Disasters come at a bad time for Japan economy: analysts
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The recent series of typhoons and tremors to have hit Japan are likely to hurt the world's second largest economy just as it is showing signs of vulnerability, analysts say.
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Japan's Nikkei average closed down 0.79  percent on Friday after the government surprised the market  with a downward revision to economic growth figures.
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Japanese consumer goods prices fell again in October, as some analysts predict deflation will continue until 2006
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Japanese stocks plunged Friday on the first day of trading of 2008, closing more than 4 per cent lower at their weakest levels in a year and a half as a slumping dollar and fears of a US recession battered investor confidence.
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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's Nikkei average closed down 0.79 percent on Friday after the government surprised the market with a downward revision to economic growth figures.
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Japanese prices fall for a seventh straight month making a rate rise by the end of the year less likely.
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The devastating earthquake and tsunamis that hit Asian countries will deal a fresh blow to the tourism industry there but aren't expected to produce crippling economic problems in the region or in the United States, economists said.
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Japanese stocks fell Thursday as traders sold real estate and shipbuilders amid concern about the slowdown of Japan's economy.
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Japan's GDP fell by 0.1% in the last quarter of 2004, taking the country into recession.
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Tokyo&#39;s Nikkei share average fell 2.2 percent by midday Monday as a sudden rise in the yen&#39;s value hurt exporters, while a weekend earthquake that hit northern Japan
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After a major earthquake and 10 typhoons, there's more concern that the system can't handle such disasters.
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A nuclear plant hit by an earthquake may not be able to reopen for more than a year, Japanese reports say.
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Japanâs most closely watched business sentiment barometer rose to its highest in 13 years in September but the outlook for the coming months dimmed, underscoring concern that the economic recovery is losing steam.
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As talk of an American recession has helped batter global financial markets, economic policy makers in Japan have largely sat on the sidelines.
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TOKYO - Tokyo stocks opened lower Monday due to economic uncertainties following powerful earthquakes that hit northern Japan over the weekend.
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Tokyo stocks fell sharply Monday morning due to economic uncertainties following powerful earthquakes that hit northern Japan over the weekend.