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In recent years, Japan’s demographic challenges have painted a strikingly different picture compared to many countries grappling with housing shortages. This disparity has resulted in an oversupply of properties, commonly referred to as “akiyas,” or abandoned houses, with over nine million of them dotting the landscape. Anton Wormann, a 32-year-old Swede, found himself drawn into
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On a recent Monday, Federal Reserve Governor Christopher Waller shared insights suggesting a more tempered approach to future interest rate cuts. His comments reflect a growing concern regarding the resilience of the U.S. economy, which may be outpacing desired inflation and growth targets. This perspective emerges in light of various economic indicators, prompting a re-evaluation
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Seven & i Holdings, the Japanese convenience retail powerhouse known for its iconic 7-Eleven stores, is currently navigating turbulent waters. Recent announcements regarding slashed profit forecasts and significant restructuring plans highlight the challenges the company faces in a competitive market. This article dissects the factors behind these shifting fortunes, including changes in customer behavior, external
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As China grapples with a sluggish economy, the focus turns to the upcoming press conference by Finance Minister Lan Fo’an, scheduled for Saturday. Analysts have united in highlighting the urgent need for fiscal measures to invigorate the economy, but as of now, details on specific plans remain elusive. The growing discourse surrounding fiscal stimulus underscores