The annual figure marked the third consecutive year of increases as rising prices due to the yen’s weakening and labor shortages caused business failures. Read more
Personal debt is overwhelming an increasing number of Japanese as higher interest rates and the rising cost of living bite. Read more
The advisor criticized the government’s decision to resume subsidies for utilities as part of the stimulus package. Read more
The action is another setback for Nomura after the revelations led several companies including Toyota Finance to take their bond underwriting business elsewhere. Read more
The bankruptcies partly reflect the impact of higher prices, while a record 163 firms cited labor shortages as a reason for their struggles. Read more
The largest oil spill in the country since 2006 prompted the government to impose a fishing ban that has pushed the industry toward debt and hunger. Read more
The support is a sweeping effort to deepen China’s relations with a continent seen as key to the Chinese leader’s geopolitical ambitions. Read more
Italian Prime Minister Giorgia Meloni once declared Italy's postal service a “crown jewel” that must stay in state hands, but she is now selling a stake as part of a privati... Read more