Japan&#39;s central bank downgrades its assessment of the economy? ...
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Japan&#39;s central bank downgraded its assessment of the economy for the first time in more than a year Friday, citing weakening industrial production and slowing export growth.
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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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Japanese companies were less upbeat in December than they were three months ago, amid recent data indicating that the world's second-largest economy may be losing steam, a key government survey showed Wednesday.
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Japan's rate of economic expansion is revised downwards for the three months to June amid falling government investment.
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Japan&#39;s economy grew 0.3 percent in April-June from the previous quarter, less than the 0.4 percent growth rate initially estimated, the government said Friday.
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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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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 effect of Japan&#39;s currency sales this year and last on the value of the yen are ``difficult to judge,&#39;&#39; Federal Reserve Chairman Alan Greenspan said.
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Japan's unemployment rate unexpectedly falls to a nine-year low, making a rise in interest rates more likely.
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A string of disappointing economic reports released Tuesday heightened concerns that Japan's recovery may be fading fast.
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Japanese stocks slipped Friday in erratic trading after a key central bank survey showed confidence at Japanese companies fell to its lowest level in more than two years.
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Confidence among Japanâs big manufacturers deteriorated for the first time in seven quarters, although their capital spending plans were revised higher, the Bank of Japanâs âtankanâ survey for December showed on Wednesday.
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Expected 2007 eurozone economic growth is downgraded after the recent markets turmoil.
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Japanese consumer spending dips and unemployment rises, so interest rates are now no longer expected to rise soon.
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TOKYO  - Japan downgraded its economic assessment for the first time in more than a year Tuesday, noting slower export growth and curbed production, but said the recovery is continuing.
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TOKYO Sept. 10, 2004 - Japan revised its economic growth numbers for the April-June quarter downward Friday, but analysts shrugged off the report and said recovery was on solid footing for the world&#39;s second largest economy.
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Support for Japanese Prime Minister Shinzo Abe falls to its lowest level yet, a new poll shows.