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Japan's Low Jobless Rate Masks Deepening Worker Despair
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JAPAN TODAY
TOKYO = Japan's low unemployment rate on paper suggests an economy weathering the coronavirus reasonably well, but official figures belie worsening prospects for the country's army of temporary workers, who make up about 40% of the jobs market.
A rise in job losses would undermine o...
TOKYO = Japan's low unemployment rate on paper suggests an economy weathering the coronavirus reasonably well, but official figures belie worsening prospects for the country's army of temporary workers, who make up about 40% of the jobs market.
A rise in job losses would undermine o...
- August 18, 2020
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Japan Officials Explored Possibility Of Nissan-Honda Merger
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MAINICHI
LONDON (Kyodo) -- Japanese government figures tried to bring Nissan Motor Co. and Honda Motor Co. to the table for merger talks this year, but the project fizzled out due to the companies' rejection of the idea, the Financial Times reported Sunday.
The suggestion was made to the major ...
LONDON (Kyodo) -- Japanese government figures tried to bring Nissan Motor Co. and Honda Motor Co. to the table for merger talks this year, but the project fizzled out due to the companies' rejection of the idea, the Financial Times reported Sunday.
The suggestion was made to the major ...
- August 18, 2020
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Japan’s Economy Contracts 7.8 Percent, Worst Decline on Record
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NEW YORK TIMES
Japan’s economy shrank by 7.8 percent in the second quarter of the year, posting its worst performance on record as the coronavirus pandemic ground economic activity to a near halt in April and May.
The nosedive in output in the three-month period — an annualized drop of 27.8 per...
Japan’s economy shrank by 7.8 percent in the second quarter of the year, posting its worst performance on record as the coronavirus pandemic ground economic activity to a near halt in April and May.
The nosedive in output in the three-month period — an annualized drop of 27.8 per...
- August 17, 2020
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Coronavirus: Japan Suffers Its Biggest Economic Slump On Record
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BBC
The world’s third largest economy saw gross domestic product fall 7.8% in April-June from the previous quarter, or 27.8% on an annualised basis.
Japan was already struggling with low economic growth before the crisis.
The figures released on Monday are a stark reminder of the severe financi...
The world’s third largest economy saw gross domestic product fall 7.8% in April-June from the previous quarter, or 27.8% on an annualised basis.
Japan was already struggling with low economic growth before the crisis.
The figures released on Monday are a stark reminder of the severe financi...
- August 17, 2020
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Softbank Back In Black With ¥1.26 Tril Profit After Record Losses
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JAPAN TODAY
TOKYO - SoftBank Group on Tuesday reported a 1.26 trillion yen ($12 billion) quarterly net profit to June, recovering from eye-watering losses as tech stocks rally and the firm sheds assets to shore up its finances.
The results will be a relief for chief Masayoshi Son, who has faced...
TOKYO - SoftBank Group on Tuesday reported a 1.26 trillion yen ($12 billion) quarterly net profit to June, recovering from eye-watering losses as tech stocks rally and the firm sheds assets to shore up its finances.
The results will be a relief for chief Masayoshi Son, who has faced...
- August 12, 2020
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Cheese Could Drive A Wedge Between The UK And Japan In Trade Talks
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CNN
Cheese exports worth less than $150,000 could be holding up a trade deal between Britain and Japan.
Since Brexit, the UK government has struggled to replicate the trade agreements it once enjoyed with dozens of countries around the world as an EU member.
Now talks with Japan, Britain's four...
Cheese exports worth less than $150,000 could be holding up a trade deal between Britain and Japan.
Since Brexit, the UK government has struggled to replicate the trade agreements it once enjoyed with dozens of countries around the world as an EU member.
Now talks with Japan, Britain's four...
- August 12, 2020
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Japan's Service Sector Sentiment Improves In July
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THE CHRONICLES HERALD
TOKYO (Reuters) - Japan's service sector sentiment index rose in July, a Cabinet Office survey showed on Tuesday, showing some improvement in business confidence although concerns persist over the impact of the COVID-19 pandemic.
The survey of workers such as taxi drivers,...
TOKYO (Reuters) - Japan's service sector sentiment index rose in July, a Cabinet Office survey showed on Tuesday, showing some improvement in business confidence although concerns persist over the impact of the COVID-19 pandemic.
The survey of workers such as taxi drivers,...
- August 11, 2020
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Japan's Saizeriya Restaurant 'Develops' Face Mask To Wear When Eating
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JAPAN TIMES
Japanese restaurant chain operator Saizeriya Co. has “developed” a face mask for use when eating and drinking, possibly a boon to eateries around the world hit hard by social distancing necessitated by the coronavirus.
The method unveiled by the Italian restaurant chain Friday in a ...
Japanese restaurant chain operator Saizeriya Co. has “developed” a face mask for use when eating and drinking, possibly a boon to eateries around the world hit hard by social distancing necessitated by the coronavirus.
The method unveiled by the Italian restaurant chain Friday in a ...
- August 8, 2020
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Toyota Warns Of 64% Drop In Full-Year Net Profit
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JAPAN TODAY
TOKYO - Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.
Japan's top car maker, which had previously declined to give a bottom-line forecast because of ongoin...
TOKYO - Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.
Japan's top car maker, which had previously declined to give a bottom-line forecast because of ongoin...
- August 7, 2020
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Japan’s Locked Borders Shake the Trust of Its Foreign Workers
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NEW YORK TIMES
A pandemic policy that bars re-entry for many permanent and long-term residents has upended many lives and undercut Tokyo’s efforts to woo global capital and talent.
TOKYO — When Jeff Mazziotta, a director of a nonprofit wildlife conservation organization, left Japan for South Af...
A pandemic policy that bars re-entry for many permanent and long-term residents has upended many lives and undercut Tokyo’s efforts to woo global capital and talent.
TOKYO — When Jeff Mazziotta, a director of a nonprofit wildlife conservation organization, left Japan for South Af...
- August 6, 2020
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