Edition:
India

Tetsushi Kajimoto

Japan skips budget-balance mention in policy roadmap as pandemic changes priorities

07 Jul 2020

TOKYO A draft annual policy roadmap won't directly mention Japan's target of achieving a primary budget surplus by fiscal 2025, Jiji news agency reported, signalling the government will soft pedal on fiscal reform while fighting the coronavirus downturn.

Pandemic sinks Japan business mood to lowest since 2009 crisis

01 Jul 2020

TOKYO Japanese manufacturers' confidence sank in the second quarter to levels not seen since the 2009 global financial crisis, underscoring the damage the coronavirus pandemic inflicted on the export-reliant economy.

UPDATE 1-Pandemic sinks Japan business mood to lowest since 2009 financial crisis

01 Jul 2020

TOKYO, July 1 Japanese manufacturers' confidence sank in the second quarter to levels not seen since the 2009 global financial crisis, underscoring the damage the coronavirus pandemic inflicted on the export-reliant economy.

Japan factory output slumps as economy sinks deeper in recession

30 Jun 2020

TOKYO Japan's industrial output fell for a fourth straight month in May to the lowest level since the global financial crisis and the jobless rate hit a three-year high, underscoring the broad economic pain caused by the coronavirus.

Japan factory output slumps as economy sinks deeper in recession

30 Jun 2020

TOKYO Japan's industrial output fell for a fourth straight month in May to the lowest level since the global financial crisis and the jobless rate hit a three-year high, underscoring the broad economic pain caused by the coronavirus.

Japan sticks to budget surplus goal despite massive virus spending

23 Jun 2020

TOKYO Japan will stick to its target of getting its budget back to surplus by 2025, its finance minister said on Tuesday, even as the heavily indebted government ramps up spending to offset the impact of the coronavirus outbreak.

Japan firms curb jobs, cut pay to cope with coronavirus pain: Reuters poll

18 Jun 2020

TOKYO A majority of Japanese firms said they have taken steps - from lay offs to pay cuts - to cope with the fallout from the coronavirus pandemic on the world's third-largest economy, according to a Reuters monthly poll.

Japan's exports fall most since 2009 as U.S. demand slumps

17 Jun 2020

TOKYO Japan's exports fell in May at the fastest pace since the global financial crisis as U.S.-bound car shipments plunged, bolstering expectations for a deeper contraction in the world's third-largest economy this quarter.

BOJ's Kuroda warns of protracted battle with pandemic, keeps policy steady

16 Jun 2020

TOKYO Japan's central bank is bracing for a protracted battle against the coronavirus pandemic as a second wave of infections cannot be ruled out, governor Haruhiko Kuroda said on Tuesday, signalling its readiness to top up monetary support.

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