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Japan firms want Suga to become next PM, tackle fiscal reform
TOKYO: A majority of Japanese firms want top government spokesman Yoshihide Suga to become the next prime minister as many see no need to change the status quo on stimulus policy at least until the coronavirus crisis ends, a Reuters poll found.
Japan’s Suga vows to put growth ahead of fiscal reform, stay course on Abenomics
TOKYO: Yoshihide Suga, on course to become Japan’s next prime minister, said he would maintain incumbent premier Shinzo Abe’s policy prioritising economic growth over efforts to fix the country’s tattered finances.
Cash squeeze looms for frenzied amateur stock traders
KUALA LUMPUR: Forced to stay home when Malaysia deployed its army to ensure strict adherence to a virus-induced lockdown earlier this year, Victor Yap sat in his living room, listening carefully to a March 27 speech by the nation’s premier.
Japan’s economy sinks deeper into contraction
TOKYO: Japan’s economy sank deeper into its worst postwar contraction in the second quarter as the coronavirus jolted businesses more than initially thought, underscoring the daunting task the new prime minister faces in averting a steeper recession.
Japan's Suga signals chance of calling snap election
TOKYO: Japan's chief cabinet secretary Yoshihide Suga signalled the possibility of calling a snap election if he were to become the country's next prime minister, the Asahi newspaper reported on Tuesday.
Italy’s business elite gets a taste of govt intervention
ROME: Italian Prime Minister Giuseppe Conte made it clear to the country’s corporate elite that he’ll be calling the shots more often in a pandemic-stricken economy.
Laybuy set for Australia listing as "buy now, pay later" sector booms
New Zealand's Laybuy is listing in Australia on Monday at a time when the buy-now-pay-later sector is being propelled by an online shopping boom sparked by COVID-19, forging one of the hottest investor spaces during the pandemic.
Japan’s Suga gives fiscal, monetary policy views
Likely Abe successor says monetary policy to continue
Insight - Suga as premier may not be a sweet deal for BoJ
THE growing likelihood that Yoshihide Suga will succeed Shinzo Abe as Japan’s new premier may be a mixed blessing for the country’s central bank.
BoJ may need to focus more on jobs
TOKYO: The Bank of Japan (BoJ) may need to pay more attention to job and household income in guiding monetary policy, according to deputy governor Masazumi Wakatabe, as the coronavirus pandemic pushes the economy deeper into recession.
