"The economy maintains momentum towards recovery but exports are slowing as global growth seems to have peaked in the fourth quarter", said Ryutaro Kono, chief economist at BNP Paribas Securities.
"Private consumption and public demand were flat while investment spending and net exports fell slightly", he said in a note to clients. "The global economy is performing well and a yen is trading beyond 110 yen against the dollar, so once exports start to grow again, the economy will return to a moderate growth path".
"Manufacturers are piling up inventories of goods and the United States is leaning towards protectionism, so Japan's economy may struggle to accelerate in the second quarter onwards". The bank is widely expected to keep its benchmark lending rate unchanged at 1.50%.
Japan's economy shrank at an annualised rate of 0.6 per cent in January-March, contracting for the first time in nine quarters, as private consumption and capital expenditure slowed, government data showed on Wednesday.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 2.24 points, or 0.12 percent, to 1,802.91.
Fourth quarter growth was revised to an annualized 0.6 percent, down from the 1.6 percent estimated earlier. Heavy snows in February also restricted household spending by keeping consumers inside and driving up vegetable prices.
Princess Margaret had her brother-in-law walk her down the aisle because her father, King George VI, had died before the wedding. From Meghan's family drama to the history of the British royal family, episode 1 is available now on iTunes and Google Play .
In 2011, the National Traffic Safety Administration (NHTSA) proposed regulation for warning systems in keyless vehicles. This can have dire consequences, as carbon monoxide can fill up a home and silently kill those inside.
Viacom slumped 6 percent and CBS rose 4 percent after CBS sued to block efforts to force the company combine with Viacom. Google's parent company, Alphabet, was up 1 percent in early trading, and Exxon Mobil was also up 1 percent.
HTC has announced that it is now working on a new Android device that will be powered, in part, by blockchain technology . So far, there is no word about when we might see the Exodus , but Sirin's Finney is now expected to launch in October.
Budenholzer parted ways with the Hawks after five seasons in April, after posting a 213-197 record in charge of the team. A report says that the Milwaukee Bucks and Toronto Raptors are closing in on the same target as a future head coach.
RIA Novosti Ukraine confirmed the search of its premises and the detention of journalist Kirill Vyshinsky . RTs editor-in-chief, Margarita Simonyan , linked the raids and arrest to the opening of the bridge.
Also, Nevada and the other litigating states continue to engage in ongoing settlement discussions with Purdue and other companies. Similar lawsuits are being filed in Nevada, North Carolina, Florida, Tennessee and Texas.
Stardew Valley Arrives on PS Vita in May
Still, it's nice to see the PS Vita get some love, even if Sony likes to pretend it doesn't exist. You've inherited your grandfather's old farm plot in Stardew Valley .
Capitals not ruling out Nicklas Backstrom for Game 3
He was pulled with more than three minutes remaining as the Capitals were desperate to create more offense. Hedman was left alone on the right side and sent a sizzling shot past Holtby to stretch the lead to 3-0.
Iran Deal Even Cheated Its Own Citizens
The remaining signatories to the deal-UK, France, Russia, China and Germany-have said that they will continue to enforce the deal. Denmark's Maersk Line said it had ceased acceptance of the specific cargoes blacklisted by the US Treasury this week.
BMW 8 Series to debut at Le Mans
The new luxury sports vehicle will be presented for the first time on 15th June 2018, on the eve of the 24-hour race. The production model of the 8 Series was developed in parallel with the M8 GTE race vehicle .
Rare Conjoined Fawns Have Scientists Doing A Double Take
After the study wrapped up, the twins were preserved by Robert Utne and taxidermist Jessica Brooks to create a realistic display. Conjoined-twin fawns were found in a forest in Minnesota, it is the first known case of a two-headed deer found in the species.
Senate Receives 2018 Budget
The delay had prompted President Muhammadu Buhari to issue a deadline to heads of all MDAs to defend their budgets unfailingly. Details in the report indicates that the National Assembly increased the 2018 budget from N8.6 trillion to N9.120 trillion.
Fortnite Patch Delayed, New Downtime Announced
Epic Games have announced the Fortnite 4.2 patch is set to drop on May 16, with downtime scheduled for 4am ET and 8am GMT. Epic Games has promised to update players once they have "a more accurate time frame".