Japan braces for recession

JAPAN - Japan is poised to cross the official dividing line into recession on Friday morning when figures showing how much its economy has shrunk are released.

Japanese Prime Minister Koizumi is fighting a cabinet-level battle to bring a halt to the policies of past Japanese governments, which tried to spend their way out of economic difficulties.

As a result of these policies, Japanese government debt is bigger than the overall economy and Japan is covered in little-used prestige public works

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: