Japan racked up a record current account deficit in January, and lowered its growth estimate for the October-December quarter on March 10 in the latest sign of hardships for the world's third-largest economy.
It's been five years since the stock market hit its low point of the financial crisis and Great Recession. More from WDBJ7.com.
Japan's economic recovery suffered a blow at the end of last year and the current account deficit ballooned to a record in January, raising fears of a stumble in the world's third-largest economy as activity wilts ahead of a sales tax increase in April.
Fruit companies Fyffes PLC and Chiquita Brands International Inc. said Monday they have agreed to combine, creating the world's largest banana company in an all-stock deal valued at about $1.07 billion.
In the war for the Chinese Internet, messaging giant Tencent is taking the battle to rival Alibaba's territory as never before.