contraction

Japan’s state of emergency seen triggering first-quarter economic contraction

Business, Economy, Top News, World / By

FILE PHOTO: Pedestrians wearing protective masks following the coronavirus disease (COVID-19) outbreak, make their way on the first business day of the New Year in Tokyo, Japan, January 4, 2021. REUTERS/Kim Kyung-Hoon January 5, 2021 By Leika Kihara TOKYO (Reuters) – Japan’s likely decision to declare a state of emergency in the Tokyo area will …

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Developing Asia’s projected 2020 contraction to be less severe than expected, ADB says | One America News Network

Economy, Top News / By

FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China, October 19, 2020. REUTERS/Aly Song/ December 10, 2020 By Karen Lema MANILA (Reuters) – Developing Asia is on course to contract this year, but probably less than previously thought as China recovers faster than expected, although the prolonged pandemic remains a …

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