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July 18, 2024
 

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ECONOMY

Japan Times
BUSINESS / Companies
Apr 25, 2020
Japan department store sales log record 33% drop for March, with steeper dive on the way
Department store sales sank 33.4 percent in March, posting a record fall that looks likely to be broken this month as the coronavirus keeps customers at bay, an industry body said Friday.
Japan Times
BUSINESS / Economy
Apr 24, 2020
Slowdown in Japan inflation amid virus crisis sparks deflation fears
Sources have said the Bank of Japan will sharply cut growth forecasts and take further steps to ease funding strains on firms affected.
Japan Times
BUSINESS / Economy
Apr 23, 2020
Japan downgrades assessment of economy to 'getting worse rapidly'
Japan's economy has been "getting worse rapidly" in April due to the global coronavirus pandemic, the government said Thursday, downgrading its key assessment for the second straight month.
Japan Times
EDITORIALS
Apr 23, 2020
Government assistance is vital in pandemic
The COVID-19 crisis is testing how well Japan protects the people and businesses in an emergency. The government need to sustain its assistance as steadily as possible while making sure the most needy are not left behind.
Japan Times
BUSINESS / Markets
Apr 23, 2020
Pandemic spurs forex trading surge among Japan’s teleworking salarymen
The COVID-19 pandemic is fueling a surge in currency trading by retail investors, who are discovering that working from home means they can moonlight in the market during the daytime.
Japan Times
BUSINESS
Apr 22, 2020
IMF and regional bodies agree to cofinance pandemic responses
The heads of the International Monetary Fund, European Stability Mechanism (ESM) and other regional financing arrangements on Tuesday agreed to work together to mitigate the economic and financial impacts of the coronavirus pandemic.
Japan Times
JAPAN
Apr 21, 2020
How to get the ¥100,000 coronavirus payout from the Japanese government
The following are questions and answers regarding the government's plan to give ¥100,000 ($930) to everyone in Japan amid the fallout from the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Apr 20, 2020
Japan's emergency stimulus reaches ¥117 trillion as virus crisis deepens
The government's emergency package to cushion the economy from impacts of the COVID-19 pandemic has reached ¥117.1 trillion after the government approved a revised supplementary budget for fiscal 2020 on Monday.
Japan Times
BUSINESS / Companies
Apr 20, 2020
Convenience store sales fell 5.8% in March amid outbreak
Sales at convenience stores across Japan fell 5.8 percent in March from a year earlier as people refrained from going outside amid the coronavirus outbreak, an industry group said Monday.
Japan Times
BUSINESS / Markets
Apr 20, 2020
The money taboo that central banks have shied away from so far
The coronavirus economy is shredding records for government borrowing and for central-bank lending. Soon it may also smash the taboo that’s supposed to keep those two things apart.
Japan Times
BUSINESS / Economy
Apr 20, 2020
Pandemic likely to cost more jobs in Japan than 2008 crisis, experts say
Some economists have predicted unemployment in Japan could rise by over a million within a year, surpassing the fallout from the 2008-2009 global financial crisis.
Japan Times
BUSINESS
Apr 19, 2020
Pandemic may force Japan to give up on RCEP agreement for 2020
Tokyo is likely to place a top priority on shoring up the nation's virus-hit economy for an extended period, making it tough to promote free trade agreements.
BUSINESS / Companies
Apr 17, 2020
More than 200 listed companies in Japan have cut forecasts
The COVID-19 pandemic has forced 217 listed Japanese companies to warn of lower profits and sales in the coming year, an increase of 35% from less than a week ago, researcher Teikoku Databank has said.
COMMENTARY / World
Apr 16, 2020
Lives versus livelihoods
Everybody knows that you can't shut the economy down indefinitely, but nobody wants to risk a second wave of infections by moving too soon.
Japan Times
BUSINESS / Economy
Apr 16, 2020
IMF sees Asia-Pacific economic growth at standstill in 2020
Economic growth in the Asia-Pacific region will likely slow to a standstill in 2020, something that hasn’t happened in the last 60 years, according to the International Monetary Fund.
Japan Times
BUSINESS / Economy
Apr 16, 2020
COVID-19 stimulus response to boost Japan's GDP by up to 3.8%, Abe says
Prime Minister Shinzo Abe said Wednesday the government's latest emergency package to cushion the fallout from the coronavirus outbreak will boost the economy by up to an annualized 3.8 percent in real terms.
Japan Times
COMMENTARY / World
Apr 15, 2020
Some companies are too connected to fail
Policymakers must act now to lower the risk of cascading bankruptcies.
Japan Times
JAPAN / Politics
Apr 15, 2020
Abe administration faces flak over hesitancy to compensate virus-hit businesses
Regional governors have rebuked the government over its hesitance to take bold financial measures, leaving many business owners no choice but to stay open amid the pandemic.
Japan Times
BUSINESS / Economy
Apr 15, 2020
World economy to shrink 3% in 2020 in worst setback since Great Depression, IMF says
The global economy is projected to contract 3.0 percent in 2020 from a year before due to the coronavirus pandemic, which would mark the worst setback since the Great Depression in the 1930s, the International Monetary Fund said Tuesday.
Japan Times
BUSINESS / Economy
Apr 15, 2020
G7 to provide debt relief to poor nations amid coronavirus outbreak
Finance chiefs from the Group of Seven industrialized nations have agreed to provide debt relief to help developing countries finance emergency measures against the spread of the new coronavirus.
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

SUSTAINABLE JAPAN

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