Abe may leave tax hike to new PM

Japanese Prime Minister Shinzo Abe intends to push back his debt-loaded country's next tax hike for two and a half years, when he will likely have left office, reports said on Sunday.

Abe on Saturday told his close aides, including Finance Minister Taro Aso, that he intends to push back a planned raise in taxes to October 2019, according to Japanese media.

Abe's premiership will end in September 2018 unless his ruling Liberal Democratic Party approves an exceptional measure to extend his leadership.