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Service sector performance

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

by Ron Morgan
Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump

A worker of Japanese automobile giant Toyota Motor assembles auto parts to newly designed Crown at the company’s Motomachi plant in Toyota city near Nagoya, central Japan on July 30, …

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Bank of Japan debated prospects of sustained inflation at July meeting

by Walter Watson
Bank of Japan debated prospects of sustained inflation at July meeting

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan debated growing prospects of sustained inflation at their July meeting with …

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