Japan’s stocks soar despite economy shrinking in 2020
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
Related
2 Sep
For decades, the United States and Soviet Russia were the only countries that had landed on the moon. Then came China and India. Now, Japan is trying for the second time in 2023.
2 Sep
Tokyo has summoned the Chinese ambassador over hundreds of crank calls believed to originate from China. Japan has begun to release treated water from the Fukushima nuclear power plant, which Beijing says is not safe.
30 Aug
People in northeastern Japan, especially fishermen, fear that the controversial decision to release treated radioactive water from the Fukushima nuclear plant will inflict new hardships on them.
30 Aug
Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.
3 Sep
As a group of senior Gabonese military officers announce they have seized power and placed President Ali Bongo under house arrest, we take a closer look at Gabon's economic situation. The Central African nation is the fourth-largest oil producer in sub-Saharan Africa, but a third of its population lives below the poverty line. One particular source of frustration lies in the high levels of corruption: the country ranks 136th in Transparency International's Corruption Perceptions Index.
9 Sep
Countries around the world continue to report extreme temperature records. In India, August was not only the hottest but also the driest on record.
9 Sep
Japan is marking 100 years since a devastating earthquake triggered a widespread inferno in Kanto, a region that includes the capital Tokyo. Most victims perished in the fire.
6 Sep
The release of wastewater from the Fukushima nuclear plant prompted China to ban Japan's seafood imports. Japanese officials say they are now looking to boost export markets in places such as Taiwan, the US and Europe.
11 Sep
Japan's lunar mission comes two weeks after India successfully landed its craft on the moon's south pole.
10 Sep
Vice Chancellor Robert Habeck said Germany remains a "highly attractive location" for investors. But the statistics agency said industrial output fell for a third straight month, and that wasn't the only negative news.
12 Sep
Gambling in Japan operates in the shadows, yet it accounts for nearly half of sales in the country's leisure sector. And for some, a harmless pastime can turn into a dangerous addiction. About three million Japanese are thought to have experienced a gambling addiction at some point in their lives. Earlier this year, the government approved plans to build Japan's first casino, a long-awaited move that has divided public opinion. Our correspondents report on Japan's troubled relationship with gambling.
13 Sep
Fumio Kishida named new foreign and defense ministers in reshuffling his 19-member Cabinet. The Liberal Democrat leader is facing trouble at home as he sinks in opinion polls ahead of possible snap elections.
Latest
1 hour ago
The next Olympic host nation has been embroiled in a debate around head coverings, even though no high-level French athletes wear them. It has become an increasingly thorny subject in a number of sports.
1 hour ago
France's ambassador to Niger has left the country amid a deterioration of relations between the West African country's new military rulers and the former colonial power.
3 hours ago
Britain has given the go-ahead to the development of Rosebank in the North Sea. Located 130 kilometres northwest of the Shetland Islands, it's the largest untapped oil field in the UK and is estimated to contain up to 300 million barrels of crude. The government argues Rosebank will help bolster Britain's energy security, but environmental groups disagree. Plus, in a major blow to TikTok, Indonesia has banned trading of goods on social media platforms, saying it’s harming millions of physical retailers.
3 hours ago
The West African country's military government — which seized power from a different junta a year ago — said it has detained four people for attempting a coup.
3 hours ago
Hundreds of Russian soldiers have deserted, but many do not have passports and are trying to get to safety in the West for fear of extradition. DW spoke to three of them.
