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Posted on September 8, 2020

Japan Funds Buy Record Amount of Italian Debt After EU Stimulus

Funds from Japan bought a net 372.7 billion yen ($3.51 billion) of Italian debt, after selling 56.1 billion yen of the nation’s bonds in June, according to preliminary portfolio data from the Ministry …

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Posted on September 8, 2020

Japan to spend $6.3 billion from emergency reserve for coronavirus vaccines

The Japanese government approved on Tuesday spending of 671.4 billion yen ($6.32 billion) from emergency budget reserves to secure coronavirus vaccines, the Ministry of Finance said.

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Posted on September 8, 2020

Campaign to succeed PM Abe as party leader begins in Japan

The official campaigning to lead Japan’s ruling party has begun with the right-hand man of Prime Minister Shinzo Abe seen as a top candidate and his likely successor to lead the government …

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Posted on September 8, 2020

Asia stocks trade higher; Japan’s second-quarter GDP revised lower

Japan’s revised GDP figures for the second quarter released Tuesday showed the country’s economy shrinking an annualized 28.1% in April-June, according to second preliminary estimates released by the …

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Posted on September 8, 2020

Japan’s second-quarter GDP was its worst on record since World War II, economist says

Takuji Okubo from Economist Corporate Network at the Economist Intelligence Unit discusses Japan’s economic outlook on the back of the coronavirus pandemic and the race for a new prime minister.

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Posted on September 8, 2020

Japan’s economy shrinks 28% in 2Q, worse than 1st estimate

Japan’s economy shrank at a record, even worse rate in the April-June quarter than initially estimated. The Cabinet Office said Tuesday Japan’s seasonally adjusted real …

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Posted on September 8, 2020

Search for missing livestock ship crew off Japan resumes

Japanese coast guard ships resumed searching on Tuesday for a livestock ship and its 40 missing crew members off Japan’s southern islands after the efforts were suspended due to …

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Posted on September 8, 2020

Revolut launches its financial app in Japan

Fintech startup Revolut is expanding to Japan. After testing the service with 10,000 users, anybody can now sign up and open an account. The company originally obtained its authorization to operate …

( read original story …)



Posted on September 8, 2020

Revolut launches its financial app in Japan

Fintech startup Revolut is expanding to Japan. After testing the service with 10,000 users, anybody can now sign up and open an account. The company originally obtained its authorization to operate …

( read original story …)



Posted on September 8, 2020

When is Japan’s Q2 GDP and how could it affect USD/JPY?

Japan’s Finance Ministry is up for releasing the final version of the second quarter (Q2) 2020 Gross Domestic Product (GDP) figures at 23:50 GMT on Monday, early Tuesday morning in Asia. Market …

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