Japan's coronavirus-linked bankruptcies hit monthly record in Feb.

The number of coronavirus pandemic-induced corporate bankruptcies in Japan reached a monthly record of 126 in February, with the restaurant and apparel industries hardest hit, a survey by a credit research company showed Friday.The cumulative number of such bankruptcies since the start of the novel coronavirus outbreak in the country in February last year stood at 1,108, Tokyo Shoko Research said.With many companies staying afloat by relying on public support measures, pandemic-induced corporate failures could start increasing at a faster pace, it said.Of the cumulative bankruptcies, eating…READ FULL ARTICLE