Business

Japanese companies hand out biggest raises in 16 years

TOKYO -- Monthly pay at major Japanese companies will grow an average of more than 7,000 yen ($67.90) for the first time since 1998, bolstered by base pay hikes in particularly prosperous industries. The average of 2.39%, or 7,697 yen, trounced l...

Realty Reality

China January-March housing sales down 7.7% on year

SHANGHAI (Dow Jones) -- Housing sales in China in the three months ended March fell 7.7% t...

Executive Lounge

Japan's tourism boom is just beginning

TOKYO -- With a sharp rise in the number of overseas visitors to Japan, electronics retail...