Thursday, 09 Apr 2020 10:39 AM MYT
While aggressive central bank actions across the globe have eased financial market tensions somewhat, corporate funding strains were worsening, Kuroda told a quarterly meeting of the Bank of Japan's regional branch managers today. Even with less stringent restrictions compared with other countries, analysts polled by Reuters expect Japan to slip into a deep recession this year as the virus outbreak wreaks havoc on business and daily life.
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'Escape from Tokyo' hot topic in Japan as state of emergency looms | Malay MailTOKYO, April 7 ― With just hours left today before Japan imposes a state of emergency on Tokyo and six other prefectures to contain the coronavirus, the idea of leaving the capital, or “Escape from Tokyo,” swirled on social media. Though Japan's outbreak remains small compared with some...
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Tokyo stocks volatile as investors weigh virus signals | Malay MailTOKYO, April 8 ― Tokyo stocks were higher at the open today but quickly slipped into the red as investors weighed mixed signals over the coronavirus that is hammering the global economy. The benchmark Nikkei 225 index opened up 0.55 per cent or 103.94 points at 19,054.12, while the broader Topic...
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Covid-19 'lockdown', Japan-style: Pressure to conform, not penalties for non-compliance | Malay MailTOKYO, April 7 ― Japanese Prime Minister Shinzo Abe is poised to declare a state of emergency over the coronavirus, giving governors stronger legal authority to urge people to stay home and businesses to close. In contrast to stringent lockdowns in some countries, mandating fines and arrests for...
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MOH offering free medicine by mail service till June | Malay MailKUALA LUMPUR, April 7 — Patients with chronic conditions are being encouraged to take advantage of the Ministry of Health’s (MOH) value added services (VAS) for receiving medication during the movement control order (MCO) period. Health Director-General, Datuk Dr Noor Hisham Abdullah said...
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Bursa Malaysia in red at close after two days of gains | Malay MailKUALA LUMPUR, April 8 — Bursa Malaysia closed in the red, as investors pushed a pause button after recording gains for the past two days with sentiment turning negative on increased Covid-19 deaths and infected cases in emerging economies. At 5pm, key index FTSE Bursa Malaysia KLCI (FBM KLCI)...
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In Asia, bucking the global lockdown trend | Malay MailHONG KONG, April 8 — As the coronavirus pandemic sparks global lockdowns, life has continued comparatively unhindered in places like Taiwan, South Korea and Hong Kong after their governments and citizens took decisive early action against the unfolding crisis. At first glance Taiwan looks like an...
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