Tag - economy

 
 

ECONOMY

Japan Times
BUSINESS
Jun 19, 2020
Fearing germs on steering wheels, Japanese shun car-sharing
With people being asked to stay at home, car rental services took a hit across the country.
Japan Times
BUSINESS / Economy
Jun 19, 2020
Japan's economy 'almost stopped deteriorating,' government report says
The government, which said the economy was 'worsening rapidly' in its May report, revised its monthly assessment upward for the first time since January 2018.
Japan Times
BUSINESS / Companies
Jun 18, 2020
Majority of Japan firms cutting jobs and pay to survive pandemic
Over half of the respondents criticized the government's response, dashing hopes for a solid recovery.
Japan Times
BUSINESS / Economy
Jun 18, 2020
Japan banks' overseas investments hit high despite market turmoil
The banks are piling into risky debt overseas to beat their lowly returns on interest rates at home.
BUSINESS
Jun 17, 2020
Summer bonuses at major Japanese firms down 6%
The average bonus at major Japanese companies this summer will fall 6.0 percent from a year before to ¥925,947 due to the coronavirus pandemic and a slowdown in the global economy, the Japan Business Federation, or Keidanren, said in a preliminary survey report Wednesday.
Japan Times
BUSINESS
Jun 17, 2020
U.K. says it aims to join Trans-Pacific free trading group
The United Kingdom announced Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership.
Japan Times
COMMENTARY / World
Jun 17, 2020
Street vendors won’t save China’s economy
A new push to welcome informal workers back onto the streets will create more problems than it solves.
Japan Times
COMMENTARY / Japan
Jun 17, 2020
Japan’s new wave: Cash, bankruptcies and inequality
The pandemic will widen the wealth gap. Bigger firms will survive, while the small decide it's not worth it.
Japan Times
BUSINESS
Jun 16, 2020
Bank of Japan expands financing support for firms hit by virus
Central bank to boost corporate support from u00a575 trillion to u00a5100 trillion
Japan Times
BUSINESS / Markets
Jun 15, 2020
BOJ looks to sit tight while assessing coronavirus response
The central bank doesn't see a pressing need for further moves now but many economists surveyed expect the size of its loan program linked to state lending to rise.
Japan Times
JAPAN
Jun 12, 2020
Japan enacts record extra budget to address pandemic fallout
The Upper House's budget panel endorsed the package, focusing on financial aid for front-line medical staff and subsidies for small businesses.
Japan Times
BUSINESS / Markets
Jun 12, 2020
Bank of Japan’s aid to lenders hasn't warmed them to negative rates
For the country's commercial banks, the BOJ's sub-zero rates strategy aimed at stimulating the economy and prices has eroded their profit margins.
Japan Times
BUSINESS / Economy / FOCUS
Jun 12, 2020
Women bear brunt of Japan's recession as pandemic unravels Abe's 'Womenomics'
Many women lack the job security of male workers, with more than half holding vulnerable part-time, contract or temporary jobs.
Japan Times
COMMENTARY / Japan
Jun 11, 2020
Don't bet against post-pandemic Japan
Japanese corporations are in an excellent position to use the global economic crisis as an opportunity.
Japan Times
COMMENTARY / World
Jun 11, 2020
America’s great(er) recession will last for years
The upbeat employment numbers for May probably don't point to a quick recovery.
Japan Times
BUSINESS
Jun 11, 2020
Confidence at Japan's large firms drops to 11-year low amid pandemic
The reading from the government survey is the lowest since the first quarter of 2009, during the global financial crisis.
Japan Times
BUSINESS
Jun 11, 2020
Fed sees zero rates through 2022 and commits to keep buying bonds
All policymakers expect the funds rate to stay near zero through 2021, and perhaps beyond, to address 'considerable risks” over the medium term.
Japan Times
COMMENTARY / World
Jun 10, 2020
The U.S. economy will need stimulus well beyond July
It's too soon to count on consumer demand to support the economy.
Japan Times
JAPAN
Jun 10, 2020
Japan's Lower House passes second extra budget for coronavirus package
The House of Representatives Wednesday approved a draft second extra budget for fiscal 2020 totaling ¥31.91 trillion ($296 billion), to provide additional funding to front-line medical workers and support people reeling from the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Jun 10, 2020
Japan's April machinery orders drop to six-year low amid coronavirus outbreak
Orders from manufacturers inched down 2.6 percent to u00a5334.18 billion, while those from nonmanufacturers plummeted 20.2 percent to u00a5406.33 billion.

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