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Japan's economy grows faster than expected in Q4 on strong capex
Japan's economy expanded an annualised 2.8 per cent in the October-December quarter, government data showed on Monday, backed by strong business spending and beating analyst forecasts. Strong domestic demand is helping support a recovery in the world's fourth-largest economy, even as U.S. President Donald Trump's tariff threats fuel concerns about the export outlook. The positive figures will also likely support the Bank of Japan's plan to keep hiking interest rates and normalise monetary policy. The increase in gross domestic product compared with a median market estimate of a 1.0 per cent gain in a Reuters poll, ... (full story)
