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May 03, 2024
 

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RECESSION

Japan Times
BUSINESS / Economy
Mar 8, 2019
Japan's fourth-quarter GDP upgraded, but business conditions index continues downtrend
Japan's economy grew an annualized real 1.9 percent in the October-December period, upgraded from preliminary data thanks to an upswing in capital expenditure, the government said Friday.
BUSINESS / Economy
Feb 15, 2019
Fannie-Freddie watchdog pick Mark Calabria urges Congress to overhaul U.S. housing giants to avoid losses
President Donald Trump's pick to lead Fannie Mae and Freddie Mac's regulator pledged to work with Congress on overhauling the companies, while downplaying controversial positions he's previously laid out on everything from the 30-year-mortgage to affordable housing initiatives.
Japan Times
WORLD / Politics
Jan 24, 2019
Bolsonaro says Brazil must reform or it will become the next Venezuela
Brazilian President Jair Bolsonaro pledged swift and sweeping measures to fix the economy and ward off what he said was a risk that Latin America's largest nation turns into a Venezuela-style regime.
Japan Times
BUSINESS
Jan 14, 2019
'Fork in the road': Top U.S. grocer says America's nervous about economic future
America's biggest supermarket chain is seeing signs that U.S. shoppers are getting nervous about the future.
Japan Times
BUSINESS / Economy
Jan 3, 2019
Grim start: Treasury yield curve, market's favorite recession indicator, flattens
Traders return to their desks in the new year with a familiar warning signal flashing even more strongly than before — the Treasury yield curve got even flatter, feeding the market's worst suspicions about the U.S. economy.
BUSINESS / Economy
Jan 1, 2019
Credit card trends aren't signaling a U.S. recession, analysts assure
November data reported by credit card issuers like American Express Co. and Capital One Financial Corp. may soothe some concerns about an impending recession and credit deterioration, analysts said. Those worries have been contributing to stock market swings in recent weeks, but the latest data look "benign to slightly improved" compared to a year ago, according to Compass Point.
Japan Times
BUSINESS / Economy
Dec 27, 2018
Trump's self-inflicted economic damage could cause Fed to pause as investors chill
President Donald Trump may get the Federal Reserve interest rate-hike pause he wants as his attacks on the Fed and the government shutdown roil stock markets and shave 2019 forecasts for economic growth.
Japan Times
BUSINESS / Markets
Dec 21, 2018
'Like catching a falling knife': Markets suffer worst year since global financial crisis
Traders will be glad to see the back of 2018. Nearly $7 trillion has been wiped off world stocks, emerging markets have been trampled flat by a charging dollar and even gold and U.S. government bonds have lost money.
Japan Times
BUSINESS / Economy
Dec 13, 2018
U.S. debt under Trump has ballooned by size of Brazil's GDP: Treasury
U.S. government debt is on track this year to rise at the fastest pace since 2012, as a stronger economy fails to keep pace with the wave of red ink that's rising under the Trump administration.
COMMENTARY / World
Nov 27, 2018
Was the Great Recession worse than the Great Depression?
Taking a look at more than just the jobless rate, it may have been, according to one economist.
Japan Times
BUSINESS / Economy
Oct 22, 2018
U.S. Treasury chief Steve Mnuchin dismisses risk of contagion from China's economic slowdown
U.S. Treasury Secretary Steven Mnuchin dismissed concerns that China's weakest economic growth since the global financial crisis could spill into other emerging markets and destabilise U.S. financial markets.
Japan Times
COMMENTARY / World
Sep 18, 2018
Legacies of the financial crisis
We can no longer rule out the possibility of another great depression.
WORLD
Aug 28, 2018
Millionaires jumping ship yet another symptom of Brazil's woes
Two thousand Brazilian millionaires left the country in 2017, according to the New World Wealth, a global market research group based in Johannesburg.
Japan Times
BUSINESS
Aug 15, 2018
Sarah Sanders claim of more black jobs during Trump era than in Obama's is dead wrong
White House Press Secretary Sarah Sanders falsely claimed that President Donald Trump has created three times as many jobs for black workers as his predecessor, Barack Obama, did during his entire time in office.
Japan Times
BUSINESS
Jul 30, 2018
Trump tariffs could trigger U.S. recession, billionaire Charles Koch tells GOP ranks
Billionaire Charles Koch said Sunday he worries President Donald Trump's actions on trade and tariffs put the booming U.S. economy at risk of recession.
Japan Times
BUSINESS / Economy
Apr 13, 2018
Japan to study measures to mitigate impact of 2019 sales tax hike
The government will examine steps to soften the impact of a consumption tax hike to be applied next year after a previous increase dampened consumption, the top government spokesman said Friday.
Japan Times
BUSINESS / Economy
Mar 12, 2018
London house prices drop at the fastest pace since 2009
London house prices are falling at the fastest pace since the depths of the recession almost a decade ago, with the capital's most expensive areas seeing the biggest declines.
Japan Times
COMMENTARY / World
Jan 16, 2018
Ready or not for the next recession?
Policymakers normally respond to recessions by cutting interest rates, reducing taxes, and boosting transfers to casualties of the downturn. But, for a combination of economic and political reasons, the U.S., in particular, is ill-prepared to respond normally.
BUSINESS
Oct 5, 2017
Marathon's Bruce Richards says next global recession may hit in 2019, sees 'huge opportunities'
Marathon Asset Management boss Bruce Richards is gearing up for the next global recession, which he reckons could be less than two years away.
Japan Times
BUSINESS / FOCUS
Aug 3, 2017
China's fear of becoming Japan fueling crackdown on leverage, corporate buying sprees
President Xi Jinping's top economic adviser commissioned a study earlier this year to see how China could avoid the fate of Japan's epic bust in the 1990s and decades of stagnation that followed.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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