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 ...)
Economy Week Ahead: Japan, Cares Act, Purchasing
Economic news out this week will reflect more fallout from the coronavirus pandemic and policy makers’ efforts to respond. ( read original story ...)
Osaka reports zero infections for first time in more than two months
Osaka has allowed some business operators, such as movie theaters, to reopen and restaurants and bars to extend their business hours to 10 p.m. from 8 p.m. March 9 was the last ti ... ( read original story ...)
Indonesia’s IPO fever cannot hide worsening economy
The odds do not favor IPO fever dominating the rest of 2020. President Joko Widodo's unsteady approach to the COVID-19 outbreak is emblematic of the problem. Jokowi came to office in 2014 with ... ( read original story ...)
Crypto Die-Hards Turn Back to Origins With Anti-Inflation Push
No matter to crypto die-hards. The future is brighter than ever, especially as central banks around the world pump cash into listing economies, threatening a wave of inflation if growth were to snap ... ( read original story ...)
SoftBank Vision Fund strategy under scrutiny as deals stall
TOKYO -- SoftBank Group founder and Chairman ... "Most companies that had planned to exit in the near term, whether through acquisition or IPO, are likely changing or delaying their plans ... ( read original story ...)
Virus-hit Diamond Princess leaves three months after quarantine debacle in Yokohama
The Diamond Princess, the coronavirus-stricken cruise ship that was quarantined in the port of Yokohama in February, left for Malaysia on Saturday for its ... ( read original story ...)
Japan COVID-19 doctors lack fresh masks, hazard pay: union survey
Japanese hospital doctors on the front line of the COVID-19 pandemic face tough working conditions, with many reusing masks and few getting hazard pay, a survey by a labour union showed. ( read original story ...)
China and South Korea consult Japan on easing business-travel curbs: Report
China and South Korea have consulted Japan about easing border controls on business travellers to help revive business activities, the Yomiuri newspaper reported on Sunday (May 17) without citing ... ( read original story ...)