One in five Japanese companies are worried they may not have sufficient capital if the coronavirus crisis persists, a Reuters poll showed on Thursday, underscoring how even some of the world’s biggest cash-hoarding firms are bracing for prolonged pain. Some 14% of
Japan’s economy slipped into recession for the first time in 4.5 years, GDP data showed on Monday, putting the nation on course for its deepest postwar slump as the coronavirus crisis takes a heavy toll on businesses and consumers. The
Japan’s Prime Minister Shinzo Abe said on Monday he had decided to extend the country’s national state of emergency to May 31. Abe will consider lifting the state of emergency without waiting for its May 31 expiration if expert advisors decide
The Tokyo governor has urged residents to go shopping less frequently to reduce the chances of coronavirus infections at supermarkets and shopping arcades. Governor Koike Yuriko made the appeal at an emergency news conference on Thursday. She called on people
Riven by legacies of unimaginable war atrocities, decades of Japanese occupation and colonial rule, Asia’s top three economies — China, Japan and South Korea — held a meeting last week. The heads of government for the three countries met in the thriving Chinese city of
Seoul, South Korea (CNN)South Korea is scrapping its military intelligence-sharing agreement with Japan, the latest escalation in a trade dispute that threatens global supply chains for smartphones and other gadgets. Kim You-geun, first deputy director of the Blue House National Security Office, said
(CNN)Crown Prince Naruhito, who on Wednesday ascends the Chrysanthemum Throne to become Japan’s 126th emperor, has pledged to bring the world’s oldest monarchy closer to the people. In February he explicitly vowed to continue his father’s legacy, particularly in breaking
Tokyo (CNN)Japan’s 85-year-old monarch was born the son of a deity, but he’s retiring as the people’s Emperor. On Tuesday, Emperor Akihito will abdicate the Chrysanthemum Throne — the oldest continuoushereditary monarchy in the world — becoming the first Japanese
Hong Kong (CNN)A Japanese F-35 stealth fighter, one of the world’s most-advanced warplanes, has gone missing over the Pacific Ocean, Japanese defense officials said. Officials said the single-engine jet from Japan’s Air Self-Defense Force was on a training flight with
BEIJING (Reuters) – China and Japan on Friday pledged to forge closer ties as both countries stood together at an “historic turning point”, signing a broad range of agreements including a $30 billion currency swap pact, amid rising trade tensions