REUTERS/Eddie KeoghTokyo (AFP) - Japan's bid to revive its once-soaring economy is on the ropes as an equity market bloodbath and resurgent yen threaten to knock Prime Minister Shinzo Abe's growth plan to the canvas. Abe met with his hand-picked central bank chief Haruhiko Kuroda for an emergency meeting Friday amid huge volatility on global markets, which is wiping out the gains Abenomics has achieved since the premier swept to power in late 2012. All eyes will be on Japan's fourth-quarter GDP data on Monday with many economists expecting a contraction of about 0.7 percent in the world's number three economy.
Topics: reuters/eddie keoghtokyo afp haruhiko kuroda gdp monday with tobias harris teneo takuji okubo japan macro advisors policymakers limited reuters/eddie keoghjapan japan inc december businesses bnp paribas a japan japan abe abe prime minister shinzo abe abenomics harris japanese the tokyo nikkei boj in ropes economy yen growth percent plan power spending impact markets huge negative central bank move hopes risk rise administration government market global gains rate blow soared policies money sparked tax premier deal ndash bear warned answer
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