The chairman of the Japan Business Federation has expressed hope for the Cabinet of newly-elected Prime Minister Suga Yoshihide.
Nakanishi Hiroaki released a statement on Wednesday. He said he wants to praise the new Cabinet lineup as it can execute reforms across a wide range of areas without being restricted by precedents.
Japan's minister in charge of the coronavirus response says he hopes the government will come up with some results on how to curb infections by the end of this month, using artificial intelligence and other technologies.
Nishimura Yasutoshi on Wednesday addressed the government's expert panel, which includes Professor Emeritus at the National Graduate Institute for Policy Studies Kurokawa Kiyoshi and Kyoto University Professor Yamanaka Shinya.
The latest earnings forecast from Nissan Motor suggests the coronavirus is making life even harder for the struggling automaker. The firm is projecting a net loss of more than $6 billion in the current fiscal year.
Company executives say the loss for the April to June quarter reached 285.5 billion yen, or 2.7 billion dollars. They say the full-year net loss is likely to be 670 billion yen, or about 6.4 billion dollars. That's about the same as the previous year.