Japan’s Fourth-Quarter GDP Shrinks Faster Than First Estimates as Virus Compounds Recession Risks
Japan's Fourth-Quarter GDP Shrinks Faster Than First Estimates as Virus Compounds Recession Risks 1TOKYO (Reuters) – Japan’s economy shrank faster than initially estimated in the fourth quarter on a bigger decline in business spending, casting a deeper shadow over the outlook as the coronavirus hit production and heightened recession risks. The economy is under growing pressure as the outbreak disrupts supply chains and damages tourism …
News story posted on 2020-03-09T00:54:00.0000000Z