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Japan's real wages extend gains, consumer spending decline slows in April

Japan's real wages extend gains, consumer spending decline slows in April TOKYO, June 5 : Japan's real wages climbed 1.9 per cent in April from a year earlier, government data showed on Friday, marking a fourth consecutive monthly gain, as higher special payments boosted overall earnings and improved household purchasing power. Here are a few details: • The Bank of Japan, which will next review its interest rates on June 15 and 16, considers steady rises in wages and prices as a prerequisite...

Channel News Asia 5d ago

Unemployment falls to 2.32 million in May as employment hits record 22.3 million

With the start of the summer season, the labour market picks up: unemployment falls by 36,323 people and social security gains almost 232,000 members, with hospitality leading job creation. The labour market improved again in May, a month traditionally marked by the start of hiring for the summer season. The number of people registered with public employment offices fell by 36,323 compared with April, to 2.32 million, the lowest figure for a month of May since 2007, according to data...

Euronews 8d ago

Unemployment falls to lowest since May 2007 as employment hits record high in Spain

The start of the summer season boosts the labour market: jobless total falls by 36,323, Social Security gains nearly 232,000 members, with hospitality driving job creation. The labour market improved again in May, a month traditionally marked by the start of hiring linked to the summer season. The number of people registered with employment offices fell by 36,323 compared with April, to 2.32 million, the lowest figure for a month of May since 2007, according to data published on Tuesday by...

Euronews 8d ago

Swapan Dasgupta gets finance as West Bengal govt distributes portfolios

Newly sworn-in West Bengal ministers were allocated portfolios on Wednesday, with Swapan Dasgupta placed in charge of the finance department and Tapas Roy appointed as industries minister. Dasgupta was elected from the Rashbehari assembly constituency and is a former Rajya Sabha member. The allocation covered 13 Cabinet ministers and 22 ministers of state, including three with independent charge.

Times of India 12h ago

Australia faces proposed 12.5pc US tariff over forced labour crackdown

Australia faces proposed 12.5pc US tariff over forced labour crackdown Wed 3 Jun 2026 at 8:36pm In short: Australia could face a new 12.5 per cent US tariff under a Trump administration proposal targeting countries accused of failing to stop imports linked to forced labour. The Australian government says any tariffs on its exports are "unjustified" and inconsistent with the free trade agreement, adding it has world-leading laws to combat forced labour.

ABC Australia 7d ago

Singapore assessing impact as US proposes 12.5% tariffs over forced labour probe

Singapore assessing impact as US proposes 12.5% tariffs over forced labour probe The proposed tariff would cover about one-third of Singapore’s domestic exports to the US, says the Ministry of Trade and Industry. SINGAPORE: Singapore's Ministry of Trade and Industry (MTI) said on Thursday (Jun 4) that it is assessing the potential impact of Washington's proposed new tariffs on dozens of trading partners, while continuing to engage the Office of the United States Trade Representative (USTR)...

Channel News Asia 6d ago

Economy: why Poland is booming while eastern Germany falls behind

Eastern Germany risks falling behind, economists warn, while neighbours such as Poland are booming. What sets them apart, and what does the East need to turn things around? The 2026 Competitiveness Report for Eastern Germany warns this year that "the convergence process is in jeopardy".

Euronews 10d ago

North Korea needs China for survival: Why does Beijing need Pyongyang?

North Korea needs China for survival: Why does Beijing need Pyongyang? Chinese President Xi Jinping visits North Korea as Beijing aims to boost ties amid Pyongyang’s growing relations with Russia. China’s President Xi Jinping has arrived in Pyongyang on his first overseas trip this year as he aims to boost ties with North Korea, a reclusive nuclear-armed nation opposed to US military expansion in the Asia Pacific region.

Al Jazeera 2d ago

Newsletter: Keeping the Western Balkans’ EU dreams alive

In today's newsletter: European Council chief António Costa kicks off his Western Balkan tour; French President Emmanuel Macron condemns violence on French streets following Paris Saint-Germain's Champions League victory. Hello and welcome to Monday – I’m Mared Gwyn, bringing you this newsletter from Brussels. European Council chief António Costa kicks off his one-week tour of the Western Balkans in Bosnia & Herzegovina’s capital of Sarajevo this morning, before traveling through six...

Euronews 9d ago