Mar 29, 2015

Brazil uncovers multibillion-dollar tax fraud

Dozens of Brazilian firms, including industrial companies and banks, are under investigation amid allegations they paid $5.9 billion in bribes to tax officials, police said Saturday. Brazil is already reeling from the biggest graft scandal the country has known, a $3.8 billion scam involving ...

Mar 5, 2015

Growth in Japan uneven, tied to population size: poll

Despite Prime Minister Shinzo Abe’s focus on revitalizing regional economies, growth remains uneven across Japan — with the pace of recovery slow the past year in municipalities with smaller populations, a Kyodo News survey showed Wednesday. Nearly 80 percent of local leaders who responded ...

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 ...