Business news for Mon, 31 Dec 2007 & with words growth+nation. 2 news.

The Bank of Japan is considering slashing the nation's economic growth forecast for the fiscal year to March to as low as 1.3 percent from its current 1.8 percent, the Mainichi Shimbun reported Sunday.

Though price growth is slowing, it's one of the few big markets in the nation that hasn't experienced a decline. Yet. It's the kind of house that a year or two ago would have been snapped up in days: a refurbished rambler in a woodsy residential neighborhood minutes from downtown.