Japan confirmed the scale of its record economic contraction last quarter with figures that were slightly worse than first estimated, highlighting the enormous challenge facing the country as the ... ( read original story ...)
Japan’s economy shrinks more than expected in second quarter, heightens woes for new leader
Japan's economy shrank more than initially estimated in the second quarter as capital expenditure took a hit from the coronavirus crisis, highlighting the challenge policymakers face in averting a ... ( read original story ...)
Japan to spend $6.3 billion from emergency reserve for coronavirus vaccines
The Japanese government approved on Tuesday spending of 671.4 billion yen ($6.32 billion) from emergency budget reserves to secure coronavirus vaccines, the Ministry of Finance said. ( read original story ...)
Japan’s Nishimura Says Rising Income to Underpin Consumption
Japan's Economy Minister Yasutoshi Nishimura attends a joint news conference with Tokyo Governor Yuriko Koike and other panel members after their talks on the latest s ... ( read original story ...)
UK’s Revolut launches digital banking app in Japan
"Foreign finance apps are specialized ... giving the company a valuation of $5.5 billion. The expansion into Japan comes as the government steps up efforts to upgrade its financial sector with ... ( read original story ...)
Japan to spend US$6.3b from emergency reserves for COVID-19 vaccines
TOKYO: The Japanese government approved on Tuesday (Sep 8) spending of ¥671.4 billion (US$6.32 billion) from emergency budget reserves to secure ... ( read original story ...)
Hedge Funds Say There’s No Turning Back on Abe’s Japan Reforms
It started with little fanfare, the series of reforms of Japanese corporate governance that would become one of Prime Minister Shinzo Abe’s biggest legacies. ( read original story ...)
Revolut launches its financial app in Japan
Fintech startup Revolut is expanding to Japan. After testing the service with 10,000 users, anybody can now sign up and open an account. The company originally obtained its authorization to operate ... ( read original story ...)
Japan August bank loans rise record 6.7% vs year earlier
TOKYO, Sept 8 - Japanese bank lending rose a record 6.7% in August from a year earlier, the Bank of Japan said on Tuesday. Outstanding loans held by the country's four main categories of banks ... ( read original story ...)
Tokyo Olympics Will Happen Next Year Despite Virus, IOC’s Coates Says
International Olympic Committee’s Vice President John Coates said the Tokyo Olympics will go ahead next year regardless of the coronavirus situation, AFP reported.Coates told AFP in a phone interview ... ( read original story ...)
Japan’s Record GDP Plunge Is Slightly Worse on Revision
Japan’s record economic contraction last quarter was slightly worse than initially estimated, according to revised figures that underscore the challenge facing Prime Minister Shinzo Abe’s replacement ... ( read original story ...)
Japan’s July Household Spending Falls 7.6% Year-On-Year
To view the data on the website of the Ministry of Internal Affairs and Communications: Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, ... ( read original story ...)
InMobi to issue guidance on IPO in few quarters: CEO Naveen Tewari
In spite of covid, InMobi’s B2B advertising revenues saw a quarterly growth of 7% in Q2 (April-June), says CEO.The size of digital advertising has definitely gone up, in spite of a 25% reduction in ... ( read original story ...)
Japan Ruling Party Election Starts With Deck Stacked for Suga
(Bloomberg) -- Japan’s ruling Liberal Democratic Party officially starts its campaign for a new leader Tuesday, even though key heavyweights have already stacked the deck in favor of Prime ... ( read original story ...)
YouTube Removes Crypto Video Again For Violating ‘Harmful And Dangerous Policy’
The video sharing website has been criticized for removing what appears to be legitimate videos while, at the same time, not taking appropriate actions for removing fraudulent videos. ( read original story ...)
Malaysia’s AirAsia aims to raise $602 million, to evaluate Japan operations
AirAsia Group Bhd is looking to raise as much as 2.5 billion ringgit ($602 million) by year-end, and is also reviewing its business in Japan as the airline seeks to weather the COVID-19 crisis, its ... ( read original story ...)