Monday, 16th May 2022
<To guardian.ng
Search

Japan’s stocks soar despite economy shrinking in 2020

By France24
15 February 2021   |   12:26 pm
Tokyo's Nikkei closed above the 30,000 yen mark for the first time since 1990, despite Japan reporting its first annual GDP contraction since the 2009 financial crisis.

Related

10 Oct 2021
New Prime Minister Fumio Kishida faces many economic challenges, not least the impact of the pandemic. However, major policy changes are not expected, at least in the short term.
9 Oct 2021
Beijing has taken aim at its high-tech, energy and property sectors in recent months, spooking investors who were used to decades of unprecedented growth. How much self-inflicted pain can China's economy endure?
10 Oct 2021
While the rest of the world literally looks up to the Dutch, the tallest people in the tallest country on earth insist it's not easy being so big. So an official study by the Dutch national statistics office CBS finding that they appear to be shrinking might be construed as good news -- even if it could threaten the Netherlands' number one spot as the world's loftiest nation.
13 Oct 2021
As climate change contributes to more powerful Pacific storms, a new research center wants to better understand the threats they pose and utilize the energy they generate to help Japan reach zero carbon emissions.
14 Oct 2021
Prime Minister Fumio Kishida is seeking a mandate for his policies in the October 31 parliamentary election. Meanwhile, the opposition has vowed to close Japan's income gap.
22 Oct 2021
Mount Aso volcano spews a giant column of ash thousands of metres into the sky, after the late-morning eruption in southwest Japan. The active volcano ejected hot gas and ash as high as 3,500 metres (11,500 feet), and sent stones tumbling down its grassy slopes.
29 Oct 2021
A Netflix-funded anime academy in Tokyo trains the next generation of cartoon artists as global demand for the genre soars. Japan is facing a shortage of skilled animators, in part because most face years toiling in low-paying jobs to learn the ropes, meaning much of the painstaking frame-by-frame drawing work is outsourced overseas.
31 Oct 2021
Japan is holding a parliamentary election, which is the first big test for the new prime minister. A poor showing for the ruling party could threaten a return to the country's history of revolving-door premiership.
1 Nov 2021
Prime Minister Fumio Kishida's Liberal Demorats are expected to retain enough seats to keep power, but the new administration will need to get the economy back on track while navigating regional security challenges.
4 Nov 2021
India's Narendra Modi has spoken in Glasgow on Monday and Japan's new Prime Minister Fumio Kishida was en route. But President Xi Jinping of China, the world's biggest emitter of greenhouse gases, skipped attendance.
13 Nov 2021
Almost three months after the Taliban swept to power in Afghanistan, the country's economy is imploding. Many NGOs and foreign companies have left, leaving thousands of Afghans suddenly unemployed. Some $9.5 billion of assets have been frozen abroad and banks are running out of money. The value of the local currency is plummeting and food prices have soared. This dire situation is pushing thousands of Afghans to flee the country. FRANCE 24's Catherine Norris-Trent and Roméo Langlois report.
9 Nov 2021
The S&P 500, Dow Jones Industrial Average and NASDAQ have all hit records after a better-than-expected jobs report from the US Labor Department.