TOKYO Japan's industrial output snapped four months of decline in June, pointing to a modest recovery in broader business and consumer activity in the world's third-largest economy following a heavy hit to demand from the coronavirus pandemic.
TOKYO Retail sales in Japan fell for the fourth straight month in June as consumer sentiment remained bruised due to the impact from the coronavirus pandemic, though the pace of decline was slower than expected.
TOKYO, July 30 Retail sales in Japan fell for
the fourth straight month in June as consumer sentiment remained
bruised due to the impact from the coronavirus pandemic, though
the pace of decline was slower than expected.
TOKYO Japan's biggest air carrier, ANA Holdings Inc , on Wednesday reported an operating loss of 159 billion yen (1.1 billion pounds) for the quarter from April to June and gave no annual forecast, but said recovery to pre-COVID demand would be slow.
TOKYO Japan's companies spent less than initially estimated in the first quarter of the year, revised data showed on Monday, suggesting the coronavirus pandemic's hit to the economy was deeper than first thought.
TOKYO Japan will look closer into whether to issue central bank digital currencies (CBDCs), the government said in its annual policy roadmap, a sign that Tokyo may be warming to the idea as the coronavirus heightens demand for cashless payments.
TOKYO Japanese manufacturers remained close to the most pessimistic they have been in 11 years in July as the coronavirus outbreak hits global demand and deals a punishing blow to the export-reliant economy, the Reuters tankan survey showed on Wednesday.
TOKYO Japan will prioritise efforts to digitalise its economy and better cope with the fallout from the coronavirus pandemic, the government said in a draft policy framework that left open how the huge cost of combating the crisis would be funded.