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In the latest of a long series of gaffes, Finance Minister Taro Aso has hit out at brokerage workers — a profession he’s responsible for overseeing. “People have a preconception that investing in bonds and stocks is dangerous, and that’s correct,” Aso said at a forum Tuesday in Tokyo. “Most ...

Mitsubishi Aircraft Corp. said it is sticking to the schedule of handing over its first plane in 2018 after issues with the jet’s air conditioning ventilator this weekend grounded the plane from further test flights. The company is working with United Technologies Corp., the maker of the air conditioning system ...

In a major policy shift, the Liberal Democratic Party plans to abolish the decades-old spousal tax break that critics say has long dissuaded wives from seeking full-time work. The post LDP to scrap spousal tax break in bid to get more women into full-time work appeared first on The Japan Times.

In 2009, anime fans were delighted when a life-size statue of a Gundam robot was unveiled in Tokyo’s Odaiba district. The statue has now become a landmark attraction in the shopping and entertainment area. And this year, there’s finally some action as Gundam fights with another robot, something you get ...

The dollar firmed modestly to levels close to ¥102.40 in late Tokyo trading on Tuesday amid a growing wait-and-see mood ahead of U.S. employment data on Friday. At 5 p.m., the dollar stood at ¥102.37-37, up from ¥102.29-30 at the same time Monday. The euro was at $1.1168-1169, down from ...

Stocks turned slightly lower in thin trading on the Tokyo Stock Exchange Tuesday, pressured by profit-taking after the previous day’s sharp rebound. The Nikkei average dipped 12.13 points, or 0.07 percent, to end at 16,725.36. On Monday, it shot up 376.78 points. The Topix index lost 0.43 points, or 0.03 ...

Household spending fell for a fifth straight month and retail sales also dropped, underscoring the weakness in domestic demand. The jobless rate was the lowest since 1995. Household spending fell 0.5 percent in July from a year earlier, the statistics bureau said on Tuesday. Retail sales fell 0.2 percent from ...

Air bag maker Takata Corp.’s troubles worsened Monday as the company confirmed that a truck carrying its inflators and a volatile chemical exploded last week in a Texas border town, killing a woman and injuring four others. The truck, operated by a subcontractor, crashed, caught fire and exploded Aug. 22 ...

New Cluttons report says high net worth individuals from region will continue real estate spending overseas for remainder of 2016

MOSCOW, (AFP) -- Swedish flatpack giant IKEA on Tuesday warned it could reduce its investment in Russia after a court or