A sharp downturn in business investment and global demand for Japan's exports in late 2008 pushed Japan further into a recession. Japan's huge government debt, which totals 170% of GDP, and the aging of the population are two major long-run problems.
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Trade was also weighed by news that the Japanese economy did not grow as much as previously thought ... Investors were waiting for a central bank meeting in the Philippines later Thursday. Oil was lower, with New York’s main contract, light sweet ...
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- Japan's economic growth rate revised down - BBC Business
HSBC economist Seiji Shiraishi said the Japanese economy was likely to slow towards the summer, "chiefly because the boost from government stimulus on private consumption is likely to peter out". Japan has the world's second-largest economy, behind ...
- Japan's exports show strength - FreshPlaza
That will have a certain negative impact on the Japanese economy," said Mizuho Research Institute's Mr. Matsumoto. Meanwhile, imports posted their first on-year rise in 15 months, due in part to higher oil and other raw materials prices.
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