Key words : dow jones ended the session
https://www3.nhk.or.jp/nhkworld/en/news/20200612_06/
A key stock index in New York has tumbled more than 1,800 points. The drop comes amid growing concerns about economic prospects due to comments by the Fed chief and increased fears of a possible second wave of the coronavirus.
The Dow Jones Industrial Average ended the session at 25,128 on Thursday, down 1,861 points, or 6.9 percent, from the previous day.
The drop is the sharpest since March 16 and the fourth largest on record.
Investors took a cue from Thursday's steep falls in Tokyo and Europe, prompted by US Federal Reserve Chair Jerome Powell's expression of concern the previous day about the economic outlook.
The daily count of confirmed coronavirus cases has been rising in the US in recent days. This has fueled worries that a potential second spike in infection numbers could have a long-term impact on the US economy.
Market players say economic circumstances have largely remained steady recently. But they say the Dow's drop became precipitous partly because of the recent continued rally.
Key words : nikkei overheating
https://www3.nhk.or.jp/nhkworld/en/news/20200612_17/
On the Tokyo Stock Exchange, the benchmark Nikkei Average briefly dropped more than 600 points on Friday on concerns that the coronavirus outbreak will have a prolonged impact on the economy.
Share prices fell across the board from the opening after the Dow Jones Industrial Average in New York plunged 6.9 percent on Thursday.
The Nikkei Average briefly shed more than 680 points before regaining some lost ground. It ended the morning session at 22,131 points, down 341 from the previous day's close.
The TOPIX index of all first-section issues was down 28 points, to 1,560.
The tumbling of shares was prompted by US Federal Reserve Chair Jerome Powell's expression of prudence about the economic outlook. The recent increase of coronavirus cases in the United States also added to worries over the economy.
Tokyo shares have been rallying, buoyed by expectations for the resumption of economic activities. Some analysts had said the market is overheating.
Following the latest plunge, analysts say the market may have entered a phase where share prices will move toward a level that reflects the real economy. They predict that the market will remain volatile for the time being.
Key words : United States 2 million
https://www3.nhk.or.jp/nhkworld/en/news/20200611_29/
The number of coronavirus cases in the United States has exceeded 2 million, with new infections rising in nearly half the states.
Data compiled by Johns Hopkins University shows that the number of confirmed cases in the country reached 2,000,464 on Wednesday.
According to analysis by the New York Times, daily numbers of confirmed cases are rising in 21 of the country's 50 states, including California and Florida, as governors ease restrictions.
The newspaper mentioned increased PCR testing capacity in those states as a factor in the rise in new case numbers.
The coronavirus death toll in the United States has exceeded 110,000, but the daily number of deaths has been falling recently.
Experts have voiced concerns that ongoing nationwide protests against police brutality and racial injustice may lead to a rise in coronavirus cases.
Dr. Anthony Fauci, a key member of the White House coronavirus taskforce, told ABC News on Wednesday that such large gatherings are "taking a risk."
He added, "Masks can help, but it's masks plus physical separation."
Key words : metropolitan improved lifted
https://www3.nhk.or.jp/nhkworld/en/news/20200611_31/
The Tokyo Metropolitan Government is lifting the capital's coronavirus alert. This paves the way for step three, which allows bars and restaurants to stay open until midnight and allows amusement parks and pachinko parlors to reopen.
The metropolitan government issued a "Tokyo alert" on June 2 following a spike in cases. The alert urged residents to remain vigilant against the virus with government buildings lit up in red as a reminder.
The decision to lift the alert comes after the situation improved in recent days. So far Tokyo has reported 22 newly confirmed cases on Thursday. In the previous four days the daily figure was below 20.
Last month the central government lifted a nationwide state of emergency as the number of new cases across the country decreased.
Key words : lawmaker expected to pass
https://www3.nhk.or.jp/nhkworld/en/news/20200612_08/
Japan's Diet is expected to enact a second supplementary budget for the current fiscal year on Friday to respond to the impact of the coronavirus outbreak.
The economic package is worth 31.9 trillion yen, or more than 298 billion dollars, a record for a supplementary budget.
The Upper House is expected to pass the bill on Friday afternoon after the chamber's budget committee approves it earlier in the day.
The budget includes a program to finance rents for businesses that suffer sales declines, as well as subsidies to help businesses pay some layoff benefits to employees.
Lawmakers in the budget committee on Thursday discussed the economic fallout of the outbreak as well as the process of commissioning a private-sector implementation of financial measures to help businesses survive.
They will discuss the issues further on Friday, with all Cabinet ministers in attendance prior to the vote.
Key words : denuclearization NHK
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Key words : top church university
https://www3.nhk.or.jp/nhkworld/en/news/20200612_05/
The top US military officer has apologized for accompanying President Donald Trump on a walk to a church after authorities dispersed peaceful protesters to clear the way to the site.
The demonstrators were rallying near the White House on June 1 following the death of George Floyd. The African-American man died after a white police officer pinned him to the ground with a knee on his neck.
But law enforcement officers removed the protesters to make way for Trump to move to the church and pose for photographers holding a Bible. Critics say the authorities violated the protesters' constitutionally guaranteed rights.
The Joint Chiefs of Staff Chairman, General Mark Milley, joined Trump on the walk to the church. On Thursday he issued an apology in a video commencement speech to the National Defense University.
Milley said his "presence in that moment and in that environment created a perception of the military involved in domestic politics." He added that as a commissioned uniformed officer, it was a "mistake" and that he has learned from it.
His remarks may further frustrate Trump as he tries to deal with ongoing nationwide protests against police brutality and racial injustice.
Defense Secretary Mark Esper did not support Trump's suggestion that federal troops be deployed to quell the demonstrations.
Key words : weather Yoko Komagata
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