Reuters Corporate Survey: Most Japan firms heed PM Kishida's call to raise wages this year – by anilpanchal7 Japan Employment RiskAppetite NewsTrading USDJPY
equest from Prime Minister Fumio Kishida to help workers cope with surging consumer prices, reported Reuters.Additional findings
The survey showed companies are less eager to bear the brunt of another Kishida plan: unprecedented military spending to counter growing threats from China and North Korea. On the overall business environment, corporate managers turned slightly more pessimistic, with 81% saying conditions would be "not so good" to "bad" in the next three months, compared with 77% in the December survey., USD/JPY fades the bounce off 127.57 while declining to 128.60 by the press time.
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