Japan's Unions Ask for Wage Hikes on Back of Abenomics Stimulus

Newswire

By Yuka Obayashi TOKYO, Feb 7 (Reuters) - A trade union has demanded Japan's largest steelmaker, Nippon Steel & Sumitomo Metal Corp, hike basic wages for the first time in 14 years and share the profits generated by the government's "Abenomics" stimulus policies. Japan's annual wage negotiations that started on Friday are being watched closely as an indicator of whether Prime Minister Shinzo Abe's push to end almost two decades of stagnant economic growth and ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Dec 6, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×