Tagged with 'japan'

Japan Economy Goes From Best to Worst on Export Slump, Yen Gain

Japan’s economy, only months ago predicted to be the best performing among the world’s most advanced nations, has become the worst.
Gross domestic product shrank an annualized 12.7 percent last quarter, the Cabinet Office said yesterday. The contraction was the most severe since the 1974 oil crisis and twice as bad as those in Europe or [...]