Visitors thronging Ueno Park in Tokyo to admire the blooming cherry blossoms on Tuesday. Analysts expect Japan's economy to shrink sharply in the current quarter as the emergency that ended on Sunday weighed on business activity and consumer spending. – REUTERSPIXJapan's government in March cut its view on exports for the first time in 10 months, and said overall economic conditions were still showing weakness due to the coronavirus pandemic.
“The economy shows some weakness, though it continued picking up amid severe conditions due to the coronavirus,“ the government said in its economic report for March. Behind the downgrade was a slowdown in car exports, which showed signs of flattening out after manufacturers front-loaded shipments ahead of an expected recovery from the health crisis, especially in the United States, a government official said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philip Morris to phase out cigarettes in Japan within 10 yearsThe company is seeking to replace them with less harmful alternatives. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
Japan to extend emergency virus measures as Olympics approach | Malay MailTOKYO, May 7 — Japan will prolong a virus state of emergency in Tokyo and other regions and impose restrictions in more areas on Friday as cases surge less than three months before the Olympics. The emergency measures, less strict than the blanket lockdowns seen in other countries, focus on...
Source: malaymail - 🏆 1. / 86 Read more »
Philip Morris to phase out cigarettes in Japan within decade | Malay MailTOKYO, May 7 — The head of tobacco giant Philip Morris said the company will phase out conventional cigarettes in Japan within 10 years, in an interview with the Nikkei business daily published today. The Marlboro maker announced in 2016 a long-term goal to stop selling cigarettes and replace...
Source: malaymail - 🏆 1. / 86 Read more »
Japan swimmer pleads for patience amid calls to withdraw from OlympicsShe also seeks sympathy for athletes, who are being urged to persuade organisers to call off the Games. FMTNews Olympics
Source: fmtoday - 🏆 5. / 72 Read more »
Japan PM says has 'never put Olympics first' amid popularity slumpSuga's approval rating is at an all-time low, as Japanese public want Games cancelled. FMTNews Japan Olympic
Source: fmtoday - 🏆 5. / 72 Read more »
Chip shortage in focus as Japan automakers ready to report profit dropTOKYO (Reuters) - While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.
Source: staronline - 🏆 4. / 75 Read more »