Aug 31 Japanese Election a Major Turning Point for World’s No. 2 Economy Voters in Japan on Sunday rejected their incumbent political party for just the second time in postwar history, choosing instead a party that promised to reverse the nation's struggling economy and to redefine Tokyo's relationship with Washington. Continue reading
Aug 17 Japanese Economy Pulls Out of Recession Japan's economy climbed out of yearlong recession in the second quarter, the government said Monday, expanding 3.7 percent at an annual pace as it joined Germany, France and other regions that appear to be emerging from the global financial crisis. Continue reading