Japanese PM Takaichi says it is vital to spread wage hike momentum to SMEs
The comment from PM Takaichi emphasizes the importance of extending wage increases beyond large corporations to small and medium-sized enterprises (SMEs) in Japan.
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Japanese PM Takaichi says it is vital to spread wage hike momentum to SMEs
Laguardia Airport official says the airport will be shut until at least 14:00 EDT / 18:00 GMT, via Bloomberg
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This reflects a focus on enhancing domestic consumption and potentially signals a shift in economic policy aiming at inclusive growth. Mercifully, it may also have positive implications for commodities, particularly metals, which can benefit from increased demand linked to rising wages and consumption.
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