Tag - economy

 
 

ECONOMY

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
BUSINESS / Economy / ANALYSIS
Mar 18, 2020
To aid virus-hit Japan economy, look after firms and jobs first, say experts
With the novel coronavirus shaking up the global economy, the Japanese government is scrambling for countermeasures to cushion the economic fallout.
Japan Times
BUSINESS / Companies
Mar 18, 2020
Japanese firms braced for drawn-out coronavirus hit as recession looms
Almost half of Japanese firms saw their output and sales slide last month because of the coronavirus outbreak, with two-thirds anticipating the impact from the pandemic to last several months or longer, a Reuters poll showed, portending a big blow to an economy teetering on the edge of recession.
Japan Times
BUSINESS / Economy
Mar 17, 2020
Tax cut emerging as option in Japan to combat coronavirus impact
The government will consider various measures, including tax cuts, to deal with deepening financial damage from the coronavirus outbreak, economy minister Yasutoshi Nishimura said Tuesday amid growing debate on the possibility of cutting the consumption tax.
Japan Times
BUSINESS / Markets
Mar 16, 2020
'Big Short' investor Michael Burry sticks with Japan picks even as market drops
Michael Burry has vowed to stick with his long-term stock investments even as markets tumble on the coronavirus.
Japan Times
BUSINESS / Economy
Mar 15, 2020
Japanese Cabinet minister says virus may be worse for economy than 2008 financial crisis
The effect of the new coronavirus on the economy could be worse than the 2008 financial crisis, economic revitalization minister Yasutoshi Nishimura said.
Japan Times
BUSINESS
Mar 13, 2020
Japan's economic policymakers now factoring in Olympics cancellation, sources say
Even as Japan has stressed that the Olympics will proceed as planned, government and central bank officials are more seriously weighing the risk of cancellation when making projections for this year's economic outlook, sources said.
Japan Times
JAPAN
Mar 12, 2020
Japan ruling bloc considering third batch of measures against COVID-19
A plan to provide u00a530,000 each to households with children is being discussed as part of the third package.
Japan Times
COMMENTARY / World
Mar 10, 2020
Coronavirus unleashes economic warfare
The face-off between Saudi Arabia and Russia is a potent reminder of just how rapidly countries are taking the gloves off when it comes to economic confrontation.
Japan Times
BUSINESS / Economy
Mar 10, 2020
Despite virus, China's consumer confidence remains robust; Japan faces biggest hit
The coronavirus is increasingly weighing on global consumer sentiment, but its impact can vary greatly.
Japan Times
BUSINESS / Economy / ANALYSIS
Mar 9, 2020
Japan's GDP contraction revised to 7.1%, fueling recession fears amid coronavirus crisis
The data show that the economy was already in a highly fragile state when the virus started to slam exports, supply chains, tourists and shoppers.

Longform

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