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  • Reuters

    Japan PM vows to ensure workers' wage hikes to guard against global inflation

    Japanese Prime Minister Fumio Kishida vowed on Monday to ensure workers' wage hikes through tax breaks to protect the economy from the impact of rising global inflation and to achieve a virtuous cycle of economic growth and wealth distribution. Kishida made the pledge on the opening day of parliament's extra session convened to debate a supplementary budget with a record 36 trillion yen ($318 billion) in spending to cushion the blow from the COVID-19 pandemic. Wage hikes hold the key to the premier's aim of defeating deflation by reversing a cycle of tame wage growth and weak consumer spending while encouraging Japanese firms to spend their record cash piles on boosting wages and investment.

  • Bloomberg

    Stocks Steady After U.S. Futures Rise; Bonds Slip: Markets Wrap

    (Bloomberg) -- Stocks and futures showed a degree of stabilization in Asia Monday with investors weighing the latest on the omicron variant and the regulatory outlook for Chinese technology companies. Treasuries pared some of Friday’s rally.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsU.S. futures pushed higher while benchmarks saw modest declines in Japan and Australia.

  • PR Newswire

    PLDT, Smart launch campaign with int'l, local experts on cell sites safety

    PLDT and its wireless arm Smart Communications, Inc. (Smart) are working with international and local experts to help educate customers about the safety of cell sites, and the important role of speeding up PLDT and Smart's network expansion efforts across the country in improving customer experience.