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July 18, 2024
 

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ECONOMY

BUSINESS
Jul 29, 2020
Fitch revises Japan’s long-term outlook from stable to negative
The firm kept the rating itself unchanged, following a similar move last month by S&P Global Ratings.
Japan Times
JAPAN / FOCUS
Jul 28, 2020
Cushy coronavirus aid contract puts Japan ad giant Dentsu under spotlight
The ad giant has acquired the task of distributing a $20 billion package to help ailing businesses.
Japan Times
BUSINESS / Economy / FOCUS
Jul 27, 2020
Coronavirus resurgence endangers Japan’s economic recovery scenario
Consumer mood may be headed for another downward swing, which would be devastating for companies that barely survived the initial pandemic damage.
Japan Times
BUSINESS / Economy
Jul 27, 2020
BOJ policymakers voice concerns over possibility of slow recovery
The country's economy is expected to shrink 4.7 percent in fiscal 2020 but grow 3.3 percent in fiscal 2021.
Japan Times
BUSINESS / Economy
Jul 27, 2020
Japan corporate sales suffer biggest quarterly drop since 2011
Companies in the January-March quarter suffered their largest sales dip since the economic downturn triggered by the 2011 earthquake and tsunami, according to revised data released Monday by the Finance Ministry as the coronavirus pandemic hit more businesses than previously estimated.
Japan Times
BUSINESS / Economy
Jul 27, 2020
Pandemic forces digital change on Japanese companies
The coronavirus pandemic may be a drag on economies across the globe, but in Japan it’s bringing long-overdue changes in work habits and tools.
Japan Times
JAPAN
Jul 25, 2020
Twenty years after digital push, Japanese government still stuck under piles of paper
Two decades after Japan rolled out an ambitious plan to go digital, the COVID-19 crisis has exposed the government's deeply rooted technological shortcomings as ministries remain stuck in a paper-driven culture that experts say is hurting productivity.
Japan Times
BUSINESS / Economy
Jul 23, 2020
BOJ taps big data for tips on guiding economy through pandemic pain
The conservative central bank now has a 180-member statistics team trolling through new types of data to gain new insights into the virus-hindered economy.
Japan Times
COMMENTARY / World
Jul 22, 2020
Toward a less crowded planet
There is reason to hope that the global population could drop to 4 or 5 billion by 2200.
Japan Times
BUSINESS / Economy
Jul 22, 2020
After troubled start, Go To Travel campaign still likely to achieve some aims
Battered by the health crisis, the domestic tourism industry sees a glimmer of hope in the campaign and its gargantuan u00a51.35 trillion budget.
Japan Times
BUSINESS / Companies
Jul 22, 2020
WeWork set to lose major Japan tenant Rakuten, sources say
The e-commerce giant will let its contract run out in August without renewing, leaving about 700 desks empty in Tokyo.
Japan Times
BUSINESS
Jul 21, 2020
June department store sales in Japan fall 19%
Japan's department store sales declined 19.1 percent from a year earlier in June, improving from sharper falls in the previous months after the lifting of a state of emergency over the new coronavirus allowed stores to reopen, an industry body said Tuesday.
Japan Times
BUSINESS / Economy
Jul 21, 2020
Japan's core consumer prices flat in June as deflation risks remain
The reading dashed expectations for a third straight month of decline, after central bank comments that the economy would likely shake off the pandemic hit.
Japan Times
BUSINESS
Jul 21, 2020
Japan's home appliance shipments rise to 23-year high in June
Sales of the equipment were worth u00a5307.32 billion, 5.8 percent more than a year earlier, according to the Japan Electrical Manufacturers' Association.
Japan Times
COMMENTARY / Japan
Jul 20, 2020
Securing Japan from Chinese ‘predatory economics’
Managing risks and fortifying national security is critical while doing business with China.
Japan Times
BUSINESS / Economy
Jul 20, 2020
First-half exports log drop of 15.4%, Japan's steepest in over a decade
The hefty year-on-year drop was led by plunging shipments of autos and auto parts as demand was dented by the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Jul 19, 2020
G20 finance chiefs warns of sharp contraction from pandemic
The Group of 20 also discussed extending its debt relief program for developing nations and new tax rules for online giants Google, Amazon, Apple and Facebook.
Japan Times
BUSINESS / Economy
Jul 18, 2020
Cabinet OKs economic guidelines to push digitalization, telecommuting under Japan's 'new normal'
The annual blueprint also promotes expansion of the My Number ID system and disaster prevention but leaves fiscal reconstruction on the backburner.
Japan Times
COMMENTARY / World
Jul 18, 2020
You want the truth? You can't handle total lockdown
While measures to keep people apart can help curb the spread of COVID-19, they may also be decimating economies.
Japan Times
BUSINESS / Companies
Jul 16, 2020
Half Japan firms have no quick fix for virus pain but some eye productivity gains
Other choices include reviewing business activity and planning new business to cushion the blow from the pandemic.
'Super spicy' potato chips land Japan students in hospital
High school students were taken to hospital in Tokyo on Tuesday after eating "super spicy" potato chips.
Japan finds a 'stealth' cure for zombie businesses: Let them fail
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
Japan keeps up yen warnings as two-day intervention suspected
An electronic screen displays a graph showing yen exchange rates surging against the U.S. dollar amid an alert to the possibility of intervention in Tokyo on Friday.
Hyogo governor stands firm on not resigning despite official's death
Hyogo Gov. Motohiko Saito speaks to reporters on Tuesday.
Four injured after man sets fire to Japan city hall
Police said four people were injured after a man set fire to a city hall in Aichi Prefecture, with local media reporting he had been arrested.
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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