Australia’s industrial relations umpire raised the national minimum wage by 5.75% from July 1 in an effort to support low-paid workers at a time of rising living costs and a tight labor market.
Japan will spend around ¥3.5 trillion ($25 billion) on policies meant to bolster its sliding birthrate, Prime Minister Fumio Kishida said Thursday, without fully explaining how he will fund the plans.
Asia stocks advanced after a renewed rally in tech giants pushed Wall Street higher ahead of jobs data due Friday as investors reassess the likelihood the Federal Reserve will pause interest rate hikes in June.
The US needs new tools in order to build on its network of free-trade agreements and compete with China in Latin America, a top Biden administration official said Thursday.
New Zealand import volumes surged the most in two years in the first quarter, adding to signs the economy may have been in a recession.
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