Japan econ min: U.S. economy has not bottomed out yet
TOKYO (Reuters) - Japanese Economics Minister Yoshimasa Hayashi on Friday expressed concern about the U.S. economy and said it needed close monitoring.
"As I said yesterday, the U.S. economy has not bottomed out yet," Hayashi told a news conference after a cabinet meeting.
"We must watch this trend carefully," he said, following bleak U.S. jobs data released the previous day.
Hayashi said on Thursday that the U.S. economy was the biggest external concern for Japan's recovery.
(For more news on Reuters Money click in.reuters.com/money)
© Thomson Reuters 2009 All rights reserved
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
One Year Later
Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan. Slideshow | Full Coverage











