Japan

Japan to extend state of emergency over virus

TOKYO, May 1 (NNN-AGENCIES) — Japan’s Prime Minister Shinzo Abe is likely to extend a nationwide state of emergency imposed over the coronavirus, possibly by another month, local media reported.

The measure was initially declared on April 7 across seven regions experiencing a spike in infections, but was later expanded to cover the entire country.

Japan's Abe warns of "protracted battle against virus" ahead of likely extension of emergency period

TOKYO, April 30 (Xinhua) -- Japan will likely extend the nationwide state of emergency until the end of May at the earliest as the nation continues to grapple with containing the spread of the coronavirus pandemic, government sources said Thursday.

Prime Minister Shinzo Abe on Thursday reportedly told Toshihiro Nikai, secretary general of the ruling Liberal Democratic Party (LDP), that he was almost certainly going to extend the state of emergency past May 6.

Outsiders consider possibility of chaos in North Korea

TOKYO (AP) — North Korea’s collapse has been predicted — wrongly— for decades.

Some said it would happen after fighting ended in the Korean War in 1953. Others thought it would be during a 1990s famine or when national founder Kim Il Sung died in 1994. And when the death of his son, Kim Jong Il, thrust a little-known 20-something into power in 2011, some felt the end was near.

It’s no surprise then that recent rumors that leader Kim Jong Un is seriously ill have led to similar hand-wringing.

Many Japanese defy appeals to stay home to curb virus

Tokyo, Apr 30 (AP) Under Japan's coronavirus state of emergency, people have been asked to stay home. Many are not. Some still have to commute to their jobs despite risks of infection, while others continue to dine out, picnic in parks and crowd into grocery stores with scant regard for social distancing.

On Wednesday, the first day of the Golden Week holidays that run through May 5, Tokyo's leafy Shiba Park was packed with families with small children, day camping in tents.

JAPAN: BOJ may hold emergency meet for new loan scheme to combat pandemic

TOKYO (Reuters) - The Bank of Japan may hold an emergency meeting before a scheduled rate review in June to set up a reward scheme for financial institutions that boost lending to small firms hit by the coronavirus, Governor Haruhiko Kuroda said on Thursday.

Japan’s $1.1 trillion stimulus package has cheap loans on offer for firms hit by a virus-related slump in sales, and Kuroda has ordered staff to prepare a scheme spurring financial institutions to boost lending to such firms.

Many Japanese defy appeals to stay home to curb virus

TOKYO (AP) — Under Japan’s coronavirus state of emergency, people have been asked to stay home. Many are not. Some still have to commute to their jobs despite risks of infection, while others continue to dine out, picnic in parks and crowd into grocery stores with scant regard for social distancing.

On Wednesday, the first day of the “Golden Week” holidays that run through May 5, Tokyo’s leafy Shiba Park was packed with families with small children, day camping in tents.

JAPAN: Next year's Olympics will be cancelled if pandemic not over: Games chief

28 April 2020; AFP: The postponed Tokyo 2020 Olympics will have to be cancelled if the coronavirus pandemic isn't brought under control by next year, the organising committee's president warned, ruling out further delays.

The comments, in an interview with a Japanese sports daily published Tuesday, come as medical experts doubted whether the pandemic can be sufficiently contained by next year to hold an event drawing participants and spectators from around the world.

Next year's Olympics will be cancelled if pandemic not over

Tokyo, Apr 28 (AFP/PTI) The postponed Tokyo 2020 Olympics will have to be cancelled if the coronavirus pandemic isn't brought under control by next year, the organising committee's president warned, ruling out further delays.

The comments, in an interview with a Japanese sports daily published Tuesday, come as medical experts doubted whether the pandemic can be sufficiently contained by next year to hold an event drawing participants and spectators from around the world.

Japan gov't submits reworked extra budget to mitigate virus' economic blow

TOKYO, April 27 (Xinhua) -- The Japanese government on Monday submitted a reworked supplementary budget to the parliament to finance a number of emergency measures to help mitigate the overall economic blow from the coronavirus pandemic.

"The virus infections have been exerting an enormous impact on the domestic and overseas economies, and the extremely severe situation is expected to continue until we can see signs of the outbreak coming to an end," Japan's Finance Minister Taro Aso said in the lower house, calling for the budget's speedy approval.

Japan central bank eases monetary policy to counter pandemic

TOKYO (AP) — Japan’s central bank is making it easier for cash-strapped companies to get funding in response to the growing economic devastation from the coronavirus pandemic.

The Bank of Japan decided at a meeting Monday to ease monetary policy, including expanding the purchase of commercial papers and corporate bonds, which work to deliver cash to companies.

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