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Tuesday, August 16, 2022

Japan economy

JAPAN ECONOMY NEWS

Japan has long sought more inflation and a weak yen. But not like this.

May 12, 2022 11:41 am

While overall inflation remains moderate, food and energy costs are rising rapidly, an outgrowth not of increased demand, but of market turmoil related to the pandemic and Russia’s invasion of Ukraine. And the yen has hit a two-decade low against the dollar, a dizzying drop of more than 18% since September that has unnerved Japanese businesses.

India to overtake Japan as Asia's second largest economy by 2030: Report

January 07, 2022 4:34 pm

Currently, India is the sixth-largest economy in the world, behind the US, China, Japan, Germany and the United Kingdom.

Japan's record $940 billion budget may help Covid-hit economy, fiscal discipline in doubt

December 24, 2021 12:33 pm

🔴 The budget of 107.6 trillion yen ($941.55 billion) for the fiscal year that starts in April 2022 is Japan's biggest initial spending plan, underscoring a priority of reviving the pandemic-hit economy over returning to long-term fiscal health.

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.

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