Friday, January 25, 2008 7:44 am | 
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Global economic slowdown puts prospect of salary hikes in doubt
Clouds are beginning to gather over this year’s labor-management pay-hike talks known as shunto, falling stock prices worldwide combine with worries about a slowdown in the global economy to hurt corporate earnings and make prospects for pay rises look less certain.
[YOMIURI]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
