Topic: Japan
NARA/TOKYO, Japan (Reuters) - Bank of Japan board member Seiji Nakamura said solid global growth will help Japan's recovery accelerate later this year but warned that the country cannot afford policy paralysis when the wounds of the devastating earthquake in March have ...
Revelations that key sectors of the US economy were pummeled last month have rekindled fears that the world's largest economy faces protracted high unemployment and lackluster growth.Exactly two years after the recession officially ended, weakness in the jobs, housing and manufacturing sectors ...
Crisis still stalks the global economy with stagflation lurking and Japan set for recession this year despite moderate overall recovery, the OECD said on Wednesday, warning against complacency.The Organisation for Economic Cooperation and Development held its 2011 global growth forecast steady at ...
Japan's central bank chief on Wednesday likened the economic slump following the March 11 earthquake to the crisis following the collapse of Lehman Brothers -- but said there were already signs of recovery.An increasing number of plants are resuming production while there ...
Crisis still stalks the global economy with stagflation lurking and Japan set for recession this year, even though overall activity is staging a moderate recovery, the OECD said on Wednesday.The Organisation for Economic Cooperation and Development held its 2011 global growth forecast ...
WASHINGTON (Reuters) - It was fun while it lasted.After several strong quarters, the global economic recovery appears to be sputtering. In particular, the industrial sector, a key driver of the bounce-back from a historic worldwide recession, looks to be fraying."People need to ...
TOKYO (Reuters) - Japan's economy shrank much more than expected in the first quarter and slipped into recession after the triple blow of the March earthquake, tsunami and nuclear crisis hit business and consumer spending and tore apart supply chains.The Bank of ...
Japan's economy plunged back into recession in January-March, contracting sharply on the impact of the nation's biggest recorded earthquake, a tsunami and a nuclear crisis, data showed Thursday.The economy shrank by a much worse-than-expected 3.7 percent year on year, marking the second ...
TOKYO (Reuters) - Japan's economy shrank in the first quarter at nearly double the pace expected, effectively slipping into recession as the devastating earthquake in March hit business spending and private consumption.Gross domestic product fell 0.9 percent in the first quarter, much ...
SALT LAKE CITY (Reuters) - General Electric Co sees its best earnings growth prospects in a decade as the global economic recovery drives demand for the heavy energy and aviation equipment it makes, top executives said.Rising oil prices have not yet taken ...
