TOKYO Japan posted its smallest current account surplus in more than five years in June, Ministry of Finance data showed on Tuesday, mainly due to a slump in exports, highlighting the heavy hit to external demand from the coronavirus pandemic.
TOKYO Japan's industrial output snapped four months of decline in June, pointing to a modest recovery in broader business and consumer activity in the world's third-largest economy following a heavy hit to demand from the coronavirus pandemic.
TOKYO Retail sales in Japan fell for the fourth straight month in June as consumer sentiment remained bruised due to the impact from the coronavirus pandemic, though the pace of decline was slower than expected.
TOKYO Japan's biggest air carrier, ANA Holdings Inc , on Wednesday reported an operating loss of 159 billion yen (1.1 billion pounds) for the quarter from April to June and gave no annual forecast, but said recovery to pre-COVID demand would be slow.
TOKYO, July 29 Japan's biggest air carrier, ANA
Holdings Inc, on Wednesday reported an operating loss
of 159 billion yen ($1.51 billion) for the quarter from April to
June and gave no annual forecast, but said recovery to pre-COVID
demand would be slow.
TOKYO Japan's companies spent less than initially estimated in the first quarter of the year, revised data showed on Monday, suggesting the coronavirus pandemic's hit to the economy was deeper than first thought.
TOKYO Japan will look closer into whether to issue central bank digital currencies (CBDCs), the government said in its annual policy roadmap, a sign that Tokyo may be warming to the idea as the coronavirus heightens demand for cashless payments.
TOKYO Japanese manufacturers remained close to the most pessimistic they have been in 11 years in July as the coronavirus outbreak hits global demand and deals a punishing blow to the export-reliant economy, the Reuters tankan survey showed on Wednesday.