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May 17, 2024
 

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U S SPENDING

Japan Times
BUSINESS / Economy
Jun 5, 2020
Japan's household spending falls at record pace as coronavirus stalls economy
Many analysts expect consumption to have bottomed out in April or May, as businesses re-open after last month's lifting of nationwide lockdowns.
Japan Times
BUSINESS / Companies
Jun 3, 2020
Despite pandemic, Uniqlo to open new store in Tokyo's Harajuku
The opening of the shop follows a 56.5 percent plunge in Fast Retailing's domestic same-store sales in April, its worst year-on-year decline.
Japan Times
BUSINESS
Jun 3, 2020
Japan banks and cashless payment firms to explore future 'digital yen'
Three Japanese megabanks and cashless payment providers plan to set up a consortium this month in a bid to streamline and interoperate their services, a project that could evolve into the introduction of the "digital yen" envisaged by the Bank of Japan, sources close to the matter said Wednesday.
Japan Times
BUSINESS
Jun 1, 2020
Pandemic opens door to ideas new and old for a better economy
Governments have already cast aside dogmas at least temporarily to protect companies and jobs in the deepest peacetime recession in almost a century.
Japan Times
BUSINESS / Economy
May 29, 2020
Consumer confidence up for first time in five months in Japan
The figure is the second-lowest since April 2004 and lower than the 27.5 posted in January 2009 during the global financial crisis.
Japan Times
BUSINESS / Economy
May 22, 2020
Japan's core consumer prices show first fall in 40 months
Officials said it was too early to say whether the latest decline, the first since December 2016, was a sign of deflation.
Japan Times
BUSINESS / Economy
May 1, 2020
IMF chief lauds Japan's spending to combat pandemic, urging others to step up
IMF chief Kristalina Georgieva praised on Thursday Japan's plans to spend about 20 percent of its gross domestic product in response to the economic challenges of the COVID-19 pandemic and to help the world's poorest countries, urging others to do their part.
Japan Times
BUSINESS / Economy
Apr 30, 2020
In Japan's record stimulus, which cleared the Diet, what will be on offer?
The government is trying to shield the nation's economy with a gargantuan stimulus package financed by a supplementary budget bill that cleared the Diet Thursday.
Japan Times
BUSINESS / Economy
Apr 28, 2020
Stimulus steps cannot easily buoy coronavirus-hit economy, Abe says
Speaking in a parliamentary session, Abe said the current economic situation is 'psychologically more challenging than the Great Depression' in the 1930s.
Japan Times
JAPAN
Apr 27, 2020
Japanese government submits massive extra budget to fight coronavirus
The government submitted to the Diet the u00a525.69 trillion budget to fund a package of emergency measures aimed at mitigating the economic fallout from COVID-19.
Japan Times
BUSINESS / Economy
Apr 20, 2020
Japan's emergency stimulus reaches ¥117 trillion as virus crisis deepens
The government's emergency package to cushion the economy from impacts of the COVID-19 pandemic has reached ¥117.1 trillion after the government approved a revised supplementary budget for fiscal 2020 on Monday.
Japan Times
BUSINESS / Economy
Apr 16, 2020
Japan should drop strings on virus aid, economist says
The government is getting its response to the virus wrong by adding strings to its financial assistance for companies and people, and by not engineering a tighter lockdown, according to best-selling author and economist Yukio Noguchi.
Japan Times
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.
Japan Times
BUSINESS / Companies / FOCUS
Apr 8, 2020
Skeptical economists call Japan's largest-ever stimulus package 'puffed up'
To counter the economic crisis caused by the global coronavirus pandemic, Japan adopted on Tuesday its largest-ever emergency economic package worth ¥108 trillion, equivalent to about 20 percent of its gross domestic product.
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.
Japan Times
BUSINESS / Economy
Apr 7, 2020
Rush to buy masks and toilet paper slows Japan's decline in household spending
Consumer spending fell in February but at a slower than expected pace as households scrambled to buy protective masks, toilet paper and food staples amid the worsening COVID-19 pandemic.
Japan Times
BUSINESS / Economy
Apr 7, 2020
No turning back after central bankers' 'seismic' stimulus shift
The world's top central bankers have pulled out all the stops in their fight against the coronavirus fallout, taking money printing to extremes that may become the new normal long after the pandemic is over.
Japan Times
BUSINESS
Apr 6, 2020
Abe unveils 'massive' coronavirus stimulus worth 20% of GDP
Prime Minister Shinzo Abe pledged Monday to roll out an unprecedented economic stimulus package equal to 20 percent of economic output as his government vowed to take "all steps" to battle deepening fallout from the coronavirus.
Japan Times
BUSINESS / Economy
Mar 31, 2020
Japan's ruling party asks for ¥60 trillion stimulus to aid virus-hit economy
The Liberal Democratic Party is calling for a ¥60 trillion ($556 billion) stimulus package to help households and small businesses survive the fallout from the coronavirus outbreak.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.

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By Mai Yoshikawa

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