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Tag Archives: Japan

Japan’s household spending falls at record pace as virus stalls economy

5 June 2020, 4:53 AM

Japan’s household spending fell at the fastest pace on record in April as the coronavirus shut down travel and dining-out in the world’s third-largest economy, and prospects of higher jobs losses chilled consumer sentiment.

Japan’s cash balance hits new high as pumps money to combat pandemic

2 June 2020, 5:09 AM

The balance of money circulating in Japan’s economy reached $5 trillion in May, hitting a record high for the second straight month, as the central bank pumped more cash to cushion the blow to businesses and consumers from the coronavirus pandemic.

Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

27 May 2020, 4:41 AM

Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed on Wednesday.

Japan lifts Tokyo’s state of emergency, eyes fresh stimulus

26 May 2020, 4:33 AM

Japanese Prime Minister Shinzo Abe lifted a state of emergency for Tokyo and four remaining areas on Monday after the number of infections fell across the country, but warned that it could be reimposed if the virus started spreading again.

Asian stocks adrift as vaccine rally falters

20 May 2020, 5:17 AM

MSCI’s broadest index of Asia-Pacific shares outside Japan was flat.



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