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Japan-listed Kioxia shares extended losses, down 12%.
2026-07-07
Japan-listed Kioxia shares extended losses, down 12%.
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2026-07-07
Japan's real wages rose 1.4% YoY in May, the fifth straight monthly increase, but slowed from April's revised 2.0% as consumer inflation accelerated. Nominal average cash earnings climbed 3.2% YoY to ¥311,165 (≈$1,918), below April's revised 3.6% gai
Japan's real wages rose 1.4% YoY in May, the fifth straight monthly increase, but slowed from April's revised 2.0% as consumer inflation accelerated. Nominal average cash earnings climbed 3.2% YoY to ¥311,165 (≈$1,918), below April's revised 3.6% gain. Regular wages rose 3.0% YoY (April revised 3.3%); overtime pay rose 2.9% (April revised 4.8%). The impact of the Iran war is beginning to feed into consumer prices; together with yen weakness and earlier energy-driven price rises, living costs may continue to rise. The Bank of Japan raised rates last month to a 31-year high and reiterated that sustained wage and price increases are a precondition for further tightening.
2026-07-06
Canada's national economic confidence index as of July 3 was 51.2, compared to 50.9 previously.
Canada's national economic confidence index as of July 3 was 51.2, compared to 50.9 previously.
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