Economy" articles

  • Japan’s economy contracts in first quarter

    By Reuters Tokyo (Reuters) — Japan’s economy contracted in the first quarter, squeezed by weaker consumption and external demand and throwing a fresh challenge to policymakers as the central bank looks to lift interest rates away from near-zero levels. Preliminary gross domestic product (GDP) data from the Cabinet Office on Thursday showed Japan’s economy shrank 2.0% annualized in the January

  • Japan’s economy contracts in first quarter

    By Reuters Tokyo (Reuters) — Japan’s economy contracted in the first quarter, squeezed by weaker consumption and external demand and throwing a fresh challenge to policymakers as the central bank looks to lift interest rates away from near-zero levels. Preliminary gross domestic product (GDP) data from the Cabinet Office on Thursday showed Japan’s economy shrank 2.0% annualized in the January

  • Japan's economy shrinks by 0.5% in Q1

    The Japanese gross domestic product (GDP) decreased by 0.5% in the first quarter of 2024 compared to the previous quarter, the Cabinet Office said in a report on Thursday. Japan's economy shrunk m