A Tale of Two Economies: Greek Banks Thrive While Workers Struggle
The 2025 fiscal year was exceptionally profitable for Greece’s systemic banks, with combined net earnings surpassing €4.6 billion.…
Real wages in Europe near pre-pandemic levels, but Iran crisis clouds outlook
European inflation surged in 2022 to levels not seen in 40 years. It peaked above 11% in the…
Japan’s Real Wages Still Lagging Behind Inflation
Real wages fell by 1.3% in Japan in 2025, as payments to workers fail to keep step with…
Pension Under Employer’s Superannuation Trust Is ‘Wages’; Resignation Doesn’t Defeat Earned Pension Rights: Calcutta High Court
The High Court at Calcutta has held that pension payable under an employer’s superannuation trust can fall within…
Japan’s wage squeeze undermines Takaichi’s ‘trickle down’ plans
Despite a decisive election victory built on promises to ease Japan’s cost-of-living crisis, fresh government data released this…
Small firms in Japan struggling to raise wages
Both labor and management are hoping to achieve wage hikes exceeding inflation as this year’s shuntō spring wage…
Our senses tell real immigration impact
In response to my article on housing demand, a reader contacted me to make a number of interesting…
Kaiser labor talks stall, raising fears of another strike
Talks between Kaiser and a labor union representing health care workers ground to a halt late last week,…
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The U.S. economy grew at a 4.3% annual rate in the third quarter, blowing past economists’ expectations and…
My Dubai Salary: ‘I aim to retire by 55 or sooner by investing in index funds’
Jay Adrian Tolentino, a 38-year-old Filipino financial coach in the UAE, aspires to retire by the age of…
BOJ chief Ueda says higher wages will underpin inflation
Bank of Japan Japan central bank governor speaks at FT event, cites AI adoption as key to growth…
‘Era of aggressive salary growth has cooled’: UAE wages set to increase by 1.6% in 2026
Salaries in the UAE are expected to rise by 1.6 per cent on average in 2026, as companies…