The Traderszone Network

Published in TZ Latest News 13 November, 2014 by The TZ Newswire Staff

Exclusive: Japan firms overwhelmingly want Abe to delay tax hike – Reuters poll

Japanese companies overwhelmingly want Prime Minister Shinzo Abe to delay or scrap a planned tax increase, a Reuters poll shows, highlighting concerns that it could derail a fragile economic recovery. As expectations grow that Abe will soon announce he is putting off the unpopular measure, the Reuters Corporate Survey found that nearly three in four big companies think the economy is too weak to weather the increase as scheduled in October 2015.

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