Japan's inflation-adjusted real wages fell again in April from a year earlier, extending a record streak of declines for the 25th month, as higher costs of living outweighed pay raises, data from the labour ministry showed on Wednesday. Real wages fell 0.7 per cent year-on-year in April, a slower pace of decline from the preceding month's 2.1 per cent drop. The previous record was a 23rd straight run of declines in real wages from 2007 to 2009 during the global financial crisis, which had led to millions of job losses. This time, stubborn inflation was to blame for sliding real wages, with consumer inflation of 2.9 ... (full story)