TOKYO Japan's economy shrank at an annualized pace of 1.6 percent in April-June as exports slumped and consumers cut back on spending, a bad omen for Prime Minister Shinzo Abe's policy drive to lift the economy out of decades of deflation.
China's economic slowdown and its impact on its Asian neighbors have also heightened the chance that any rebound in growth in July-September will be modest, analysts say.
10:45 OECD sees resurgent US growth boosting global economy11
14:36 U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent13
13:12 Putin Wants to Work With Trump as Equals to Restore Relations13
09:46 UK manufacturing growth cools unexpectedly in November: PMI9