While you were sleeping Japan's economy disappoints

Mon, 13 Aug 2012

By Margreet Dietz Aug 14 (BusinessDesk) - Stocks fell on both sides of the Atlantic after data showing that the Japanese economy is expanding at a slower rate than expected highlighted the global struggle. Investors remain hopeful that central banks in the US, China, Europe and Japan will act to revive their respective economies but are also increasingly worried about the signs of trouble, ranging from a slowing in growth to contraction around the globe. Japan's gross domestic product increased an annualised 1.4 percent in the three months t...

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