Business / Economy Jun 6, 2023
Weak Japan wage results offer little for Kishida or BOJ
Real cash earnings for Japan’s workers dropped 3.0% from a year earlier in April, slipping for the 13th month as overtime pay showed weakness.
Real cash earnings for Japan’s workers dropped 3.0% from a year earlier in April, slipping for the 13th month as overtime pay showed weakness.
The nominations came amid heightened expectations that Prime Minister Fumio Kishida was looking to choose the first female deputy governor in the Bank of Japan’s 140-year history.
Not a single woman’s name is doing the rounds as a potential replacement for Haruhiko Kuroda as central bank governor in the world’s third-largest economy.
The continued acceleration in core inflation challenges Bank of Japan Gov. Haruhiko Kuroda’s view that the current cost-push inflation is only temporary.
The cost-push inflation the weaker yen is amplifying likely offers Japan its best chance to secure stable inflation in years.
As Chinese debt is being added to the FTSE Russell global bond index, the Japanese fund will instead use a version of the World Government Bond Index that excludes Chinese government bonds.
Japanese households are rushing to private retirement products after a government report fueled fears that the national pension system won't be enough to support them during old age. SBI Securities Co. and Monex Group Inc. have seen applications for defined contribution pension plans surge since ...
More than 8 million homes lie abandoned across Japan, a symptom of the declining population and people's migration to major cities. For one company, this isn't just an ominous demographic signal, it is also a business opportunity. Katitas Co. is a house-flipper, deploying a business model ...
As part of an effort to streamline markets and attract more investors, the Tokyo Stock Exchange may demote about a third of its largest listed companies and cut down the bourses it operates to three from four, according to media reports. A TSE advisory panel ...
By the age of 34, Akiko Naka has already experienced more career-wise than most people do in a lifetime. She started by getting hired by Goldman Sachs Group Inc., where she worked as an equity saleswoman. When she left that job, she tried to make ...