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Suga faces mounting pressure over slow pandemic response

National Jan 25, 2021

Suga faces mounting pressure over slow pandemic response

Support for the prime minister's Cabinet has dropped from 39% last month to 33%, with disapproval rising 10 percentage points to 45%, according to a poll by the Asahi newspaper.

Tokyo's Toyosu fish market, the world's largest, taking outsized hit from pandemic

National Sep 5, 2020

Tokyo's Toyosu fish market, the world's largest, taking outsized hit from pandemic

Businesses had hoped for more activity after the end of the state of emergency in late May, but big events have remained on hold and restaurants are struggling.

Japan's <em>izakaya</em>, a staple of after-work socializing, crippled by pandemic

Business / Corporate Jun 25, 2020

Japan's izakaya, a staple of after-work socializing, crippled by pandemic

Even though virus controls were lifted in May, more people working from home and social-distancing rules have forced most outlets to halve their seating.

Japan's low official jobless rate conceals deeper pain in its labor market

Business / Economy | FOCUS May 29, 2020

Japan's low official jobless rate conceals deeper pain in its labor market

The real unemployment rate is closer to 11 percent, one think tank says.

Elderly workers, once key to Abenomics, suffer as businesses close

Business / Economy May 22, 2020

Elderly workers, once key to Abenomics, suffer as businesses close

In a country with the world's oldest population, elderly workers fill roles as shop clerks, cleaners and taxi drivers.

Japan's extended fall in machinery orders bodes ill for business spending

Business / Economy Dec 12, 2019

Japan's extended fall in machinery orders bodes ill for business spending

Machinery orders sank again in October in a fresh sign that business spending, previously one of the few points of strength in the world's third-largest economy, is stalling as slumping exports bruise investment appetite. Core machinery orders fell 6.0 percent in October from the previous ...

Labor shortages in Japan's construction sector provide unexpected economic boost

Business / Economy Nov 6, 2019

Labor shortages in Japan's construction sector provide unexpected economic boost

As Japan's construction firms are squeezed by the tightest labor market since the 1970s and a rapidly aging population, they are pouring investment into technology — and providing unexpected support to an economy reeling from the bitter U.S.-China trade war. The industry sees artificial intelligence ...

Business Oct 31, 2019

Bank of Japan keeps policy steady but sends clearer signal of future rate cut

The Bank of Japan kept monetary policy steady on Thursday as expected but offered a stronger signal it may cut interest rates in the future, underscoring its concern that overseas risks could derail the country's fragile economic recovery. The decision came hours after the U.S. ...

Japan's factory output slipped twice as much as expected in August on slowing overseas demand

Business / Economy Sep 30, 2019

Japan's factory output slipped twice as much as expected in August on slowing overseas demand

Industrial output shrank more than expected in August, the latest warning that the economy and its manufacturers are facing intensifying pressure amid the bitter U.S.-China trade war. Retail sales, however, expanded at a faster than expected pace, signaling strength in private spending ahead of the ...

Amid a challenging financial landscape, Japan's young female investors seek diverse portfolios

Business Jan 18, 2019

Amid a challenging financial landscape, Japan's young female investors seek diverse portfolios

For years, retail currency investors were known as "Mrs. Watanabes," a reference to the metaphorical housewife who invests family savings mostly in foreign exchange. Now, a younger generation of women is looking at a wider asset range in which to park investments. Like their elders, ...

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