Japan Needs Pickup in Base Wages: HSBC's Devalier
June 27 (Bloomberg) -- Izumi Devalier, a Japan economist at HSBC Holdings Plc, talks about the nation's economic outlook. Japan's consumer prices climbed at the fastest pace in 32 years, swelled by a sales-tax increase and higher utility charges that are squeezing household budgets as wage gains remain limited. Devalier speaks in Hong Kong with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
49:46 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)