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Japan braces for worst postwar slump as pandemic tips economy into recession

FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in Tokyo
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TOKYO (Reuters) - Japan's economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers.Monday's first-quarter GDP data underlined the broadening impact of the outbreak, with exports plunging the most since the devastating March 2011 earthquake as global..
Date Published: May 18, 2020
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