Japan joins the downgrade club
Japanese sovereign debt has been downgraded by Moody’s, less than a month after Standard & Poor’s downgraded US sovereign debt.
Call us today on 01483 274566
Japanese sovereign debt has been downgraded by Moody’s, less than a month after Standard & Poor’s downgraded US sovereign debt.
The third largest economy in the world has returned to recession after posting a second consecutive quarter of economic contraction in the first three months of the year.
It was interesting to read the comments from Stephen Harker, fund manager of GLG Japan CoreAlpha, today in Investment Week.
China is now the second largest economy in the world, after overtaking Japan.
China has moved into second place in world economic terms, after provisional figures found that it became the second largest economy in the world at some point in June.
© 2024 · Informed Choice Ltd. Authorised and regulated by the Financial Conduct Authority. Site by Bear Content