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India

Leika Kihara

Exclusive: Unfazed by pandemic, Bank of Japan to keep economic recovery view - sources

05 Jun 2020

TOKYO The Bank of Japan is likely to maintain this month its projection that the economy will gradually recover from the damage wrought by the coronavirus pandemic in the latter half of this year, sources said.

Japan's household spending falls at record pace as virus stalls economy

05 Jun 2020

TOKYO Japan's household spending fell at the fastest pace on record in April as the coronavirus shut down travel and dining-out in the world's third-largest economy, while fears of higher job losses chilled consumer confidence.

EXCLUSIVE-Unfazed by pandemic, Bank of Japan to keep economic recovery view - sources

05 Jun 2020

TOKYO, June 5 The Bank of Japan is likely to maintain its projection that the economy will gradually recover in the latter half of this year, four sources familiar with its thinking said, heightening the chance it will forgo bold monetary easing steps at this month's rate review.

Japan to look at building a common infrastructure for digital payments

03 Jun 2020

TOKYO Japan's three biggest banks have set up a study group that will look at possibly building a common settlement infrastructure for digital payments, an initiative backed by the central bank and the country's financial regulator.

Japan's cash balance hits new high as central bank pumps money to combat pandemic

02 Jun 2020

TOKYO The balance of money circulating in Japan's economy reached $5 trillion in May, hitting a record high for the second straight month, as the central bank pumped more cash to cushion the blow to businesses and consumers from the coronavirus pandemic.

Europe's factories starting to recover, Asia's pain worsens

01 Jun 2020

LONDON/TOKYO European manufacturers may be over the worst of a coronavirus-driven downturn, but Asia's pain deepened in May due to a slump in global trade, with export powerhouses Japan and South Korea seeing the sharpest falls in activity in over a decade, surveys showed. | Video

Japan parliament to debate second extra budget for pandemic relief next week

01 Jun 2020

TOKYO Japan's government will submit to parliament early next week a second extra budget to fund a new $1.1 trillion stimulus package to cushion the economic blow from the coronavirus pandemic, Prime Minister Shinzo Abe said on Monday.

GLOBAL ECONOMY-Asia's factory pain worsens as China's recovery fails to lift demand

01 Jun 2020

* China's May factory activity returns to growth - Caixin PMI

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