Japan's Kishida urges companies to give wage hikes that exceed inflation
Wednesday, January 4, 2023
© Reuters. FILE PHOTO: Japan's Prime Minister Fumio Kishida delivers a speech during a ceremony marking the end of trading in 2022 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 30, 2022. REUTERS/Issei Kato TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida on Wednesday urged companies to increase wages faster than the rate of inflation.
"In the past 30 years, wages did not rise much despite robust corporate profits. Corporate wealth did not trickle down (to households)," Kishida said in a news conference.
"I would like to create an economic structure in which wages rise every year," he said.
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24-03-2023 23:40:09 (UTC+7)
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| EUR/USD | 1.0753 | Neutral | |||
| GBP/USD | 1.2224 | ↑ Buy | |||
| USD/JPY | 130.76 | ↑ Buy | |||
| AUD/USD | 0.6639 | Buy | |||
| USD/CAD | 1.3756 | ↑ Sell | |||
| EUR/JPY | 140.60 | ↑ Buy | |||
| EUR/CHF | 0.9872 | Neutral |
| Gold | 1,986.45 | ↑ Sell | |||
| Silver | 23.295 | ↑ Sell | |||
| Copper | 4.0605 | ↑ Sell | |||
| Crude Oil WTI | 68.76 | ↑ Buy | |||
| Brent Oil | 74.55 | ↑ Buy | |||
| Natural Gas | 2.217 | ↑ Buy | |||
| US Coffee C | 179.05 | Neutral |
| Euro Stoxx 50 | 4,130.75 | ↑ Buy | |||
| S&P 500 | 3,941.93 | ↑ Buy | |||
| DAX | 14,956.85 | ↑ Buy | |||
| FTSE 100 | 7,405.89 | ↑ Buy | |||
| Hang Seng | 19,915.68 | Sell | |||
| Small Cap 2000 | 1,729.40 | ↑ Buy | |||
| IBEX 35 | 8,797.34 | ↑ Buy |
| BASF | 45.865 | ↑ Buy | |||
| Bayer | 55.52 | Neutral | |||
| Allianz | 204.90 | ↑ Buy | |||
| Adidas | 140.90 | ↑ Buy | |||
| Lufthansa | 9.355 | ↑ Sell | |||
| Siemens AG | 140.35 | ↑ Buy | |||
| Deutsche Bank AG | 8.528 | ↑ Sell |
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|---|---|---|---|
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| Brent | $74.20 | +0.89 | 1.19% |
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