Japan wages are expected to see their biggest rise in 31 years ...Middle East

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Reuters add more on expectations for big wage rises coming in Japan. Annual wage talks with unions wrap up on March 13. Economists see the wage negotiations resulting in an average increase of around 3.9% in annual pay for union workers at major firms. That would be the biggest rise in 31 years and heighten expectations the BOJ would end negative interest rates by April. The central bank has long contended that robust wage growth was a prerequisite for rolling back more than a decade of a radical monetary experiment that has aimed to lift Japan out of a protracted cycle of deflation and economic stagnation. "This year, big firms will probably offer wage hikes of near 4%, which should prompt

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