Budgetary and technical constraints hinder the government from importing oil to build its strategic petroleum reserve amid the collapse in global oil prices. The Department of Energy (DOE) has been ... ( read original story ...)
The Latest: Japan adds 14 more countries to entry ban list
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it ... ( read original story ...)
Japanese stocks jump as Bank of Japan enhances monetary policy easing; oil prices drop
The Bank of Japan of Monday announced on Monday an enhancement of its monetary policy easing measures to combat the hit on Japan's economy as a result of the coronavirus pandemic. ( read original story ...)
Japan, Singapore could be the worst-hit Asian economies in the coronavirus pandemic, says Moody’s Analytics
The Japanese and Singaporean economies were already weak before the coronavirus outbreak worsened over the past month, said Steve Cochrane, chief Asia Pacific economist at Moody's Analytics. ( read original story ...)
Bank of Japan pledges unlimited buying of government bonds
The Bank of Japan will buy an unlimited amount of government bonds and quadruple its purchases of corporate debt as it steps up its response to the coronavirus pandemic. Warning that Japan’s economy ... ( read original story ...)
Asian markets gain after Japan central bank boosts aid
Asian stock markets gained Monday after Japan's central bank promised more asset purchases to shore up financial markets as investors look to central bankers to support ... ( read original story ...)
Bank Of Japan Expands Easing Measures, Cuts Growth Forecast
The Bank of Japan on Monday ramped up its emergency monetary easing and cut growth forecasts for the world's third largest economy, as the coronavirus pandemic ravages the globe. After a meeting ... ( read original story ...)
Bank of Japan expands stimulus again as pandemic pain deepens
The Bank of Japan expanded monetary stimulus on Monday for the second straight month to ease corporate funding strains and finance huge government spending aimed at combating the deepening economic ... ( read original story ...)
To Help Businesses Borrow, Bank of Japan Will Pile On the Corporate Bonds
Japan’s central bank said it would nearly triple its holdings of corporate debt to $186 billion to ease fundraising for coronavirus-struck businesses, and it forecast a sharp contraction in the ... ( read original story ...)
Japan’s shift to work-from-home blocked by paper-pushing office rules
Shinzo Abe asked people to work from home to stem the spread of COVID-19. But low-tech homes and hidebound office rules keep most of them in the office. ( read original story ...)