Tag - economy

 
 

ECONOMY

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
JAPAN
Mar 29, 2020
Japan plans ambitious expansion of esports to boost economy through 2025
The government has an ambitious plan to expand Japan's esports industry with the private sector to help revitalize regional economies and increase social participation by people with disabilities, with an eye to generating ¥285 billion ($2.6 billion) in economic benefits a year by 2025, sources close...
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 / Economy
Mar 27, 2020
G20 vows to inject $5 trillion into pandemic-hit global economy
Leaders from the Group of 20 economies said Thursday they would be pumping $5 trillion (¥542 trillion) into the world economy as part of a joint pledge to use all policy tools available to cushion the impacts of the global COVID-19 pandemic.
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
BUSINESS / Economy
Mar 27, 2020
Japan's economy in 'severe situation' due to COVID-19, government states in monthly report
The government downgraded its key assessment of Japan's economy on Thursday, saying it was in a "severe situation" as the COVID-19 pandemic continues to wreak havoc domestically and globally.
Japan Times
BUSINESS / Economy
Mar 25, 2020
Bank of Japan sees deeper pain, even after COVID-19 emergency easing
The coronavirus pandemic could plunge Japan into deep economic stagnation, the country's central bankers warned at last week's emergency monetary policy meeting, with one seeing room for more stimulus, a summary of their discussion showed Wednesday.
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 / Economy
Mar 24, 2020
Bank of Japan sees deeper economic pain, even after emergency easing
The coronavirus pandemic could plunge Japan into deep economic stagnation, the country's central bankers warned at last week's emergency monetary policy meeting, with one seeing room for more stimulus, a summary of their discussion showed Wednesday.
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 / FOCUS
Mar 23, 2020
Japan's economy at critical juncture as coronavirus puts growth and Olympics at risk
Slammed by the coronavirus outbreak, Japan's economy is facing its biggest challenge in over a decade, with analysts warning of a technical recession and worse if the Summer Games are canceled.
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.
Japan Times
BUSINESS / FOCUS
Mar 20, 2020
Coronavirus puts fragile system supplying food to world under strain
Global warehouses are stuffed with frozen cuts of pork, wheels of cheese and bags of rice. But as the coronavirus snarls logistical operations, the question becomes: How does all that food actually get to people?
Japan Times
BUSINESS
Mar 19, 2020
Biggest factory shutdown since WWII cripples virus-hit U.S. and Europe
The economic impact of the growing coronavirus outbreak is shifting from service driven industries like hotels and restaurants to the manufacturing sector on both sides of the Atlantic, leading to a synchronized shutdown of heavy industry that historians and industry experts say is unlike any seen since...
Japan Times
JAPAN
Mar 18, 2020
Japan rural land prices rise for first time in 28 years
The average price of all types of land in Japan's rural areas rose last year for the first time since 1992, aided by redevelopment projects and improvement in infrastructure, the government said Wednesday.

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