Japan keeping wary eye on impact from slowing China economy, white paper says
China’s slowdown has already impacted Japanese domestic production and exports to the world’s second-largest economy, according to the white paper.
White House senior adviser Jared Kushner will lead a U.S. delegation on a tour of the Middle East to finalize details of his proposed $50 billion economic development plan for the Palestinians, Jordan, Egypt and Lebanon, an administration official said on Sunday. Kushner, Middle East ...
U.S. House approves $15 minimum wage but Senate prospects are dim
House Democrats approved legislation Thursday to raise the federal minimum wage for the first time in a decade, to $15 an hour, but the bill has almost no chance in the Republican-controlled Senate. Passage was assured after centrists won concessions for a slower phase-in, over ...
The nation's economy is less likely to suffer a painful whiplash from a sales tax increase scheduled for October, early sales figures for autos and apartments suggest. Demand for cars and houses hasn't picked up noticeably in the run-up to the 2 percentage point tax ...
Trump camp plays economy card in bid to sway Pennsylvania's wary women voters
U.S. President Donald Trump's campaign sought to energize women voters in the battleground state of Pennsylvania on Tuesday, betting a message of economic prosperity will boost support from suburban women uneasy with the direction of the Republican Party. Lara Trump, the president's daughter-in-law, urged the ...
U.S.-China trade war may provide window of opportunity for Japan businesses
Although China's economy has been slowing down due to a trade war waged by the United States, hurting not only exports but also domestic demand, such a situation may provide a window of opportunity for Japanese businesses. As relations between the two Asian nations have ...
Fed chief Jerome Powell signals rate cut may be in offing, is mum on Trump pressure
Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening global economy and rising trade tensions. Delivering the central bank's semiannual report to Congress, Powell ...
Japan was taken aback by the strong reaction from South Korea to its decision to tighten export controls on some chemicals, a senior foreign ministry official said.
In blow to Mexican president and markets, finance minister quits over economic 'extremism'
Mexico's moderate Finance Minister Carlos Urzua resigned on Tuesday with a letter that shocked markets by citing "extremism" in economic policy, before President Andres Manuel Lopez Obrador quickly named a well-regarded deputy minister to replace him. In the unusually strongly worded resignation note made public ...
Sentiment among workers on the front line of Japan's economy hits three-year low
Business sentiment among workers with jobs sensitive to economic trends hit a three-year low in June as consumers kept their purse strings tight following the unusual 10-day holiday the previous month, according to government data. The diffusion index of confidence among "economy watchers" such as ...
Japan's 'ice age generation' urges revamp of state hiring push
The government announced a plan in June to find 300,000 permanent jobs for those who got stuck in the prolonged "employment ice age" that was triggered by the collapse of the bubble economy in the 1990s, but critics are skeptical about how effective it ...
African leaders launch free trade zone in what could be economic game changer
African leaders met Sunday to launch a continental free-trade zone that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development. After four years of talks, an agreement to form a 55-nation trade bloc ...
