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Japanese companies are passing on rising labour costs to business customers in the form of higher service prices at the fastest pace in 32 years, according to Bank of Japan data that support the case for raising the benchmark interest rate. Producer prices among services with a high labour cost ratio rose 3.3% in October […]
The long-ruling Liberal Democratic Party has lost its parliamentary majority, raising questions about the policy stability that has lured investors. Source link
(Bloomberg) — The yen extended losses to 1% while Japanese stocks climbed Monday as investors mulled the implications of the Liberal Democratic Party and its coalition partner losing their majority. Most Read from Bloomberg The slide in the currency as far as 153.88 against the dollar came after four straight weekly declines. The yen has […]