Japan Economy

Japan’s factory activity falls to lowest in 26 months amid global economic slowdown

The au Jibun Bank Japan manufacturing purchasing managers' index was down 48.9 in December from November's final 49.0

Japan keeping 'close watch' on China Covid surge, cuts view on factory output for first time in 6 months

The report from the Cabinet Office comes as Japan, the world's third-largest economy, wrestles with sluggish global growth and high import costs that have weighed on its exports and manufacturing activity

Shinzo Abe, Japan's longest-serving PM and a champion of economic reforms, resigns for health reasons

Abe's scheme to revive Japan's long-stalled economy, called 'Abenomics', involved vast government spending, massive monetary easing and the cutting of red tape

Japan economy shrinks more than expected, highlights lack of policy options