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 ...)
Japan slips into recession, and the worst may be yet to come
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 ...)