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Japan’s Economy Sinks Into a Recession Set to Deepen Sharply
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BNN BLOOMBERG
(Bloomberg) -- Japan’s economy sank last quarter into a recession that’s likely to deepen further as households limit spending to essentials and companies cut back on investment, production and hiring to stay afloat amid the coronavirus pandemic.
Gross domestic product shrank an a...
(Bloomberg) -- Japan’s economy sank last quarter into a recession that’s likely to deepen further as households limit spending to essentials and companies cut back on investment, production and hiring to stay afloat amid the coronavirus pandemic.
Gross domestic product shrank an a...
- May 18, 2020
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Boeing To Lay Off 10% Of Workers In Civil Aviation: Sources
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JAPAN TODAY
NEW YORK - Boeing plans to reduce the workforce in its civil aviation unit by 10 percent to cut costs as the coronavirus causes a crisis for airlines, two sources familiar with the matter told AFP.
The layoffs would impact the unit manufacturing the troubled 737 MAX, which has be...
NEW YORK - Boeing plans to reduce the workforce in its civil aviation unit by 10 percent to cut costs as the coronavirus causes a crisis for airlines, two sources familiar with the matter told AFP.
The layoffs would impact the unit manufacturing the troubled 737 MAX, which has be...
- April 25, 2020
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160,000 Nintendo Game Accounts May Have Been Hacked
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JAPAN TIMES
Nintendo Co. has said that about 160,000 accounts for its home video game networking service may have been hit by an unauthorized login.
Birthdays, email addresses and other information of the account holders for game consoles such as Wii U and Nintendo 3DS online, could have been v...
Nintendo Co. has said that about 160,000 accounts for its home video game networking service may have been hit by an unauthorized login.
Birthdays, email addresses and other information of the account holders for game consoles such as Wii U and Nintendo 3DS online, could have been v...
- April 25, 2020
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Firms Across Japan Cut Hours, Suspend Operations After Emergency Coronavirus Declaration Expanded
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THE JAPAN NEWS
The number of retail shops and restaurants that will temporarily close or have reduced business hours is increasing after the government expanded its declaration of a state of emergency to all 47 prefectures in Japan as the new coronavirus continues to spread.
Many companies have...
The number of retail shops and restaurants that will temporarily close or have reduced business hours is increasing after the government expanded its declaration of a state of emergency to all 47 prefectures in Japan as the new coronavirus continues to spread.
Many companies have...
- April 24, 2020
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JAL Cuts Profit Forecast More Than 40%
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JAPAN TODAY
TOKYO - Japanese Airlines on Wednesday slashed its forecast for annual net profits by 43 percent because of the coronavirus, making it the latest carrier to fly into virus-related turbulence as global tourism plummets.
With COVID-19 hammering both domestic and international routes, ...
TOKYO - Japanese Airlines on Wednesday slashed its forecast for annual net profits by 43 percent because of the coronavirus, making it the latest carrier to fly into virus-related turbulence as global tourism plummets.
With COVID-19 hammering both domestic and international routes, ...
- April 23, 2020
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Japan, IOC Jostle Over Who Will Pay Billions To Delay 2020 Olympics Over Coronavirus
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NPR
The Olympics won't be happening this summer, and a clash between the Tokyo organizers and the International Olympic Committee over who will shoulder the costs of postponing the games is heating up.
Competition was slated to start in July, but last month IOC and Japanese officials agreed to ...
The Olympics won't be happening this summer, and a clash between the Tokyo organizers and the International Olympic Committee over who will shoulder the costs of postponing the games is heating up.
Competition was slated to start in July, but last month IOC and Japanese officials agreed to ...
- April 22, 2020
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Japan Cabinet Oks Reworked Extra Budget For $1.1 Tril. Virus Package
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KYODO NEWS
Japan's Cabinet on Monday approved a reworked fiscal 2020 supplementary budget to finance universal cash handouts, expanding the size of a record economic package plan to 117.1 trillion yen ($1.1 trillion) aimed at cushioning the fallout from the coronavirus pandemic.
In a rare move,...
Japan's Cabinet on Monday approved a reworked fiscal 2020 supplementary budget to finance universal cash handouts, expanding the size of a record economic package plan to 117.1 trillion yen ($1.1 trillion) aimed at cushioning the fallout from the coronavirus pandemic.
In a rare move,...
- April 20, 2020
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Japan Trade Surplus Dives 99% In March As Coronavirus Hits Exports
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JAKARTA POST
Japan's trade surplus dived 99 percent in March from a year earlier as coronavirus woes hit exports to its major trading partners, official data showed Monday.
The March surplus came in at 4.9 billion yen ($45.5 million), less than one percent of the year-before figure of 517 billi...
Japan's trade surplus dived 99 percent in March from a year earlier as coronavirus woes hit exports to its major trading partners, official data showed Monday.
The March surplus came in at 4.9 billion yen ($45.5 million), less than one percent of the year-before figure of 517 billi...
- April 20, 2020
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Japan Is Giving Its Citizens $930 Of Free Money, Joining The US In Handing Out Stimulus Checks During The Coronavirus Pandemic
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BUSINESS INSIDER
Japan’s Prime Minister Shinzo Abe said on Friday he intends to hand out 100,000 yen ($930) to each citizen, in place of a previous sanction meant to cover households impacted by the outbreak.Japan expanded its state of emergency on Friday beyond its main population centres, incl...
Japan’s Prime Minister Shinzo Abe said on Friday he intends to hand out 100,000 yen ($930) to each citizen, in place of a previous sanction meant to cover households impacted by the outbreak.Japan expanded its state of emergency on Friday beyond its main population centres, incl...
- April 18, 2020
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Japan IPO Cancellations Hit Record This Month On Coronavirus
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ECONOMICS TIMES
Investors who had planned to buy new offerings might opt for existing start-up shares instead.
TOKYO: Fourteen Japanese companies have scrapped plans for initial public offerings (IPO) this month, more than in the aftermath of the Sept 2001 attacks on the United States, as the c...
Investors who had planned to buy new offerings might opt for existing start-up shares instead.
TOKYO: Fourteen Japanese companies have scrapped plans for initial public offerings (IPO) this month, more than in the aftermath of the Sept 2001 attacks on the United States, as the c...
- April 17, 2020
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