China eases housing tax, lending rules to fight downturn

SHANGHAI/BEIJING (Reuters) -- China on Monday courted home buyers with a bigger tax break as it cut downpayment requirements for the second time in six months, stepping up a fight against sliding house prices that is imperiling the world's second-big...


Erik Norland: Japan likely to return to slow growth in 2015

The nation's economy cannot surge because of demographic issues, argues Erik Norland.


Industry realignment: Forklift maker UniCarriers putting itself up for sale

TOKYO -- Japanese forklift manufacturer UniCarriers is in talks with German giant Kion Gro...