Rising salaries a welcome sign for industrial world
Pick-up appears to indicate that the world economy is on the mend and primed for potentially faster growth
Washington
BANK of Japan governor Haruhiko Kuroda is finally getting a pay raise - and so, too, are a growing number of workers throughout the industrial world.
Wages are beginning to climb in the US, Japan, the UK and Germany as tightening job markets force employers to pay workers more. That's good news for households already benefiting from a steep fall in oil prices.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations