In October, Japan will face a fresh round of price increases and tax-related rule changes.

A new wave of price hikes on food and services is scheduled for October, further squeezing the budgets of Japanese households, while freelancers and the self-employed may have to endure higher tax burdens under a new invoice system.

The persistent effects of a weaker yen, which inflates...

Fed Minutes predict a 'soon' slowdown in interest rate hikes and a 'likely' recession in 2023

According to meeting minutes disclosed Wednesday, Federal Reserve officials agreed in November that they would need to halt the pace of interest rate rises shortly.

While noting that inflation had not yet showed significant indications of abating, the minutes stated that "a strong ...

IT COMPANIES GAVE HIKES AFTER DELAYS

Highlights:

• The second round of salary hike and promotions has started in many IT companies after months of the previous one. 
• Last year’s salary increment was downturn due to loss in businesses at the time of the pandemic.