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Browsing: Japanese economy
Japan’s 10-year government bond yield has reached its highest level since 2008, driven by investor speculation regarding potential interest rate hikes by the Bank of Japan. This shift marks a significant change in the country’s longstanding monetary policy stance.
Japan’s largest union group is calling for the most significant wage increase since 1993, emphasizing the need to combat rising living costs and enhance worker livelihoods. This demand comes as inflation pressures mount, prompting a potential shift in corporate wage policies.
Warren Buffett announced that Berkshire Hathaway plans to further increase its investments in Japan’s trading houses, highlighting the country’s economic stability and growth potential. This strategic move underscores Buffett’s confidence in Japan’s market resilience.
In Japan’s corporate landscape, a troubling trend emerges as employees resign by proxy, signaling deep-seated frustrations. This phenomenon reflects broader issues, including workplace culture and job security concerns, posing a significant challenge for businesses.