TOKYO Japan's economy will likely shrink at a slower pace than previously expected this fiscal year thanks to recovering exports, a Reuters poll found, offering relief for policymakers left with few tools to cushion the blow from the coronavirus.
TOKYO The Bank of Japan (BOJ) unveiled on Tuesday a scheme aimed at incentivising regional lenders to consolidate and help revitalise regional economies, a move which echoes growing concern over the health of the country's banking system.
* Move underscores concern over Japan's banking sector
(Adds details of scheme, context on Japan's banking sector
TOKYO Japan's economy likely rebounded in the third quarter as global demand picked up, a Reuters poll showed, but the effects of the coronavirus crisis persisted and it could take some time to return to pre-pandemic levels.
TOKYO Japanese Prime Minister Yoshihide Suga on Friday vowed to work closely with overseas authorities to keep currency moves stable, signalling his readiness to respond to any yen spike that threatens to derail the country's fragile economic recovery.
TOKYO Japan's household spending slumped in September from a year earlier and real wages slid for the seventh straight month, data showed on Friday, a sign sluggish domestic demand will continue to drag on any recovery in the world's third-largest economy.
TOKYO Japan may effectively shut off China from supplying drones to its government to protect sensitive information, according to six people in government and the ruling party familiar with the matter, as part of a broad effort to bolster national security.
TOKYO Britain and Japan formally signed a trade agreement on Friday, marking Britain's first big post-Brexit deal on trade, as it continues to struggle to agree on a deal with its closest trading partners in the European Union. | Video
TOKYO Nearly a decade after the Fukushima nuclear disaster, Japan's government has decided to release over one million tonnes of contaminated water into the sea, media reports said on Friday, with a formal announcement expected to be made later this month. | Video