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Japan Vows 'Bold' Step To Beat Covid-19 Fallout, Signals Big Spending Package

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THE STRAITS TIMES
 
TOKYO (REUTERS) - Japan must take "bold and unprecedented" steps to beat the economic fallout from the coronavirus, its economy minister said, suggesting large-scale fiscal stimulus is in the works, as the government tries to fend off a recession.
Any spending package would ad...

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Military Might: Japan’s Expanding Needs Open Market To U.S. Defense Business

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JAPAN TODAY
 
TOKYO- While media sometimes paint a picture of uneasy defense relations between the United States and Japan—U.S. President Donald Trump wants Tokyo to quadruple what it pays for hosting U.S. forces—on an industry level, it is a healthy time for bilateral ties.
Regional tensions and...

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Large Japanese Company Sentiment Falls To Five-Year Low Amid Coronavirus Spread

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JAPAN TIMES
 
Business sentiment among large Japanese companies in the January-March period fell to the lowest level in five years and nine months, affected by the new coronavirus outbreak and slowing exports to China, a government survey showed Thursday.
Japanese shares tumbled the same day, wit...

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Japanese Companies Tighten Belts, Declining To Offer Base Pay Hikes

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JAPAN TODAY
 
TOKYO - Against the backdrop of the coronavirus epidemic and a looming global economic slowdown, major Japanese firms tightened their belts in influential annual wage deals hammered out with unions on Wednesday.
Setting the tone, bellwether Toyota Motor Corp said it had agreed to gi...

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Japan Adopts New Aid Package For Coronavirus-Hit Businesses

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BANGKOK POST
 
TOKYO: Japan has adopted a one trillion yen (US$9.6 billion) level fresh emergency package for businesses battered by the coronavirus outbreak, featuring 500 billion yen in zero-interest loans for small- and mid-sized companies short of cash due to sharp falls in sales.
The governm...

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Japan’s Live Music Clubs Emerge As New Coronavirus Transmission Sites

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NEW YORK POST
 
TOKYO — A handful of small music clubs in Japan’s western city of Osaka have emerged as a new transmission ground for the coronavirus, showing the difficulty of stemming the outbreak even as authorities have focused on stopping large gatherings.
Japan has closed schools, zoos and ...

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Markets Start To Bounce Back After Steep Losses

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BBC
 
Shares in the US enjoyed a late-afternoon boost on Tuesday as a rise in oil prices helped markets to recover some ground one day after the biggest falls since the 2008 financial crisis.
The three main US indexes closed more than 4.9% higher. Earlier, shares in Europe slipped into negative t...

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Will Underperforming Japan Business Weigh on Aflac (AFL)?

  • Category:Other
YAHOO FINACE
 
Investors are currently concerned about Aflac Inc. AFL business loss in Japan due to its sales practices within a key distribution channel in the region.
Nearly 80% of Aflac’s revenues come from its Japan business. This business has been underperforming over the years due to the ul...

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9 Years On: Fukushima Farmers Eye Growth With IT Help

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THE JAPAN NEWS
 
FUKUSHIMA (Jiji Press) — Fukushima Prefecture is developing labor-saving farming techniques by utilizing information technology with cooperation from the corporate and academic sectors, aiming to revive farming in former nuclear evacuation zones.
Evacuation zones were designated ...

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Gov't Unveils Zero-Interest Loan Scheme For Firms Hit By Virus

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JAPAN TODAY
 
TOKYO - Prime Minister Shinzo Abe said Saturday the government will launch a scheme to extend zero interest loans with no collateral to small and midsized companies reeling from the new-coronavirus turmoil.
The state-owned Japan Finance Corp is among entities that will join the prog...

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