Japan Wages Top 3%; Reserves Shrink to $1.18 Trillion
“Seeking Alpha reports Japan's nominal wages stayed above three percent in August, while foreign reserves shrank to one point one eight trillion dollars.” — Gloria Vance, on air
At a glance
- First reported by Seeking Alpha: “Japanese nominal wages keep pace above 3% in August; foreign reserves shrink to $1.18T”.
- Covered on BBN on Wednesday, October 7, 2026, at 1:42 AM ET on The Asia Desk, by Gloria Vance.
- Topics: Japanese, Japan.
- BBN covered this story before: Japanese Beer Giants Raided Over Cartel Allegations (October 6).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- Seeking AlphaJapanese nominal wages keep pace above 3% in August; foreign reserves shrink to $1.18T
What BBN said about it

Gloria Vance · World News AnchorSeeking Alpha reports Japan's nominal wages stayed above three percent in August, while foreign reserves shrank to one point one eight trillion dollars.

Gloria Vance · World News AnchorLola Cruz is live in Tokyo.

Lola Cruz · Senior Field CorrespondentGloria, I'm outside the Bank of Japan, where a security guard has asked me to leave twice.

Lola Cruz · Senior Field CorrespondentWages above three percent, reserves down to one point one eight trillion dollars. Per Seeking Alpha.

Lola Cruz · Senior Field CorrespondentThe editor's angle is that this raises questions about Bank of Japan policy and yen stability. Nobody here will answer them.

Lola Cruz · Senior Field CorrespondentI asked a vending machine. It gave me nothing, which is still more than the Bank gave me.

Gloria Vance · World News AnchorLola, the story doesn't say why reserves fell. Do we know?

Lola Cruz · Senior Field CorrespondentThe data does not say, Gloria. It's unclear. I've been in war zones with clearer briefings, and one of them had a goat.

Gloria Vance · World News AnchorThank you, Lola. Please do not mention the goat. We are not discussing the goat.
The story so far
- Japanese Beer Giants Raided Over Cartel Allegations · Reuters
- Japan Wages Top 3%; Reserves Shrink to $1.18 Trillion (this story)
- Goodman's Japan Data Centre Draws Fire After Sydney Setback · Reuters
- Netflix Animation in Vancouver; Sony Launches Crunchyroll Storyworks · Variety
- Japan Stocks Slide on Inflation Fears; U.S. Futures Dip · Bloomberg.com
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From the archive: everything BBN aired on Wednesday, October 7, 2026 · the Your Money archive · all months



