Tag «Japan»

Oil prices rise as weaker dollar offsets China COVID-19 concerns

OIL PRICE RISE

Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents, or 0.8%, to $93.54 a barrel at 0406 GMT. The December …

Japan’s success in curbing COVID-19 cases now hampers search for cures

Japan's success in curbing COVID-19 cases now hampers search for cures

By Administrator_India Capital Sands As nations race to develop treatments and vaccines for COVID-19, Japan has become a victim of its own success as slowing new infections has led to a shortage of patients to enroll in clinical trials. Clinical trials are underway for more than a dozen potential vaccines, including at least six in …

Japan to end Tokyo’s state of emergency, eyes fresh $930 billion stimulus

Japan to end Tokyo's state of emergency, eyes fresh $930 billion stimulus

By Administrator_India Capital Sands Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic. Social distancing curbs were loosened for most of the country on May 14 …

Japan slips into recession, worst yet to come as pandemic wreaks havoc

Japan slips into recession, worst yet to come as pandemic wreaks havoc

By Administrator_India Capital Sands Japan’s economy slipped into recession for the first time in 4-1/2 years, GDP data showed on Monday, putting the nation on course for its deepest postwar slump as the coronavirus crisis takes a heavy toll on businesses and consumers. The world’s third-largest economy shrank for the second consecutive quarter in the …