Jan 27, 2015

Toyota to change age-based pay scale

Toyota Motor Corp. plans to change its seniority-based pay structure for workers in Japan that will erase salary gaps between age groups, the company’s human resources chief said on Tuesday. The carmaker will consider introducing performance pay for younger employees and wants to tie ...

Full text of Obama's State of the Union address

Jan 21, 2015

Full text of Obama's State of the Union address

The full text of President Barack Obama’s State of the Union address Tuesday night, as prepared for delivery and provided by the White House: Mr. Speaker, Mr. Vice President, members of Congress, my fellow Americans: We are 15 years into this new century. Fifteen ...

Key quotes from Obama's State of the Union address

Jan 21, 2015

Key quotes from Obama's State of the Union address

The following are key quotes from U.S. President Barack Obama’s State of the Union address on Tuesday: Economy Turning the page “We are 15 years into this new century. Fifteen years that dawned with terror touching our shores; that unfolded with a new generation ...

Jan 19, 2015

Japanese companies doing more firing than hiring: OECD

More than half of Japanese who are laid off will still be out of work a year later, according to a report released Monday that also says companies must be more flexible if the economy is to improve. The findings come as Prime Minister ...

On Paris terrorist's turf, fears of more attacks ahead

Jan 19, 2015

On Paris terrorist's turf, fears of more attacks ahead

The housing project that was home to Amedy Coulibaly is a concrete labyrinth so scary that doctors refuse to make house calls and mail workers will not deliver parcels. Drug dealers and teenage thugs hold sway over the blighted neighborhood. Even the police venture ...

Japanese firms turn to Asia in the hunt for good graduates

Jan 19, 2015

Japanese firms turn to Asia in the hunt for good graduates

by Siti Rahil

As Japan’s youngsters dwindle in number, major companies sent recruiters to Singapore recently to interview high-flying university graduates from elsewhere in Asia. Tokyo-based recruitment firm Recruit Career Co. arranged for seven companies to interview about 60 foreign students with a view to hiring the ...

China's economic growth sank to 24-year low in 2014: survey

Jan 18, 2015

China's economic growth sank to 24-year low in 2014: survey

China’s annual gross domestic product growth slowed to its weakest rate in more than two decades in 2014, according to an AFP survey, projecting further deceleration in the world’s second-largest economy this year. The median forecast in a poll of 15 economists saw the ...