Stock Groups

Japan PM Kishida urges companies to raise wages by 3% or more -Breaking

TOKYO (Reuters), Fumio Kirishida, Japan’s Prime Minister, urged Friday companies whose earnings had recovered from the 2008 pandemic that they raise their wages at labour negotiations next spring. This is to ensure a virtuous cycle in growth and wealth distribution.

Kishida said to the “new capitalism panel” meeting that the government will take steps to help encourage businesses to reverse the trend towards smaller wage increases.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. Because prices might not reflect the market, they may be incorrect. This means that prices cannot be considered indicative and are inappropriate for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.