Japan Growth Tops Forecasts
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Japanâs economy grew 0.9 percent in the last quarter of 2007, double the expected rate, the government said Thursday.
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Japan's business confidence is improving and firms are set to boost investment in the coming months.
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Japan's Nikkei average climbed more than  one percent by late Friday afternoon and looked set to hit a 2  1/2-month closing high, with analysts saying the market still  looked cheap compared with other Asian markets.
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The yen edged up on Tuesday as rising  share prices and glowing capital spending figures boosted  optimism about the outlook for Japan's economy.
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Japanese industrial production grew in August for the first time in three months, official data has shown. Although only a month-on-month rise of 0.3%, and below some forecasts, the news saw Japan&#39;s leading shares rise for the first time in nine days.
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Japan's Nikkei stock average edged up by  mid-session on Wednesday as exporters like Canon Inc. bounced  back from losses, but gains were limited by data confirming  weak economic growth in the three months to September.
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Japan&#39;s stock benchmarks gained after a government report showed industrial production rose for the first month in three, prompting optimism economic growth will be sustained.
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The yen edged up on Tuesday as rising share prices and glowing capital spending figures boosted optimism about the outlook for Japan's economy.
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The Nikkei average rose 1.09 percent on   Monday to its highest level in more than three months on gains   in exporters such as Canon Inc. 7751.T after U.S. stocks rose   on a report showing U.S. job growth was slightly stronger than   expected.
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Tokyo&#39;s Nikkei average rose for the first time in three sessions to close 0.62 percent higher on Wednesday after investors found positive signs in revised Japanese economic growth figures that were sluggish overall.
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Japan's Nikkei average climbed more than one percent by late Friday afternoon and looked set to hit a 2 1/2-month closing high, with analysts saying the market still looked cheap compared with other Asian markets.
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Japanese shares end the year at their highest level since July amidst much optimism about an economic recovery during 2005.
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Japan revised its first-quarter economic growth to an annual pace of 3.3 percent, from 2.4 percent, because business investment was stronger than initially estimated. The report confirmed that Japanâs economy remained on a healthy recovery path in the first three months of the year. The bulk of the revision came from capital investment, which rose 0.3 percent from the previous quarter, better than the preliminary figure of a decrease of 0.9 percent. Consumer spending, which makes up more than half of Japanâs gross domestic product, was up 0.8 percent from the previous quarter, the data showed. That was slightly below the preliminary reading of a 0.9 percent rise. Compared with the previous quarter, the G.D.P. rose 0.8 percent in the January-March quarter, the cabinet office said.
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Japan&#39;s Nikkei 225 Stock Average rose on expectations a government report today may provide further evidence of growth in the world&#39;s second-largest economy.
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Tokyo stocks rose by mid-morning on Monday with a broad range of issues getting a lift from a key survey that boosted optimism on Japan's economic outlook, with expectations rising that growth figures will be revised up.
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Japan's Nikkei stock average edged up by mid-session on Wednesday as exporters like Canon Inc. bounced back from losses, but gains were limited by data confirming weak economic growth in the three months to September.
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TOKYO: Japan&#39;s Nikkei rose 0.54 per cent on Tuesday to post its highest close in five months after economic data supported the view that Japan&#39;s economic slowdown is temporary, giving a boost to banks such as Mizuho Financial Group.