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TOKYO (Reuters) - Prime Minister Shinzo Abe said on Monday that he will carefully watch the impact of April's sales tax hike and rising fuel prices on the economy, as he must decide by year-end whether Japan can cope with a second tax increase next year.
SINGAPORE: Gold recovered from early losses on Monday after Hong Kong pro-democracy supporters clashed with police, keeping Asian stocks on edge and boosting bullion's appeal as a safe haven, though the strength in the dollar kept the metal's gains in check.
When popular Chinese handset maker Xiaomi Inc admitted that its devices were sending users' personal information back to a server in China, it prompted howls of protest and an investigation by Taiwan's government.
HONG KONG: Clashes between Hong Kong police and pro-democracy supporters won't significantly impact the city's credit ratings in the short term, unless they last long enough to have material impact on the economy, ratings agency Fitch said on Monday.
TOKYO: The dollar hit a four-year peak against a basket of currencies in early Asian trade on Monday, bolstering Japanese shares, but other Asian shares shrugged off Friday's Wall Street rebound in the face of political unrest in Hong Kong