Japan department store sales dive 71.5% in April

Business / Corporate May 29, 2020

Japan department store sales dive 71.5% in April

Department store sales in Japan plummeted 71.5 percent from a year earlier in April as many stores were shut amid the government-declared COVID-19 state of emergency, the industry ministry said Friday. The drop was the largest since comparable records began in January 1980. On the other ...

Business / Economy May 19, 2020

U.K. jobless claims surge by record amount as pandemic hits

Unemployment claims in Britain jumped by a record amount in April to their highest level since the 1990s, underscoring the impact the COVID-19 pandemic is having on the economy despite government programs to keep workers on payrolls. Jobless claims surged by 856,000 in April, to ...

Japan economic index sees biggest fall in nine years

Business / Economy May 12, 2020

Japan economic index sees biggest fall in nine years

The coronavirus outbreak caused a key index of the current state of the economy to fall in March by the biggest margin in nine years, government data showed Tuesday. The coincident index of business conditions fell 4.9 points from February to 90.5 against the 2015 ...