Japan’s

Image copyright Getty Images Japan’s household spending has slumped at a record pace as measures to slow the spread of the coronavirus kept people at home.Government figures show household spending dropped by 16.2% in May from a year earlier.The worse than expected fall was the fastest rate of decline since comparable data began in 2001.The…

TOKYO (Reuters) – Japan’s Nagasaki prefecture said on Wednesday it had confirmed 33 cases of coronavirus infection on an Italian cruise ship docked for repairs and would carry out further testing on other crew members. Those who test positive but are asymptomatic will remain on board for monitoring, while others will be transferred to medical…

Image copyright Getty Images Japan’s economy shrank at the fastest rate in five years at the end of 2019 as it was hit by a sales tax rise, a major typhoon and weak global demand.Annualised gross domestic product (GDP) fell by a much steeper than expected 6.3% in October-December.There are also concerns the coronavirus outbreak…


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