JapanNews

Japan's Last-Minute Budget Approval on the Eve of Fiscal New Year

3 days ago

In a surprising turn of events, Japan's government is set to approve its budget for the upcoming fiscal year just one day before it officially begins. This last-minute decision underscores the challenges faced by policymakers as they navigate through economic uncertainties, amid rising costs and global market pressures.

Japan's Household Spending Dips for Fourth Consecutive Month as Inflation Bites

3 months ago

In a concerning trend for the Japanese economy, household spending has fallen for four straight months, reflecting the impact of rising inflation on consumer behavior. According to the latest data released by the government, households curtailed their expenditure as they grappled with an increasing cost of living, a situation that has been exacerbated by persistent inflationary pressures.

Japan Experiences Record-Breaking Rise in Base Salaries: A Positive Development for Ishiba's Administration

6 months ago

In a promising turn of events for Japan’s economy, base salaries have experienced a record-breaking increase, marking a substantial positive signal for the administration led by Shigeru Ishiba. This significant development reflects a growing trend within the labor market as businesses respond to government policies aimed at spurring economic growth and alleviating the issues surrounding stagnant wage problems.