Japan’s Retail Sales Fall in October as Car Sales Drop

Japan’s retail sales fell in October by the most in 11 months as consumers purchased fewer cars and televisions, adding pressure on the government to stimulate an economy that may be entering a recession.

Japan Warns on Strong Yen as Growth Outlook Downgraded: Economy

Japan lowered the assessment for its economy, the first consecutive downgrade since the waning of the global credit crunch in 2009, fueling concern the world’s third-largest economy will contract this quarter.