Hosts around the world lead affordable, virtual meet-ups on Buddhist meditation, Spanish flameco guitar, Italian pasta making, goat rescue and more. ( read original story ...)
Japan’s Export-Dependent Economy Falls Into Recession In First Quarter, Second Quarter May Be Worse
Japan, the world’s third largest economy, has slipped into recession for the first time in five years as the coronavirus pandemic continues unabated. Japanese gross domestic pro ... ( read original story ...)
Japan’s economy slips into recession amid pandemic
Japan has slipped into a recession as its economy sank for a second straight quarter, officials said Monday, making it the strongest economy to see its productivity greatly decline amid the ... ( read original story ...)
Japan launches new unit to step up defense in outer space
Defense Force, starts with 20 members and is expected to grow to about 100 members once the unit is fully operational in 2023. The role of the unit is mainly to monitor and protect Japan ese ... ( read original story ...)
Disrupted supply chains push Japan into recession
The pandemic has tipped the Japanese economy into recession.Output fell by 3.4 per cent between January and March as severe disruption to supply chains caused exports to plummet at their fastest pace ... ( read original story ...)
Takashimaya reopens main main department store Tokyo’s Nihonbashi district
Department store operator Takashimaya Co. on Monday reopened most of the sales floors at its flagship outlet in the Nihonbashi district in Tokyo after bein ... ( read original story ...)
Japan Officially Slides Into Recession – and the Worst Is Yet to Come
Even with a partial lifting of restrictions on economic activity in recent days, other major economies are expected to join Japan in recession in the current quarter as households limit spending to ... ( read original story ...)
Japan to Put off Bid to Raise Prosecutors’ Retirement Age After Backlash
NHK public broadcaster said the decision to put off the bid to raise the retirement age was made in a meeting between Prime Minister Shinzo Abe and Toshihiro Nikai, secretary gene ... ( read original story ...)
SoftBank Group reports record losses on virus, WeWork woes
Struggling Japanese conglomerate SoftBank Group on Monday reported record losses, as the coronavirus pandemic compounded woes caused by its investment in troubled office-sharing start-up WeWork. ( read original story ...)
Japan’s economy falls into recession as virus takes its toll
Last week, Germany slipped into recession as more major economies face the impact of sustained lockdowns. Japan didn't go into full national lockdown but issued a state of emergency in April severely ... ( read original story ...)
Coronavirus live news: India extends lockdown as Japan falls into recession
Daily death tolls fall in UK, Spain and Italy; South Africa reports highest daily increase; global infections pass 4.7 million. Follow the latest updates ... ( read original story ...)
Alibaba’s Jack Ma Quits Board of Japan’s Struggling SoftBank
Chinese billionaire Jack Ma is stepping down from the board of SoftBank Group Corp., as the Japanese technology company struggles over its risky investments such as office-sharing venture WeWork. ( read original story ...)
Japan’s Q2 GDP could drop by 10% quarter on quarter: Credit Suisse Securities
GDP is expected to drop by 10% quarter on quarter this year, with its fiscal stimulus response likely to peak in July, says Hiromichi Shirakawa, chief economist for Japan at Credit Suisse Securities ... ( read original story ...)
Can Japan’s laws adapt to pandemic-era privacy needs?
Identity-based discrimination is a part of Japanese law, but could our own experiences with the new coronavirus become part of our identity? ( read original story ...)
Glencore, Tohoku Electric set coal contract price at $68.75/T -Nikkei
Global miner Glencore Plc and Japan's Tohoku Electric Power agreed on a price of $68.75 per tonne for supplies of thermal coal from Australia for the year through March 2021, the Nikkei business daily ... ( read original story ...)
Tokyo stocks gain as virus cases slow in Japan, but U.S.-China tensions weigh
Japanese shares rose on Monday as signs of a slowdown in coronavirus infections raised optimism that the government would soon ease restrictions in additional prefectures, although escalating ... ( read original story ...)