BREAKING NEWS

Japan economy shrinks more than expected, adds to fears of global slowdown

By REUTERS

FEBRUARY 15, 2016 04:30

Updated: FEBRUARY 15, 2016 04:31

Japan's economy contracted an annualised 1.4 percent in the final quarter of last year as consumer spending slumped, adding to headaches for policymakers already wary of damage the financial market rout could inflict on a fragile recovery.

The data underscores the challenges premier Shinzo Abe faces in dragging the economy out of stagnation, as exports to emerging markets fail to gain enough momentum to make up for soft domestic demand.

Market speculation of additional monetary easing simmers, although the Bank of Japan's policy ammunition appears to be dwindling, analysts say, after it deployed negative interest rates last month.

Jewish Florida Rep. Hilary Cassel leaves Democrats over Israel policy

By JERUSALEM POST STAFF

12/27/2024 09:50 PM

US intelligence points to misidentification of Azerbaijani plane

By REUTERS

12/27/2024 09:49 PM

Israel reportedly to pursue a broader campaign against Houthis - report

By JERUSALEM POST STAFF

12/27/2024 09:07 PM

New York's Bryant Park holiday market in flames

By JERUSALEM POST STAFF

12/27/2024 07:34 PM