Feb 3, 2015

Diet enacts extra budget to boost domestic demand

The Diet has enacted a ¥3.12 trillion extra budget for fiscal 2014 to fund an economic stimulus package aimed at boosting domestic demand aggravated by last year’s consumption tax hike and the yen’s plunge. The supplemental budget was approved Tuesday evening in the Upper ...

Full text of Obama's State of the Union address

Jan 21, 2015

Full text of Obama's State of the Union address

The full text of President Barack Obama’s State of the Union address Tuesday night, as prepared for delivery and provided by the White House: Mr. Speaker, Mr. Vice President, members of Congress, my fellow Americans: We are 15 years into this new century. Fifteen ...

Key quotes from Obama's State of the Union address

Jan 21, 2015

Key quotes from Obama's State of the Union address

The following are key quotes from U.S. President Barack Obama’s State of the Union address on Tuesday: Economy Turning the page “We are 15 years into this new century. Fifteen years that dawned with terror touching our shores; that unfolded with a new generation ...

Obama to target rich in State of the Union

Jan 18, 2015

Obama to target rich in State of the Union

U.S. President Barack Obama will speak to the nation Tuesday in a State of the Union address that comes as he readies to lock horns with ascendant Republicans. The annual speech, the most important in the U.S. political calendar, will come exactly two years ...

Abe again pushes for higher wages for sake of economy

Jan 6, 2015

Abe again pushes for higher wages for sake of economy

Prime Minister Shinzo Abe once again on Tuesday urged business leaders to raise wages this year to help get the economy out of more than a decade of deflation. Speaking at a New Year’s celebration organized by three major business lobby groups, Abe said ...

Dec 30, 2014

Business leaders welcome planned corporate tax cut

Two business leaders welcomed the ruling coalition’s fiscal 2015 tax reform package that features a cut in the effective corporate tax rate by more than 3.29 percentage points in fiscal 2015-2016. While hailing the move, Sadayuki Sakakibara, chairman of Keidanren, the country’s largest business ...