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Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc's big pay bump

TOKYO (Reuters) -Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening expectations that bumper pay raises will give the central bank leeway to make a key policy shift next week. Toyota, Panasonic, Nippon Steel and Nissan were among some of Japan Inc's biggest names that agreed to fully meet union demands for pay increases at annual wage negotiations that wrap on Wednesday. The talks, long a defining feature of the usually collaborati...
Satoshi Sugiyama Daniel Leussink Maki Shiraki Yoshimasa Hayashi Tetsushi Kajimoto Shri Navaratnam
Source: yahoo.com

Analysis-After Nikkei's record run, investors want to know if Japan has changed for real

A corporate governance makeover has helped fuel the revival of Japan's once-moribund stock market. The Nikkei index shattered its all-time high last week, topping a level not seen since the December 1989 asset bubble - and continues to gain ground. Overseas investors have been responsible for much of the buying.
South Korea Ken Shibusawa Sonali Paul Naka Matsuzawa Ilan Furman Mike Allen
Source: yahoo.com

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Nomura traders burst into applause as Nikkei hits record high

Applause rang out across a Tokyo trading room floor on Thursday as Japanese stocks hit their highest level ever, topping a record set during the 1980s bubble economy and long seen as unbreakable.Some 20 traders at brokerage Nomura's Tokyo trading floor were on their feet moments after the midday break, and as the Nikkei share index broke through its all-time record high of 38,957.44, set in December 1989.The board in front of them flashed the new record of 39,029 that the index touched at 1...
David Dolan Anton Bridge Chang Ran Kim Record Set Bubble Economy Okyo Trading Floor
Source: yahoo.com

Analysis-As Tokyo stocks rally, many Japanese find themselves left behind

For Takashi Karube and many Japanese like him, the Tokyo stock rally has been little to cheer about. The Nikkei stock index hit its highest ever on Thursday, surpassing a record set in December 1989 and marking a once-unthinkable recovery for a market that spent much of the last three decades mired in malaise. Rather than the flashy spending and bottomless optimism of the bubble years, the 34-year-old Karube, born just two months after the stock market's 1989 peak, grew up with frugality ...
Sachio Kuroshima Makiko Yamazaki Fumio Kishida Tohru Sasaki Hiroyuki Saito Yui Iwatsuki
Source: yahoo.com

Half of Japanese firms see another Trump presidency as risk, Reuters poll shows

TOKYO (Reuters) -Roughly half of Japanese firms see another Donald Trump presidency as a potential risk to business, with the prospect of increased protectionism the leading cause for concern, a Reuters survey showed on Thursday. Corporate Japan remains downbeat on China, with more than half at least somewhat pessimistic on the Chinese market over the next five years, the survey showed. Former President Trump has promised to block the proposed takeover of United States Steel by Nippon Steel sh...
United States Donald Trump David Dolan Sharon Singleton Nikkei Research President Trump
Source: yahoo.com

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