Japan dived into its first recession since 2015, according to official data Monday, with the world’s third-largest economy shrinking by 0.9 percent in the first quarter as it wrestles with the fallout from the coronavirus. The drop in gross domestic product followed a 1.9-percent decline in the fourth quarter of 2019 as a tax hike […]
Japan’s coronavirus experts said it was desirable for the nation to keep its current framework of coronavirus containment policies until the number of new infections fell to a certain level, according to Economy Minister Yasutoshi Nishimura. The experts also said that some regions needed to keep strict restrictions in place while others could start to […]
Apr.27 — The Japanese government is weighing the need to extend the state of emergency beyond early May, according to local reports. Meanwhile, Singapore is emerging with the region’s highest number of coronavirus cases after China and India, the world’s two most populous countries. Selina Wang reports on “Bloomberg Markets: Asia.”
The mayor of Japan’s Osaka has come under fire for suggesting men should do grocery shopping during the coronavirus outbreak because women are indecisive and “take a long time.” Japan is under a state of emergency over the pandemic, and residents in some areas have been asked to shop less frequently and only send one […]
It comes as coronavirus cases in the country surge, leaving its doctors and hospitals stretched.
Prime Minister Shinzo Abe is planning to expand a state of emergency to all of Japan from just Tokyo and other urban areas as the coronavirus continues to spread. Economy Minister Yasutoshi Nishimura told the meeting that the current partial state of emergency cannot effectively slow the virus because people move in and out of […]
Japan will devote more than $2.2 billion of its coronavirus economic stimulus package to incentivize its manufacturers to move their production out of China as relations fray between the neighboring countries in the wake of the coronavirus pandemic.The record stimulus plan provides $2 billion for manufacturers to transfer production to Japan and over $216 million […]
(Bloomberg) — Japan has earmarked $2.2 billion of its record economic stimulus package to help its manufacturers shift production out of China as the coronavirus disrupts supply chains between the major trading partners.The extra budget, compiled to try to offset the devastating effects of the pandemic, includes 220 billion yen ($2 billion) for companies shifting […]
The measures aim to avert a major outbreak in its major cities but fall short of a lockdown.
The government also provided more details regarding warhead payloads, with different warheads planned for both seaborne and land targets.