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Posted on 18/05/2020

Japan Officially Slides Into Recession – and the Worst Is Yet to Come

Even with a partial lifting of restrictions on economic activity in recent days, other major economies are expected to join Japan in recession in the current quarter as households limit spending to ... ( read original story ...)

Posted on 18/05/2020

Japan to Put off Bid to Raise Prosecutors’ Retirement Age After Backlash

NHK public broadcaster said the decision to put off the bid to raise the retirement age was made in a meeting between Prime Minister Shinzo Abe and Toshihiro Nikai, secretary gene ... ( read original story ...)

Posted on 18/05/2020

Japan’s economy falls into recession as virus takes its toll

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 ...)

Posted on 18/05/2020

Coronavirus live news: India extends lockdown as Japan falls into recession

Daily death tolls fall in UK, Spain and Italy; South Africa reports highest daily increase; global infections pass 4.7 million. Follow the latest updates ... ( read original story ...)

Posted on 18/05/2020

Alibaba’s Jack Ma Quits Board of Japan’s Struggling SoftBank

Chinese billionaire Jack Ma is stepping down from the board of SoftBank Group Corp., as the Japanese technology company struggles over its risky investments such as office-sharing venture WeWork. ( read original story ...)

Posted on 18/05/2020

Japan’s Q2 GDP could drop by 10% quarter on quarter: Credit Suisse Securities

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

Posted on 18/05/2020

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 ...)

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