On Wednesday, Kyodo news reported that Toyota Motor, during the second round of pay talks, did not respond to the trade union’s wage demands. For the…
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With the annual meeting of China’s parliament looming next month, its leaders face unprecedented pressure to make decisive policy choices. These decisions must not only address…
On Wednesday, Toyota Motor (7203.T), the world’s largest automaker, refrained from responding to its union’s request for substantial pay raises and record bonuses. This lack of…
On Tuesday, China announced its largest-ever reduction in the benchmark mortgage rate. Authorities took this step to support the country’s struggling property market and economy. The…