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Masayoshi Son’s Empire Wobbles As Virus Hits Debt Load
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JAPAN TIMES
Investors are growing increasingly skittish about the stability of Masayoshi Son’s empire.
Son’s SoftBank Group Corp., one of Japan’s most indebted companies, had been chipping away in recent years at concerns about its ability to carry that burden. As the founder remade the telecom...
Investors are growing increasingly skittish about the stability of Masayoshi Son’s empire.
Son’s SoftBank Group Corp., one of Japan’s most indebted companies, had been chipping away in recent years at concerns about its ability to carry that burden. As the founder remade the telecom...
- March 22, 2020
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Chinese Visitors To Japan Plunge 88% In February On Virus Outbreak
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THE JAPAN NEWS
The number of foreign visitors to Japan plunged 58.3% year-on-year in February to 1,085,100, falling for the fifth consecutive month, the Japan National Tourism Organization said Thursday. It was the largest drop in eight years and 10 months, since the 62.5% drop in April 2011 ...
The number of foreign visitors to Japan plunged 58.3% year-on-year in February to 1,085,100, falling for the fifth consecutive month, the Japan National Tourism Organization said Thursday. It was the largest drop in eight years and 10 months, since the 62.5% drop in April 2011 ...
- March 22, 2020
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Honda Will Halt All North American Production For Six Days
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THE JAPAN NEWS
Honda Motor Co. said Wednesday it is temporarily halting production in North America for six days because of the anticipated decline in auto sales due to the coronavirus outbreak and will reduce production by about 40,000 vehicles.
The Japanese automaker will suspend production b...
Honda Motor Co. said Wednesday it is temporarily halting production in North America for six days because of the anticipated decline in auto sales due to the coronavirus outbreak and will reduce production by about 40,000 vehicles.
The Japanese automaker will suspend production b...
- March 20, 2020
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Japan Has A Remarkably Low Number Of Coronavirus Cases That Experts Worry May Lead To A 'False Sense Of Security'
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BUSINESS INSIDER
As of Thursday, Japan has 924 cases and 29 deaths from COVID-19. With over 81,000 cases in China and over 8,500 cases in South Korea, experts wonder if Japan has kept the virus contained or just hasn't testedenough of its population.
"The Japan conundrum is just the fact that i...
As of Thursday, Japan has 924 cases and 29 deaths from COVID-19. With over 81,000 cases in China and over 8,500 cases in South Korea, experts wonder if Japan has kept the virus contained or just hasn't testedenough of its population.
"The Japan conundrum is just the fact that i...
- March 20, 2020
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Bank Of Japan Ploughs Deeper Into Stocks To Ease Coronavirus Fears
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FINANCIAL TIMES
The Bank of Japan took its controversial equity-buying programme deeper into uncharted territory on Monday, doubling its annual purchasing target to ¥12tn ($112bn) while also rolling out a new lending facility, in an attempt to match the shock value of the US Federal Reserve’s i...
The Bank of Japan took its controversial equity-buying programme deeper into uncharted territory on Monday, doubling its annual purchasing target to ¥12tn ($112bn) while also rolling out a new lending facility, in an attempt to match the shock value of the US Federal Reserve’s i...
- March 17, 2020
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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...
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...
- March 14, 2020
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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...
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...
- March 13, 2020
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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...
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...
- March 13, 2020
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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...
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...
- March 12, 2020
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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...
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...
- March 12, 2020
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