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German commission recommends raising minimum wage to 14.60 euros
BERLIN, June 27 (Reuters) - Germany is set to gradually raise its hourly minimum wage to 14.60 euros ($17.11) by 2027 from its current level of 12.82 euros, according to proposals from a government-appointed commission released on Friday.Initially, the minimum wage is to rise to 13.90 euros at the b...Reuters
Fri, Jun 27
German commission recommends raising minimum wage to 14.60 eur by 2027
BERLIN, June 27 (Reuters) - Germany is set to raise its hourly minimum wage to 14.60 euros ($17.11) by 2027 in two steps from 12.82 euros currently, according to proposals from a government-appointed commission released on Friday.($1 = 0.8535 euros)Reuters
Fri, Jun 27
A luxury experience in China: Global high-end brands bet on conceptual stores to revive sales
Luxury brands shift focus to experiential retail amid China's spending slowdownChinese luxury market declines over 18% in 2024, flat sales expected in 2025Experiential luxury spending rises 5% despite overall market decline, Bain reportsLuxury brands closing stores but opening flagship locations...Reuters
Fri, Jun 27
Japan's 10-year bond yield edges up ahead of auction
TOKYO, June 27 (Reuters) - Japan's 10-year government bond yield edged up on Friday as investors awaited a government auction next week, with a lack of market-moving cues capping the move.The 10-year JGB yield JP10YTN=JBTC rose 1 basis point (bp) to 1.425%.The Ministry of Finance will hold the a...Reuters
Fri, Jun 27
