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November 24, 2024
 

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US ECONOMY

Japan Times
BUSINESS / Companies
Apr 8, 2020
Coronavirus forces Japanese firms to weigh hybrid online-offline shareholders meetings
Corporate law requires firms to set a physical venue for the meeting, but the government has confirmed online options are legal — with a caveat.
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
Apr 8, 2020
Pandemic to wipe out 6.7% of working hours worldwide in second quarter
The COVID-19 pandemic is expected to wipe out 6.7 percent of working hours globally in the second quarter of this year, equivalent to the labor of 195 million full-time workers, the International Labor Organization said on Tuesday.
Japan Times
COMMENTARY / World
Apr 7, 2020
Coronavirus tests Abe’s leadership as economy stalls
The prime minister's economic package may look bold, but action comes late.
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 / Economy
Apr 7, 2020
Rush to buy masks and toilet paper slows Japan's decline in household spending
Consumer spending fell in February but at a slower than expected pace as households scrambled to buy protective masks, toilet paper and food staples amid the worsening COVID-19 pandemic.
Japan Times
BUSINESS / Economy
Apr 7, 2020
Key food prices surge in some areas after virus upends supply chains
As the coronavirus pandemic penetrates more deeply into global supply chains, prices for key staples are starting to soar in some parts of the world.
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
Apr 6, 2020
Reeling world economy slammed by dangerous disinflationary shock
The sinking global economy is suffering through a colossal disinflationary shock that could briefly push it into dangerous deflation territory for the first time in decades.
Japan Times
BUSINESS / Economy
Apr 6, 2020
Jobs destroyed worldwide as coronavirus triggers deep recession
The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week.
Japan Times
BUSINESS / Companies
Apr 6, 2020
Some WeWork staff planned their lives around a stock deal that just collapsed
Teddy Kramer worked at WeWork from 2013 to 2015. When he left the company, he had been a director of new market development, helping the coworking startup open new offices in different regions. He’d put in the time and been granted shares in the company. At first, he thought he might be able to sell...
Japan Times
JAPAN / Society
Apr 5, 2020
Japan’s homeless at risk from coronavirus pandemic
Many of Tokyo's homeless also have underlying health problems, making them particularly vulnerable as cases of COVID-19 continue to climb in the capital.
Japan Times
JAPAN / Media / MEDIA MIX
Apr 4, 2020
Who suffers the most from the postponement of the 2020 Tokyo Olympics?
Media outlets have long been trying to figure out what cancellation or postponement of the games would mean to Japan economically. They now have a much better idea.
Japan Times
BUSINESS / Economy
Apr 4, 2020
IMF sees coronavirus-induced global downturn 'way worse' than financial crisis
Speaking at a rare joint news conference with the leader of the WHO, the IMF managing director called on advanced economies to step up their efforts to help emerging markets and developing countries.
Japan Times
BUSINESS / Economy
Apr 3, 2020
Coronavirus threatens revival of Japan's deflationary nemesis
Years after Japan made a cautious recovery from its long deflationary spell, the world's third-largest economy may be headed back into a cycle of falling prices as the coronavirus threatens a deep downturn and policymakers struggle for options.
Japan Times
BUSINESS / Economy
Apr 3, 2020
U.S. jobless claims soar to once-unthinkable record 6.65 million
The number of Americans applying for unemployment benefits soared to a record 6.65 million last week, a level unimaginable just a month ago.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

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