You are here

More negative news on the economy surfaces in Tokyo

Fitch's doubts on the sovereign debt standing of Japan, among other things, make Abenomics a tougher sell ahead of election

Customers shop for seafood in the Ueno district in Tokyo. News had come last week that the Japanese economy's slide back into recession in the third quarter of 2014 was steeper than had been estimated.


BAD news continued to dog Japan's economy on Wednesday: a third international rating agency cast doubts on the country's sovereign debt standing, wholesale prices were shown to have fallen last month, and a business survey revealed deteriorating sentiment among large Japanese

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom