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Latest Articles in japan

Japan To Declare State Of Emergency As COVID-19 Cases Surge

The Tokyo metropolitan government, along with healthcare specialists, said that the number of hospital beds available for coronavirus patients will soon reach capacity.

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Japan To Roll Out Huge Stimulus Package Next Week As Pandemic Pain Deepens

Analysts expect Japan's economy, which shrank in the final quarter of last year, to suffer two more quarters of contraction as the pain from the pandemic deepens.

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SoftBank To Abandon $3 Billion Deal For Additional Wework Shares

The U.S.-based company's committee said it will evaluate all its legal options, including litigation and remained committed to reaching a solution.

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Uno Minda Strengthens Partnership With Japan's Toyoda Gosei

Consolidation of TG SIN will result in several synergies like an optimal production system, flexible supply chain, complementary product lines and customer synergies.

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Japan's Business Mood Hits 7-Year Low As Virus Revives Deflation Spectre

About 70% of firms surveyed in the tankan turned in their replies by March 11, before lockdowns of cities intensified across the globe.

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Japan To Boost Government Bond Issuance By $149 Billion To Fund Stimulus

The additional 16 trillion yen ($149 billion) in bonds comes on top of the government's existing plan to sell nearly 129 trillion yen of Japanese government bonds (JGBs) in the fiscal year beginning in April.

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Japan Feb Factory Output Seen Cooling, Retail Sales Down For Fifth Month As Virus Hit Deepens

Industrial output is expected to have inched up 0.1% in February from the previous month, the poll of 15 analysts showed, after a revised 1.0% gain in January.

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Nearly Three-Quarters Of People In G7 Expect Virus To Make Their Households Poorer

Japan had highest number of people who said they had started wearing a mask (65%) but the lowest number of people doing all other measures listed in the survey.

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In Japan, Hotels Lose Out On Olympic Bet As Coronavirus Spreads

A boom in hotel construction and overinvestment in the hospitality sector in recent years had already sparked concerns over the sustainability of the market, even before the spread of the coronavirus.

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Japan To Spend Over $137 Billion As Virus Hits Economy, BOJ Eyes More Stimulus

Japan's ruling Liberal Democratic Party will compile its draft stimulus package on March 30, which will serve as a basis for the government's plan.

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Fujifilm Shares Jump 15% On China Coronavirus Drug Trial Boost

Fujifilm Toyama Chemical Co Ltd, the drug has been approved for manufacturing in China by Zhejiang Hisun Pharmaceutical Co Ltd for use against new or recurring influenza in adults.

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Japan's Economy Shrinks Faster Than Estimated As Virus Compounds Recession Risk

Japan's economy is already in recession and there are emerging signals that the worst has yet to come," said Mizuho Securities senior market economist Toru Suehiro.

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Coronavirus Crisis Threatens To Silence Japan's Tourist Boom

About 9.5 million of Japan's foreign visitors last year were Chinese, a number that has risen more than six-fold over the past seven years.

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Japan's Oil Refiners Keep Running Even As Coronavirus Curbs Fuel Sales

Oil product sales, including gasoline and jet fuel, slumped more than a quarter last week, the most recent period for which figures are available.

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Japan's January Factory Output Beats Forecasts But Slowdown Expected

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to gain 5.3% in February and slump 6.9% in March.

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