by ev3v4hn | Aug 17, 2020 | Business News
TOKYO — Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday. FILE – In this June 17, 2020, file photo, containers are piled up at a port in Yokohama, south of Tokyo. Japan’s economy shrank […]
by ev3v4hn | Aug 17, 2020 | Business News
The central bank has approved a large batch of foreign loans meant to help fund the government’s fight against the coronavirus pandemic, but the regulator was quick to point out that the country’s debt profile remains favorable despite the borrowing spree. In a...
by ev3v4hn | Aug 16, 2020 | Business News
A food deliveryman in a village in Quezon City, Metro Manila, Philippines, on Aug 7, 2020. EPA-EFE via The Straits Times/Asia News Network MANILA, Philippines — By 1 pm, dietitian Violah Koh, 39, has already received her fifth package of the day: two plants, pots and...
by ev3v4hn | Aug 14, 2020 | Business News
TOKYO — Asian shares were mixed on Friday as investors studied fresh data out of China showing that its recovery remains subdued. A man walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo (AP Photo/Eugene Hoshiko) Shares...
by ev3v4hn | Aug 12, 2020 | Business News
Budget airline Cebu Pacific expects to weather the impact of the COVID-19 pandemic despite suffering a major financial loss in the first six months of 2020. In a stock exchange filing on Wednesday (Aug. 12), listed operator Cebu Air Inc. said it has the means to raise...