Japan considering tax system changes to encourage M&A - Asahi

Dhwani Mehta FXStreet

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.

Japan’s Household Spending rises 9.5% YoY in Sept, fastest pace on record

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.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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