Abe sales tax delay fails to muzzle sceptics on Japan stocks


TOKYO: Japan has removed one uncertainty looming over the stock market with the postponement of a sales tax, but analysts diverge on whether the decision signals a turnaround for the nation's shares.

After Prime Minister Shinzo Abe confirmed the delay, analysts at Mizuho Securities Co and Okasan Securities Co were among those saying that more progress was needed from the government's stimulus efforts to boost equities.

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Business , Japan , sales tax

   

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