Loading

Search

:

Japan Declares State Of Emergency, Plans $1 Trillion Stimulus To Combat Coronavirus Downturn

  • Category:Other
ALJAZEERA
 
Japanese PM calls state of emergency and announces stimulus plan worth a staggering 20 percent of economic output.
Japanese Prime Minister Shinzo Abe on Tuesday declared a state of emergency to fight coronavirus infections in major population centres and rolled out a nearly one-trilli...

More

Students To Be Exempt From Extra Mobile Phone Charges

  • Category:Other
THE JAPAN NEWS
 
Amid an expected increase in online classes for students due to the coronavirus outbreak, the three major mobile carriers — NTT Docomo Inc., KDDI Corp. and SoftBank Corp. — have decided to offer part of their services free of charge.
In major price plans currently provided by the...

More

The Global Economy Just Got A $1 Trillion Infusion From Japan

  • Category:Other
CNN
 
Hong Kong (CNN Business)Japan is committing nearly $1 trillion to try to protect its economy from the fallout from the coronavirus pandemic.
Japanese Prime Minister Shinzo Abe on Monday announced a 108 trillion yen ($989 billion) relief package — a staggering amount equivalent to about 20% ...

More

A Japanese University Used Remote-Controlled Robots To Hold A Virtual Graduation

  • Category:Other
BUSINESS INSIDER
 
·  Business Breakthrough University (BBT) in Tokyo, Japan held a virtual graduation ceremony due to the coronavirus.
·  Students called into the ceremony using video-conferencing tool Zoom, and they were displayed on mobile robots.
·  Events including graduations and weddings h...

More

Japan Eyes Tripling Avigan Drug Stockpile To Fight Coronavirus

  • Category:Other
JAKARTA POST
 
Japan is considering boosting the stockpile of the antiviral drug Avigan to three times the current amount for use in treating 2 million people infected with the new coronavirus, sources with knowledge of the matter said Saturday.
The drug, developed by a group firm of Fujifilm Hol...

More

Japan’s Softbank Ends Wework Tender, Remains Behind Bailout

  • Category:Other
FINANCE COMMERCE
 
TOKYO (AP) — Japanese technology company SoftBank Group Corp. called off its offering of up to $3 billion worth of shares in office-space rental venture WeWork, though it remains committed to its $5 billion bailout of the financially troubled company.
The main loser in the offe...

More

Virus Breaks The Mold For Telework In Office-Bound Japan

  • Category:Other
JAPAN TODAY
 
TOKYO - The longstanding stereotype of Japan's office-bound "salaryman" is being tested as companies cautiously embrace working from home in a bid to stem the spread of the coronavirus.
Japan's government has for years been trying to encourage firms to implement "flexible working pa...

More

BOJ Tankan: Business Sentiment Turns Negative

  • Category:Other
NHK
 
The coronavirus scare has sent shudders through the world of big business in Japan, as it undermines a broad range of economic activities.
The Bank of Japan's latest Tankan survey shows sentiment at large manufacturers has turned negative for the first time in 7 years.
The index stands at m...

More

Japan's Business Mood Hits Seven-Year Low As Virus Revives Deflation Spectre

  • Category:Other
YAHOO FINANCE
 
TOKYO (Reuters) - Japan's business confidence soured to levels not seen since 2013, a closely watched survey showed, as the coronavirus pandemic hit sectors from hotels to carmakers and pushed the economy closer to recession.
The worsening corporate morale underscores the challeng...

More

200,000 Consultations Provided To Virus-Hit Businesses

  • Category:Other
JAPAN TIMES
 
Financial institutions in Japan provided 212,000 financing consultations between Feb. 1 and March 19 to businesses affected by the novel coronavirus outbreak, it was learned Thursday.
In 5,800 cases, lenders agreed to change the terms of loans at the request of struggling borrower c...

More