The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.
Category: Economic Conditions and Trends
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In Nevada, Economy Tops Issues as Unemployment Remains High
The state is among a handful that will decide the presidential contest, and workers have felt increased prices at the grocery store and gas station.
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Dejected Social Media Users Call ‘Garbage Time’ Over China’s Ailing Economy
The sports term refers to a time during a game when defeat becomes inevitable. Officialdom is warning against using it to take veiled jabs at the country’s political and economic system.
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China Fines PwC $62 Million for Botching Its Work for Evergrande
The authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.
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Japan Tries to Reclaim Its Clout as a Global Tech Leader
Japanese chip companies are tapping billions of dollars and collaborating with foreign firms as part of new government policies that look outward.
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In Japan, the Era of ‘Free’ Mortgages Is Coming to an End
Homeowners are gearing up to pay more on their loans as the Bank of Japan’s rate increases signal the end of decades of ultralow interest rates.
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Why It’s So Hard for China to Fix Its Ailing Economy
A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world.
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Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
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Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole
Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.
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Global Trade Needs a China Alternative. India Needs Better Ports.
Efforts to build new ports and expand existing docks could determine whether India emerges as a legitimate option for global factory production.
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Businesses Are Already Girding for Next Phase of the U.S.-China Trade War
Alarmed by the prospect of increased tariffs on Chinese goods if Donald Trump is elected, some American companies are stockpiling parts and delaying expansions.
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U.K. Economy Buoyed by Reports on Growth, Inflation and Jobs
After ending last year in a recession, Britain’s economy has so far bounced back this year.