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July 18, 2024
 

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US ECONOMY

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.
Japan Times
BUSINESS / Economy
Apr 15, 2020
Telework giving the global economy a glimpse of the virtual future
The lockdown gripping much of the world economy has spurred a real-time stress test of the long-heralded digital future.
Japan Times
BUSINESS
Apr 14, 2020
Retailers in Japan brace for tough year as virus hits consumption hard
Recent decisions by major retailers including Seven & I Holdings Co. and Takashimaya Co. to forego the release of earnings guidance due to the coronavirus outbreak highlights the seriousness of Japan's consumption slump.
Japan Times
BUSINESS / Economy
Apr 13, 2020
OPEC and Russia approve biggest-ever oil cut amid pandemic
After four days of talks, the group known as OPEC Plus has agreed to reduce output by 9.7 million barrels per day for May and June.
BUSINESS / Economy
Apr 10, 2020
Wholesale prices in Japan fell 0.4% in March on waning demand for crude
Wholesale prices in March fell 0.4 percent compared with a year ago as the global spread of COVID-19 weighed on a wide range of economic activities, the Bank of Japan said Friday.
Japan Times
WORLD
Apr 10, 2020
Amid pandemic, it’s getting a lot harder to ship food around the world
The port backups that have paralyzed food shipments around the world for weeks aren’t getting much better. In fact, in some places, they’re getting worse.
Japan Times
BUSINESS / Economy
Apr 10, 2020
EU finance chiefs agree on €540 billion virus rescue package
European Union finance ministers agreed on a €540 billion ($590 billion) package of measures to combat the economic fallout of the global pandemic.
Japan Times
BUSINESS / Economy
Apr 10, 2020
For first time in 11 years, BOJ lowers forecast for all Japan regions
The Bank of Japan cut its assessment of the nation's nine regional economies in light of the damage caused to production, consumption and corporate finances by the coronavirus pandemic, with new emergency restrictions set to add to the pain.
Japan Times
BUSINESS
Apr 10, 2020
Virus pandemic pushes Japan’s shoppers to finally buy online
Now that the government is urging consumers and businesses to step up efforts to contain the coronavirus outbreak, shoppers may finally have no excuse but to embrace e-commerce and wean themselves from brick-and-mortar stores.
Japan Times
BUSINESS / Economy
Apr 9, 2020
Japan economy watcher sentiment at record low amid virus outbreak
Business sentiment among workers in Japan with jobs sensitive to economic trends fell to the lowest level on record in March due to concern over the ongoing spread of the coronavirus, government data showed Wednesday.
Japan Times
BUSINESS / Economy
Apr 9, 2020
Coronavirus having serious impact on Japan economy: BOJ chief
Gov. Haruhiko Kuroda said COVID-19 has weighed on the country's economy as exports, output and spending declined, as did the number of inbound tourists.
Japan Times
JAPAN / Politics / ANALYSIS
Apr 8, 2020
Behind the scenes, an LDP power struggle over record-size economic package
As the Cabinet approved a record-breaking emergency stimulus package Tuesday, the deep-seated rivalries it has amplified within the ruling Liberal Democratic Party were hidden from view.
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 / Companies / FOCUS
Apr 8, 2020
Skeptical economists call Japan's largest-ever stimulus package 'puffed up'
To counter the economic crisis caused by the global coronavirus pandemic, Japan adopted on Tuesday its largest-ever emergency economic package worth ¥108 trillion, equivalent to about 20 percent of its gross domestic product.
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.
Trump says Taiwan should pay for defense, sending TSMC stock down
Shares in Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker and a major Apple and Nvidia supplier, closed 2.4% lower on Wednesday.
'Super spicy' potato chips land Japan students in hospital
High school students were taken to hospital in Tokyo on Tuesday after eating "super spicy" potato chips.
Japan finds a 'stealth' cure for zombie businesses: Let them fail
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
Japan keeps up yen warnings as two-day intervention suspected
An electronic screen displays a graph showing yen exchange rates surging against the U.S. dollar amid an alert to the possibility of intervention in Tokyo on Friday.
Hyogo governor stands firm on not resigning despite official's death
Hyogo Gov. Motohiko Saito speaks to reporters on Tuesday.
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

Exploring Japanese culturevia Tohoku’s festivals
Exploring Japanese culturevia Tohoku’s festivals

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