Izumi Devalier of Bank of America Global Research says it will take a long time for Japan’s economy to get back to pre-pandemic levels, despite forward-looking data suggesting an improvement. She also …
Japan’s exports, imports sank in May amid pandemic fallout
New data show Japan’s exports sank 28% and imports dropped 26% in May as the coronavirus pandemic slammed global trade …
Japan manufacturers’ business mood worsens again on pandemic woes – Reuters Tankan Survey
The dollar is on the back foot amid hopes for fiscal and monetary stimulus. Equities are trading higher after fresh support was announced by the Bank of Japan and the Fed yesterday. There was also …
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 …
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 …
$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.
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 …
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.
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.
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 …