Japan slides into recession, lends IMF $100bn

Japan's economy shrank by 0.4% in the third quarter, surprising analysts who had predicted the country to narrowly avoid a technical recession and grow by 0.1%.

The recession, the first since 2001, comes after it emerged on Friday that the eurozone was in recession.

"It is no longer an issue of if, but how long and deep the recessions in the United States, eurozone and Japan will be in the current global downswing," said Cameron Umetsu, the head of economic research of Nomura, an investment b

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: