It seems now that many young people are forced by the economy rather than by choice to live with their parents.

The propensity of Asian tourists to shop, eat, and pay for good service underlines their emerging importance to Japan's economy.

A restaurant chain, Watami, is providing people with a way to enjoy themselves but at a much lower price than a year ago.

Is Japan unlikely to sink back into a double-dip recession?

Could no-deposit mortgages create another subprime problem?

By Edward Hugh and Claus Vistesen

What has happened to Japan’s economy?

Japan’s economy just does not seem to be able to catch a break at the moment. GDP contracted at an annual pace of over 15.2 percent in the first three months of this year, while industrial output fell by over 34.5 percent following a contraction in exports which was nearer to the 40 percent mark.