Japan on Tuesday announced a record 108.2 trillion yen ($994 billion) stimulus package to shield the economy from the coronavirus’ widening fallout as Prime Minister Shinzo Abe declares a state of ... ( read original story ...)
Japan finmin: not considering at all asking BOJ to finance debt
Japan's government is not considering at all asking the Bank of Japan now to finance its debt boosted by stimulus to contain the economic fallout from the coronavirus, Finance Minister Taro Aso said ... ( read original story ...)
Japan to Allow Companies to Extend Deadline for Submission of Financial Reports
Japan will allow companies to extend the deadline for submission of securities and financial reports until the end of September, amid difficulty closing their books for the year ended March 31 due to ... ( read original story ...)
Indonesia Overtakes Japan as Virus Upends Aviation Pecking Order
Indonesia has overtaken Japan to become the world’s third-biggest aviation market as airlines continue to slash passenger capacity because of the coronavirus, according to OAG Aviation Worldwide.The ... ( read original story ...)
Japan Finmin Dismisses Need for BOJ to Underwrite Debt Over Virus Stimulus
TOKYO (Reuters) - Japan's government is not planning to ask the Bank of Japan to finance its debt, which has been driven up by stimulus spending to contain the economic fallout from the coronavirus, ... ( read original story ...)
Japan to Pledge Contribution to IMF Trust for Low-Income Countries Hit by Pandemic: Finance Ministry Source
Japan will next week pledge to contribute to an International Monetary Fund (IMF) trust offering debt relief to low-income countries hit hard by the coronavirus, a finance ministry official told ... ( read original story ...)
Japan’s battle with pandemic may mark end of Abe’s fiscal experiment
That, in turn, would let Japan reduce its huge debt burden without spending cuts. Abenomics pushed back against a view long preached by the powerful finance ministry that without fiscal austerity, ... ( read original story ...)
Japan Carmakers Will Recover Fast With Honda a Buy, Goldman Says
The coronavirus outbreak will reduce Japanese automakers’ combined operating profit by 38% this fiscal year, but the manufacturers may rebound faster than they did after the global financial crisis ... ( read original story ...)
Japan Faces Higher Risk of Job Losses, Data Analysis Shows
The number of coronavirus cases in Japan is at least 7,400, with 137 deaths, public broadcaster NHK said. Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: ... ( read original story ...)