States sue to block $26.5 billion Sprint-T-Mobile deal, citing consumer harm
A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. The state attorneys general said the merger would hurt competition and drive up prices for cellphone services. ...
Japan household spending falls for third straight month in November
Japanese households cut spending for the third straight month in November as unseasonably warm weather reduced the need for heating and winter clothing. Spending by households with two or more people fell 0.6 percent in real terms from a year earlier to ¥281,041, according to ...
Japanese government pledges to take 'every measure possible' to ease impact of consumption tax hike
The government pledged Friday to take full measures to alleviate the impact of a planned consumption tax hike in October next year, in a basic policy for its budget compilation work for fiscal 2019. The basic policy, adopted at a Cabinet meeting, said the government ...
It pays to listen to the the real needs of women consumers in Japan
The country's male-dominated businesses are starting to ditch long-held views about what kinds of products women want as female consumers flex their growing spending muscle. While the result — more goods that emphasize the practical rather than the pretty — is the way it's long ...
Tokyo inflation holds steady, offering little cheer for Bank of Japan
Tokyo's core consumer price inflation was unchanged in October from the previous month, government data showed Friday, offering little encouragement for Japan's central bank as it struggles to reach its ambitious 2 percent inflation target. The data comes ahead of the Bank of Japan's rate ...
The government is considering giving effective 2 percent rebates for cashless purchases of all goods and services at small shops after next year's planned consumption tax hike, it was learned Saturday. The rebate program will be in place for about one year from October 2019, ...
Day Two: Canada pot stores run out of supplies as lines get longer
Day two of legal recreational cannabis in Canada on Thursday saw more long lineups outside pot stores and supply shortages in parts of the country. Most consumers were exuberant about the end of prohibition, but a few expressed disappointment over not being able to buy ...
Popular Japanese cosmetic portal @cosme gaining foothold in Asia
The operator of the popular beauty and cosmetic products portal site @cosme is rapidly gaining a foothold in Asia thanks to brisk demand for high-quality Japanese cosmetic brands. The cosmetics retailer, Istyle Inc., opened its second brick-and-mortar @cosme store in Hong Kong earlier this month ...
Lagging inflation and indecisiveness could delay Bank of Japan's exit from easing
The Bank of Japan's preferred inflation gauge fell for the second straight month in April, dropping from 0.9 percent in the previous month to 0.7 percent, as consumer prices refuse to cooperate with the BOJ's 2 percent inflation target, according to government data released ...
Roughly 1 in 3 Indonesians in major cities has recently purchased products from Japanese brands such as Sony and Uniqlo, according to a Japan External Trade Organization survey. The survey, conducted via smartphone on 720 individuals in Jakarta, Surabaya and six other cities in Southeast ...
Cabinet OKs bill that would lower minimum age for consumer contracts to 18
The Cabinet on Friday approved a bill that would lower the minimum age required for individuals to enter into consumer contracts to 18 from 20, in line with the expected lowering of the age of adulthood in the Civil Code. The revised bill on consumer ...
