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Japan's economic slowdown deepens

Sources say Abe is to convene an advisory panel to consider an extra budget for the coming fiscal year

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Mr Abe also plans to launch talks with experts from Japan and overseas to analyse the global economy and to study ways of stabilising financial markets.

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Minister Taro Aso defended the Bank of Japan's negative interest rate policy, saying that the move was already having positive effects.

Tokyo

GROWING signs of an economic slowdown in Japan, revealed in data published on Tuesday, were greeted with news that Prime Minister Shinzo Abe's government might opt to announce fresh fiscal stimulus for the world's third largest economy before long.

Japanese corporate profits

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