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March 13, 2024
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...
March 13, 2024
Some of Japans biggest companies are expected to formally offer sizeable pay increases at annual talks with unions that wrap up on Wednesday, clearing the way for the central bank to end negative...
March 13, 2024
Toyota Motor Corp has agreed to fully meet its unions request for annual pay increases, the Mainichi newspaper said on Wednesday, as top Japanese companies look likely to offer sizeable salary hikes...
February 28, 2024
A corporate governance makeover has helped fuel the revival of Japans once-moribund stock market. Now investors want to see if the change is for real. The Nikkei index shattered its...
February 28, 2024
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.
February 22, 2024
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...
February 22, 2024
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...
February 22, 2024
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...
February 22, 2024
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 ...
February 21, 2024
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...