Japanese economy shrinking

Courtesy BBC Finance  Wed, 08/13/2008 - 1:33am

The Japanese economy contracted by 0.6% between April and June, prompting fears that it is sliding towards recession.



 

More related items

Shares struggle on Asian markets
Major stock markets in Asia fall on Wednesday after weak company results in the US renew fears of a recession there.

Spanish house sales drop sharply
Spanish house sales fall steeply, as fears rise that the crumbling property market could soon tip the country into recession.

Surprise jump in Japanese output
Japanese industrial output rose 0.9% in July, but analysts say the surprise jump does not ease fears of a recession.

Dollar increases against the euro
The dollar climbs towards a six-month high against the euro, as fears remain about a European recession.

UK economy comes to a standstill
UK economic growth ground to a halt between April and June, official figures show, heightening fears of a recession.


 

Post new comment

The content of this field is kept private and will not be shown publicly.