Japan's production fails to grow
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Japanese industrial production fails to expand for a second month in a row, official figures show.
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TOKYO  - Japan's economy barely grew during the quarter ending Sept. 30 and in the April-June period it actually shrank instead of squeezing out slight growth, according to revised government data released Wednesday.
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Growth in manufacturing slowed from the euro zone to Japan in October as strong oil prices and a stuttering global economy took their toll, although British companies performed better, survey data showed.
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TOKYO: The Bank of Japan downgraded its assessment of production in a monthly report yesterday, saying there were some weak movements in output due to inventory adjustments in information technology-related sectors.
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Confidence at Japanese companies fell to its lowest level in more than two years, a closely-watched Bank of Japan survey showed Friday, amid rising anxiety about a possible slowdown in the U.S. economy and recent market turmoil.
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Japan's industrial output hits a record level, as the world's second-largest economy continues to recover.
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The Japanese economy is close to stagnation, according to revisions to official figures yesterday that cut the estimate of GDP growth to just 0.1 per cent.
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Japanese small-caps are among the world&#39;s worst-performing stocks. The main indices took a tumble at the beginning of last year and analysts say they are not likely to return to their January 2006 records.
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TOKYO -- With a surfeit of the old and a shortage of the young, Japan is on course for a population collapse unlike any in human history.
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Japanâs economy contracted in the April-June quarter, the government said in a revision of its preliminary estimate that it had expanded. The latest data suggest that Japanâs economy may be suffering a slowdown in its pace of growth, making it harder for the Bank of Japan to raise interest rates anytime soon. The government said the nationâs gross domestic product fell 1.2 percent on an annual basis in the April-June period, the first contraction in three quarters. Its preliminary estimate was that the economy had grown 0.5 percent in the spring quarter.
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The Japanese government downgraded its view on the economy slightly on Tuesday, citing weaker exports and output, but it said a recovery was continuing due to steady domestic demand, in terms of both personal consumption and capital spending.  "The economy continues to recover, while some weak movements have been seen recently," the government said in its monthly economic report.
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The mammoth earthquake that ravaged northern Japan this week did more than take lives and trigger radioactive leaks. It nailed some of the most important industries undergirding growth in the world's second-biggest economy.
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Japan downgraded its economic assessment for the first time in more than a year on Tuesday, noting slower export growth and curbed production, but said the recovery is continuing.
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JAPAN&#39;S second largest carmaker, Nissan Motor, is being forced to suspend output because of a severe steel shortage. Japan&#39;s largest steel company, Nippon Steel, said it was unable to meet Nissan&#39;s request
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Japan's economy has grown more slowly than predicted, figures show, raising question marks over its recovery.
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Japan's economy grows just 0.1% in the third quarter, hit by faltering exports and a slowdown in corporate investment.
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JapanÂs economy grew at a slower pace than previously reported in the most recent quarter, a sign that a long expansion may be losing steam.