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United States

Daniel Leussink

Japan's exports extend double-digit declines as pandemic hits demand

Sep 15 2020

TOKYO Japan's exports posted a double-digit slump for a sixth straight month in August as U.S.-bound shipments shrank due to a global demand slowdown from the coronavirus pandemic, casting a shadow over a trade-led recovery from the deep recession.

Japan manufacturers remain gloomy for 14th month - Reuters Tankan

Sep 13 2020

TOKYO Japan's manufacturers remained pessimistic for the 14th straight month in September, and though the gloom eased somewhat the broad results of the Reuters Tankan survey pointed to a painfully slow recovery for the coronavirus-stricken economy.

Japan's rebounding July machinery orders tempered by fragile business outlook

Sep 09 2020

TOKYO Japan's machinery orders rebounded in July from a sharp fall in the previous month, a welcome relief for the coronavirus-stricken economy but the outlook for capital spending remained uncertain due to fragile global business conditions.

Japan's worst postwar economic downturn could force new leader to boost stimulus

Sep 08 2020

TOKYO Japan's economy sank deeper into its worst postwar contraction in the second quarter as the coronavirus jolted businesses more than initially thought, underscoring the daunting task the new prime minister faces in averting a steeper recession. | Video

Japan real wages decline for fifth month in July as pandemic woes persist

Sep 07 2020

TOKYO Japan's real wages fell for the fifth straight month in July, the government said on Tuesday, pointing to possible deeper strains ahead for consumer spending as the impact on the economy from the coronavirus pandemic drags on.

Japan's tuna market, the world's largest, hit hard by coronavirus pandemic

Sep 04 2020

TOKYO Japan's tuna market, the world's largest, is taking an outsized hit from the coronavirus pandemic, pressuring restaurants and wholesalers at Tokyo's sprawling Toyosu fish market to adapt to survive. | Video

Japan's second-quarter capex falls most in decade on pandemic blow

Aug 31 2020

TOKYO Japanese firms slashed spending on plant and equipment by the most in a decade in the second quarter, the government said on Tuesday, suggesting the economy will take a protracted period to fully rebound from the coronavirus-induced slump.

World News

Exclusive: China sharply expands mass labor program in Tibet

China is pushing growing numbers of Tibetan rural laborers off the land and into recently built military-style training centers where they are turned into factory workers, mirroring a program in the western Xinjiang region that rights groups have branded coercive labor.