Japan considering tax system changes to encourage M&A - Asahi
|The Japanese newspaper, Asahi, carries the latest headlines on Tuesday, citing that the Japanese government is considering tax system changes to encourage mergers and acquisitions (M&A).
Note that PM Abe’s government delivered the much-awaited sales tax hike last month that boosted the country’s household spending at the fastest pace since comparable data available from 2001.
Meanwhile, USD/JPY keeps its range around the 109 handle in early trades amid thin liquidity and cautious market mood amid ongoing US-China trade uncertainty.
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