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April 25, 2024
 

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HIKE

BUSINESS / Economy
Oct 7, 2019
Japan downgrades economy assessment to 'worsening' for first time in four months
The government on Monday downgraded its assessment of the economy for August, saying it is "worsening" after being hit by sluggish production and exports due partly to lingering U.S.-China trade tensions.
Japan Times
BUSINESS / Economy
May 5, 2017
Aso warns regional finance chiefs to protect against capital outflows from Fed interest rate hikes
Finance Minister Taro Aso on Friday voiced concern about the adverse effects of interest rate hikes by the U.S. Federal Reserve, including a potential outflow of capital from emerging economies.
JAPAN
Mar 27, 2017
Wage hike won't fix staff shortfall at day care centers: survey
About 70 percent of municipal governments see few prospects for labor shortages improving at day care centers because teachers and other staff will remain underpaid even after a wage hike planned for April, a Kyodo News survey found Monday.
Japan Times
BUSINESS / Economy
Jan 19, 2017
Manufacturing surge, labor crunch show U.S. economic health, Fed says
A pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic conditions.
Japan Times
LIFE / Travel
Oct 27, 2016
Hiking Japan's autumn trails provides a great escape
Picture your workday, and then your week. Imagine the discomfort of the morning train or the slow crawl of traffic. Think about your place of work.
Japan Times
JAPAN / Politics
Jun 2, 2016
Ruling, opposition camps switch into campaign mode day after election date confirmed
A day after Prime Minister Shinzo Abe set July 10 as the date for the upcoming Upper House election, the nation's ruling and opposition parties wasted no time Thursday launching into campaign mode.
JAPAN
Jun 1, 2016
On streets of Tokyo, opinion divided over tax-hike delay
Passers-by polled by reporters in Tokyo on Wednesday were split over the prospect of another delay to the consumption tax hike.
Japan Times
JAPAN / Politics
Jun 1, 2016
Abe delays tax hike weeks before election
Prime Minister Shinzo Abe on Wednesday announced he is pushing back a second-stage hike in the consumption tax, from April next year to October of 2019.
Japan Times
JAPAN / Politics / ANALYSIS
Jun 1, 2016
As voters welcome Japan's tax-hike delay, experts warn on costs
Economy mavens are split over the merits of Prime Minister Shinzo Abe's decision to delay the consumption tax hike to 2019.
JAPAN / Politics
May 31, 2016
Abe won't call for Lower House poll after delaying sales tax hike again
Prime Minister Shinzo Abe appears likely to forgo a House of Representatives election this summer over the planned postponement of a consumption tax increase from next year.
Japan Times
BUSINESS / Economy
May 30, 2016
LDP grandees fall into line on postponing second-stage tax hike
Despite their earlier opposition, top executives in the Liberal Democratic Party effectively endorse Abe's plan to shelve the planned second-stage hike of the unpopular consumption tax.
Japan Times
JAPAN / Politics
May 27, 2016
G-7 broadly agrees on ways to spur growth
Leaders agree to better cooperate on fiscal measures, but they remain sharply divided on how much each country should spend.
BUSINESS
Sep 5, 2015
Refunds on all food considered to ease '17 tax hike
The feasibility of a 2-point consumption tax refund is eyed for “all kinds of food and beverages except for alcoholic drinks” when levy is raised to 10 percent.
BUSINESS
Jul 3, 2015
Fiscal 2014 tax revenue soars to highest in 21 years
The government said Friday that tax revenue in fiscal 2014 climbed to ¥54.0 trillion ($438.4 billion), the highest since 1993, thanks to a jump in corporate tax receipts and the first stage of the doubling of the consumption tax.
BUSINESS / Markets
Apr 30, 2015
Fed signals plans to set rate hike stage with just a phone test, for now
The Federal Reserve has set up a new system for holding press conferences by telephone, increasing the central bank's flexibility to explain an interest rate hike in months when one of its quarterly press sessions is not already scheduled.
Japan Times
BUSINESS / Markets
Apr 7, 2015
Weak job data ease rate hike jitters, lift Wall Street
U.S. stocks rose on Monday as expectations the Federal Reserve will push any interest rate increases further into the year offset concerns over Friday's surprisingly weak jobs report.
BUSINESS / Economy
Feb 18, 2015
Big firms face pay-hike calls as 'shunto' labor talks begin
Large firms kicked off their annual wage talks Wednesday, with labor unions demanding a pay-scale hike amid Prime Minister Shinzo Abe's repeated calls for an increase in salaries that would help boost consumption and shore up the economy.
Japan Times
BUSINESS
Feb 16, 2015
Tepco to mull rate hike if it can't restart Niigata nuclear complex
Tokyo Electric Power Co. said it will need to consider raising electricity rates for the first time since 2012 unless it can restart the world's biggest nuclear plant.
BUSINESS / Economy
Feb 6, 2015
Composite index suggests economy is improving
Japan's key composite index rose in December following a fall the previous month, the government said on Friday, suggesting the country's economy may have overcome the negative impact of the 3-percentage-point consumption tax hike to 8 percent last April.
BUSINESS
Dec 3, 2014
Toyota labor unions to seek ¥6,000 monthly raise
The labor unions of Toyota Motor Corp. will consider demanding a raise of at least ¥6,000 in monthly pay in annual wage talks starting early next year, sources said Wednesday.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Over 40% of Japan's municipalities at risk of vanishing, study finds
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
Tokyo issues strong warning on yen intervention as currency dips further
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
Japan's former PM Aso meets Trump for talks on security and economy
Former U.S. President Donald Trump and Taro Aso, vice president of Japan's ruling Liberal Democratic Party, in New York on Tuesday. The Japanese government’s top spokesman on Wednesday played down the meeting as one conducted "in the capacity of one lawmaker" and “without the government’s involvement.”
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Tsukiji 2030s: A stadium, culinary center and transportation hub
A computer-generated image shows redevelopment plans for the former site of the Tsukiji fish market in Tokyo.

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