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Japan economy

JAPAN ECONOMY NEWS

Ditched Olympics could wipe out most of Japan’s 2021 growth

May 27, 2021 12:07 pm

Amid the ongoing virus emergency, the debate over whether the games should proceed is intensifying. Recent opinion polls show a majority of the public against staging the Olympics this year and a number of prominent business leaders have called into question the wisdom of pressing ahead.

Japan plans HIV drug trials for coronavirus, cruise ship evacuations continue

February 18, 2020 10:05 am

Tokyo's HIV treatment trials come as those drugs have been touted as a potential cure for the coronavirus around the world, With no therapy proven 100% effective against the virus so far, close to 1,900 people have died in the epidemic in mainland China.

Japan's economy shrank in July-September as trade falls

November 14, 2018 11:52 am

Cabinet Office preliminary data showed seasonally adjusted gross domestic product _ the total value of a nation's goods and services _ dipped 0.3 per cent in the third quarter from the previous quarter.

Japan raises growth estimate for first quarter

June 08, 2016 11:39 am

Latest data shows that private consumption in Japan rose 0.6 per cent in January-March; a rise from an earlier estimate of 0.5 per cent.

Japan economy slips back into recession in July-Sept, blow to Abenomics

November 16, 2015 8:39 am

The world's third-largest economy shrank an annualised 0.8 percent in July-September, more than a median market forecast for a 0.2 percent contraction, government data showed on Monday.

Japan’s economy slides into recession as sales tax hike takes toll

November 18, 2014 1:28 am

Deepens global uncertainty as growth slows in China and remains nearly flat in the 18-country euro zone.

Japan slips into surprise recession, paves way for tax delay, snap poll

November 17, 2014 10:43 am

Japan's economy unexpectedly slipped into recession in the third quarter.

IMF says global economy at risk, calls for bold action

October 12, 2014 1:47 am

The Fund this week cut its 2014 global growth forecast to 3.3 per cent from 3.4 per cent.

Japan approves a record $922 bn budget spending

December 25, 2013 1:54 am

Lion's share of extra revenue is ear-marked for spending on medical fees,other social welfare costs.

In historic step,Japan PM hikes tax

October 02, 2013 3:21 am

Abe said the government will raise the national sales tax to 8 per cent in April from 5 per cent.