Japan kicks off spring wage talks, smaller firms in focus
By Makiko Yamazaki TOKYO (Reuters) – Japan’s biggest business lobby Keidanren and trade unions kicked off annual labour talks on Wednesday that are likely to lead to another year of bumper wage hikes, though policymakers will be mainly focused on how
Japan wage growth gathers steam as reluctant retailers raise pay
By Makiko Yamazaki and Kentaro Sugiyama TOKYO (Reuters) – Japan’s retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning squeezed profits for companies, more spending money for workers, and
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
(Reuters) – TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth, the Financial Times reported on Tuesday, citing people familiar with the matter. This move comes
Asia investor optimism dwindles on US policy uncertainty, China’s struggles- BofA
Investing.com– Investor sentiment in Asia has dampened as markets seek clarity on Donald Trump’s administration policies and navigate China’s uneven economic recovery, according to Bank of America’s (BofA) latest Asia Fund Manager Survey. Conducted from January 10-16, 2025, the survey gathered