Japan’s nominal wages top 3% again in longest streak since 1992
Japanese wages climbed again in May, comfortably outpacing inflation and reinforcing the Bank of Japan’s stance toward raising…
States look to drop prescription costs by reining in middlemen
TOPEKA, Kan. (AP) — As consumers worry about medication costs, states are trying to lower drug prices by…
Tokyo inflation picks up, keeping BOJ on track for further hike
Tokyo’s key inflation gauge picked up for the first time in eight months, keeping the Bank of Japan on…
China’s factory activity slows in May, raising questions over its economy
BEIJING (AP) — China’s factory activity was flat in May, according to an official survey released Sunday, raising…
Taiwan urges $630 billion asset management industry to scale up
Taiwan must scale up its largest asset managers if it hopes to compete as a regional financial hub…
Japan’s real wages rise for third month to keep BOJ on hike path
Japanese workers’ real wages rose in March for a third consecutive month, supporting the Bank of Japan’s case…
Thousands of executives aren’t seeing AI productivity boom, reminding economists of IT-era paradox
In 1987, economist and Nobel laureate Robert Solow made a stark observation about the stalling evolution of the…
A stubborn inflation gauge stayed hot in February, even before Iran war gas spike
WASHINGTON (AP) — A key measure of inflation stayed high in February, before the war in Iran spiked…
IMF urges BOJ to keep raising rates even as Iran war poses new risks
The International Monetary Fund has urged the Bank of Japan to continue raising interest rates, even as the…
Pakistan faces record fuel price hike as crude oil prices surge
ISLAMABAD (AP) — Pakistanis faced record fuel price increases Friday, as petrol and diesel prices rose by up…
Trump officials tout U.S. energy dominance as global oil executives warn of supply crisis
HOUSTON – U.S. officials this week said the historic spike in fuel prices during the war in Iran…
Should you raid retirement savings for a home down payment?
LOS ANGELES (AP) — Raiding retirement savings for a down payment on a home can be tempting, especially…