Japan’s Economy Likely Shrank in Summer as Recovery Sputters

Economy News

The Japanese economy is expected to have contracted during the summer months as the recovery process slows down. Australian consumer sentiment also declines following the rate hike by the Reserve Bank of Australia. EU ministers will discuss providing continued assistance to Kyiv. The US carries out strikes on Iran-linked targets in eastern Syria. China's property debt contagion is highlighted by the volatility of Vanke bonds. Private equity firms face difficulties in China after a massive betting spree. A fake BlackRock fund filing briefly boosts the XRP cryptocurrency. Asia's aging soldiers lead US allies to expand their recruitment efforts. Blue Owl and Oaktree-linked funds squeeze in pre-CPI bond sales. Ottawa extends the deadline for underused housing tax. Surveys show that women are less likely than men to request a raise or negotiate their salary. Many Canadians are facing financial stress and are close to being broke. Canadian tech workers earn 46% less than their US counterparts.