JAPAN

Fiscal Cliff Worries Weigh Down US Stock Futures

Traders work on the floor of the New York Stock Exchange
The U.S. stock index futures point to a lower open Tuesday as investors are expected to be watchful amid fears about the looming fiscal cliff, which consists of tax increases and spending cuts, at the beginning of next year.
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A picture illustration shows Japanese 10,000 yen notes featuring a portrait of Yukichi Fukuzawa, the founding father of modern Japan, taken in Tokyo

Japan’s GDP Shrinks 0.9% In Q3

Japan's gross domestic product contracted in the third quarter compared to that in the previous quarter due to the soft global demand and the weakening domestic consumption in the world's third biggest economy.
An auto manufacturing plant in China

Global Economic Recovery Unlikely In Q4

The global economy continues to recover at a subdued rate at the beginning of the fourth quarter with the growth in the service industries remaining undermined by the contraction in the manufacturing sector.

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