The US Dollar struggles due to rising hopes for two interest rate cuts by the Fed in 2024.
Costco’s Japan wages provide pathway to firing up nation’s low pay, economy
When Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noodle shop chain took a drastic step: it hiked hourly wages by a third.
Shareholders making more demands of Japanese firms
Shareholder meeting season is about to kick off in Japan. Activist investors have become more vocal this year, making demands of dozens of firms.
Bangladesh finds a spot at Nagasaki Peace Park
At the Nagasaki Peace Park, monuments from around the world stand united, commemorating Japan’s historic loss in the 1945 atomic bombing. On 28 May, Bangladesh joined those monuments …
China sees property silver lining but can’t shake Japan comparisons
A plunge in China’s new housing construction is fuelling hopes the battered property sector is finally coming to terms with chronic oversupply, but a clean-up of bad assets is the missing policy piece …
In Japan, energy security fears put nuclear back in favour for 2040 plan
Japan is set to push for more nuclear power in an energy policy update due next year, seeking stable electricity supply in face of growing demand and heightening geopolitical risks, but is likely to …
Japan’s Suzuki Says Currency Intervention Had Some Effect
(Bloomberg) — Japan’s finance minister defended the government’s record intervention in the currency market in his first acknowledgment of the action. Most Read from Bloomberg Key Engines of US …
Japan’s Suzuki Says Currency Intervention Had Some Effect
(Bloomberg) — Japan’s finance minister defended the government’s record intervention in the currency market in his first acknowledgment of the action. Most Read from Bloomberg Key Engines of US …
Japan’s record market foray curbed speculative moves: finance chief
TOKYO (Kyodo) — Japan’s record currency market intervention between April and May was aimed at curbing excessive yen movements driven by speculators and proved effective “to a certain extent,” …
Japan’s record market foray curbed speculative moves: finance chief
TOKYO (Kyodo) — Japan’s record currency market intervention between April and May was aimed at curbing excessive yen movements driven by speculators and proved effective “to a certain extent,” …