Japanese economy in technical recession
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The Japanese economy entered a technical recession after previous Gross Domestic Product figures were revised down to show three consecutive quarters of negative growth, but an official said the government was not ready to use the word recession.
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Japan&#39;s jobless rate rose unexpectedly last month while industrial output rebounded, according to data released Friday that painted a mixed picture of the health of Asia&#39;s largest economy.
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Machinery orders by Japanese firms fall in 2007, adding to fears about the health of the economy.
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A sharp fall in Japanese industrial output in January raises fresh questions about the strength of its economic recovery.
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Japan's economy is slowing due to weakness in housing investment and cautious corporate sentiment, the central bank chief said Thursday, hours after the bank left its benchmark interest rate at 0.5 percent.
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Rising energy costs triggered the biggest jump in Japanese consumer prices in almost a decade while industrial production slumped, the government said Friday, clouding the outlook for the world's No. 2 economy.
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The threat of a U.S. recession has central bankers around the world nervous  -  except for Japan's. Perhaps they should be
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Japan unexpectedly cut its estimate for second-quarter economic growth to a 1.3 percent annual pace, the slowest in more than a year, as manufacturers slashed inventories.
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Japan's industrial production falls and unemployment rises, providing more evidence of a slowdown in the world's second largest economy.
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The latest Japanese data painted a mixed picture of the world's second-largest economy, with a sharp improvement in the unemployment rate offset by continued deflation and modest industrial output.
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Japan's industrial output slipped unexpectedly in April, hit by falling car sales, official figures show.
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TOKYO: Japan&#39;s key Tankan survey showed business confidence at large manufacturers fell in December for the first time since March 2003, indicating the economic recovery has peaked out, economists said.
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Japan's Nikkei average ended down half a  percent on Friday as caution set in ahead of U.S. jobs data due  later in the day, with banks and drug firms succumbing to  profit-taking.
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The U.S. economy may be in recession,   based on Midwest manufacturing data, a report said on Thursday.
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Industrial output in Japan shows a surprise drop of 0.7% in July, as export growth slows, the government says.
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Japan's economy grew at a worse-than-expected annual pace of 0.3 percent in the third quarter as exports and capital expenditures weakened.
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Japanese prices fall for a seventh straight month making a rate rise by the end of the year less likely.