Japan's Wages and Consumer Spending Decline, Goldman Sachs Economist Leaves, Blackstone Expects India and Japan Activity

Japan's wages and consumer spending continue to decline, putting pressure on labor groups to demand higher wage increases. Goldman Sachs' chief Japan economist is leaving the firm, and Blackstone expects India and Japan to be its most active markets in Asia next year. Japan's service activity expanded at the slowest pace this year, raising concerns about the sector's softening.