Japan Economy 2024 Crash. Japan faces the threat of economic stagnation as panic selling gripped the tokyo stock market, triggered by economic uncertainty and the bank of japan's surprise interest. Japanese leader’s ‘new capitalism’ produced some positive results but daunting economic challenges remain, analysts say.

Japanese shares soared tuesday, clawing back some of their record losses from the previous day and underpinning a patchy recovery on global markets. The data confirms that japan’s economy was the world’s fourth largest behind germany in us dollar terms last year.