Economy News

Economy

Japan's December Retail Sales Dip by 0.7%, Yet Annual Figures Show Promising Growth

Japan's retail trade fell by 0.7% in December to ¥16.1 trillion, yet annual sales increased by 3.7% to ¥57.2 trillion, with wholesale sales up 3.5% year-on-year.

Economy

Novartis Reports Stellar 15% Surge in Q4 Net Sales, Reaching $13.15 Billion

Novartis AG reported a 15% increase in Q4 net sales to $13.15 billion, with a 7% rise in net income to $2.82 billion. The company's full-year net sales reached $50.32 billion, up 1...

Economy

Trump Announces Sweeping 25% Tariffs on Mexico and Canada, Sparks Trade War Fears

President Trump announces 25% tariffs on imports from Mexico and Canada, effective February 1, prompting fears of a trade war. Both countries plan retaliatory measures, while Mexic...

Economy

Surge in Tokyo's Inflation Rate: A Closer Look at the 3.4% Jump

Tokyo's Ku-area sees an unexpected rise in inflation to 3.4% in January, up from 3% in December, with CPI figures excluding fresh food and energy also showing an increase. This ind...

Economy

Japan's December Retail Sales Dip 0.7%: A Sign of Economic Slowdown?

Japan's retail trade decreased by 0.7% in December, totaling ¥16.1 trillion, but annual sales grew by 3.7%. The wholesale industry saw a 3.5% increase in sales value.

Economy

Japan's Job Market Tightens Further: Unemployment Rate Drops to 2.4% in December

Japan's unemployment rate unexpectedly fell to 2.4% in December, signaling a tightening job market. The job-to-applicant ratio remained at 1.25, reflecting a robust demand for labo...

Economy

Tokyo's Inflation Surges to 3.4% in January, Exceeding Expectations

Tokyo's Ku-area experiences a rise in annual inflation to 3.4% in January, exceeding expectations. The CPI excluding fresh food and energy slightly increases, highlighting ongoing ...

Economy

Japan's Retail Sales Dip by 0.7% in December: A Sign of Economic Slowdown?

Japan's retail trade saw a 0.7% decrease in December, totaling ¥16.1 trillion, despite a 3.7% annual increase. The wholesale industry grew by 3.5%, indicating sector resilience ami...