Tag - recession

 
 

RECESSION

Economists often struggle to predict business downturns and different economic theories may apply in different situations.
COMMENTARY / World
Dec 27, 2023
What economists got wrong about the Great Recession
Macroeconomics faces challenges and limitations in predicting and understanding economic events.
Japan Times
BUSINESS / Markets
Mar 21, 2023
2008 bank crisis survivors remember how fast dominoes can fall
Comparisons to that episode have become a little harder to ignore, although authorities are better equipped today to deal with stress in the financial system.
Japan Times
WORLD
Oct 11, 2022
Bernanke and two academics win Nobel in economics for work on banks’ role in crises
Former Federal Reserve chair Ben Bernanke and economists Douglas Diamond and Philip Dybvig were awarded for their influential work on the relationship between banks and economic turmoil.
Japan Times
COMMENTARY / World
Aug 2, 2022
Yes, the U.S. economy is likely in recession
The Biden administration and many commentators are at pains to deny that the U.S. is in a recession, but history is not on their side.
Japan Times
COMMENTARY / World
Aug 25, 2020
How does the COVID-19 recession compare?
Although every recession is different, history offers lessons for the current pandemic-induced downturn.
Japan Times
BUSINESS / Economy
Jun 8, 2020
Japan first-quarter GDP shrank less than expected but deeper recession looms
The economy is expected to recover only moderately in coming months due to the pandemic's sweeping impact globally and at home.
BUSINESS / Economy
Nov 22, 2019
U.S. labor market and manufacturing data point to slowing economy
The number of Americans filing applications for unemployment benefits was unexpectedly unchanged at a five-month high last week, suggesting some softening in the labor market.
BUSINESS / Economy
Nov 18, 2019
Hong Kong job market starts weakening as recession deepens and riots exact toll
After months of political protests and the onset of a recession, Hong Kong's resilient labor market is starting to crack.
Japan Times
BUSINESS / Markets
Oct 31, 2019
Fed cuts rates again to weather China-U.S. trade war but signals more tentative mood
The Federal Reserve on Wednesday cut interest rates for the third time this year to ensure the U.S. economy weathers its trade war without slipping into a recession, but signaled it will leave borrowing costs where they are unless things take a material turn for the worse.
Japan Times
BUSINESS
Oct 28, 2019
$14.5 billion acquisition offer: Louis Vuitton really wants something from Tiffany but timing may be iffy
LVMH is apparently looking to add a new bauble to its collection of luxury industry jewels. It might want to remember that, in jewelry as in corporate acquisitions, the patient shopper often gets a better deal.
Japan Times
BUSINESS / Economy
Oct 25, 2019
Subprime auto giant's loans souring at fastest clip since 2008
A growing percentage of Santander Consumer USA Holdings Inc.'s subprime auto loans are turning out to be clunkers soon after the cars are driven off the lot.
Japan Times
BUSINESS / Economy
Oct 11, 2019
Japan Inc. sees 'Abenomics' sputtering and sales tax hike hurting economy, poll shows
Japanese companies overwhelmingly think the nation's longest postwar expansion is peaking, with two-thirds expecting a tax hike imposed this month by Prime Minister Shinzo Abe to hurt the economy, a Reuters poll showed on Friday.
BUSINESS / Economy
Oct 10, 2019
Steepest drop in Japan machinery orders for five years raises recession worries
The value of core machinery orders slipped for the second consecutive month in August, suggesting uncertainty over businesses investment and deeper fissures in the broader economy due to slowing global trade.
Japan Times
BUSINESS / Economy
Sep 4, 2019
U.S. manufacturing gauge contracts for first time in three years, fueling recession fears amid Trump's China trade war
A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen.
Japan Times
BUSINESS
Aug 27, 2019
Trump sees possible U.S.-EU trade deal that would avert auto tariffs in respite for German carmakers
U.S. President Donald Trump on Monday said he thinks the United States will be able to reach a fair trade agreement with the European Union without imposing threatened tariffs on car imports, offering a potential lifeline to German carmakers.
Japan Times
BUSINESS / Economy
Aug 15, 2019
Trump slams Fed chief as inverted yield curve signals global distress
The U.S. government bond market sounded alarms Wednesday as investors fleeing riskier assets drove the 30-year bond's yield to a record low and the 10-year yield fell below the rate on the two-year for the first time since 2007.
Japan Times
BUSINESS / Markets
Aug 13, 2019
Wall Street slides on geopolitical and recession fears
U.S. stocks dipped in a broad sell-off on Monday as rising geopolitical tensions spooked investors away from equities and the extended U.S.-China trade war stoked fears of impending global recession.
Japan Times
BUSINESS / Economy
May 24, 2019
Japan downgrades prospects for economy due to China-U.S. trade war
The government downgrades its assessment of the economy, citing a slowdown in China's economy and the ongoing China-U.S. trade war.
Japan Times
COMMENTARY / World
Apr 16, 2019
What really caused the global financial crisis?
A new book offers some answers and sensible suggestions to reduce the odds of a future crisis.
Japan Times
BUSINESS / Economy
Apr 15, 2019
Trump, despite solid U.S. growth, says Fed should fire up crisis-era stimulus
President Donald Trump said on Sunday that actions by the U.S. Federal Reserve have nicked U.S. economic growth and stock market gains by perhaps 30 percent, and that it should begin pumping money into the economy as it did during the 2007-2009 recession.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on