Tag - economy

 
 

ECONOMY

BUSINESS / Economy
Apr 15, 2020
Telework giving the global economy a glimpse of the virtual future
The lockdown gripping much of the world economy has spurred a real-time stress test of the long-heralded digital future.
Japan Times
BUSINESS / Economy
Apr 13, 2020
OPEC and Russia approve biggest-ever oil cut amid pandemic
After four days of talks, the group known as OPEC Plus has agreed to reduce output by 9.7 million barrels per day for May and June.
Japan Times
WORLD
Apr 10, 2020
Amid pandemic, it’s getting a lot harder to ship food around the world
The port backups that have paralyzed food shipments around the world for weeks aren’t getting much better. In fact, in some places, they’re getting worse.
Japan Times
BUSINESS / Economy
Apr 10, 2020
EU finance chiefs agree on €540 billion virus rescue package
European Union finance ministers agreed on a €540 billion ($590 billion) package of measures to combat the economic fallout of the global pandemic.
Japan Times
BUSINESS / Economy
Apr 10, 2020
For first time in 11 years, BOJ lowers forecast for all Japan regions
The Bank of Japan cut its assessment of the nation's nine regional economies in light of the damage caused to production, consumption and corporate finances by the coronavirus pandemic, with new emergency restrictions set to add to the pain.
Japan Times
BUSINESS
Apr 10, 2020
Virus pandemic pushes Japan’s shoppers to finally buy online
Now that the government is urging consumers and businesses to step up efforts to contain the coronavirus outbreak, shoppers may finally have no excuse but to embrace e-commerce and wean themselves from brick-and-mortar stores.
JAPAN / Politics / ANALYSIS
Apr 8, 2020
Behind the scenes, an LDP power struggle over record-size economic package
As the Cabinet approved a record-breaking emergency stimulus package Tuesday, the deep-seated rivalries it has amplified within the ruling Liberal Democratic Party were hidden from view.
BUSINESS / Companies
Apr 8, 2020
Coronavirus forces Japanese firms to weigh hybrid online-offline shareholders meetings
Corporate law requires firms to set a physical venue for the meeting, but the government has confirmed online options are legal — with a caveat.
Japan Times
BUSINESS / Economy
Apr 8, 2020
Japan to contract at 25% rate despite stimulus, Goldman Sachs predicts
Even with a record stimulus package, Japan’s economy is heading toward a record contraction of 25 percent this quarter after Prime Minister Shinzo Abe declared a state of emergency in Tokyo, Osaka and some other parts of the country, according to Goldman Sachs.
Japan Times
BUSINESS / Economy
Apr 8, 2020
Pandemic to wipe out 6.7% of working hours worldwide in second quarter
The COVID-19 pandemic is expected to wipe out 6.7 percent of working hours globally in the second quarter of this year, equivalent to the labor of 195 million full-time workers, the International Labor Organization said on Tuesday.
Japan Times
COMMENTARY / World
Apr 7, 2020
Coronavirus tests Abe’s leadership as economy stalls
The prime minister's economic package may look bold, but action comes late.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 7, 2020
Japan stimulus plan strengthens safety net, but experts split on handouts
Some economists say the financial aid should be focused on those in need while others say the proposed measure appears to be lacking fairness.

Longform

Construction equipment sits idle in a park near Shiba Toshogu shrine in Tokyo's Minato Ward. While Japan has a history of treating its trees with reverence, green coverage is said to be lacking in most of the major cities.
Do Japan's trees no longer occupy the sacred space they used to?