BFM 89.9
The Business Station
Japan's Strong GDP Figures Are A Red Herring
10 mins·07:30, 16 Aug 2023
Japan's Strong GDP Figures Are A Red Herring
10 mins
·
07:30, 16 Aug 2023
·
Recommended
Guest: Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
The sun continues to shine on Japan, as it recorded an impressive 2nd quarter GDP growth of 6%, driven by surging exports. However, not all is well as the yen continues to fall and the domestic economy remains weak. We speak to Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank for an economic outlook, and whether its central bank will intervene on the Yen.
Image Credit: Shutterstock
Presenter: Wong Shou Ning, Philip See, Mark Tan
Producer: Yeong Yeng Yee
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