Japan PM adviser Honda says GDP shows economy not ready for sales-tax hike
TOKYO (Reuters) – A prominent adviser to Prime Minister Shinzo Abe warned on Monday that Japan’s growth remains too weak to raise the national sales tax, highlighting the difficulty of the tax decision facing Abe in coming weeks.
Japan PM adviser Honda says GDP shows economy not ready for sales-tax hike
TOKYO (Reuters) – A prominent adviser to Prime Minister Shinzo Abe warned on Monday that Japan’s growth remains too weak to raise the national sales tax, highlighting the difficulty of the tax decision facing Abe in coming weeks.
India industrial output tipped to fall, raising stakes for rupee
NEW DELHI (Reuters) – India is expected on Monday to report a second straight contraction in industrial production in June, underscoring the challenge for policymakers to stabilize the battered rupee without hurting economic revival.
Deloitte seeks more clarity from UK on taxes: report
(Reuters) – Deloitte UK has called for more consistency from Britain on taxes, the Telegraph said on Monday, quoting the head of the accounting firm.
British art exports hit post-credit-crunch peak
LONDON (Reuters) – The value of British art exports has surged to its highest level since the credit crunch, despite new rules giving deceased artists’ estates a share of their work’s resale price, data compiled by a Thomson Reuters unit showed on Mond…
Britain plans to name, shame ‘cowboy’ tax advisers
LONDON (Reuters) – British authorities would get the right to name and shame tax advisers who deliberately steer their clients into tax avoidance schemes that are likely to break the law, under a government proposal announced on Monday.
UK’s Royal Mail sell-off promotion plan angers postmasters
LONDON (Reuters) – Plans to use Britain’s post offices to promote a sell-off of the Royal Mail delivery service drew an angry backlash from branch managers on Monday, creating a new headache for ministers keen to start the privatization.
Exclusive: Mexico energy reform won’t offer private oil concessions – ruling party leader
MEXICO CITY (Reuters) – A sweeping energy overhaul that Mexican President Enrique Pena Nieto is set to unveil on Monday will not offer private firms concessions to tap Mexican oil, but will propose amending the constitution to allow them to invest in t…
Apple to unveil next iPhone Sept 10: report
(Reuters) – Apple Inc, the world’s largest technology company, is expected to present its redesigned iPhone in September, according to technology blog AllThingsD.
GM plans gradual pullout of S.Korea as labor costs surge
SEOUL (Reuters) – General Motors Co. has begun gradually cutting its presence in South Korea after mounting labor costs and militant unionism triggered a rethink of its reliance on the country for a fifth of its global production, three individuals fam…
