Meiji Yasuda's Bold Wage Increase Signals Corporate Shift in Japan

In a significant move in response to the Japanese government's push for higher wages, Meiji Yasuda Life Insurance Co. has announced plans to raise employee salaries by an average of 5%. This decision, which aligns with Japan's efforts to combat persistent deflation and stimulate consumer spending, marks a notable shift in corporate attitudes towards employee compensation.

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Chile's Economic Activity Rebounds: First Monthly Growth Since July

In a timely development for the nation's economy, Chile has recorded its first increase in economic activity since July, as highlighted by data released on December 2, 2024. This positive shift comes amid a backdrop of challenges that the region has been facing, including inflationary pressures and a slowing growth rate.

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