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BUSINESS
March 28, 1990 | SAM JAMESON, TIMES STAFF WRITER
As the dramatic slide in the Japanese stock market continues, an unexpected drop in the value of the yen has left the short-term future of Japan's economy clouded. Businessmen, bankers and analysts say they are certain of one thing: The era of high yen, soaring stocks and low interest rates that sustained real economic growth at nearly 5% for the last three years has ended.
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BUSINESS
September 2, 2013 | By Don Lee
TOKYO - After two decades of economic stagnation, once-mighty Japan is beginning to revive - under policies that some experts say could offer lessons to the still-struggling economies of the United States and Europe. While the Eurozone tries to break out of recession and the U.S. economic recovery remains anemic, Japan has begun to grow at an encouraging rate. The shock-therapy policies of Prime Minister Shinzo Abe have helped Japan's economy expand for three straight quarters at a pace faster than that of the United States.
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BUSINESS
October 28, 1988 | KARL SCHOENBERGER, Times Staff Writer
Mass conformity to a mood of self-restraint in social celebration, financial investment and business activity because of Emperor Hirohito's illness is likely to shave a little of the edge off Japan's economic growth this year. Although no hard data is available on the cost of canceling events and contracts since the emperor collapsed Sept. 19, analysts estimate that the phenomenon could dampen expansion of gross national product by 0.1 to 0.
BUSINESS
August 12, 2013 | By Ricardo Lopez
Japan's economic growth slowed in the second quarter, spurring debate over whether the country should raise its sales tax in order to more quickly pay down its public debt.  The country's gross domestic product grew at an annualized 2.6%, coming in at a lower rate than many analysts' expectation of 3.8%.  The previous quarter's GDP growth rate was also revised downward from 4.1% to 3.8%, the Japanese government said Monday. Top celebrity overseas commercials   Japan's economy, which has had record deflation for much of the past two decades, has seen aggressive actions by Prime Minister Shinzo Abe to turn around the world's third-largest economy.
BUSINESS
May 14, 1997 | DAVID HOLLEY, TIMES STAFF WRITER
Rising confidence that Japan's economic recovery is solid and its banking problems are on the way to resolution underlies a dramatic recent strengthening of the yen and a resurgence in stock prices, analysts here say. After a wave of economic pessimism swept Japan early this year, the country now is seeing "the end of 'negative irrational exuberance,' " Jesper Koll, vice president of J.P. Morgan Securities Asia Ltd., said, playing off U.S.
BUSINESS
July 31, 1999 | MARK MAGNIER, TIMES STAFF WRITER
The hand signals and traders' antics have been more frenzied than usual recently in Tokyo's currency pits as the yen mounts a strong run against the dollar. Although this has boosted trading volumes, those outside trading rooms with a somewhat longer-term view express growing concern that the rise could unhinge recent signs of Japanese economic stability.
BUSINESS
August 12, 2013 | By Ricardo Lopez
Japan's economic growth slowed in the second quarter, spurring debate over whether the country should raise its sales tax in order to more quickly pay down its public debt.  The country's gross domestic product grew at an annualized 2.6%, coming in at a lower rate than many analysts' expectation of 3.8%.  The previous quarter's GDP growth rate was also revised downward from 4.1% to 3.8%, the Japanese government said Monday. Top celebrity overseas commercials   Japan's economy, which has had record deflation for much of the past two decades, has seen aggressive actions by Prime Minister Shinzo Abe to turn around the world's third-largest economy.
BUSINESS
June 23, 1992 | LESLIE HELM, TIMES STAFF WRITER
As Tokyo stock prices continued a perilous slide, Japan's Prime Minister Kiichi Miyazawa on Monday promised to present a package of pump-priming measures to help revive the economy. Although ruling party officials insist that the proposed measures are unrelated to the stock market's decline, the announcement came as the market's Nikkei average plummeted 598.65 points to close Monday at 15,921.22, the first time the index had fallen below 16,000 since Oct. 22, 1986.
BUSINESS
September 12, 1998 | MARK MAGNIER, TIMES STAFF WRITER
Japan's economy shrunk for the third consecutive quarter, officially marking the longest recession in the postwar period, and it continues to contract, the government said Friday. This latest data only underscored what most of the global financial community already knows: The world's second-largest economy is in grim shape and getting worse. The 0.8% quarterly decline, or 3.3% on an annualized basis, included a contraction in virtually every sector of the economy.
BUSINESS
July 31, 2001 | From Bloomberg News and Times Staff
Japan said Monday that industrial production fell twice as much as expected in June, increasing pressure on companies to shed workers and cut costs as the world's second-largest economy apparently sinks into recession. The news drove the Nikkei 225 stock index to a new 16-year low, following a bigger-than-expected win by the ruling Liberal Democratic Party in Sunday's Upper House election. Production fell 0.
BUSINESS
November 13, 2012 | By David Pierson and Don Lee, Los Angeles Times
Already hurt by troubles in Europe and significant slowdowns in China and India, the U.S. and the global recoveries got another dose of bad news: Japan's long-sluggish economy is threatening to slide back into recession. The world's third-largest economy shrank 3.5% at an annualized rate in the third quarter - the worst drop in gross domestic product since the country was battered by an earthquake and tsunami in March 2011. The unexpectedly grim report Monday out of Tokyo prompted analysts to scale back Japan's growth forecasts for the near term.
WORLD
March 14, 2011 | By Kenji Hall and David Pierson, Los Angeles Times
The world's third-largest economy faltered Monday, the first full business day since Friday's devastating earthquake, with the Japanese stock market plunging and the country's central bank moving to inject $183 billion into money markets to try to stem the financial damage. Although the quake's fury bypassed Japan's industrial heartland, the shock waves were felt throughout the business sector, from big auto plants to small mom-and-pop establishments. Many of Japan's leading companies, such as Sony Corp.
BUSINESS
May 21, 2009 | Blaine Harden, Harden writes for the Washington Post.
Japan's export-addicted economy shrank during the first quarter at the fastest pace in more than 50 years. But the worst appears to be over, and many economists here say the economy is now beginning to grow. A collapse in exports, especially of cars and electronics to the United States, led to an annualized 15.2% decline in the gross domestic product in the first quarter of this year, the government said Wednesday. That was after a 14.4% annualized decline from October to December.
BUSINESS
February 14, 2008 | From Times Wire Services
Japan's economy grew 0.9% in October to December from the previous quarter, government data showed, above market expectations for a 0.4% increase. It translated into an annualized increase of 3.7%, compared with a consensus market forecast of a 1.6% rise.
BUSINESS
February 15, 2007 | From Bloomberg News
Japan's economy grew faster than expected in the fourth quarter after consumer spending surged from the biggest drop in a decade and business spending gained, leading to speculation that the country's central bank could raise interest rates next week. The gross domestic product of the world's second-largest economy grew at an annual 4.8% pace in the last three months of 2006, the government said Wednesday. Third-quarter GDP growth was revised to 0.3% from 0.8%.
BUSINESS
August 8, 2006 | From Reuters
Lending by Japanese banks rose at its fastest annual pace in more than five years in July, data released early today indicated, providing further evidence of a rebounding economy. The balance of outstanding loans held by Japan's four main categories of banks rose 2% in July from a year earlier, Bank of Japan data showed.
BUSINESS
March 30, 1994 | JAMES FLANIGAN
Behind the loud and public trade disputes with the United States, important changes are occurring in Japan's economy that should be reassuring to investors, business people and politicians in both countries. Most immediate is recovery from recession.
BUSINESS
March 17, 1989 | From Reuters
Japan's economy grew at its fastest pace in 15 years in 1988, officials said today, even though consumers cut back on spending in the closing months out of respect for the dying Emperor Hirohito, Growth accelerated to 5.7% last year, up from 4.5% in 1987, as strong domestic demand propelled the economy forward. "1988 was a good year," said Takao Akabane, vice minister for economic planning. "And it was achieved because of domestic demand-led growth."
BUSINESS
February 17, 2006 | From Reuters
Japan's economy grew at a 5.5% annual rate in the fourth quarter of 2005, more than expected, as it continued to recover amid strong domestic demand and a pickup in exports. The country's gross domestic product -- the value of goods and services it produces -- was up 1.4% from the third quarter, marking the fourth straight quarter of growth and the fastest since 1.5% in the first quarter.
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