Tag - gdp

 
 

GDP

Japan Times
BUSINESS / Economy
Jun 9, 2020
World Bank forecasts worst recession in eight decades as virus persists
According to a semi-annual report per-capita output will contract in more than 90 percent of countries, the largest percentage since 1870.
Japan Times
BUSINESS / Economy
Jun 8, 2020
Japan first-quarter GDP shrank less than expected but deeper recession looms
The economy is expected to recover only moderately in coming months due to the pandemic's sweeping impact globally and at home.
Japan Times
BUSINESS / Economy
May 18, 2020
Japan slips into recession, but worst is yet to come
Data confirm the world's third-largest economy was in recession even before Prime Minister Shinzo Abe declared the April emergency for the virus.
Japan Times
BUSINESS / Economy
Apr 17, 2020
China’s economy shrinks for first time in decades amid virus shock
China’s economy recorded the first contraction in decades in the first quarter as the novel coronavirus that causes COVID-19 shut down large parts of the world’s second-largest economy and dimmed the global outlook.
Japan Times
BUSINESS / Economy
Apr 8, 2020
Japan to contract at 25% rate despite stimulus, Goldman Sachs predicts
Even with a record stimulus package, Japan’s economy is heading toward a record contraction of 25 percent this quarter after Prime Minister Shinzo Abe declared a state of emergency in Tokyo, Osaka and some other parts of the country, according to Goldman Sachs.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 7, 2020
Japan stimulus plan strengthens safety net, but experts split on handouts
Some economists say the financial aid should be focused on those in need while others say the proposed measure appears to be lacking fairness.
Japan Times
BUSINESS
Apr 6, 2020
Abe unveils 'massive' coronavirus stimulus worth 20% of GDP
Prime Minister Shinzo Abe pledged Monday to roll out an unprecedented economic stimulus package equal to 20 percent of economic output as his government vowed to take "all steps" to battle deepening fallout from the coronavirus.
Japan Times
BUSINESS / Economy
Mar 18, 2020
Global powers unleash trillions of dollars to stem spiraling coronavirus crisis
The world's richest nations prepared more costly measures on Tuesday to combat the global fallout of the coronavirus that has infected tens of thousands of people, triggered social restrictions unseen since World War II and sent economies spinning toward 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 / 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.
Japan Times
BUSINESS
Feb 28, 2020
World economy risks worst year since 2009 as hopes fade of rapid rebound from virus
The world economy may be heading for its worst performance since the financial crisis, more than a decade ago, as the spread of new virus that causes COVID-19 increasingly dashes hopes of a swift rebound.
Japan Times
COMMENTARY / Japan
Feb 19, 2020
Changing attitudes, not regulations, is the key to Japan's future
There is little indication that the Japanese public will change and allow the reforms required to put Japan's economy on a more stable footing and facilitate growth.
Japan Times
BUSINESS / Economy / FOCUS
Feb 18, 2020
Fear grows that coronavirus will push Japan into recession
With Japan taking a hit from the unabated outbreak of the coronavirus soon after a plunge in its economic performance in the last quarter of 2019, some fear the country may be on the brink of recession.
Japan Times
BUSINESS / Economy
Feb 17, 2020
Japan recession fears grow as GDP shrinks at 6.3% rate with COVID-19 hit to come
The contraction in the annualized gross domestic product for October-December was the worst in five quarters.

Longform

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