Tag - economy

 
 

ECONOMY

Japan Times
BUSINESS / Economy / ANALYSIS
Mar 18, 2020
To aid virus-hit Japan economy, look after firms and jobs first, say experts
With the novel coronavirus shaking up the global economy, the Japanese government is scrambling for countermeasures to cushion the economic fallout.
Japan Times
BUSINESS / Economy
Mar 18, 2020
Japan household assets hit record ¥1.9 quadrillion at end of year
Financial assets held by households rose 3.3 percent from a year earlier to a record ¥1.90 quadrillion ($18 trillion) at the end of December due largely to higher stock prices at the time, the Bank of Japan said Wednesday.
Japan Times
BUSINESS / Companies
Mar 18, 2020
Japanese firms braced for drawn-out coronavirus hit as recession looms
Almost half of Japanese firms saw their output and sales slide last month because of the coronavirus outbreak, with two-thirds anticipating the impact from the pandemic to last several months or longer, a Reuters poll showed, portending a big blow to an economy teetering on the edge of recession.
Japan Times
BUSINESS / Economy
Mar 17, 2020
Tax cut emerging as option in Japan to combat coronavirus impact
The government will consider various measures, including tax cuts, to deal with deepening financial damage from the coronavirus outbreak, economy minister Yasutoshi Nishimura said Tuesday amid growing debate on the possibility of cutting the consumption tax.
Japan Times
BUSINESS / Markets
Mar 16, 2020
'Big Short' investor Michael Burry sticks with Japan picks even as market drops
Michael Burry has vowed to stick with his long-term stock investments even as markets tumble on the coronavirus.
Japan Times
BUSINESS
Mar 16, 2020
Coronavirus to cut foreign visitors' spending in Japan by ¥980 billion
The outbreak of the new coronavirus is expected to cut spending by foreign travelers to Japan by ¥981.3 billion ($9 billion), a private research firm said in a new report, raising its earlier estimate of a fall of ¥624.4 billion.
Japan Times
BUSINESS / Economy
Mar 15, 2020
Japanese Cabinet minister says virus may be worse for economy than 2008 financial crisis
The effect of the new coronavirus on the economy could be worse than the 2008 financial crisis, economic revitalization minister Yasutoshi Nishimura said.
Japan Times
BUSINESS
Mar 13, 2020
Japan's economic policymakers now factoring in Olympics cancellation, sources say
Even as Japan has stressed that the Olympics will proceed as planned, government and central bank officials are more seriously weighing the risk of cancellation when making projections for this year's economic outlook, sources said.
Japan Times
BUSINESS
Mar 13, 2020
Bank of Japan to downgrade economic view next week, sources say
The Bank of Japan is considering downgrading its assessment of the country's economy at its upcoming policy meeting next week in view of the deepening economic impact of the globally spreading new coronavirus, according to sources close to the matter.
Japan Times
JAPAN
Mar 12, 2020
Japan ruling bloc considering third batch of measures against COVID-19
A plan to provide u00a530,000 each to households with children is being discussed as part of the third package.
Japan Times
BUSINESS
Mar 12, 2020
Large Japanese company sentiment falls to five-year low amid coronavirus spread
Business sentiment among large Japanese companies in the January-March period fell to the lowest level in five years and nine months, affected by the new coronavirus outbreak and slowing exports to China, a government survey showed Thursday.
Japan Times
JAPAN / Politics
Mar 12, 2020
Coronavirus overshadows milestone as Abe marks 3,000 days in office
Abe is also battling against time as Tokyo is counting down to host the Olympic and Paralympic Games this summer.
Japan Times
COMMENTARY / World
Mar 10, 2020
Coronavirus unleashes economic warfare
The face-off between Saudi Arabia and Russia is a potent reminder of just how rapidly countries are taking the gloves off when it comes to economic confrontation.
Japan Times
BUSINESS / Economy
Mar 10, 2020
Despite virus, China's consumer confidence remains robust; Japan faces biggest hit
The coronavirus is increasingly weighing on global consumer sentiment, but its impact can vary greatly.
Japan Times
BUSINESS / FOCUS
Mar 10, 2020
Bank of Japan prodded to act as COVID-19 spreads, but options limited
Many smaller companies in the tourism, retail and other services sectors have encountered bankruptcy risks as the epidemic disrupts supply chains.
Japan Times
BUSINESS / Economy
Mar 9, 2020
Mood of workers on the economy's front line hits nine-year low
Business sentiment among workers with jobs sensitive to economic trends deteriorated sharply to its worst level in nearly nine years in February due to growing concerns over the coronavirus outbreak.
Japan Times
BUSINESS / Economy / ANALYSIS
Mar 9, 2020
Japan's GDP contraction revised to 7.1%, fueling recession fears amid coronavirus crisis
The data show that the economy was already in a highly fragile state when the virus started to slam exports, supply chains, tourists and shoppers.
Japan Times
BUSINESS / Economy
Mar 9, 2020
Japan's returns on foreign investment lift current account surplus to ¥612 billion
The current account surplus in January marked its 67th consecutive month in the black as growing returns on Japan's overseas investments offset a larger deficit in the goods trade, government data showed Monday.
Japan Times
COMMENTARY / Japan
Mar 8, 2020
Moving the nation beyond Abenomics
Japan's next government must focus squarely on the supply-side and administrative reforms needed to accelerate and sustain economic growth.
Japan Times
JAPAN / ANALYSIS
Mar 8, 2020
Abe heads for dilemma with 'state of emergency' virus response that could cut both ways
Bolder steps to curb infections will raise the chances of the economy entering recession.

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