Japan's PM Abe: Corporate wage increases encouraging

FXStreet (Bali) - Japan's Prime Minister Abe, cited by Reuters, said that corporate wage increases have been encouraging so far.

Reuters carries further headlines on Abe, who added that "wages and employment must improve visibly to overcome deflation."

"Business sentiment among small, medium sized companies is positive but still need to be cautious about risk of consumption tax hike dampening consumption, which has not slowed as much as feared after tax hike", Reuters reports, citing Abe.