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Japan cuts Q2 GDP on weak spending, wages slide

TOKYO (Reuters) -Japan's economy grew less than initially estimated in the second quarter and wages slumped in July, casting doubt over central bank projections that solid domestic demand will keep the country on course for a recovery. Capital expenditure and private consumption both fell in the April-June period, revised gross domestic product (GDP) data showed on Friday, underscoring the fragile state of Japan's economy, which is already facing headwinds from weakening Chinese and U...
Leika Kihara Sam Holmes Yoshifumi Takemoto Takeshi Minami Norinchukin Research Institute Norinchukin Research
Source: yahoo.com

Greek Economy Expands as Investment Grade Decision Looms

(Bloomberg) -- Greece’s economy grew more than expected in the second quarter as rating companies began granting the country investment-grade status.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Mark...
Giovanni Salzano Bloomberg Businessweek Joel Rinneby Hellenic Statistical Authority European Central Bank Investment Information Inc
Source: yahoo.com

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Japan GDP Crushes Estimates With 6% Growth on Export Gains

(Bloomberg) -- Japan’s economy expanded at a much faster clip than forecast, as a surge in exports more than offset weaker-than-expected results for both business investment and private consumption.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Mi...
Bloomberg Businessweek Harumi Taguchi Kazuo Ueda Fumio Kishida Cabinet Office International Monetary Fund
Source: yahoo.com

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