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Keidanren upbeat on pay hike prospect

Sadayuki Sakakibara, chairman of the Japan Business Federation (Keidanren), said Thursday he “expects next year’s wage hike to exceed this year’s” at companies with good performance.

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Tax fair makes it easier for Bangladeshi citizens to pay taxes

​For businessman Abdul Mazid paying taxes was always a hassle. As a law-abiding citizen, Mazid was willing to pay his taxes but his problem was that he does not know how to compute his taxes and where to pay.

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Six banks pay more than 5.8 bln dollars in fines to settle FX, Libor probe

​ Six major banks agreed to pay a total of more than 5.8 billion U.S. dollars in penalties for their illegal and unsafe conducts in the foreign exchange (FX) markets and for manipulating the benchmark interest rate, London Interbank Offered Rate (Libor).

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Road charging in Europe easier said than done

​Europe's new transport commissioner Violeta Bulc has arguably one of the most challenging jobs in the entire European Commission (EC).

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Chinese Internet users willing to pay for concert webcasts

A latest survey suggested that Chinese Internet users are willing to pay for quality contents online, among which concert ranks the third highest of all online video categories that they're willing to pay for.

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Japan sees largest wage drop in April since Dec. 2009

Average inflation-adjusted wages in April for workers in Japan dropped 3.1 percent from a year earlier, marking the biggest year-on-year slide since December 2009, Japanese labor ministry said on Tuesday.

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Hong Kong Dockers go on parade on Labor Day

Furious dock workers started off a parade on the May 1 Labor Day to carry on with their fight for higher salaries and better working conditions, after an unfruitful negotiation with the representatives of the capital.

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LA County government workers rally for higher pay

About 3,000 Los Angeles County government employees staged a rally Tuesday asking for an end to a five-year salary freeze.

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China intensifies punishment for wage defaults

A judicial interpretation that went into effect on Wednesday aims to defend migrant workers by preventing their employers from defaulting on their wages.