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Latest Articles in japan

Japan Should Map Out Way To Contain Coronavirus, Revive Economic Activity

The government usually approves the guidelines in June but the process has been delayed this year due to the pandemic.

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Japan's Factory, Retail Sectors Slump As Pandemic Hits Auto Sector

Retail sales plunged 13.7% in April from a year earlier, heavily weighed by slumping demand for general merchandise, clothing and vehicles.

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Fifty-fifty: How Japan Successfully Blunted The Corona Bullet

Japan’s ‘lockdown’ was very dissimilar to ours – no baton-happy police, no ‘gedi’ bikers breaking the curfew, no office closures, no desperate attempts to force everyone to stay home.

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Japan Approves Fresh $1.1 Trillion Stimulus To Combat Pandemic Pain

The new package takes Japan's total spending to combat the virus fallout to 234 trillion yen ($2.18 trillion), or about 40% of gross domestic product.

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Japan's Marvelous shares jump 17% as China's Tencent takes 20% stake

Tencent will spend around 7 billion yen ($65 million) acquiring shares from Marvelous and its largest shareholders, Amuse Capital and its chief executive, Hayao Nakayama, a former Sega executive whose son founded Marvelous.

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Nissan And Renault Shelve Merger Plans To Repair Their Alliance

Nissan has long resisted Renault's proposals for a full-blown merger as executives felt the French carmaker was not paying its fair share for the engineering work it did in Japan

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Japan Looking To End Tokyo's State Of Emergency, Eyes Fresh Dollar 930 Billion Stimulus

Japan's economy slipped into recession in the last quarter, and analysts expect another 22% contraction in April-June.

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Global Markets: Hong Kong Leads Asian Shares Lower As Beijing Readies New Security Law

Hong Kong's Hang Seng index fell 3.7% to a seven-week low, helping to pull down MSCI's broadest index of Asia-Pacific shares outside Japan 1.2%.

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Global Markets: Shares Lose Footing, Oil Marches On

Japan's Nikkei stock index slid 0.2% after data there showed the country's exports collapsed 21.9% in April.

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Panasonic To Cut 800 Jobs In Thailand, Move Some Production To Vietnam Next Year

Panasonic will still have around 13,700 workers involved in the manufacture of small appliances and batteries in Thailand.

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Softbank To Sell 5% Of Domestic Telecom To Raise Cash

SoftBank Corp's shares closed down 0.8% on Friday ahead of the announcement at 1,375 yen, giving a 5% stake a market valuation of 330 billion yen ($3.1 billion).

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Japan's May Factory Activity Reels As Pandemic Hits Output, Orders

The world's third-largest economy fell into recession for the first time in 4-1/2 years in the first quarter, data showed this week.

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Pandemic Sinks Japan Business Mood To Decade Low, Outlook Even Bleaker

"Domestic market conditions aren't stable due to the impact of the novel coronavirus," a manager at a chemicals firm wrote in the survey.

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Mitsubishi Motors' Full-Year Profit Slumps 89%

Profit came in at 12.8 billion yen ($119.21 million) for the year just ended, down sharply from 111.8 billion yen a year ago.

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Japan's Economy In Recession, Q1 GDP Shrinks Annualised 3.4 %

The Japanese government has already announced a one trillion dollar stimulus package to protect the economy from the fallout of the pandemic.

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