Products made in Japan are in high demand again thanks to Tokyo's monetary policies. In the last 12 months, the yen has lost some 20 percent against the US dollar. We take a closer look at Japan's economic stimulus program, also known as Abenomics.
The shouts of a tuna buyers and sellers kicked off trading Thursday at Tokyo's new fish market, days after the world-famous Tsukiji market was shut down following 83 years in operation.
The world's third-largest economy has slid into reverse for the first time in two years as a result of sluggish consumption and seasonal factors. But experts said it was not the beginning of a longer downswing.
Japan's economy grew more than expected in the second quarter, helped by strong household and business spending and a recovery from an earlier contraction. But global trade tensions loom as a major risk to the outlook.
Japan's government has nominated Haruhiko Kuroda for a second term as central bank governor, giving the veteran finance chief more time to battle deflation and kick-start the world's third largest economy.
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