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Japan GDP shrinks at record pace

Source: BBC

Tōkyō : Japan | 6 months ago

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Japan's economy shrank less than previously thought in the first three months of the year, but still contracted at a record pace...Earlier it was estimated at 4%, but there have been brighter signs in recent weeks. Japan has been hit hard by the global downturn because it relied on consumers abroad to...

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Oil lower in Asian trade

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SINGAPORE: As investors of oil has taken profit so prices went to highest level in Asian tradeOil was lower in Asian trade .It should be known that New yourk's main contract,light sweet crude for december dropped 54 cents to 79.96 dollars a barrel.Dollar slumped, boosting the appetite of investors holding stronger foreign currencies, and New ...

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Oil prices stable in Asian trade

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Oil prices were flat in Asian trade Friday with investors spooked by an unexpected rise in US crude inventories, analysts said. New York's main contract, light sweet crude for delivery in December, fell three cents to 76.91 dollars per barrel. Brent North Sea crude for December delivery was unchanged at 76.02 dollars. Data released late ...

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News Stories

GDP drop revised but still worst since '55

News Source: Japan Times | 5 months ago

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