Topic: Tokyo

TOKYO (Reuters) - Japan's economy rebounded as expected in the third quarter from a recession triggered by a devastating March earthquake on robust exports and consumption, but persistent yen strength and sluggish global growth cloud its outlook.Companies' efforts to restore supply chains ...

TOKYO (Reuters) - Japan's economy shrank in the second quarter at a faster pace than initially reported as companies held back on capital expenditure due to worries about a rising yen and faltering global growth.Economists say Japan is likely to resume growing ...

TOKYO (Reuters) - Japan's economy contracted at a slower pace than expected in the second quarter as output and exports recovered from the devastating earthquake in March, but a soaring yen and slowing global growth clouds the outlook.***********************************************************KEY POINTS:-- Gross domestic product ...

Asian shares rose Friday, led by banks, after eurozone leaders finally struck a bailout deal for Greece that also puts in place steps to avoid contagion in other struggling economies.Relief that the multi-billion-dollar" class="inform">dollar agreement had been reached also sent the euro ...

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 ...

TOKYO (Reuters) - The Bank of Japan eased its ultra-loose monetary policy further on Monday by expanding its asset-buying programme while keeping rates on hold.KEY POINTS:-- The BOJ kept interest rates unchanged at a range of zero to 0.1 percent by a ...

Expats living in Tokyo are paying more rent than anywhere else in the world due to the soaring yen, while those in Hong Kong would have seen theirs rise 22 percent, a survey has revealed.For the privilege of living in the Japanese ...

In Europe, Britain's government is to unveil the harshest cuts for decades in a sweeping review of public spending expected to trigger half a million job losses as it tackles a record deficit.In France, attention was focused on continuing strike action and ...

In the first few days of July, the prices of gold and silver appeared to break a five-month upward trend by drawing back about five per cent from the record June peaks. Investors, as well as an increasing number of lay citizens, ...

The article offers information on the effect of recession on the luxury sector in Asia. Japan reportedly accounted for the worlds largest market with high per capita spending but was the first to show negative growth in luxury goods. 12 February 2009 ...