
Business / Economy Jan 22, 2021
Japan retains economic view in January despite virus emergency
In its monthly report, the Cabinet Office revised its views downward on private consumption and corporate business sentiment.
Japan retains economic view in January despite virus emergency
In its monthly report, the Cabinet Office revised its views downward on private consumption and corporate business sentiment.
BOJ keeps policy steady as virus bites, anticipating brighter fiscal 2021
The bank concluded that weaker growth at the end of the current fiscal year and a stimulus package announced last month will result in a stronger rebound in the year starting April.
Japan's exports fell 11% in 2020, taking biggest hit in 11 years amid pandemic
By item, the nation's car exports plummeted 20.0% from 2019, and those of auto parts declined 19.1%.
Per-customer sales grew 6.4% to ¥673.2, hitting a record high for the seventh straight year, thanks to growing bulk buying of home-related goods amid the virus crisis.
JR West decided on its second company-wide furlough because of an expected drop in passengers after a fresh coronavirus state of emergency was declared in some prefectures including Osaka.
BOJ starts policy meeting as second virus emergency hits economy
The BOJ is set to announce on Thursday its quarterly economic outlook report with its assessment on the current state.
Keidanren sees pay hikes across board as 'unrealistic' amid pandemic
The Japanese Trade Union Confederation is set to demand a hike of around 2% in basic pay in forthcoming management-labor wage talks.
Digital lead over Japan set to widen as China shrugs off virus
Fears are mounting that Japan will fall further behind the world's second-largest economy — perhaps the only major country to have achieved growth in 2020.
Bank of Japan policy review seen as fine-tuning, not game-changing
BOJ Gov. Haruhiko Kuroda has a history of delivering surprises, so investors have been left guessing about what the policy assessment announced last month will deliver, if anything.
Taro Aso vows to revive virus-hit economy and promote structural reforms
The finance minister told the Diet the government will prevent the number of coronavirus infections from rising further "while supporting employment and business."
Japan's expanded virus emergency to cut consumption by ¥2 trillion
The loss corresponds to 0.4% of Japan's annual gross domestic product in nominal terms.