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Japan Inc Is Finally Giving Raises, Just Not To Everyone

Homeowners in Japan now facing an unfamiliar headache: higher mortgages

Homeowners in Japan now facing an unfamiliar headache: higher mortgages
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Japanese homeowners face an unfamiliar headache: higher mortgages

"It's kind of obvious that I'm going to end up paying more." The Bank of Japan whipsawed global financial markets when it said on Tuesday it would allow rates to rise a little more, signalling a potential end to ultra-low rates and easy money after decades of trying to revive the world's No.3 economy. Like Nakamura, many Japanese fear they may eventually start paying more for mortgages.

Japanese Homeowners Face An Unfamiliar Headache: Higher Mortgages

When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an assurance from the real estate agent that rates weren t going anywhere.

Japan extends long trade deficit run, slow Chinese demand stokes worry

By Tetsushi Kajimoto and Mariko Katsumura TOKYO (Reuters) -Japan logged a trade deficit for a 16th straight month in November as imports surged to a record level, while subdued growth in exports to China fanned concern about how COVID disruptions there could impact other economies. The trade deficit came in at 2 trillion yen ($14.8

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