Tag - economy

 
 

ECONOMY

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 / Companies
Mar 29, 2020
SoftBank’s big bet on sharing economy backfires with coronavirus
Masayoshi Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices.
Japan Times
BUSINESS
Mar 29, 2020
Japan restaurants embrace takeout and seek regulars’ help in COVID-19 crisis
Restaurants in Japan are navigating rough waters amid the COVID-19 pandemic, inspiring new ideas as they try to come up with ways to remain afloat.
Japan Times
BUSINESS
Mar 29, 2020
Japanese hotels lose out on Olympic bet as coronavirus spreads
The Osaka Corona Hotel has been eerily quiet and empty the past few weeks.
Japan Times
BUSINESS / Economy
Mar 28, 2020
Fed brings the global financial system back from the abyss
Sitting calmly in front of a bookshelf filled with thick volumes of the "Federal Reserve Bulletin," Jerome Powell this week set out to offer a simple explanation for the complicated steps the U.S. central bank is taking to relieve dire stresses in the global financial system.
Japan Times
JAPAN
Mar 28, 2020
Abe urges vigilance to avoid COVID-19 spike and vows extraordinary steps to aid economy
The prime minister said the virus battle would be a long one, especially if people drop their guard, but pledged economic relief surpassing that for the 2008 financial crisis.
Japan Times
BUSINESS / Economy
Mar 28, 2020
Budget in hand, Abe shifts focus to pandemic response as economy reels
Prime Minister Abe's team is working on steps to save jobs and spark a v-shaped recovery, but is money all it takes?
Japan Times
BUSINESS
Mar 27, 2020
February factory output and retail sales seen in decline in Japan as virus damage deepens
Japan's factory output likely slowed in February and retail sales dropped for a fifth straight month, a Reuters poll showed on Friday, as the coronavirus outbreak took an increasing toll on businesses and consumers.
Japan Times
COMMENTARY / Japan
Mar 25, 2020
Now is the time for Japan to make a digital shift
The coronavirus pandemic has made it clear that Japan lags far behind other countries in putting new digital technologies to actual use.
Japan Times
BUSINESS / Economy
Mar 25, 2020
G20 finance chiefs and central bankers to develop COVID-19 action plan
Finance ministers and central bankers from the world’s 20 largest economies agreed Monday to develop an action plan to respond to the COVID-19 pandemic, which the IMF now expects to trigger a global recession, but disclosed no specifics.
Japan Times
BUSINESS
Mar 23, 2020
China talks up post-virus rebound as world economy shuts down
China's government is talking up the prospects for a rapid economic rebound from the coronavirus, even as the global economy sees further lockdowns to curb the spreading disease.
Japan Times
BUSINESS / Economy
Mar 21, 2020
Japan could face year-long slump if 'cursed' Olympics canceled
A canceled or postponed Olympics would likely result in Japan's economy shrinking for the longest stretch since the global financial crisis, according to some economists.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?