News Headlines - 15 February 2016
▽Japan GDP drops 1.4% in fourth quarter - FT.com
Japan’s economy shrank at an annualised rate of 1.4 per cent in the fourth quarter of 2015 in a further blow to Prime Minister Shinzo Abe and his Abenomics stimulus.
Economists had forecast a fall of 1.2 per cent but the figure came in worse than expected because of a sharp decline in consumption.
▽Japan Stock Market Surges Despite Bad Economic Data
The benchmark Nikkei was up more than 1,000 points - a gain of nearly 7.2 percent at the close of Monday trading, following steep losses the previous week.
Outrage over the crime, however, quickly shifted towards the city’s mayor after he suggested that by dressing in a revealing costume and dancing, Nagakiya was to blame for her own killing.
Brazil's President Dilma Rousseff has vowed the Zika virus outbreak will not compromise the Rio Olympics in August.
More than 200,000 soldiers have been deployed across the country to warn the public about the risks of the virus, which is largely transmitted by mosquitoes.
▽Russia ‘strikes Syrian hospitals’ - FT.com
Suspected Russian missile strikes hit three hospitals in northern Syria on Monday, medics and activists said, in new strikes on civilian targets that could threaten a fragile ceasefire plan for the country.
