Japan in tentative recovery after last year's slump
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
JAPAN's economy emerged only falteringly from recession in the final quarter of last year as both personal consumption and corporate capital investment levels fell short of expectations, but the Tokyo stock market rose to a near-eight-year high on Monday, in anticipation of stronger recovery in coming months.
The Nikkei 225 stock average rose by 0.5 per cent to 18,004.77, after prime minister Shinzo Abe and other government ministers insisted that the world's third largest economy was on track for recovery despite the latest weak output data.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts