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21 Mar 2025

Japan Rengo's second-round wage hike agreed at 5.4%

Japan's largest trade union group’s, Rengo, second-round data of annual labor talk (Shunto) results showed Japanese firms agreed to raise pay by 5.4% this year.

The data is lower than the first-round results, which showed an average wage hike of 5.46% for fiscal 2025, higher than last year's average of 5.1%.

The reading exceeded 5% for the second straight year.

Mar 21, 2025

Pound Sterling corrects further against US Dollar as Fed maintains restrictive policy stance

The Pound Sterling (GBP) extends correction to near 1.2920 against the US Dollar (USD) in European trading hours on Friday.
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Mar 21, 2025

Crude oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session.
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