Japan firms to shut with emergency decree; 7-Elevens stay open

Business / Corporate Apr 7, 2020

Japan firms to shut with emergency decree; 7-Elevens stay open

Japanese companies prepared to close retail stores, restaurants, movie theaters and offices, while expanding work-from-home policies, after the government declared a state of emergency in major metropolitan areas. Isetan Mitsukoshi Holdings Ltd., Lumine Co. and Rakuten Inc. are closing stores, while Nintendo Co. said it ...

Business mood in Japan plunges to decade lows on coronavirus woes

Business Mar 17, 2020

Business mood in Japan plunges to decade lows on coronavirus woes

Business confidence plunged to decade lows in March as the spreading coronavirus outbreak stoked fears of a global recession and sent stock markets tumbling, according to the Reuters Tankan survey. The monthly poll, released Tuesday, suggests that the Bank of Japan's tankan quarterly survey due ...