Japan's GDP shrank by 3.4 percent in the first quarter as its main export markets were crushed by coronavirus lockdowns. ( read original story ...)
Japan slips into recession, slump set to worsen as pandemic wreaks havoc
Japan’s economy slipped into recession for the first time in 4-1/2 years, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers. ( read original story ...)
Global report: US unemployment could hit 25%, warns Fed chairman, as Japan enters recession
India extends Covid-19 lockdown but eases many restrictions; South Africa reports highest daily new cases; World Health Assembly to begin ... ( read original story ...)
Japan Post Bank Tumbles Most on Record on Weak Forecast
Japan Post Bank Co. plunged by a record in Tokyo on Monday after it forecast profit that missed analysts’ expectations, failed to give guidance on dividend payments, and booked paper losses on some ... ( read original story ...)
Japan Post Bank Shares Tumble Most on Record After Earnings
Japan Post Bank Co. fell by a record in Tokyo on Monday morning after reporting earnings that included large paper losses on structured credit products, and forecasting a drop in profit this year.The ... ( read original story ...)
Tokyo shares rise as virus cases slow in Japan, but U.S.-China tensions weigh
Tokyo stocks edged higher on Monday as signs of a slowdown in coronavirus infections raised optimism that Japan would soon ease restrictions in additional prefectures, although escalating Sino-U.S. ( read original story ...)
Mitsubishi Electric Begins Demonstrating Local 5G System in Japan
Mitsubishi Electric Corporation (TOKYO: 6503) today announced that its Nagoya Works in Nagoya, Aichi Prefecture has begun a demonstration test of a local 5G system, which Japan’s Ministry of Internal ... ( read original story ...)
BLACKPINK Announce New Singles This Summer, Full Album For September
BLACKPINK will make their highly anticipated return to the music scene with a multi-pronged approach that strays from the usual K-pop model. ( read original story ...)
Japan’s economy slips into recession amid coronavirus woes
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 ...)
Japan’s growth drops amid pandemic, worse times likely ahead
Japan's economic growth plunged into recession in the first quarter as the coronavirus pandemic squelched production, exports and spending, and fears are growing worse times may ... ( read original story ...)
Garuda to refocus on cargo while ending London and Nagoya flights
Garuda Indonesia intends to give air freight a greater emphasis this year, targeting a 10% rise in cargo revenue, and will end its flights to London and Nagoya. In an investor presentation on its full ... ( read original story ...)
Japan slips into recession, worst yet to come as pandemic wreaks havoc
Japan's economy slipped into recession for the first time in 4-1/2 years, GDP data showed on Monday, putting the nation on course for its deepest postwar slump as the coronavirus crisis takes a heavy ... ( read original story ...)
Japan Falls Into Recession, and Worse Lies Ahead
Despite signs of success in fighting the coronavirus, the world’s third-largest economy will struggle for months to come as it tries to reopen for business. ( read original story ...)
Japan’s Economy Fell Into Recession in First Quarter of 2020
The third-largest economy slipped into a recession by one common definition in the first quarter of 2020, with worse expected in the current quarter. ( read original story ...)
Japan’s economy to slump significantly due to pandemic: economy minister
Japan's economy is expected to slump significantly due to sluggish overseas demand blamed on the coronavirus pandemic, Economy Minister Yasutoshi Nishimura said on Monday. ( read original story ...)
Japan’s economy slips into recession
Japan dived into its first recession since 2015, according to official data Monday, with the world's third-largest economy contracting by 0.9 percent in the first quarter as it wrestles with the ... ( read original story ...)