ECONOMY

Oct 22
Yoichi Miyazawa, the new economy, trade and industry minister, will immediately face many important and difficult challenges over energy policies. (The Japan News)
Oct 22
Japan is considering taxing the capital gains on stocks and other financial assets held by residents moving overseas, part of an effort to prevent the super rich from escaping tax bills. (Nikkei)
Oct 22
Sales at department stores in Japan in September decreased 0.7 percent from a year before on a same-store basis, down for the sixth consecutive month, according to the Japan Department Stores Association. (The Japan News)
Oct 21
Japanese stocks fell on Tuesday, with the market latching on to comments from the welfare minister on the country's public pension fund as an excuse to take profits from outsized gains the previous day. (brecorder.com)
Oct 21
The Bank of Japan has downgraded its economic assessment for one of nine regions in Japan, but has kept the assessment for the others unchanged. (NHK)
Oct 20
Tokyo stocks jumped 3.98 per cent on Monday, notching up their biggest one-day points gain in over a year following a sharp rise on Wall Street and as a weaker yen boosted exporters. (businesstimes)
Oct 20
Japan's planned consumption tax hike would be "meaningless" should it give too much damage on the country's economy, Japanese Prime Minister Shinzo Abe has said in an interview with the major British daily Financial Times. (Jiji Press)
Oct 17
Tokyo stocks fell 1.40 percent to close at a five-month low on Friday, hit by a stronger yen and growing concerns about the global economy. (thepeninsulaqatar.com)
Oct 16
Asian shares were off session lows but still nursed losses amid a selloff in global equities on Thursday, as heightened concerns about world economic growth sent U.S. Treasury yields down and Japanese stocks tumbling. (Reuters)
Oct 15
Singapore's retirement income system is the most desirable in Asia, according to the latest report by U.S.-based consulting firm Mercer and Australian Centre for Financial Studies. The city-state was ranked 10th out of 25 countries in the global survey. Meanwhile, all other Asian countries in the report -- Japan, China, Indonesia, South Korea and India -- were ranked toward the bottom of the list. (Nikkei)
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