TOKYO, Japan — Japan’s economy grew at an annualized rate of 1.1% in the second quarter, falling short of expectations for 2% growth as weaker domestic demand offset stronger exports, according to data released Monday.
टैग: Japan Economy
Japan’s Executives Sound Alarm as Weak Yen Drives Import Costs
TOKYO, Japan — Japanese business executives are calling for greater stability in currency markets as a persistently weak yen raises import costs and makes earnings forecasts and investment decisions more difficult. Their concerns highlight the growing pressure on Japan’s import-dependent economy even as some exporters and companies with overseas earnings benefit from the weaker currency.