Japan's big growth streak just came to an end

Watch video 01:22  Japan's economic upswing comes at a cost

The Japanese economy shrunk in early 2018, recording its first quarterly contraction since late 2015.

"Globally, IT-related items have been in an adjustment phase, which weighed down Japan's exports and factory output", said SMBC Nikko Securities economist Yoshimasa Maruyama.

But potential fallout from Sino-U.S. trade frictions and global protectionism cloud the outlook for Japan's export-reliant economy in the coming quarters, they say. "The global economy is performing well and a yen is trading beyond 110 yen against the dollar, so once exports start to grow again, the economy will return to a moderate growth path", he said.

Stalker 2 is in development (again)
STALKER gave birth two a few follow-up games in STALKER : Clear Sky in 2008, and then STALKER : Call of Pripyat in 2010. Ultimately, we will more than likely learn more about the second game straight from the horse's mouth sometime soon.

Policymakers worry that next year's planned sales tax hike could hurt fragile domestic demand as sluggish wages keep a lid on consumer spending, despite the record profits earned by Japanese corporations.

That marked the end of the longest sequence of growth since a 12-quarter run between April-June 1986 and January-March 1989 during the asset-inflated bubble economy.

Exports rose 0.6 percent.

Iran official says Europe has 60 days to give nuclear 'guarantees'
Each company and bank will have to decide whether to risk being cut off from the USA financial system. He has helped guide Iran's economy through the web of previous sanctions placed on that country.

The surprise quarterly decline saw the seasonally-adjusted annual rate decline to -0.6%, below the -0.2% level forecast by economists. Heavy snows in February also restricted household spending by keeping consumers inside and driving up vegetable prices.

As of 9:15 a.m. local time, the 225-issue Nikkei Stock Average dropped 47.21 points, or 0.21 percent, from Tuesday to 22,770.81. This article is strictly for informational purposes only.

28 killed by keyless cars
But a wireless key opens the possibility for a driver to exit a vehicle with the key without turning it off. The issue first came to the attention of the Society of Automotive Engineers .

Related News:



Most liked

England recall Buttler for first Test vs Pakistan
The Somerset bowler has been given the nod ahead of Moeen Ali after Jack Leach suffered a broken finger. Lancashire's wicketkeeper-batsman is in the squad for the first time since the tour of India in 2016.

US Market Indexes Close Lower on Tuesday
Stocks struggled to a mixed finish on Wall Street as weakness in smaller-company stocks offset gains in large companies. Bond prices fell, sending yields higher, after the government reported a solid increase in retail sales last month.

We Now Know When The BMW 8 Series Coupe Will Break Cover
At the event the BMW M8 GTE , a sportier and performance-focused version of the vehicle , will also be competing at the competition.

Syrian Armed Opposition Arrives in Astana for 9th Round of Talks
The necessary conditions to determine the release process of captives and hostages were also discussed. The global meeting on the settlement in Syria will be held in Astana on May 14-15.

NBA Playoffs: Celtics vs
Expect him to be particularly aggressive in the opening quarter, looking to attack both Morris and the rim at any opportunity. He often kept Wilt from doing any of his normal moves, including a turnaround jump shot that stunned every big in the league.

California moves to require solar panels on all new homes
Some homes that are shaded by trees or taller buildings, or have roofs that are too small for panels, would be eligible for exceptions.

20th Century Fox releases Bohemian Rhapsody's first trailer
Bryan Singer , famous for X-Men, was the director of the movie but he got fired after he disappeared suddenly from the movie set. It centres largely around the recording of the latter song.

Jailed Malaysian leader Anwar Ibrahim set to walk free
He's expected to succeed the country's new leader Mahathir Mohamad, who won last week's election in a shock upset. A royal pardon would reverse Mr Anwar's conviction and make him eligible to actively participate in politics.

World Health Organization urges ban on industrial trans-fats by 2023
Nevertheless, the country has the opportunity to address its health and economics by supporting more locally produced oils. According to the USDA, a reduction in trans fat could prevent almost 30,000 premature deaths in the USA every year.

Judge Upholds Mueller's Authority To Prosecute Manafort For Ukraine Dealings
He has pleaded not guilty to all of the charges, none of which are directly related to work he performed for Mr Trump's campaign. None of the charges against Manafort involve crimes related to Russian interference in the 2016 presidential campaign.

Rita Ora Apologizes for 'Girls', Says She's Dated Men and Women
If Perry could she would not have written the song in the same way. "We never try to cause harm or had bad intentions with the song", she wrote.

Researchers Reveal Anne Frank's 'Dirty' Jokes In Hidden Diary Pages
In 1944, the Frank family was discovered, arrested and sent to separate concentration camps. Her father Otto was the only member of the family to survive the war.

Earnings Forecast of Banco Bradesco SA (BBD)
The bank reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.03. The volatility change in the previous week has observed by 2.40% and experienced of 2.47% change in the last month.

Tesla May Soon Announce A Gigafactory In Shanghai
Tesla refused to build a factory in China unless the regulations were eased to allow full control of factories by foreign owners. Beijing has set an ambitious target, whereby new-energy vehicles will account for a fifth of total sales by 2025.

Ivey among governors backing Trump for Nobel Peace Prize
Then the state's lieutenant governor, the longtime SC politician became governor when Trump picked then-Gov. Trump is scheduled to meet with North Korean leader Kim Jung Un next month in Singapore.