Tuesday, April 1, 2014
Japan raised its sales tax Tuesday, moving to stabilize government finances but at the risk of undermining a shaky economic recovery.
Buy now or pay more later: Japanese retailers are luring customers with promises of steep discounts ahead of a sales tax hike Tuesday that economists expect to slow but not derail the recovery of the world's third-largest economy.
Saturday, March 29, 2014
Japanese consumer prices rose for the ninth consecutive month in February while unemployment fell to a more than six-year low, data showed Friday, suggesting Tokyo's efforts to combat years of falling prices and tepid growth were gathering steam.
Thursday, March 27, 2014
Failed Bitcoin exchange MtGox said Wednesday it has submitted “electronic records” and other documents to the Tokyo police after it collapsed in February admitting losing half a billion dollars' worth of the digital currency.
Saturday, March 22, 2014
Failed Bitcoin exchange MtGox says it has found 200,000 coins worth US$116 million in an old “digital wallet,” after it collapsed in February admitting it had lost half a billion dollars in a possible theft.
Friday, March 21, 2014
Japan on Thursday passed its biggest-ever budget, a US$937 billion spending package aimed at propping up growth as consumers brace for the country's first sales tax rise for over 15 years.
Bank of Japan (BOJ) governor Haruhiko Kuroda on Thursday marked his first year in the job, with critics giving a mixed report card on his unprecedented monetary easing program rippling through the world's number three economy.
Thursday, March 20, 2014
Japan on Wednesday posted its 20th straight monthly trade deficit in February, but analysts welcomed the fact that the figure had narrowed from a record shortfall in January as export growth outpaced imports.
Wednesday, March 12, 2014
The Bank of Japan (BOJ) held off fresh monetary easing measures Tuesday, saying the economy was picking up, despite slowing growth in the last quarter of 2013 and fears that a looming tax hike will dent the recovery.
Tuesday, March 11, 2014
Japan's economy grew at a slower pace than initially thought in the last quarter of 2013, revised data showed Monday, underscoring concerns about the pace of recovery under Prime Minister Shinzo Abe's policy blitz.