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Latest Articles in japan

L&T Construction Bags Contract For Eastern Dedicated Freight Corridor Project

L&T did not give the value of the contract, it describes a significant order ranging between Rs 1,000 crore to 2,500 crores.

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Japan's Coronavirus Shutdowns Pummel Service, Factory Sectors

Japan's government raised the size of its new economic stimulus package this week to a record $1.1 trillion

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ValueAct Eyes Nintendo With Stake Of Over $1.1 Billion

ValueAct has picked up about 2.6 million shares, or about a 2% stake, in Nintendo.

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Japan Exports Slump As Coronavirus Hits U.S., Chinese Demand

Imports fell 5.0% in the year to March, versus the median estimate for a 9.8% decline.

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Asia Shares Consolidate, China Cuts Another Interest Rate

Japan's Nikkei was still off 0.5%, though that followed a 3% jump the previous session. E-Mini futures for the S&P 500 dipped 0.5%, following a 3% rise in New York.

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With Plastic Sheets, Japan's Convenience Stores Target Social Distancing

Japan had recorded 7,411 cases of infection and 138 deaths from the virus as of Monday, public broadcaster NHK said, with more than 2,000 cases in Tokyo, a sharp rise from late March.

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Johnson & Johnson abandons deal for Takeda's TachoSil surgical patch

Takeda, Japan’s biggest drugmaker, announced the sale of TachoSil, a surgical patch to control bleeding, to Johnson & Johnson's subsidiary Ethicon for $400 million last May.

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Had 'Fruitful Discussion' With Japanese PM Abe On COVID-19: Modi

The extraordinary virtual G20 Leaders' Summit was held to discuss the challenges posed by the outbreak of the COVID-19 pandemic and to forge a globally coordinated response.

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Uniqlo Owner Slashes Profit Outlook, Global Ambitions Hit By Pandemic

The company forecast an operating profit of 145 billion yen ($1.33 billion) in the full year through end-August, down from a previous forecast of 245 billion yen and 44 percent lower than a year earlier.

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Japan's Wholesale Prices Mark First Fall In Five Months As Pandemic Hits Global Demand

Prices of oil and coal prices fell 10.3% in March from a year earlier, while those of non-ferrous metal goods were down 7.6%, the data showed.

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Japan's Economy Faces 'Extremely High' Uncertainty On Pandemic Hit - Central Bank Head

The spread of the coronavirus is having a severe impact on Japan's economy through declines in exports, output, demand from overseas tourists and private consumption

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Japan To Compile Extra Budget To Fund Coronavirus Stimulus

The government will issue the same amount of additional government bonds to fund the extra budget, with a construction bond issuance at 2.3290 trillion yen and deficit-covering bonds at 14.4767 trillion yen, the draft showed.

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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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