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May 02, 2025
 

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US ECONOMY

Japan Times
WORLD
Apr 10, 2020
Amid pandemic, it’s getting a lot harder to ship food around the world
The port backups that have paralyzed food shipments around the world for weeks aren’t getting much better. In fact, in some places, they’re getting worse.
Japan Times
BUSINESS / Economy
Apr 10, 2020
EU finance chiefs agree on €540 billion virus rescue package
European Union finance ministers agreed on a €540 billion ($590 billion) package of measures to combat the economic fallout of the global pandemic.
Japan Times
BUSINESS / Economy
Apr 10, 2020
For first time in 11 years, BOJ lowers forecast for all Japan regions
The Bank of Japan cut its assessment of the nation's nine regional economies in light of the damage caused to production, consumption and corporate finances by the coronavirus pandemic, with new emergency restrictions set to add to the pain.
Japan Times
BUSINESS
Apr 10, 2020
Virus pandemic pushes Japan’s shoppers to finally buy online
Now that the government is urging consumers and businesses to step up efforts to contain the coronavirus outbreak, shoppers may finally have no excuse but to embrace e-commerce and wean themselves from brick-and-mortar stores.
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.
BUSINESS / Companies
Apr 8, 2020
Coronavirus forces Japanese firms to weigh hybrid online-offline shareholders meetings
Corporate law requires firms to set a physical venue for the meeting, but the government has confirmed online options are legal — with a caveat.
Japan Times
BUSINESS / Economy
Apr 8, 2020
Japan to contract at 25% rate despite stimulus, Goldman Sachs predicts
Even with a record stimulus package, Japan’s economy is heading toward a record contraction of 25 percent this quarter after Prime Minister Shinzo Abe declared a state of emergency in Tokyo, Osaka and some other parts of the country, according to Goldman Sachs.
Japan Times
BUSINESS / Economy
Apr 8, 2020
Pandemic to wipe out 6.7% of working hours worldwide in second quarter
The COVID-19 pandemic is expected to wipe out 6.7 percent of working hours globally in the second quarter of this year, equivalent to the labor of 195 million full-time workers, the International Labor Organization said on Tuesday.
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.
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
Key food prices surge in some areas after virus upends supply chains
As the coronavirus pandemic penetrates more deeply into global supply chains, prices for key staples are starting to soar in some parts of the world.
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
Apr 6, 2020
Reeling world economy slammed by dangerous disinflationary shock
The sinking global economy is suffering through a colossal disinflationary shock that could briefly push it into dangerous deflation territory for the first time in decades.
Japan Times
BUSINESS / Economy
Apr 6, 2020
Jobs destroyed worldwide as coronavirus triggers deep recession
The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
Israel protests after Kyoto inn seeks war crime declaration from tourist
A street in Kyoto in March 2023. An Israeli tourist was asked to sign a document stating that he had not committed war crimes when he checked in at a Kyoto guesthouse in April, prompting a response from Israel's ambassador.
U.S. and Ukraine sign resources deal after fraught negotiations
The United States and Ukraine signed a minerals deal on Wednesday, offering a measure of assurance to officials in Kyiv.
Puzzling decisions and opaque rankings are all part of sumo's charm
Chiyoshoma (right) battles Churanoumi during the New Year Basho in Tokyo in January. The Mongolian's drop down the sumo rankings ahead of the May tournament was one of the biggest surprises of the latest banzuke.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
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.
Ishiba hears advice from across the aisle on how Japan should handle Trump
Prime Minister Shigaru Ishiba and CDP head Yoshihiko Noda at a parliamentary session in Tokyo on April 23.
Don't send in the clones: AI event nixed as Alt accounts get reality check
A screenshot from the website for Alt's AI conference, which was canceled after the company disclosed an investigation into its sales figures.
CDP submits bill proposal on separate surnames, but challenges remain
Constitutional Democratic Party of Japan lawmakers speak to reporters in parliament on Wednesday after submitting a bill in the Lower House to allow married couples to retain different surnames.
Puzzling decisions and opaque rankings are all part of sumo's charm
Chiyoshoma (right) battles Churanoumi during the New Year Basho in Tokyo in January. The Mongolian's drop down the sumo rankings ahead of the May tournament was one of the biggest surprises of the latest banzuke.
North Korea's Kim sets sights on nuclear-armed navy
An unidentified weapons system is fired from the deck of North Korea's latest destroyer, the Choe Hyon, during two days of tests on Monday and Tuesday in this undated photo released Wednesday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Alex K.T. Martin

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