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BOJ faces pressure to hike rates on its upcoming meeting
Higher inflation helps lower the value of outstanding debt and pushes down Japan's debt-to-GDP ratio
Japan's nominal wages rose 1.9 percent to $1,850, marking the highest year-on-year increase in 11 months
Primary income came to a 4.21 trillion yen surplus, the largest since comparable data became available in 1985
South Korea's passenger traffic will likely reach 100 million in 2024, exceeding the pre-pandemic level of 93.47 million in 2019
Tourists brought the country revenues of over $22.6 billion in H1 2024
Exports, which played a major role in this economic shift, rose 11.1 percent year-on-year to $58.95 billion in May
5.91 million foreign workers are expected to be employed in Japan by 2040
The government will expand access to low-interest loans for micro business owners and extend the repayment period for policy loans
The country’s total exports reached $57.07 billion in June, a 5.1 percent annual increase
The platform will likely go live by 2026
The technologies include features such as full autopilot capabilities and carbon-free engine
Japanese companies project inflation to hit 2.3 percent three years from now and 2.2 percent five years later
Vietnam's finance ministry has also reduced various fees and charges by up to 50 percent until year-end to support businesses
Retail sales and facility investment also lost ground during the same period
The ministry will allocate 3.5 trillion won to AI chips, advanced biotech, and quantum tech
External financial assets reached $1.911 trillion at the end of December last year
The manufacturing sector attracted 28.4 percent, or 117.1 billion yuan, of the total FDI inflow
Japanese yen has neared the 160 mark against the U.S. dollar, a level unseen in decades
Beijing plans to send astronauts to the moon by 2030 and build a research base at the lunar south pole
During the first five months of the year, tax revenues declined 5.1 percent annually to 8.0462 trillion yuan
The assets of the banking sector reached 429.58 trillion yuan, up 8.1 percent YoY
Tourism spending reached $11.1 billion in Q1 2024
The one-year LPR was kept at 3.45 percent, while the five-year LPR was maintained at 3.95 percent
