A security guard controls the traffic at a container terminal in Tokyo, Monday, Feb. 13, 2012. Japan's economy shrank 2.3 percent in the fourth quarter as manufacturers were battered by the strong yen, weak export demand amid the European debt crisis and flooding in Thailand. (Shizuo Kambayashi/AP Photo)

Japan's economy shrinks at 2.3 percent pace in 4Q

Japan's economy shrank at an annual pace of 2.3 percent in the fourth quarter as manufacturers were battered by the strong yen, weak export demand amid the European debt crisis and flooding in Thailand.

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Published February 11th, 2012 - 1:26PM
J.R. Childress is up before the sun, bustling about in the French colonial brick house he built. He helps pack his wife's lunch, downs some eggs or cereal for breakfast, pores over online and newspaper job listings and hopes - even prays - this will be the day when his fortunes turn around.
Published February 10th, 2012 - 2:31PM
A look at economic developments and activity in major stock markets around the world Friday:
Published February 9th, 2012 - 10:10AM
South Africa's president announced ambitious infrastructure projects Thursday, laying out his plans for creating jobs and hope in nation harder hit than most in Africa by global recession.
Published February 8th, 2012 - 3:30PM
A look at economic developments and activity in major stock markets around the world Wednesday:
Published February 8th, 2012 - 3:55AM
China's government promised Wednesday to raise minimum wages by 13 percent a year through 2015 and to launch measures to generate 45 million new jobs.
Published February 7th, 2012 - 12:56PM
CAREER OPPORTUNITY: All those apps being made for smartphones, computer tablets and Facebook's online social network are helping the U.S. economy lower its unemployment rate. A study released Tuesday by the technology trade group TechNet estimates apps are responsible for creating about 466,000 U.S. jobs since 2007.
Published February 7th, 2012 - 4:56AM
German exports climbed 11.4 percent last year to top the euro1 trillion ($1.3 trillion) mark for the first time, official figures showed Wednesday, though a decline in December underlined the likelihood of slower growth ahead.
Published February 6th, 2012 - 9:15PM
Looking for a promising career in a lousy economy? A new study suggests you're apt to find it in apps - the services and tools built to run on smartphones, computer tablets and Facebook's online social network.
Published February 6th, 2012 - 4:25AM
The German government says strong demand from outside the eurozone helped the country's industrial orders rise a stronger-than-expected 1.7 percent in December.
Published February 6th, 2012 - 12:36AM
A sharp downturn in Europe could cut China's economic growth rate nearly in half, the International Monetary Fund said Monday, adding to warnings about a possible severe global slowdown this year.
Published February 3rd, 2012 - 2:05PM
Employers across a range of industries have stepped up hiring. The economy gained 243,000 jobs in January, the most since last April. The hiring spree helped lower the unemployment rate for a fifth straight month, to 8.3 percent.
Published February 3rd, 2012 - 7:21AM
U.S. service companies grew at the fastest pace in 11 months in January as companies started hiring to keep up with rising demand.
Published February 3rd, 2012 - 2:26AM
Retail sales in the 17 countries that use the euro unexpectedly fell during the crucial month of December, official figures showed Friday, raising fears of a looming recession in the single currency bloc.
Published February 3rd, 2012 - 12:06AM
In the most impressive surge for the job market since the middle of last decade, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years.

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