TOKYO -- Japan became the latest Asian economy to report a big economic contraction in the second quarter as they try to put the worst behind them and chart a course of recovery.
Worst also likely over for Taiwan and South Korea boosted by tech diversity
Japan's economy shrank 7.8% in April-June from the preceding quarter, as consumption and exports bore the brunt of COVID-19, the government said. A woman wearing a protective face mask walks past a sign of sale in Tokyo. © Reuters
TOKYO -- Japan became the latest Asian economy to report a big economic contraction in the second quarter as they try to put the worst behind them and chart a course of recovery.