The Latest Breaking News from Rengo

Eyes On Bank Of Japan As Unions Announce Wage Hikes

The results of key wage hike negotiations in Japan will be announced Friday, with a win for workers expected to set the stage for a hotly anticipated shift away from the central bank's ultra-loose monetary policy.

International Business Times · Mar 15, 2024

Japan’s workers get rare pay bump after decades without a raise

Japanese employees earn only three-quarters as much as developed-country peers over 30 years after asset bubble burst.

Al Jazeera · Jul 18, 2023

Analysis-As inflation bites, Japan's PM finds unlikely ally in labour unions

As Japan faces its first major battle with inflation in decades, Prime Minister Fumio Kishida is extending a rare olive branch to labour unions, who he sees as crucial to his wider push to boost household wealth.

Reuters · Aug 4, 2022