ECONOMY – 6

Jul 06
The latest forecast from Japan's government sees GDP growing by about 1.5 percent in fiscal 2019. Officials expect the current recovery to continue even after the planned consumption tax hike to 10 percent in October 2019. (NHK)
Jul 06
Personnel expenses at Japan's large corporations have grown to their highest level in 16 years as a deepening shortage of workers has forced them to increase pay for part-timers. (Nikkei)
Jul 03
Demand for new offices pulled up land values in Japan's largest cities, but the country is witnessing polarizing demand as rural areas that lack tourist attractions are left behind. (Nikkei)
Jun 30
Japan's unemployment rate fell to the lowest level in more than 25 years in May in the latest sign of a strengthening economy, government data showed Friday, but rising job availability underscored the shortage of workers amid a shrinking population. (Japan Today)
Jun 30
Trading volume on the Tokyo Stock Exchange has slumped to the lowest level in 14 years, while Shanghai shares have fallen six weeks in a row, underscoring investor concern over U.S.-China tariff tensions. (Nikkei)

Jun 21
Japan's largest banks have buoyed earnings with high-interest cash advances over the last few years, but these loans are starting to take a toll as irrecoverable debt piles up. (Nikkei)
Jun 17
With Japan now planning to open its doors to more foreign workers, academics and other observers are beginning to wonder exactly what kind of turn the country is in for -- one that lifts the economy or one that delivers discord. (Nikkei)
Jun 16
Japan's Cabinet has approved basic economic and fiscal policies that include measures to reconstruct state finances and address labor shortages. (NHK)
Jun 07
Workers in Japan are continuing to take home bigger paychecks. A government survey says monthly wages rose year-on-year for the 9th-straight month in April. (NHK)
May 25
Chinese money is pouring into Hokkaido at a much greater scale than imagined. In his recent visit to the island prefecture, Chinese Premier Li Keqiang attended a forum of Japanese prefectural and Chinese provincial governors in Sapporo on May 11, but a Chinese diplomatic source said he was just using the meeting as an excuse for touring the island. (Japan Times)

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