Japan points program to mitigate consumption fall ends Tuesday

Business Jun 30, 2020

Japan points program to mitigate consumption fall ends Tuesday

The government's shopping point reward program for promoting cashless payments, which appears to have had only a limited impact on consumption, is ending Tuesday. The program was introduced last year to mitigate the impact on spending of the October consumption tax hike from 8 percent ...

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 ...