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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

Large Japanese companies are set to boost winter bonuses by an average 5.8 per cent this year, the most since 2008, after lifting summer payouts by 7.2 per cent.


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...