Japan more than triples fuel subsidies over March 10-16

The Japanese government more than tripled fuel subsidies to Yen 17.7, or 15 cents, per liter over March 10-16, from Yen 5/liter a week ago, in a bid to curb rising oil products retail prices. The government raised the upper limit of the subsidies to Yen 25/liter March 10, from Yen 5/liter earlier, as crude oil prices soared amid the…