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Tag: Japan

Posted on June 17, 2020

Japan manufacturers’ mood turns gloomier as virus damage spreads

Worries about the deepening impact of the new coronavirus kept Japanese business confidence depressed in June, as firms braced for a prolonged global economic downturn, the Reuters Tankan survey …

( read original story …)



Posted on June 17, 2020

Ruined: Why the Battle of Midway Was Such a Terrible Loss for Imperial Japan

While elated over his forces’ victory at Pearl Harbor, the commander-in-chief of the Imperial Japanese Navy, Admiral Isoroku Yamamoto, knew unfinished business lay ahead. His dive-bombers and torpedo …

( read original story …)



Posted on June 16, 2020

$2,000 for a Watermelon? That’s a Bargain as Deflation Returns in Japan

Japan, the first modern advanced economy to tackle deflation more than two decades ago, is facing the return of its stubborn foe.

( read original story …)



Posted on June 16, 2020

Bank of Japan pledges $1tn in coronavirus loans

The Bank of Japan has boosted its coronavirus lending programme to more than $1tn but kept monetary policy on hold as governor Haruhiko Kuroda signalled on Tuesday that it would be years before there …

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Posted on June 16, 2020

Japan’s ‘very fragile’ economy needs time to improve gradually, says professor

Keio University’s Sayuri Shirai says the recovery of the Japanese economy is likely to be a “very, very slow” process.

( read original story …)



Posted on June 16, 2020

Bank of Japan keeps policy steady, expects to pump $1 trillion into economy via lending facilities

As widely expected, the central bank maintained its pledge to guide short-term interest rates at -0.1% and the 10-year government bond yield around 0% by a 8-1 vote.

( read original story …)



Posted on June 16, 2020

Pandemic Pushes Japan Geisha To Get Online

Beneath spotlights, the graceful 32-year-old geisha performs a traditional dance, moving like a butterfly and artfully unfolding and fluttering her fan. The audience would usually be a group of older, …

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Posted on June 16, 2020

Bank of Japan boosts aid for coronavirus-hit firms

Japan’s central bank Tuesday ramped up aid for businesses struggling with the fallout from the coronavirus pandemic, as it attempts to ease the recession in the world’s third-largest economy. The Bank …

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Posted on June 16, 2020

CEO Talks: Loro Piana’s Fabio D’Angelantonio on Ginza Store, Love Letter to Japan

The Italian luxury company has opened a store designed by Jun Aoki with a striking facade inspired by the brand’s textiles.

( read original story …)



Posted on June 16, 2020

Japan up 3% as Asia stocks jump following overnight Wall Street comeback

Shares in Asia jumped in Tuesday morning trade following a dramatic bounce back overnight on Wall Street. The Nikkei 225 in Japan surged 3.11% in morning trade while the Topix index advanced 2.61%.

( read original story …)



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