JAPAN ESTIMATES ECONOMIC LOSS OF $9.2 BILLION OVER VIRUS EMERGENCY

Highlights –

• Japan estimates economic loss of $9.2 billion over virus emergency.
• The government's decision to extend the emergency will have a negative impact of 600 billion yen.
• The Japanese economy is expected to have plunged in...

BOJ DOWNGRADED ECONMIC ASSESSMENTS OF TWO REGIONS IN THE COUNTRY

Highlights –

• BOJ downgraded economic assessments of two regions in the country.
• BOJ is worried about economic recovery from the pandemic which still remains fragile.
• The pandemic has dampened consumption, which accounts for more than...

BOJ UPGRADED ASSESSMENTS OF REGIONAL ECONOMIES; ECONOMY EMERGING

Highlights –

• BOJ upgraded assessments of regional economies; economy emerging.
• The central bank released its quarterly Sakura report.
• The central bank upgraded eight out of nine regional economies.
• The BOJ is reportedly sch...

Japan diving headfirst towards recession, Germans witness a slump.

The Japanese economy is heading towards a recession as the third-largest economy, saw a drop of 6.3 percent in the last quarter of 2019, while as Germany the world’s fourth-largest economy is expected to stumble as a result of weak consumer demand and cut in trades with china. The final qua...

A DECREASE IN CHINESE TOURISTS WILL AFFECT JAPANESE ECONOMY IN THE LONG RUN

Highlights:

• Coronavirus outbreak has led to drastic reduction of tourist numbers to Japan
• Prolonged reduction will have significant impact on Japanese economy

Coronavirus has hit every major industry that contributes to a country&rsq...