Japan PM Abe urges firms to raise wages by 3% or more

December 26, 2017 1:30 PM

TOKYO (REUTERS) – Japanese Prime Minister Shinzo Abe on Tuesday (Dec 26) urged companies to raise wages by 3 per cent or more next year, keeping up pressure on firms to spend their huge cash piles on wages to broaden the benefits of his “Abenomics”stimulus policies.

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