Society | Sep 09

Japan's Economy Faces Persisting Headwinds, BofA Says

Izumi Devalier, head of Japan economics at BofA Global Research, discusses the outlook for the world's third-largest economy and policies.

The economy was expanding at a faster pace than initially estimated last quarter ahead of a record surge in virus cases that contributed to Prime Minister Yoshihide Suga’s decision to step down.


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Last year saw a record-breaking 1,963 prohibition orders issued in Japan under the Stalking Control Law, marking the highest number to date.

Currently, there's a rapid increase in individuals suffering from "spring fatigue." You might be affected without even realizing it.

The emergence of the Gifu butterfly, a harbinger of spring, has commenced once again this year in Fukuchiyama City, Kyoto Prefecture.

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JAXA has announced the revival of the unmanned explorer "SLIM" following its successful hibernation after making Japan's first moon landing. The probe successfully endured a second lunar night, a period during which temperatures can drop to as low as minus 170 degrees Celsius.

As more people keep pets indoors, there has been a call for caution regarding unexpected pet behavior leading to fire accidents.

Seven-Eleven have extended the expiry date of its hand-rolled onigiri (rice balls), including salmon, plum, kelp, spicy cod roe, and tuna mayonnaise varieties.

The Japanese government finalized a new strategy on Wednesday aimed at the development of next-generation domestic aircraft, including initiatives for eco-friendly aviation technologies.

During a visit to Mie Prefecture, Princess Aiko, the daughter of Emperor Naruhito and Empress Masako, immersed herself in the rich tapestry of Japan's past at a museum within the sacred precincts of Ise Shrine on Wednesday morning.

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