MORE Japanese firms are expanding business in Southeast Asia and scaling down operations in China due to its escalating tensions with the United States, reported Vietnam News Agency. Japan External ... ( read original story ...)
Japan’s Economy Takes Record Hit With Virus Clouding Outlook
Japan’s economy suffered a record contraction last quarter as a state of emergency and lockdowns in the country’s major export markets hammered consumer spending, production and exports. A recent ... ( read original story ...)
Japan economy shrinks record 7.8% in April-June
June quarter, the worst contraction in the nation's modern history, data showed Monday, as the coronavirus deepens the country's economic woes. ( read original story ...)
Asia stocks trade lower as U.S.-China tensions remain; Japan’s economy shrinks in second quarter
June, according to government data released Monday. That was the sharpest contraction on record, according to Reuters. ( read original story ...)
Japanese economy contracted at record rate of 27.8% in April-June, slammed by weaker spending and trade
Government data show that Japan’s economy contracted at a annual rate of 27.8% in April-June, the worst downturn on record, as the coronavirus pandemic slammed consumption and trade Iowa Gov. Kim ... ( read original story ...)
Japan’s economy minister vows to take ‘flexible, timely’ action to support growth
Japan’s government will take “flexible, timely” action to support an economy hit by the coronavirus pandemic, Economy Minister Yasutoshi Nishimura said on Monday. “We hope to do our utmost to push ... ( read original story ...)
Bitcoin To ‘Ignite’ After Labour Day, Warns Former Prudential CEO In Surprise Crypto Flip
George Ball, the chief executive of investment firm Sanders Morris Harris and former chief executive of Prudential Securities, has changed his tune on bitcoin, switching from being a bitcoin "opponent ... ( read original story ...)
Japan’s World-Beating Stocks Are Shrugging Off GDP Woes
(Bloomberg) -- Japan’s economy shrank last quarter by the most in data going back to 1955 amid the pandemic. But investors don’t mind -- its stock market is beating the world. The Topix Index is the ... ( read original story ...)
Japan economy shrinks historic 7.8% in April-June
June quarter, the worst contraction in the nation's modern history, as the coronavirus deepens the country's economic woes. It was the third straight quarter of negative growth, confirming a deepening ... ( read original story ...)
When is the Japan Preliminary Q2 GDP and how could it affect USD/JPY?
Japan’s Finance Ministry is up for releasing the preliminary reading of the second quarter (Q2) 2020 Gross Domestic Product (GDP) figures at 23:50 GMT on Sunday, early Monday morning in Asia. Market ... ( read original story ...)
Tokyo Olympics may not go ahead in 2021
A leading Japanese researcher has said that unless a COVID-19 vaccine is developed - the Tokyo Olympics will not go ahead. ( read original story ...)
Japan’s economy shrinks at record pace as coronavirus hits spending
Gross domestic product (GDP) shrank an annualized 27.8% in April-June, government data showed on Monday, marking the biggest decline since 1980. ( read original story ...)
Japan’s Economy Contracts 7.8 Percent, Worst on Record
The quarterly slide, an annualized decline of 27.8 percent, coincides with a long and uncertain road to recovery. ( read original story ...)
Japan’s Economy Shrinks in Second Quarter
The Japanese economy shrank less than the U.S. and European economies did in the April-June quarter, but it fared worse than Asian counterparts. ( read original story ...)
Beaches closed as heat wave grips Japan
After rounds of flooding rainfall devastated parts of Japan during the month of July, a change in the weather pattern has brought hot and dry conditions to the country. But restrictions from the ... ( read original story ...)
Crypto Long & Short: The Surprisingly Sunny Outlook for Crypto Hedge Funds
Bitcoin returns are beating crypto hedge funds, but other recent developments point to more favorable tailwinds for those funds in the long term. ( read original story ...)