Japan
Lutnick says update coming this week on Japan’s $550 billion U.S. investment
The United States will make an announcement this week on Japan’s $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said. Simon2579 | Digitalvision Vectors | Getty Images The United States will make an announcement this week on Japan’s $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said, as a top Japanese trade envoy was reportedly planning to visit Washington to […]
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BOJ’s Ueda expects tightening job market to push up wages
Bank of Japan Governor Kazuo Ueda attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Symposium in Jackson Hole, Wyoming on Aug. 23, 2025. Jim Urquhart | Reuters Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a tightening job […]
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CNBC Daily Open: In Trump’s era, Jackson Hole’s no longer just for market watchers
Jerome Powell, chairman of the U.S. Federal Reserve arrives for a dinner during the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, U.S., on Aug. 21, 2025. David Paul Morris | Bloomberg | Getty Images Jerome Powell, chair of the U.S. Federal Reserve, will be giving his keynote address at the […]
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Asia-Pacific markets trade mixed as investors look ahead to U.S. Fed chair Powell’s speech
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets traded mixed Friday as investors await U.S. Federal Reserve Chair Jerome Powell’s speech at the central bank’s annual economic symposium, which could offer clues into the path […]
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Property price surge in Tokyo’s prime areas sparks calls to curb foreign ownership
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images In Tokyo’s Shibuya district, towering skyscrapers and luxury condominiums symbolize Japan’s urban real estate frenzy — with prices surging in recent years. In 2024, the average price of new condos in the 23 […]
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Asia markets track Wall Street declines; Japan exports notch steepest drop in over four years
Dukai Photographer | Moment | Getty Images Asia-Pacific markets fell Wednesday, tracking Wall Street declines overnight, as investors parsed Japan’s trade data and China’s loan prime rate decision. Japan’s exports dropped 2.6% year over year in July, notching their steepest drop in over four years. The fall was sharper than the 2.1% contraction expected by economists […]
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Japan’s July exports clock steepest plunge in over four years, dropping by a more than expected 2.6%
Owngarden | Moment | Getty Images Japan’s exports plunged 2.6% year over year in July, their steepest drop since February 2021, as shipments to its two largest markets slipped. The fall was sharper than the 2.1% contraction expected by economists polled by Reuters and compared to the 0.5% drop seen in June. Imports to the […]
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Tokyo tops the list for 2025’s best ‘workcation’ destinations in the world
Japan’s capital Tokyo has topped the list as the world’s best city for a “workcation,” according to a 2025 report by International Workplace Group (IWG), a flexible and hybrid workspace operator. The results are part of IWG’s third annual “Work from Anywhere Barometer,” which ranks the top workcation cities globally — or where travelers can […]
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In one of the world’s most expensive cities, more workers are living paycheck to paycheck
Customers buying groceries at a supermarket in Singapore. Bloomberg | Bloomberg | Getty Images Singapore’s reputation for financial prudence and high savings is showing signs of strain. Rising costs and a growing prioritization for experiences and self-care are taking precedence over long-term financial planning, experts observed. “At the end of every month, when my salary […]
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SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites
Jaque Silva | Lightrocket | Getty Images Satellite designer AST SpaceMobile said it’s preparing to deploy nearly five dozen satellites to power cellular-based broadband networks, a move that establishes the company as a rival to Elon Musk’s dominant SpaceX. The company, based in Texas, released its second-quarter earnings after the bell on Monday, reporting that […]
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