Japan spending plans may push economy into recession

TOKYO, Oct 16 — Japan's new Democratic Party-led government’s plan to slash public works spending as a way to redirect money to its other plans could push the economy back into recession.

The impact of the new government's plans could be exaggerated by the fact that former Prime Minister Taro Aso had aimed to increase spending on public works projects by 5.7 trillion yen (RM224...