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Japanese workers’ pay jumps as bonuses pick up

Bloomberg Pay for Japanese workers showed the strongest gains this year in August, according to data from the labour ministry. It’s welcome news for economic policy makers in Tokyo who are struggling to spur sustained inflation in the world’s third-largest economy. Monthly cash earnings increased 0.9 percent from a year earlier, the largest amount in more than a year, and ...

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Australia asks what if India is the next China!

Mumbai skyline

Bloomberg India has the potential to boost consumption of everything from copper to iron ore as its economy expands over the next two decades and more people flock to its cities, according to projections from the Australian government that try to fathom whether the country will emulate China. “Like China since the start of this century, India is in the ...

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Sprint, T-Mobile all set for merger

T mobile usa and sprint corp merger talks

Bloomberg Sprint Corp. and T-Mobile US Inc. are putting the finishing touches on a merger that’s likely to be announced when the wireless carriers report quarterly earnings at the end of October, according to people familiar with the matter. Both sides are conducting final due diligence to decide on the exchange ratio that will determine Sprint’s valuation, said the people, ...

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