Nov 9, 2015

OECD cuts global economic outlook for 2016 amid China slowdown

The OECD has slashed its global economic outlook for 2016, reflecting subdued trade growth amid China’s economic slowdown. The organization now expects the global economy to grow 3.3 percent next year, downgraded from 3.6 percent in its September forecast, as other emerging markets have ...

Sep 30, 2015

Abe's ¥600 trillion GDP goal called 'impossible'


After enacting contentious security bills earlier this month, Prime Minister Shinzo Abe has declared that he is refocusing on the economy, with the goal of boosting gross domestic product by 20 percent to ¥600 trillion in 2020. The figure has been met with deep ...