It contracted 2.9% in July-September. Two straight quarters of contraction are considered an indicator an economy is in a technical recession. Japan’s economy was the second largest until 2010 ...
Japan has fallen into recession for the first time since 2015 as the financial toll of the coronavirus continues to escalate. The world's third biggest economy shrank at an annual pace of 3.4% in ...
Japan’s economy managed to grow in the fourth quarter of last year, averting a recession, according to revised government data released Monday that had previously shown a contraction. Real gross ...
Japan has avoided falling into a technical recession after its official economic growth figures were revised. The revised data shows gross domestic product (GDP) was 0.4% higher in the last three ...
Two major economies fell into recession at the end of last year, but that’s not hurting their stock markets much. Gross domestic product in Japan and the U.K. declined for two consecutive ...
The Bank of Japan is set to maintain ultra-low interest rates next week, and probably signal a less dovish policy outlook due ...
Fiscal and monetary policies like cutting taxes or lowering interest rates can coax an economy out of recession. Enough on our economy. Japan and the UK are technically in a recession. These ...
This is what we now recognize as a "balance-sheet recession," a term the Nomura economist Richard Koo coined in 1997 to describe Japan's economic sluggishness as society paid down debt from its ...
America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — ...