Asia

Markets

Japan's Economy Dodges Recession in 1Q

Japan's economy expanded at the fastest pace in a year in the first quarter, thanks in part to a leap year consumption boost, but analysts say the rebound is not strong enough to dispel concerns over a contraction this quarter.

Markets

Kyle Bass: 40-50% Chance of Brief U.S. Recession

Kyle Bass, the famed hedge fund manager, who successfully called the subprime crisis in 2008 before it nearly destroyed the U.S. financial system, is climbing a new wall of worry; Asia’s impact on the U.S.