BOJ ramps up risky asset buying as central banks fight coronavirus fallout

Gov. Haruhiko Kuroda pledges after emergency meeting to aggressively double purchases of risky assets.

Big Short investor Michael Burry sticks with Japan picks even as market drops

Michael Burry has vowed to stick with his long-term stock investments even as markets tumble on the coronavirus. The money manager who made his name betting against the securities that triggered the global financial crisis has been using the rout to add to holdings in …

Coronavirus to cut foreign visitors spending in Japan by 980 billion

The outbreak of the new coronavirus is expected to cut spending by foreign travelers to Japan by 981.3 billion (9 billion), a private research firm said in a new report, raising its earlier estimate of a fall of 624.4 billion. Resona Research Institute amended its …

Japanese Cabinet minister says virus may be worse for economy than 2008 financial crisis

The effect of the new coronavirus on the economy could be worse than the 2008 financial crisis, economic revitalization minister Yasutoshi Nishimura said. Speaking on Fuji TV, Nishimura called Sunday for strong measures to protect the economy and said proper consideration should be given to …

Bank of Japan to downgrade economic view next week, sources say

The Bank of Japan is considering downgrading its assessment of the countrys economy at its upcoming policy meeting next week in view of the deepening economic impact of the globally spreading new coronavirus, according to sources close to the matter. The BOJ is expected to …

Japan ruling bloc considering third batch of measures against COVID-19

A plan to provide 30,000 each to households with children is being discussed as part of the third package.

Large Japanese company sentiment falls to five-year low amid coronavirus spread

Business sentiment among large Japanese companies in the January-March period fell to the lowest level in five years and nine months, affected by the new coronavirus outbreak and slowing exports to China, a government survey showed Thursday. Japanese shares tumbled the same day, with major …

What would it cost Japan to cancel the Olympics?

While Japan and Olympic organizers are at pains to insist the Summer Games are still a go despite the coronavirus outbreak, some are wondering what a cancellation would cost the worlds third-biggest economy. With a dearth of reliable figures, opinions vary, yet experts all agree …

Coronavirus overshadows milestone as Abe marks 3,000 days in office

Abe is also battling against time as Tokyo is counting down to host the Olympic and Paralympic Games this summer.

Despite virus, Chinas consumer confidence remains robust; Japan faces biggest hit

The coronavirus is increasingly weighing on global consumer sentiment, but its impact can vary greatly. Take Japan. The outbreak here has been mild, but consumer confidence has taken the biggest hit among major economies, according to daily tracking surveys in 12 countries by Morning Consult, …

Bank of Japan prodded to act as COVID-19 spreads, but options limited

Many smaller companies in the tourism, retail and other services sectors have encountered bankruptcy risks as the epidemic disrupts supply chains.

Mood of workers on the economys front line hits nine-year low

Business sentiment among workers with jobs sensitive to economic trends deteriorated sharply to its worst level in nearly nine years in February due to growing concerns over the coronavirus outbreak. The diffusion index of confidence among economy watchers such as taxi drivers and restaurant staff …

15-minute coronavirus test kits to be sold in Japan from next week

Abe can now declare a state of emergency over COVID-19 but will he?

Will heat stop the spread of new coronavirus? No one really knows

China official says U.S. military may have brought COVID-19 to Wuhan

As coronavirus cases mount, is it still safe to travel to Japan?

Report describes tipping point before coronavirus kills

How far can Japan go to curb the coronavirus outbreak? Not as far as you may think

Limited virus testing in Japan masks true scale of infection

Episode 42: Will the coronavirus cancel the Tokyo Olympics?

Just for kicks: Japans sneaker obsession rebounds

Directory of whos who in the world of business in Japan