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Posted on February 15, 2021

Larry Summers Is Wrong About Biden’s $1.9 Trillion Splurge. Ask Japan.

And now, from globally respected peers like Larry Summers, the former U.S. Treasury secretary and a man often-mentioned as a Fed chief candidate. Powell is not overly concerned consumer prices are …

( read original story …)



Posted on February 15, 2021

Larry Summers Is Wrong About Biden’s $1.9 Trillion Splurge. Ask Japan.

And now, from globally respected peers like Larry Summers, the former U.S. Treasury secretary and a man often-mentioned as a Fed chief candidate. Powell is not overly concerned consumer prices are …

( read original story …)



Posted on February 15, 2021

Bank of America warns of a ‘tale of two economies situation’ in Japan

Izumi Devalier of Bank of America Global Research expresses concern over the potential for a “very weak consumption recovery” in Japan from the coronavirus pandemic.

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Posted on February 15, 2021

Nikkei hits 30-year high as Japan’s economy bounces back better than expected

Japan’s benchmark stock index soared to new highs on Monday after the country posted a solid economic performance despite the resurgence of Covid-19.

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Posted on February 15, 2021

Nikkei 225 Tests Key Resistance Level After Strong Japan GDP Data

The Nikkei 225 index has moved to a key level of resistance after Japan published relatively strong GDP data earlier today.

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Posted on February 15, 2021

Japan’s economy performed better than expected in last quarter

But the recovery is slowing and economists expect Japan’s economy to shrink again this quarter due to the pandemic.

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Posted on February 15, 2021

Japanese economy sees recovery from pandemic slump

The Japanese economy grew at an annual rate of 12.7% in October-December, marking the second straight quarter of growth, amid a recovery from the slump caused by the …

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Posted on February 15, 2021

Japan’s Renesas Electronics plant closes after major earthquake

Renesas Electronics, a key supplier of automotive semiconductors, said its most advanced chip plant remained closed on Monday as it checked for damage from a quake that struck northeast Japan on …

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Posted on February 15, 2021

Need an App? This Japanese Startup Has a Platform for That

There’s an app for that,” so the old iPhone slogan goes.But in a country like Japan that’s struggling to find enough engineers and programmers, locating someone who can create an app is easier said …

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Posted on February 15, 2021

Japan powers out of coronavirus dip with 3% fourth-quarter growth

Economic output in Japan grew 3 per cent from the third to the fourth quarter of 2020 as the country recorded a strong comeback from Covid-19. The figure for growth in gross domestic product, …

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