Tag - us-economy

 
 

US ECONOMY

Japan Times
BUSINESS / Companies
Apr 6, 2020
Some WeWork staff planned their lives around a stock deal that just collapsed
Teddy Kramer worked at WeWork from 2013 to 2015. When he left the company, he had been a director of new market development, helping the coworking startup open new offices in different regions. He’d put in the time and been granted shares in the company. At first, he thought he might be able to sell...
Japan Times
JAPAN / Society
Apr 5, 2020
Japan’s homeless at risk from coronavirus pandemic
Many of Tokyo's homeless also have underlying health problems, making them particularly vulnerable as cases of COVID-19 continue to climb in the capital.
Japan Times
JAPAN / Media / MEDIA MIX
Apr 4, 2020
Who suffers the most from the postponement of the 2020 Tokyo Olympics?
Media outlets have long been trying to figure out what cancellation or postponement of the games would mean to Japan economically. They now have a much better idea.
Japan Times
BUSINESS / Economy
Apr 4, 2020
IMF sees coronavirus-induced global downturn 'way worse' than financial crisis
Speaking at a rare joint news conference with the leader of the WHO, the IMF managing director called on advanced economies to step up their efforts to help emerging markets and developing countries.
Japan Times
BUSINESS / Economy
Apr 3, 2020
Coronavirus threatens revival of Japan's deflationary nemesis
Years after Japan made a cautious recovery from its long deflationary spell, the world's third-largest economy may be headed back into a cycle of falling prices as the coronavirus threatens a deep downturn and policymakers struggle for options.
Japan Times
BUSINESS / Economy
Apr 3, 2020
U.S. jobless claims soar to once-unthinkable record 6.65 million
The number of Americans applying for unemployment benefits soared to a record 6.65 million last week, a level unimaginable just a month ago.
BUSINESS / Economy
Apr 2, 2020
Financial stimulus in rich countries could worsen fates of poorer economies
A massive exodus of capital from emerging economies has left many in a Catch-22 position, where adopting the kinds of monetary and fiscal stimulus measures the rich world is deploying could perversely make things worse.
Japan Times
COMMENTARY / Japan
Apr 2, 2020
Policy goal: How to get from good to great
As Japanese and global policymakers are rushing to design policies to counter the looming economic depression, advice from one of my favorite economists, Jean-Baptiste Say, comes to mind. In 1803 he wrote: “In policy as well as in morality, the grand secret is not to constrain the actions, but to awaken...
Japan Times
BUSINESS / Companies
Apr 2, 2020
SoftBank abandons $3 billion WeWork share purchase deal
SoftBank Group Corp. is scrapping an agreement to spend $3 billion (¥322 billion) to buy WeWork stock from former CEO Adam Neumann and other shareholders, despite threats of legal action from some members of the company’s board.
Japan Times
COMMENTARY / Japan
Apr 1, 2020
NSC change prepares Japan for new global realities
Japan is moving toward a wiser decision-making process when it comes to key security questions.
Japan Times
BUSINESS / Economy
Mar 31, 2020
Japan factory output slows, with worse expected as virus grips economy
Industrial output rose in February at a slower pace than the previous month and factories believe production plunged in March, adding to growing signs that the coronavirus pandemic is taking a toll on an economy already on the cusp of recession.
Japan Times
BUSINESS / Economy
Mar 30, 2020
‘Jobs for life’ in South Korea and Japan set to cushion virus blow
A longtime thorn for businesses and productivity in Japan and South Korea is set to prove a bulwark for those economies as the coronavirus threatens millions of jobs around the world.
Japan Times
BUSINESS / Companies
Mar 29, 2020
SoftBank’s big bet on sharing economy backfires with coronavirus
Masayoshi Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices.
BUSINESS
Mar 29, 2020
Japan restaurants embrace takeout and seek regulars’ help in COVID-19 crisis
Restaurants in Japan are navigating rough waters amid the COVID-19 pandemic, inspiring new ideas as they try to come up with ways to remain afloat.
Japan Times
BUSINESS
Mar 29, 2020
Japanese hotels lose out on Olympic bet as coronavirus spreads
The Osaka Corona Hotel has been eerily quiet and empty the past few weeks.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami