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Japan on cusp of recovery after Q2; yen clouds outlook

By: Yossel in ASIA | Recommend this post (0)
Mon, 15 Aug 11 2:11 PM | 373 view(s)
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Sat, Aug 13 2011

Japan on cusp of recovery after Q2; yen clouds outlook

1 of 2. Workers load a container onto a cargo ship at a port in Tokyo August 15, 2011.
Credit: Reuters/Issei Kato

TOKYO (Reuters) - Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.

Tetsushi Kajimoto and Rie Ishiguro

TOKYO
Mon Aug 15, 2011 5:15am EDT

link-
http://www.reuters.com/article/2011/08/15/us-japan-economy-idUSTRE77E01E20110815

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