About: http://data.cimple.eu/news-article/541e7ae9147709111142ed6f233d3b8b33b1dead12e8a8ad4671a680

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/541e7ae9147709111142ed6f233d3b8b33b1dead12e8a8ad4671a680 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Japan's central bank Tuesday ramped up aid for businesses struggling with the fallout from the coronavirus pandemic, as it attempts to ease the recession in the world's third-largest economy. The Bank of Japan (BoJ) expanded its zero-interest loan programme to firms to 90 trillion yen ($837 billion) from 55 trillion yen. Its total war-chest for companies amounts to 110 trillion yen when corporate bond purchases are taken into account. "Japan's economy is likely to remain in a severe situation for the time being due to the impact of COVID-19 at home and abroad, although economic activity is expected to resume gradually," the bank said following a two-day policy meeting. It vowed to "closely monitor" the effects of the virus on the Japanese economy, which has dived into its first recession since 2015. The BoJ made no change to its ultra-loose monetary policy framework, which involves unlimited purchases of government bonds and a negative interest rate. Japan was struggling from the effects of natural disasters and a hike in consumption tax even before the pandemic crippled the global economy. Consumer spending has slowed to a crawl despite Japan's relatively low infection numbers and death toll from the pandemic. A recent spike in cases in Tokyo has raised fears of a second wave. Along with the central bank, the Japanese government has scrambled to pass emergency budgets -- including one worth nearly $300 billion that passed the parliament last week -- to keep the economy moving. kh/ric/dan
schema:headline	Bank of Japan boosts aid for coronavirus-hit firms
schema:mentions	Interest rate Recession Japanese language Pandemic Virus Coronavirus Severe acute respiratory syndrome coronavirus 2 Corporate bond Consumer spending Consumption tax Boj (TV series) Monetary policy Economy of Japan Japanese yen Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	82 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software