Japan Falls Into Recession for Second Time Under 'Abenomics'

Updated on
  • GDP data shows slumping business investment hurt the economy
  • Report could put pressure on Abe, BOJ's Kuroda for action

Japan Needs 'Aggressive' Structural Reforms: Boubouras

Japan’s economy contracted in the third quarter as business investment fell, confirming what many economists had predicted: The nation fell into its second recession since Prime Minister Shinzo Abe took office in December 2012.

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