Why are Toyota and Honda raising wages in Japan?
The news comes as the Bank of Japan seeks evidence of wage growth before shifting monetary policy
Source: qz.com
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INSTANT VIEW 8-Japan to appoint Kazuo Ueda as next BOJ governor - sources
They are going to keep that, and maybe even make it more firm." "The market reaction of higher yen and higher yields is understandable, because Ueda is relatively unknown, but as his stance becomes more clear, I think the market still start to calm down." SAISUKE SAKAI, SENIOR ECONOMIST AT MIZUHO RESEARCH AND TECHNOLOGIES: "Basically, whoever becomes next BOJ governor, it is not the situation in which the current monetary easing stance to be changed sooner.
Source: devdiscourse.com
Is the UK in a recession?
Soccer-related spending gave a boost to the country's struggling economy
Source: qz.com
2023 could mark the end of a key piece of Japan's Abenomics
The appointment of a new Bank of Japan governor in April might prompt a policy shake up
Source: qz.com
One year on, Kishida's new capitalism off to a false start
After 12 months of economic and political headwinds — from a plummeting yen to the Unification Church scandal — Kishida's pivot from Abenomics remains "conceptual."
Source: japantimes.co.jp