Search Results for: japan
Japanese Government Cuts 2014 Economic Growth Forecast
July 22nd, 2014
The government on Tuesday cut its forecast for Japan’s economic growth in fiscal 2014 to 1.2 percent from 1.4 percent in real terms amid lingering fears that the April 1 consumption tax hike, the first in 17 years, may ...
Japan upgrades economic outlook
July 17th, 2014
Japan upgraded its overall assessment of the economy in July for the first time in six months as consumers reopened their wallets following an initial pullback in spending in the wake of a sales tax increase. In its monthly ...
Japan Leads Global Volatility Decline to Seven-Year Low
July 15th, 2014
Across global stock markets, nowhere is calm descending faster than in Japan. The Nikkei Stock Average Volatility Index, which tracks the cost of options on the Nikkei 225 (NKY) Stock Average, tumbled 33 percent this year to 15.3 yesterday, ...
Australia, Japan sign defense and trade deals
July 8th, 2014
On Tuesday, Japan’s prime minister Shinzo Abe met with his Australian counterpart to sign agreements aiming to boost defense and trade ties between the countries. The defense deal, which involves the transfer of military equipment and technology, comes a ...
Japan Current Account Surplus Above Expectations
July 8th, 2014
Japan’s current account logged a higher-than-expected surplus in May, government data showed on Tuesday, as the trade deficit narrowed due to a decline in imports. But the improvement in the current account surplus could be temporary as export growth ...
Bank of Japan keeps upbeat outlook on all regions
July 7th, 2014
The Bank of Japan kept its upbeat assessment for all of the country’s nine regions, saying a moderate recovery was taking hold and bolstering views the economy is on track to meet the central bank’s price target without more ...
Japan reveals plans to cut corporate tax to below 30%
June 24th, 2014
Japan has unveiled plans to cut the country’s corporate tax to below 30% in several stages starting next year. The move is part of Prime Minister Shinzo Abe’s plan to revive the economy, a pledge made when he took ...
Japan not regulating bitcoin, for the moment
June 20th, 2014
Japan’s leading Liberal Democratic Party said it decided against regulating bitcoin for the time being, after the collapse of Tokyo-based bitcoin exchange Mt. Gox prompted them to consider more scrutiny of the virtual currency. Mt. Gox, once the world’s ...
Deutsche Bank Japan, SEC Whistleblower, Italy: Compliance
June 18th, 2014
Deutsche Bank AG’s Japanese securities unit entertained officials from 45 funds that manage public pensions, according to a report obtained by Bloomberg News, signaling that the potentially illegal practice was more widespread than regulators disclosed. Deutsche Securities Inc. spent ...
Japan’s Abe Confirms Corporate Tax Cuts From 2015
June 17th, 2014
Prime Minister Shinzo Abe has confirmed that Japan’s effective corporate tax rate will be reduced from its current rate of up to 36 percent to below 30 percent in the next few years. A first cut is expected to ...
