Bank of England (BoE) policymaker Swati Dhingra is testifying on the May Monetary Policy Report (MPR) before the UK Parliament’s Treasury Select Committee (TSC) on…
The Australian Dollar holds ground as the US Dollar weakened following softer-than-expected US inflation data. Australia’s Wage Price Index rose by 0.9% QoQ in Q1,…
Japan Prime Minister (PM) Shigeru Ishiba said on Tuesday that “we need to achieve wage gains that exceed pace of inflation, which is imminent task…
The Bank of Japan (BoJ) new board member Junko Koeda said on Wednesday, “we are seeing signs of progress on rising prices alongside wage hikes.” Additional…
Japan’s largest trade union group’s, Rengo, second-round data of annual labor talk (Shunto) results showed Japanese firms agreed to raise pay by 5.4% this year.…
Japan’s largest trade union group, Rengo’s first-round data shows an average wage hike of 5.46% for fiscal 2025, compared to the demand of a 6.09%…
Japan’s largest companies are expected to offer substantial wage hikes for a third consecutive year, helping workers cope with inflation and retain staff amid labour…
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Monday, “It’s not only big firms, also hearing small…