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July 18, 2024
 

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ECONOMY

Japan Times
BUSINESS / Economy
Apr 7, 2020
Key food prices surge in some areas after virus upends supply chains
As the coronavirus pandemic penetrates more deeply into global supply chains, prices for key staples are starting to soar in some parts of the world.
Japan Times
BUSINESS
Apr 6, 2020
Abe unveils 'massive' coronavirus stimulus worth 20% of GDP
Prime Minister Shinzo Abe pledged Monday to roll out an unprecedented economic stimulus package equal to 20 percent of economic output as his government vowed to take "all steps" to battle deepening fallout from the coronavirus.
Japan Times
BUSINESS / Economy
Apr 6, 2020
Reeling world economy slammed by dangerous disinflationary shock
The sinking global economy is suffering through a colossal disinflationary shock that could briefly push it into dangerous deflation territory for the first time in decades.
Japan Times
BUSINESS / Economy
Apr 6, 2020
Jobs destroyed worldwide as coronavirus triggers deep recession
The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week.
Japan Times
BUSINESS / Companies
Apr 6, 2020
Some WeWork staff planned their lives around a stock deal that just collapsed
Teddy Kramer worked at WeWork from 2013 to 2015. When he left the company, he had been a director of new market development, helping the coworking startup open new offices in different regions. He’d put in the time and been granted shares in the company. At first, he thought he might be able to sell...
Japan Times
JAPAN / Society
Apr 5, 2020
Japan’s homeless at risk from coronavirus pandemic
Many of Tokyo's homeless also have underlying health problems, making them particularly vulnerable as cases of COVID-19 continue to climb in the capital.
Japan Times
JAPAN / Media / MEDIA MIX
Apr 4, 2020
Who suffers the most from the postponement of the 2020 Tokyo Olympics?
Media outlets have long been trying to figure out what cancellation or postponement of the games would mean to Japan economically. They now have a much better idea.
Japan Times
JAPAN
Apr 4, 2020
Few in Japan on the streets as stay-at-home requests heeded by big cities and businesses
Far fewer people were seen out and about Saturday after official stay-at-home requests in major cities grew in response to another spike in coronavirus infections.
Japan Times
BUSINESS / Economy
Apr 4, 2020
IMF sees coronavirus-induced global downturn 'way worse' than financial crisis
Speaking at a rare joint news conference with the leader of the WHO, the IMF managing director called on advanced economies to step up their efforts to help emerging markets and developing countries.
Japan Times
BUSINESS / Economy
Apr 3, 2020
Coronavirus threatens revival of Japan's deflationary nemesis
Years after Japan made a cautious recovery from its long deflationary spell, the world's third-largest economy may be headed back into a cycle of falling prices as the coronavirus threatens a deep downturn and policymakers struggle for options.
Japan Times
BUSINESS / Economy
Apr 3, 2020
U.S. jobless claims soar to once-unthinkable record 6.65 million
The number of Americans applying for unemployment benefits soared to a record 6.65 million last week, a level unimaginable just a month ago.
BUSINESS / Economy
Apr 2, 2020
Financial stimulus in rich countries could worsen fates of poorer economies
A massive exodus of capital from emerging economies has left many in a Catch-22 position, where adopting the kinds of monetary and fiscal stimulus measures the rich world is deploying could perversely make things worse.
Japan Times
COMMENTARY / Japan
Apr 2, 2020
Policy goal: How to get from good to great
As Japanese and global policymakers are rushing to design policies to counter the looming economic depression, advice from one of my favorite economists, Jean-Baptiste Say, comes to mind. In 1803 he wrote: “In policy as well as in morality, the grand secret is not to constrain the actions, but to awaken...
Japan Times
BUSINESS / Companies
Apr 2, 2020
SoftBank abandons $3 billion WeWork share purchase deal
SoftBank Group Corp. is scrapping an agreement to spend $3 billion (¥322 billion) to buy WeWork stock from former CEO Adam Neumann and other shareholders, despite threats of legal action from some members of the company’s board.
Japan Times
COMMENTARY / Japan
Apr 1, 2020
NSC change prepares Japan for new global realities
Japan is moving toward a wiser decision-making process when it comes to key security questions.
Japan Times
BUSINESS / Economy
Apr 1, 2020
Sentiment among Japan's big manufacturers falls into negative for first time in seven years
Business sentiment among large Japanese manufacturers fell into negative territory in March for the first time in seven years, weighed down by fears about the global economic fallout from the coronavirus crisis, the Bank of Japan's tankan survey showed Wednesday.
Japan Times
BUSINESS / Economy
Mar 31, 2020
Japan factory output slows, with worse expected as virus grips economy
Industrial output rose in February at a slower pace than the previous month and factories believe production plunged in March, adding to growing signs that the coronavirus pandemic is taking a toll on an economy already on the cusp of recession.
Japan Times
BUSINESS / Economy
Mar 31, 2020
Japan's ruling party asks for ¥60 trillion stimulus to aid virus-hit economy
The Liberal Democratic Party is calling for a ¥60 trillion ($556 billion) stimulus package to help households and small businesses survive the fallout from the coronavirus outbreak.
Japan Times
BUSINESS / Economy
Mar 30, 2020
‘Jobs for life’ in South Korea and Japan set to cushion virus blow
A longtime thorn for businesses and productivity in Japan and South Korea is set to prove a bulwark for those economies as the coronavirus threatens millions of jobs around the world.
Japan Times
BUSINESS / Markets
Mar 30, 2020
Nikkei tumbles on fears of Tokyo coronavirus lockdown
Tokyo stocks fell Monday, with the benchmark Nikkei sinking over 800 points at one point as a sharp rise in coronavirus infections in Tokyo stoked fears that the metropolitan government may halt economic activities in the capital to prevent a further escalation of the pandemic.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Japan pharma startup developing world-first drug to grow new teeth
A new tooth is seen in a ferret's mouth after it was administered a drug to stimulate the growth of tooth buds.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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