May 19, 2015

Real wages fell 3% in fiscal 2014; largest drop on record

Japan’s average monthly real wage plunged 3.0 percent in fiscal 2014, marking the largest fall on record and the fourth year of decline, as last year’s consumption tax hike took its toll, the labor ministry said Tuesday. However, in nominal terms the average monthly ...

Mar 19, 2015

Police called as Copenhagen protest grounds Ryanair plane

A Ryanair pilot on Wednesday called Danish police as demonstrators kept the budget airline’s first flight from Copenhagen grounded for three hours amid a dispute with staff unions over wages and working conditions. “The Ryanair pilot has asked for police to be called to ...

Asian supply lines hit by U.S. West Coast ports dispute

Feb 17, 2015

Asian supply lines hit by U.S. West Coast ports dispute

A labor dispute at ports on the U.S. West Coast is disrupting supply chains across the Pacific, forcing some Asian exporters to resort to costly air freight and pushing up shipping rates as more freighters are caught up in long lines to dock. With ...

Feb 10, 2015

OECD urges Japan to reduce farming subsidies, boost female workforce

The Organization for Economic Cooperation and Development on Monday called on Japan to “reduce producer support to agriculture” and boost the number of women in the nation’s labor force. In its “Going for Growth” report for 2015, the OECD said public support accounts for ...

Feb 6, 2015

Mexico rescues 129 workers 'abused' by South Korean firm

Mexican authorities have rescued 129 workers, including six children, who said they were physically and sexually abused at a garment firm run by South Koreans, officials said Thursday. Four South Korean nationals have been handed over to prosecutors in the western state of Jalisco ...

Sony to cut 1,000 more jobs in smartphone business

Jan 28, 2015

Sony to cut 1,000 more jobs in smartphone business

Sony Corp. plans to eliminate another 1,000 jobs in its smartphone operations as the company tries to return the business to profit, according to a source familiar with the matter. It will shrink the division’s workforce to about 5,000 after including 1,000 job losses ...