Edition:
India

Kaori Kaneko

Japan slashes GDP forecasts, expects biggest contraction in decades this fiscal year

30 Jul 2020

TOKYO Japan sharply downgraded its gross domestic product forecasts for this fiscal year, expecting the world's third-largest economy to suffer its biggest contraction in over two decades amid the fallout of the coronavirus pandemic.

Japan government sees economy shrinking this year on COVID-19 hit: sources

29 Jul 2020

TOKYO Japan's government expects the economy will contract this year as activity slowly recovers from the coronavirus crisis, with a return to growth seen next year, four government sources told Reuters.

Japan's core consumer prices flat, deflation risks remain

21 Jul 2020

TOKYO Japan's core consumer prices snapped two straight months of declines in June but risks remain for a prolonged economic slump from the coronavirus crisis, which has depressed consumption and raised concerns about a return to deflation.

Speak quietly and follow the rules, Tokyo nightclubs told as coronavirus re-emerges

10 Jul 2020

TOKYO Authorities will conduct coronavirus testing in Tokyo's nightlife districts, where infections have surged again, and are urging nightclub hosts and hostess to follow advice on safely interacting with customers, officials said on Friday.

Japan's economy to shrink at fastest pace in decades this fiscal year due to pandemic: Reuters poll

10 Jul 2020

TOKYO Japan's economy will shrink at the fastest pace in decades in the year through March 2021, forcing the government to compile another stimulus package to cushion the blow from the coronavirus pandemic, a Reuters poll showed on Friday.

With apps and remote medicine, Japan offers glimpse of doctor visits in post-corona era

09 Jul 2020

TOKYO The coronavirus crisis has prompted Japan to ease regulations on remote medical treatment, creating an opening for tech companies and offering a glimpse of the future of healthcare in the world's most rapidly ageing society.

Japan's service sector mood jumps in June as lockdowns ease

08 Jul 2020

TOKYO Japan's service sector sentiment jumped at a record pace in June as businesses re-opened after lockdown measures were lifted in late May, data showed on Wednesday, offering hope that the economy's coronavirus-induced slump has bottomed out.

World News