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Morale in Japan's service sector drops fastest in a year over pandemic

Japan's service sector confidence fell at the sharpest pace in a year in April, a Cabinet Office survey showed on Thursday, as curbs aimed at containing a resurgence of COVID-19 infections depressed consumer spending. ....

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Japan Seeks to Extend Virus Emergency Covering Tokyo to May 31

Japan Seeks to Extend Virus Emergency Covering Tokyo to May 31
Bloomberg
4 hrs ago
Isabel Reynolds
(Bloomberg) Japanese Prime Minister Yoshihide Suga extended a state of emergency that covers Tokyo and expanded it to two more regions hit by rising virus cases, in an attempt to stem infections ahead of the capital’s hosting of the Olympics in less than three months.
The move announced Friday adds the industrial region of Aichi and the southern prefecture of Fukuoka to areas subject to restrictions. It also extends the state of emergency already in place for Tokyo, Osaka, Hyogo and Kyoto until the end of May. ....

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Tokyo consumer prices slide as lower mobile phone fees weigh on inflation

Tokyo consumer prices slide as lower mobile phone fees weigh on inflation
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Tokyo consumer prices slide as lower mobile phone fees weigh on inflation
FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha
30 Apr 2021 10:51AM
(Updated:
30 Apr 2021 11:00AM)
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TOKYO: Tokyo consumer prices fell unexpectedly in April due to cuts in mobile phone fees by major carriers, government data showed on Friday (Apr 30), making the central bank s 2 per cent inflation target appear even more elusive. ....

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Japan exports fall as China, U.S. demand weakens | Hellenic Shipping News Worldwide

Japan exports fall as China, U.S. demand weakens | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Japan exports fall faster than expected as China, US demand weakens

By Tetsushi Kajimoto
TOKYO (Reuters) - Japanese exports fell much faster than expected in February as U.S. and China-bound shipments weakened, a source of concern for the world s third-largest economy as it tries to prop up growth.
The prospects for a U.S. recovery may ease concerns about the outlook for Japan s economy, however, which is seen slowing in the current quarter due to new COVID curbs that have hit service-sector activity.
Ministry of Finance data out on Wednesday showed Japanese exports fell 4.5% year-on-year in February, hurt by decline in U.S.-bound shipments of automobiles.
Japan s export growth has probably weakened this quarter, but uptrend remains intact, said Masaki Kuwahara, senior economist at Nomura Securities. ....

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