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May 16, 2024
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0ur asia business reporter mariko 0i explains. it boils down to the purchasing power of mr and mrs watanabe, as some economists like to call it — watanabe being a very common family name injapan. basically, it is about private consumption which accounts for more than half of the economy, and that fell by 0.7% in the first three months of this year, which is much worse than expected. but if i honest i'm not surprised at all because 95% of the messages i received from my own mother who lives in tokyo is about how things are getting so much more expensive. inflation injapan is nothing compared to the rest of the world but of course japan had decades of no inflation or even deflation where prices fall, and authorities have been desperate for prices to rise, but ordinary consumers just not are used to it and while wages have risen a bit after decades of no pay rise, wages adjusted for inflation, that has been falling for some two years. and of course the weakness of the japanese yen does not help because it makes imported products li
0ur asia business reporter mariko 0i explains. it boils down to the purchasing power of mr and mrs watanabe, as some economists like to call it — watanabe being a very common family name injapan. basically, it is about private consumption which accounts for more than half of the economy, and that fell by 0.7% in the first three months of this year, which is much worse than expected. but if i honest i'm not surprised at all because 95% of the messages i received from my own mother who lives in...
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May 29, 2024
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i�*m mariko 0i. to our top story this morning — the australian mining giant bhp has scrapped its $49 billion offer to buy its british rival, anglo american. its decision came after anglo american rejected a request to extend a deal—making deadline. bhp had been particularly attracted to the uk mining giant�*s copper assets — which, thanks to its mines in south america — would have given a combined company control of roughly 10% of global supply. another sticking point was reaching an agreement on job security for more than 40,000 south african miners employed by anglo american.
i�*m mariko 0i. to our top story this morning — the australian mining giant bhp has scrapped its $49 billion offer to buy its british rival, anglo american. its decision came after anglo american rejected a request to extend a deal—making deadline. bhp had been particularly attracted to the uk mining giant�*s copper assets — which, thanks to its mines in south america — would have given a combined company control of roughly 10% of global supply. another sticking point was reaching...
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May 16, 2024
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mariko 0i in singapore is looking at the numbers for us. talk us through the challenges? it basically boils down to the purchasing power of mr and mrs walter nabi as some economists would like to call them, that being a very common family name injapan, it is about private consumption accounting for half of the economy and that felt like zero .7% in the first months of this year much worse than accepted, if i'm honest i'm not surprised because of that 95% of the messages i received from my mother who lives in tokyo is about how things are getting so much more expensive. inflation injapan expensive. inflation in japan is expensive. inflation injapan is nothing compared to the rest of the world but japan had decades of no inflation or even deflation when the prices fell, and authorities have been desperate to have prices rise copy ordinary consumers just are not used to it by wages have risen bit after decades of no pay rise, wages are adjusted to inflation that has been falling for two years and the weakness of the japanese yen does not help because it makes imported produc
mariko 0i in singapore is looking at the numbers for us. talk us through the challenges? it basically boils down to the purchasing power of mr and mrs walter nabi as some economists would like to call them, that being a very common family name injapan, it is about private consumption accounting for half of the economy and that felt like zero .7% in the first months of this year much worse than accepted, if i'm honest i'm not surprised because of that 95% of the messages i received from my...
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May 30, 2024
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i'm mariko 0i. to our top story this morning — the australian mining giant, bhp, has scrapped its $49 billion offer to buy its british rival, its british rival anglo american. its decision came after anglo american rejected a request to extend a deal—making deadline. bhp had been particularly attracted to the uk mining giant's copper assets — which, thanks to its mines in south america — would have given a combined company control of roughly 10% of global supply. another sticking point was reaching an agreement on job security for more than 40,000 south african miners employed by anglo american. in a statement, bhp ceo mike henry said their proposal was the most effective structure to deliver
i'm mariko 0i. to our top story this morning — the australian mining giant, bhp, has scrapped its $49 billion offer to buy its british rival, its british rival anglo american. its decision came after anglo american rejected a request to extend a deal—making deadline. bhp had been particularly attracted to the uk mining giant's copper assets — which, thanks to its mines in south america — would have given a combined company control of roughly 10% of global supply. another sticking point...
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May 30, 2024
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reporting live from singapore, i'm mariko 0i. the headlines... jurors in the donald trump hush—money trial begin day one of their deliberations. mother teresa could not be these — mother teresa could not be these charges. _ mother teresa could not be these charges. this - mother teresa could not be these charges. this whole i mother teresa could not be - these charges. this whole thing is rigged — these charges. this whole thing is rigged the _ these charges. this whole thing is rigged. the whole _ these charges. this whole thing is rigged. the whole country- these charges. this whole thing is rigged. the whole country isl is rigged. the whole country is a mess— is rigged. the whole country is a mess between— is rigged. the whole country is a mess between the _ is rigged. the whole country is a mess between the borders i is rigged. the whole country is i a mess between the borders and the fake — a mess between the borders and the fake election. _ a mess between the borders and the fake election. and _ a mess between the borders and th
reporting live from singapore, i'm mariko 0i. the headlines... jurors in the donald trump hush—money trial begin day one of their deliberations. mother teresa could not be these — mother teresa could not be these charges. _ mother teresa could not be these charges. this - mother teresa could not be these charges. this whole i mother teresa could not be - these charges. this whole thing is rigged — these charges. this whole thing is rigged the _ these charges. this whole thing is rigged....