Japan's big manufacturers signal tentative willingness on wage hikes

Newswire

By Yoko Kubota and Maki Shiraki TOKYO, Oct 30 (Reuters) - Japan's big manufacturers, under pressure from Prime Minister Shinzo Abe to boost wages and create a "virtuous cycle" of growth to defeat deflation, are showing signs they are willing to raise workers' pay. Abe's reflationary policies to stimulate spending and investment have boosted the fortunes of many corporations in Japan, which is now the fastest growing of the G7 rich nations. ...

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