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Japan Times
BUSINESS / Economy
Oct 3, 2014

BOJ struggling to meet inflation deadline, former vice governor says

The Bank of Japan may need more time to achieve its 2 percent inflation target and the country can't ignore harm caused by an abrupt weakening of the yen, said Toshiro Muto, a two-time contender to lead the central bank.
BUSINESS / Economy
Sep 9, 2014

Abe needs more stimulus to raise sales tax, adviser Itoh says

The administration should consider a supplementary budget this year and will need to add stimulus for the economy to weather the planned increase in the consumption tax in 2015, according to Motoshige Itoh, a member of an advisory panel to Prime Minister Shinzo Abe.
BUSINESS
Aug 13, 2014

Homebuyers in Japan seen at risk amid floating-rate loan rush

Japanese homebuyers are piling into floating-rate mortgages, stirring debate over whether they are too complacent as Bank of Japan stimulus revives inflation.
BUSINESS / Economy
Jun 14, 2014

Noda says Abe buying into 'voodoo economics'

Sour grapes are in season in Tokyo as Prime Minister Shinzo Abe's predecessor steps up and slams the incumbent's tax plans.
Japan Times
BUSINESS / Economy
Jun 11, 2014

Stand firm on 10% sales tax, Noda warns Abe

Prime Minister Shinzo Abe risks triggering market turmoil should he fail to raise the consumption tax to 10 percent next year, his immediate predecessor warned.
Japan Times
BUSINESS / Economy / ANALYSIS
May 12, 2014

Weak exports, not tax hike, could shake BOJ

The Bank of Japan is increasingly confident that the economy is weathering the recent tax increase and on its way out of deflation, but another threat to that optimistic scenario is lurking in the form of weak exports.
Japan Times
BUSINESS
Apr 1, 2014

Shoppers start coping with higher sales tax

Tuesday's hike of the consumption tax to 8 percent saw mixed reactions in Tokyo and Osaka. While consumers in both cities seemed resigned to the increase, there was concern about the additional transportation and food costs.
BUSINESS / Economy
Mar 18, 2014

Analysts split on fiscal crisis timeline

Economists are split over how long the government has to rein in the world's biggest debt burden, a Bloomberg News survey shows, adding to a debate on whether the government should keep ratcheting up the sales tax.
Japan Times
WORLD
Feb 25, 2014

In defiance of U.N., Iraq 'inks deal to buy arms' from Iran

Iran has signed a deal to sell Iraq arms and ammunition worth $195 million, according to documents seen by Reuters — a move that will break a U.N. embargo on weapons sales by Tehran.
BUSINESS / Companies
Feb 4, 2014

Panasonic profit beats analyst estimates

Panasonic Corp. posted third-quarter profit that beat analysts' estimates as the television maker stops making plasma sets to speed up reforms and recover from back-to-back annual losses.
Japan Times
WORLD
Nov 2, 2013

Obama meets Iraq's al-Maliki, remains mum on arms sales

President Barack Obama assured visiting Iraqi Prime Minister Nouri al-Maliki on Friday that the United States wants to be a strong partner in bringing about a stable and inclusive Iraq amid a rapid spike in sectarian violence that threatens security across the country.
BUSINESS / Companies
Oct 11, 2013

Japan credit card sales seen accelerating on stock rally

Japanese credit card transactions will accelerate this year as rising stock prices boost consumer confidence and spending, according to Sumitomo Mitsui Financial Group Inc.'s card unit.
Japan Times
BUSINESS
Oct 8, 2013

With 8% hurdle cleared, Aso eyes 10% sales tax

Just a week after Prime Minister Shinzo Abe announced his intention to raise the 5 percent consumption tax to 8 percent next April, Finance Minister Taro Aso said he was upbeat about raising the levy further to 10 percent.
BUSINESS / Economy
Aug 31, 2013

Most on Abe's expert panel approve plan to hike sales tax

The government's expert panel on the planned consumption tax hike wrapped up discussions Saturday with more than 70 percent of its members supporting the plan as it now stands, saying Japan will suffer a much bigger economic blow if the tax isn't raised.
BUSINESS / Economy
Aug 26, 2013

Abe begins collecting feedback on tax hike before decision

A government panel kicked off a seven-day discussion Monday on whether the sales tax should be hiked next April amid concerns it could derail Prime Minister Shinzo Abe's radical efforts to end decades of deflation.
BUSINESS / Economy
Jul 31, 2013

Deficit cut mulled as sales tax debate intensifies

The Abe administration is considering an ¥8 trillion target for budget-deficit cuts over the next two years as officials debate how to proceed with the planned consumption tax increases that threaten to take the wind out of the economic rebound.

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