Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News  >  Business Leaders  >  All news

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Birthday : 08/30/1930
Place of birth : Omaha (Omaha) - USA
Biography : Mr. Warren E. Buffett is Chairman & Chief Executive Officer at Berkshire Hathaway Assurance Corp., C
The feature you requested does not exist. However, we suggest the following feature:

Japan wages rise in July, seen in steady uptrend -govt

09/03/2015 | 09:32pm US/Eastern

Japan's inflation-adjusted real wages rose in July from a year earlier, up for the first time in 27 months, and nominal wages bounced from the prior month's drop, government data showed on Friday, in a sign of gradual pick-up in pay.

Real wages rose an annual 0.3 percent in July, the first increase since April 2013.

The data should be welcome news for policymakers struggling to sustain a virtuous cycle of rising corporate profits leading to a boost in household spending through higher wages.

Total cash earnings rose 0.6 percent in the year to July to 367,551 yen ($3,055), after plunging in June, which the labour ministry blamed in part on some firms delaying summer bonus payments.

Japanese companies, particularly small firms, have been reluctant to raise wages substantially to avoid increases in fixed labour costs.

Wage gains were lagging behind price hikes in recent years, causing real wages to slide and eroding households' purchasing power.

"July data showed a steady increase in regular pay, and summer bonuses appear to be solid. As such, we see nominal wages in an uptrend," said a labour ministry official.

Regular pay, which determines base salaries, rose an annual 0.6 percent, up for a fifth straight month and the biggest gain since November 2005.

Overtime pay, a barometer of strength in corporate activity, rose an annual 0.6 percent in July, while bonus payments increased 0.3 percent.

(Reporting by Tetsushi Kajimoto; Editing by Richard Borsuk)

React to this article
Latest news about Warren Buffett 
08/29 WARREN BUFFETT : Buffett's Berkshire takes $4.48 billion stake in Phillips 66
08/14 WARREN BUFFETT : Buffett's Berkshire Hathaway hints at new purchase, ups Charter stake
08/10 WARREN BUFFETT : Buffett bets Precision can deliver long-term as aircraft sales grow
08/09DJWARREN BUFFETT : Buffett May Bet Aerospace Boom Lifts a Precision Deal
08/09DJWARREN BUFFETT : Buffett's Latest Target, Precision Castparts, Is Led by a Dealmaker
08/08DJWARREN BUFFETT : Warren Buffett May Bet on Aerospace Boom to Lift a Precision Castparts Deal -- Update
08/08DJWARREN BUFFETT : Warren Buffett May Bet on Aerospace Boom to Lift a Precision Castparts Deal
07/21 WARREN BUFFETT : Buffett says reports that he bought Greek island 'a total fabrication'
07/14 WARREN BUFFETT : Buffett may benefit as train lobby bids to weaken safety rule
07/06 WARREN BUFFETT : Buffett donates record $2.84 billion to Gates, family charities
07/02 WARREN BUFFETT : Heinz completes Kraft purchase, Buffett joins board
06/15 WARREN BUFFETT : Buffett's Berkshire Hathaway takes $388 million stake in Australia's IAG
06/06 WARREN BUFFETT : Lunch with Warren Buffett auctioned for $2.35 million
06/03DJWARREN BUFFETT : Buffett-Backed BYD Co. to Raise up to CNY15 Billion in Share Placement
06/01DJWARREN BUFFETT : Warren Buffett's NetJets Gets a New Captain
1  2  3  4  5  6  7  8  9  10Next

Advertisement
Most Read News 
08/28 RUPERT MURDOCH : Prosecutor seeks to summon Murdoch in Deutsche Bank trial
08/29 WARREN BUFFETT : Buffett's Berkshire takes $4.48 billion stake in Phillips 66
08/28DJCHARLES SCHWAB : Charles Schwab Says Sites Back Up After Outages
08/30 DANIEL LOEB : Third Point's Loeb says Suzuki should cancel shares it buys back from VW
08/30DJOSAMU SUZUKI : VW Is Told to Shed Suzuki Stake
08/31 SERGIO MARCHIONNE : Fiat Chrysler's Marchionne says 'unconscionable' to give up on GM deal
09/01DJMARISSA MAYER : Yahoo CEO Marissa Mayer Expecting Twin Girls
More news

Popular Business Leaders 
William Ackman Ernesto Bertarelli Vincent Bolloré Martin Bouygues Richard Branson Sergey Brin Warren Buffett Jean-claude Decaux David Einhorn Larry Ellison Charles Ergen Carl Icahn Li Ka-shing Kirk Kerkorian Maurice Lévy Lakshmi Mittal Rupert Murdoch Larry Page John Paulson Nelson Peltz François-henri Pinault Ferdinand Piëch Wilbur Ross Howard Schultz Carlos Slim George Soros Ratan Tata Donald Trump Alain Weill Guy Wyser-pratte
A-Z Business Leaders