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Wage growth outpaced inflation in April, first time in two years

Workers saw their wages increase faster than the cost of living in April for the first time in two years, as the impact of last year’s sales-tax hike faded. Real pay rose 0.1 percent from a year earlier, the labor ministry said on Tuesday. Overall wages, including overtime and bonuses, ...

| Jun 2, 2015

Nikkei snaps 12-session winning streak

The Nikkei 225 average ended its 12-session winning streak on Tuesday, weighed down by worries about precariously high prices. The Nikkei shed 26.68 points, or 0.13 percent, to finish at 20,543.19, failing to match the 13-day advance in February 1988. On Monday, the key ...

Jun 2, 2015

Panasonic to sell energy storage in Australia to tap solar surge

Panasonic Corp. will begin selling energy storage systems in Australia to take advantage of the proliferation of solar panels dotting the rooftops of homes in the sunburned country. Sales will begin in October after a feasibility study is conducted with Australian power companies such ...

Jun 2, 2015

Major brewers promoting 'healthy' nonalcoholic beer

Ahead of the summer peak demand season, Japanese brewers are extending the product lines of nonalcoholic beer-like beverages that they claim offer healthful benefits. The popularity of such drinks is on the rise, although the beer market is shrinking amid the country’s falling birthrate. ...

Jun 2, 2015

Skymark's largest creditor submits rival rehab plan to Tokyo court

Bankrupt Japanese carrier Skymark Airlines Inc. said Monday that its largest creditor has submitted a plan for the airline’s rehabilitation to a court, rivaling the one submitted by the debtor late last week. The plan submitted by U.S. aircraft leasing firm Intrepid Aviation opposes ...