Tag - economy

 
 

ECONOMY

Japan Times
COMMENTARY / Japan
Jun 26, 2020
Japan’s structural problems exposed by COVID-19 crisis
A crisis exposes the contradiction inherent in a society in various forms. That is an important lesson from history. The confusion caused by the COVID-19 crisis has brought various problems of Japanese society into focus. But that also means an opportunity to drastically reform society in one go. It...
Japan Times
BUSINESS / Economy
Jun 26, 2020
Bank of Japan likely to cut economic forecasts again on COVID-19
The IMF now sees Japan's economy contracting more than first thought as it takes a 5.8 percent hit in 2020 from the virus.
Japan Times
COMMENTARY / World
Jun 24, 2020
America is on the road to relapse, not recovery
The U.S. isn't following the example of countries that have shown what a “smart reopening” entails.
BUSINESS
Jun 24, 2020
Aging administrative pipeline holds back Japan's ¥230 trillion virus-response aid
Slow response due to small government and lack of digitalization has seen some companies go out of business.
Japan Times
BUSINESS / Companies
Jun 24, 2020
Japan's retailers gain as sales data hints at post-outbreak rebound
Nitori same-store sales jumped 47 percent in June from the same month the previous year, the most on record in data going back to 2012.
Japan Times
BUSINESS / Economy
Jun 23, 2020
Japan seeks closure in post-Brexit U.K. trade talks by end of July
Japan is aiming to conclude its current trade negotiations with the U.K. by the end of next month, according to a Japanese government official familiar with the talks.
Japan Times
BUSINESS / Economy
Jun 22, 2020
Surge in coronavirus cases jolts prospects for world economy
The global economy’s fragile recovery is facing a fresh hurdle as a surge in coronavirus cases threatens to keep businesses closed and consumers on edge.
BUSINESS
Jun 19, 2020
Fearing germs on steering wheels, Japanese shun car-sharing
With people being asked to stay at home, car rental services took a hit across the country.
Japan Times
BUSINESS / Companies
Jun 18, 2020
Majority of Japan firms cutting jobs and pay to survive pandemic
Over half of the respondents criticized the government's response, dashing hopes for a solid recovery.
Japan Times
BUSINESS / Economy
Jun 18, 2020
Japan banks' overseas investments hit high despite market turmoil
The banks are piling into risky debt overseas to beat their lowly returns on interest rates at home.
BUSINESS
Jun 17, 2020
Summer bonuses at major Japanese firms down 6%
The average bonus at major Japanese companies this summer will fall 6.0 percent from a year before to ¥925,947 due to the coronavirus pandemic and a slowdown in the global economy, the Japan Business Federation, or Keidanren, said in a preliminary survey report Wednesday.
Japan Times
BUSINESS
Jun 17, 2020
U.K. says it aims to join Trans-Pacific free trading group
The United Kingdom announced Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership.
Japan Times
COMMENTARY / World
Jun 17, 2020
Street vendors won’t save China’s economy
A new push to welcome informal workers back onto the streets will create more problems than it solves.
Japan Times
COMMENTARY / Japan
Jun 17, 2020
Japan’s new wave: Cash, bankruptcies and inequality
The pandemic will widen the wealth gap. Bigger firms will survive, while the small decide it's not worth it.

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?