TM - Driving Change: Toyota Reportedly Gives Green Light To Higher Wages | Benzinga
Toyota Motor Corp (NYSE:TM) has reportedly honored its labor union’s requests for salary and bonus increases for the fourth consecutive year, indicating a potential sustainable wage-price cycle in Japan’s economy.
The agreement with its unions, announced on Wednesday, led to a surge in the yen and a drop in government bond futures, hinting at anticipation of actions by the Bank of Japan, according to a report ...