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Daniel Leussink

Japan's current account surplus shrinks to 5-year low as exports plunge

10:10am IST

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.

Japan's factory output rebounds, jobless rate dips as lockdown lifts

31 Jul 2020

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.

Japan's June retail sales fall for fourth month, but at slower pace

30 Jul 2020

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.

Japan's ANA posts $1.5 billion first quarter loss as COVID-19 curbs travel

29 Jul 2020

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.

UPDATE 1-Japan's ANA posts $1.5 bln Q1 loss as COVID-19 curbs travel

29 Jul 2020

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.

Pandemic hit to Japan's first-quarter business spending worse than first thought

27 Jul 2020

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.

Japan puts central bank digital currencies on policy roadmap

17 Jul 2020

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.

Japan manufacturers' mood pinned near 11-year lows as pandemic hammers global demand

15 Jul 2020

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.

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