Toyota holds off response on wage talks after first round ...Middle East

Toyota Motor, the world's biggest automaker, did not reach an immediate agreement with its union over demands for hefty pay hikes on Wednesday but will continue talks in coming days, raising doubts about current expectations for wage talks. Toyota has long served as the pace-setter for Japan's annual spring labour-management wage offensive, and had accepted the union's demand in full on the first day of the annual wage negotiations in the past two years.

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