Japan dips into recession in stumble for 'Abenomics'

Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago, data showed Monday, dealing a fresh blow to his drive to kickstart weak growth and end years of deflation. Japan's economy, once Asia's biggest, has been overtaken by giant neighbour China in size, while it struggles with a challenging demographic outlook that is expected to see its population shrink by the tens of millions in coming decades. The Cabinet Office said Mo