Tokyo: Wars slows economy, delays recovery

The International Monetary Fund and the Central Bank downgrades growth estimates. In a country lacking in natural resources, such as Japan, the soaring price of raw materials is a major problem. But t ... ( read original story ...)

Japan lowers gasoline subsidy to 20.3 yen/litre

Japan cut its gasoline subsidy for oil distributors to 20.3 yen ($0.16) a litre for the seven days from April 14, down from 20.7 yen a week earlier, the industry ministry said on Wednesday. ( read original story ...)