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Posted on August 17, 2020

Japan’s GDP Plunges 27.8%, Begging Question Who Should Get Fired?

Resigning Japan to yet another lost decade is in no one’s interest. The time to bring in a new team with vision and bravado was, frankly, yesterday.

( read original story …)



Posted on August 17, 2020

To Deter Communist China, Japan Must Join America as a Peer | Opinion

Since the defeat of Imperial Japan in 1945 and the promulgation of a pacifist constitution in 1947, followed by the formal ending of the American occupation in 1952, Japan has operated less as a fully …

( read original story …)



Posted on August 17, 2020

Japan Has Always Scraped By. Covid Will Make That Harder

Despite being written off by skeptics as an economic wasteland for the past three decades, Japan has often managed to scrape by, and has even enjoyed periods of sustained growth. The Covid-19 pandemic …

( read original story …)



Posted on August 17, 2020

Global report: Japan hit by biggest GDP fall in 40 years, Australia suffers deadliest day

New Zealand postpones general election; US coronavirus death toll passes 170,000; Italy closes nightclubs for three weeks …

( read original story …)



Posted on August 17, 2020

Japan’s Pandemic-Hit Economy Shrinks at Record Rate

The annual rate shows what the number would have been if continued for a year. Japanese media reported the latest drop was the worst since World War II. But the Cabinet Office said comparable records …

( read original story …)



Posted on August 17, 2020

Coronavirus: Japan suffers its biggest economic slump on record

Japan was already struggling with low economic growth before the crisis. The figures released on Monday are a stark reminder of the severe financial impact faced by countries around the world. Japan …

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Posted on August 17, 2020

Japan stocks fall after economy contracts, other markets up

Japanese stocks have sunk while other Asian markets gained after Japan reported a record economic contraction amid the coronavirus pandemic …

( read original story …)



Posted on August 17, 2020

Japan Prime Minister Shinzo Abe enters hospital for check-up, source says

Abe, Japan’s longest-serving prime minister, plans to return home later on Monday after the examination at Tokyo’s Keio University Hospital, the source familiar with the situation told Reuters.

( read original story …)



Posted on August 17, 2020

Breakingviews – Japan’s FamilyMart plays way too easy to get

(Reuters Breakingviews) – A convenience-store takeover doesn’t check out. Japanese trading house Itochu, which already owns just over 50% of FamilyMart, wants to buy the rest of the convenience-store …

( read original story …)



Posted on August 17, 2020

Asia Pacific stocks mixed as U.S.-China tensions remain; Japan’s economy shrinks in second quarter

June, according to government data released Monday. That was the sharpest contraction on record, according to Reuters.

( read original story …)



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