Japan

Coronavirus Cases Surpass 1,000 in Japan; Amazon Office Worker Confirmed Case
Coronavirus Cases Surpass 1,000 in Japan; Amazon Office Worker Confirmed Case
March 04, 2020  |  Cross-border Payments

The coronavirus could have wide-reaching effects on eCommerce, sporting events, travel, technology, and the economy as a whole. Here are the latest updates on the...

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Coronavirus Closes Tokyo Disneyland, Large Events Banned In Switzerland
Coronavirus Closes Tokyo Disneyland, Large Events Banned In Switzerland
February 28, 2020  |  Cross-border Payments

Tokyo Disneyland will be closed from Saturday (Feb. 29) to at least March 15 due to concerns over containing the spread of the coronavirus, according...

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Japan Regulators Want Rakuten To Shelve Free Shipping Offer
Japan Regulators Want Rakuten To Shelve Free Shipping Offer
February 28, 2020  |  Retail

The Fair Trade Commission in Japan (JFTC) has asked eCommerce company Rakuten to delay its plans to offer free shipping, which would take effect on...

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Japan’s Central Bank Calls For Nuance With Gov-Backed Crypto
Japan’s Central Bank Calls For Nuance With Gov-Backed Crypto
February 27, 2020  |  Cryptocurrency

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said that before they issue their own digital currencies, central banks around the world should attempt to...

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Amazon In Japan Could Face Inventory, Production Impacts From Coronavirus
Amazon In Japan Could Face Inventory, Production Impacts From Coronavirus
February 26, 2020  |  Cross-border Payments

The coronavirus (COVID-19), which began in China, has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors from travel...

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Rakuten, Walmart’s Grocery Unit Cash In Growth In Japan
Rakuten, Walmart’s Grocery Unit Cash In Growth In Japan
February 20, 2020  |  Retail

Walmart, which has been struggling in Japan for a number of years, is seeing eye-opening growth in its online food grocery delivery service, according to...

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Japan Takes Aim At Big Tech eCommerce Transparency
Japan Takes Aim At Big Tech eCommerce Transparency
February 20, 2020  |  eCommerce

Earlier this week, Japan’s cabinet proposed a bill that seeks to, as reported by the country’s national daily, The Mainichi, “improve contract transparency” for deals...

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Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6 Pct Economic Contraction
Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6...
February 18, 2020  |  News

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers...

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Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  Cross-border Payments

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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