Japan’s Tepco Plans $18 Billion Green Power Push by 2030
The renewable power unit of Japan’s biggest utility plans to spend more than 2 trillion yen ($18 billion) over the next 10 years to boost its green generation by as Continue Reading
Japan braces for worst postwar economic slump, pandemic tests policy response
Japan’s economy braced for its worst postwar slump even as first-quarter GDP contracted less than initially thought, as the cornonavirus crisis slams the brakes on global growth and raises pressure Continue Reading
Japan Says Economy Worsening Rapidly Even as Shutdowns Ease
Japan’s government maintained its view that the economy continues to worsen sharply even as a nationwide state of emergency was lifted this week allowing businesses to start the slow process Continue Reading
Japan’s May gasoline demand at 37-year-low, slow demand recovery in sight
Japan’s estimated gasoline demand in May fell to the lowest monthly level in 37 years as consumers refrained from traveling at the beginning of the month, a period when driving Continue Reading
Japan seen facing 13 mil barrels of crude surplus over demand in June
At least one refiner considering delaying June loading term cargoes Domestic sales dropping 20% from COVID-19 Refiners at dilemma despite low oil price Japan could see roughly 13 million barrels Continue Reading
Japan March factory output, retail sales seen falling at sharper rate as virus hits: Reuters poll
Both Japan’s factory output and retail sales likely fell at a sharper pace in March as the coronavirus pandemic weighed more heavily across the broader economy, a Reuters poll showed. Continue Reading
Japan urges citizens to isolate as reports warn of 400,000 deaths
Japan urged its citizens on Wednesday to stay home, as media reports warned that as many as 400,000 of them could die of the coronavirus without urgent action, and Prime Continue Reading
Japan Declared a Coronavirus Emergency. Is It Too Late?
For months, Japan has confounded the world by reporting a relatively low rate of coronavirus infections without imposing the kind of stringent measures used by other nations. As the country Continue Reading
Trains full on first day of Japan’s coronavirus emergency, but some shops shut
Commuters heading to work packed into trains in the Japanese capital on Wednesday, the first day of a state of emergency aimed at containing the coronavirus outbreak, with some expressing Continue Reading
Japan’s Golden Week gasoline demand recovery at risk with state of emergency
Hopes for a gasoline demand recovery during Japan’s Golden Week holiday are being thwarted as the government prepares to declare a state of emergency later Tuesday in a bid to Continue Reading