Japan's Economic Contraction Stabilises In March

Japan's contraction showed signs of easing in March, even though the recession has now set in for the duration, the deepest point may well have been passed. The ship may be stable, but it is still far from being right side up.Industrial Output Up On The MonthJapan's industrial output rose in March (more than anticipated), and showed the first gain in six months, suggesting that the steepness in