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.
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.
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 …
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 …
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 …
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 …
Asia Pacific stocks set to rise as Bank of Japan meets
The Bank of Japan is set to begin its monetary policy meeting on Monday, as investors watch for policy moves from the central bank to grapple with the economic impact of the ongoing coronavirus …
Workers risking infection deserve payouts too, says Japan minister
Supermarket cashiers who risk infection by going to work deserve government cash payouts just as much as those at home on furlough, said the minister leading Japan’s fight against the coronavirus in …
Virus cases on docked Japan cruise ship near 150
Almost a quarter of the 623 crew members on a cruise ship docked in western Japan have tested positive for the coronavirus, an official said Saturday. Japan has already dealt with one virus outbreak …
Low-tech Japan challenged in working from home amid pandemic
When the Japanese government declared an emergency to curb the spread of the coronavirus earlier this month and asked people to work from home, crowds rushed to electronics …