Japan's big growth streak just came to an end

Japan’s economy expected to show sluggish growth in first quarter

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.

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.

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.

Middlesbrough 0 Aston Villa 1: Jedinak gives Bruce's men advantage
ASTON Villa boss Steve Bruce backed his players to handle the occasion as they bid to keep their promotion hopes alive tonight. Aston Villa players celebrate a win.

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.

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.

Related News:



Most liked

Iowa AG won't defend state's new abortion law
Planned Parenthood and the ACLU said they hope to avoid that possibility by only challenging the law under the Iowa Constitution. It bans abortions after a heart beat is detected from an ultrasound, which typically occurs around six weeks into a pregnancy.

Information Commissioner considers legal action against users of facial recognition technology
Technological advances in the last 20 years have rapidly increased the ability of online systems to identify individuals. SWP - which has used AFR at 18 public places since it was first introduced in May 2017 - has fared only slightly better.

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.

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.

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.

Royals request 'respect' amid report Thomas Markle won't attend wedding
He says he was not offered anywhere near $100,000 for the photos as it was claimed in the media. George's Chapel where they were expected to meet Meghan's dad to walk her down the aisle .

Messi denies competing with Ronaldo for status
Marcelo told reporters : "The best come to Madrid and I would love to play with Neymar ". Definitely, they are great players'.

Iran FM in Moscow as Russian Federation moves to save nuclear deal
He emphasized on CNN that his job now was to advise Trump and that the president would make the policy decisions. The nuclear deal provided Iran with relief from sanctions in return for curbs on its nuclear program.

NASS Increases 2018 Budget To N9.1tr
The new figure has a difference of about N508bn, up from the N8.612tn presented by President Muhammadu Buhari on November 7, 2017. The much awaited report of the 2018 appropriation bill, has been received by the National Assembly today.

Pep Guardiola believes Man City can still improve after title-winning season
Gabriel Jesus' victor on Sunday was City's 106 goal of the campaign, meaning they have scored an astonishing 2.79 goals per game. Swansea had needed to win and Southampton to lose to Man City , with a 10-goal swing in goal difference.

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.