Izumi Devalier of Bank of America Global Research says it will take a long time for Japan's economy to get back to pre-pandemic levels, despite forward-looking data suggesting an improvement. She also ... ( read original story ...)
Nikkei eases on auto export slump, geopolitical tensions
Japanese shares fell on Wednesday as automakers dragged on weak export data, while escalating tensions between North Korea and South Korea also doused the market sentiment. ( read original story ...)
Japan manufacturers’ mood turns gloomier as virus damage spreads
Worries about the deepening impact of the new coronavirus kept Japanese business confidence depressed in June, as firms braced for a prolonged global economic downturn, the Reuters Tankan survey ... ( read original story ...)
Japan’s May exports, imports log biggest on-year fall in 10 yrs
Japan's exports and imports in May both posted the largest year-on-year drops in more than 10 years, reflecting rapidly weakened over ... ( read original story ...)
Japan’s exports fall most since 2009 as virus hits U.S. shipments
Japan's exports fell in May at the fastest pace since the 2009 global financial crisis as U.S.-bound car shipments plunged, bolstering expectations for a deep contraction in the world's third-largest ... ( read original story ...)
Japan’s exports, imports sank in May amid pandemic fallout
Japan’s exports sank 28% in May, while imports dropped 26% as the coronavirus pandemic slammed global trade. The provisional Ministry of Finance data, ... ( read original story ...)
Ruined: Why the Battle of Midway Was Such a Terrible Loss for Imperial Japan
While elated over his forces’ victory at Pearl Harbor, the commander-in-chief of the Imperial Japanese Navy, Admiral Isoroku Yamamoto, knew unfinished business lay ahead. His dive-bombers and torpedo ... ( read original story ...)
Crypto Founder Admits He Cheated Investors Out of $25 Million
The founder of a cryptocurrency firm admitted to conspiring to dupe investors into committing more than $25 million to the enterprise by lying about an initial coin offering. ( read original story ...)
Exclusive: Borrowing Dollars Against Bitcoin And Crypto Is About To Get A Lot Easier
San Francisco-based crypto custodian Anchorage has teamed up with crypto-friendly lender Silvergate to offer bitcoin and crypto-backed loans without the digital assets having to leave Anchorage's ... ( read original story ...)
Fire breaks out on cruise ship docked near Tokyo; operator investigating cause
A fire broke out on one of Japan’s largest cruise ships on Tuesday, though the cause of the blaze has yet to be determined. The Asuka II, which was docked in Yokohama with 153 crew members onboard, ... ( read original story ...)
Neurocrine Biosciences and Takeda Announce Collaboration to Develop and Commercialize Potential Therapies for Psychiatric Disorders
Neurocrine Biosciences and Takeda announced a strategic collaboration for compounds in Takeda’s early-to-mid-stage psychiatry pipeline. ( read original story ...)
Sapporo Snow Festival to be scaled down in 2021 due to pandemic
The annual snow festival held in Sapporo in February will be scaled down next year with the sculpting of large-scale ice statues canceled due to the ongoin ... ( read original story ...)
Fire breaks out on Japanese cruise ship docked in Yokohama Port, no injuries
A fire broke out on a cruise ship docked at a port near Tokyo on Tuesday, with crew members and dozens of firefighters and coast guard personnel taking hours to extinguish it. ( read original story ...)
Bank of Japan pledges $1tn in coronavirus loans
The Bank of Japan has boosted its coronavirus lending programme to more than $1tn but kept monetary policy on hold as governor Haruhiko Kuroda signalled on Tuesday that it would be years before there ... ( read original story ...)
$2,000 for a Watermelon? That’s a Bargain as Deflation Returns in Japan
Japan, the first modern advanced economy to tackle deflation more than two decades ago, is facing the return of its stubborn foe. ( read original story ...)
Fire breaks out on cruise ship docked in Yokohama
Black smoke was billowing Tuesday from Asuka II, a cruise ship docked at Yokohama Port as crew members and dozens of firefighters and coast guard personnel battled to control it. Kyodo News reported ... ( read original story ...)