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 ...)