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 ...)
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 ...)
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 ...)
BLACKPINK Announce New Singles This Summer, Full Album For September
BLACKPINK will make their highly anticipated return to the music scene with a multi-pronged approach that strays from the usual K-pop model. ( read original story ...)
Japan’s economy slips into recession amid coronavirus woes
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 ...)
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 ...)
AP PHOTOS: Shrine in Japan offers solace to those at home
TOKYO (AP) — Shinto shrines, a go-to place for many Japanese to pray for good health and safety, have largely shuttered during the coronavirus pandemic. But one Tokyo shrine went online for ... ( read original story ...)