Turkey
said its army would now view any threat from Syrian forces along their
border as a military target, as NATO condemned Syria's shooting down of a
Turkish military jet last week.
Japan's
lower house of parliament voted to approve a bill to double the
national sales tax, handing Prime Minister Yoshihiko Noda his flagship
policy for fiscal reform at the cost of a potentially divisive rebellion
within the ruling party.
Much
of the attention during the prolonged employment crisis has been on
high rates of joblessness among young people. Less noticed, but no less
significant to economists, has been the plight of the middle-aged.
Japan's
crackdown on insider trading is reaching a new level of intensity with
the arrest this week of a former executive at SMBC Nikko Securities for
his alleged involvement in insider trading.
Nomura's
CEO will face investors at its annual meeting wanting to hear how the
brokerage became involved in an insider-trading probe and about the
patchy results of its growth strategy.