Japan wage growth gathers steam as reluctant retailers raise pay
Japan's retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning
Staff Writer
Japan's retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning
The Group of Seven (G7) bloc of wealthy democracies risks eroding its relevance as a force to tackle major geopolitical crises
Japanese authorities could intervene in the currency market any time as recent yen declines are excessive and out of line with fundamentals, ruling party
Japan's ruling party is not yet in active discussion on what yen levels would be deemed worth intervening in the market, though the currency's
Private-sector members of a key government panel on Friday urged the Bank of Japan to be vigilant to the risk of sharp declines in the yen
Top Japanese companies agreed to wage increases of an average 5.58% at annual labour talks that wrapped up in March, the Keidanren business lobby's preliminary
Japanese Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday authorities would respond appropriately to excessive currency volatility,
Broadening pay hikes among smaller firms is crucial, said Japan's top government spokesperson, Yoshimasa Hayashi, underscoring the
Japan's former environment minister and leading prime ministerial candidate, Shinjiro Koizumi, said on Friday he would call a snap election "at
At least two candidates vying to become Japan's next prime minister are planning to tackle one of the country's most sacred political cows:
Prime Minister Shigeru Ishiba said Japan is not in an environment for an additional rate increase, in an apparent effort to shake off his reputation as
Japan's largest labour union group said on Friday it will seek wage hikes of at least 5% in 2025, similar to this year's hefty increase,
Japan's small firms are spending far more of their profits on wages than their bigger counterparts and could struggle to keep
The Bank of Japan will debate whether to raise interest rates next week, Governor Kazuo Ueda said on Wednesday, signalling its intention to take
Large Japanese firms are likely to increase wages by about 5% on average in 2025, the same as last year, the chair of a major business lobby
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