TOKYO Workers at Japan's small and midsize manufacturers won wage increases averaging 4.12% this year, the highest ever, as the ripple effect of wage hikes…
(Bloomberg) Japan is about to see whether wage hikes will be strong enough to prompt the central bank to conduct its first interest rate hike since 2007 as early as next week, a move that would influence prices on everything from financial assets to mortgages to daily necessities.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryChina Has Never Canceled This Many Shipments of US WheatOne of t
Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Toyota, the world s biggest carmaker and traditionally a bellwether of the annual talks, said it agreed to the demands of monthly pay increases of as much as 28,440 yen (USD 193) and record bonus payments. Keeping with past practice, the company did not provide a percentage figure for the salary rise.