World Business Briefing: Japan: Economic Growth Revised Upward
123500
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.
56298
PARIS The Organization for Economic Cooperation and Development raised its 2004 growth outlook Tuesday for the world economy, forecasting further expansion in Europe and a robust upturn in Japan that would outpace the United States for the first time in
753261
Japan got a double dose of good economic news Friday with the release of healthy industrial production and consumer price figures that underlines continued recovery of the world's second-largest economy.
465357
Retailers such as Ito-Yokado got a lift after government data showed activity in Japan&#39;s service sector rose in June as a wide range of businesses including retailers and restaurants enjoyed a recovery in customers.
209320
Tokyo'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.
76181
Tokyo's Nikkei average rose near a  six-month high by midsession on Tuesday, with retailer  Ito-Yokado Co. gaining on solid earnings and optimism about the  economy lifting stocks oriented toward domestic business.
425238
Strong steel and car exports help Japan's trade surplus rise for the first time in three months.
718710
Tokyo's Nikkei average rose 0.54 percent  by late afternoon on Wednesday after revised figures on  Japanese economic growth, while sluggish, came in better than  some had feared and the yen edged down against the dollar.
729294
The Asian Development Bank has revised up its economic growth forecast for Hong Kong this year to 7.5 per cent from the 6 per cent it projected in April, due to stronger than expected retail sales and the surge in tourist arrivals.
288284
Tokyo's Nikkei average rose 1.33 percent  by midday on Friday, led higher by banks and insurers thanks to  a better-than-expected corporate sentiment survey by the Bank  of Japan.
664502
Japan&#39;s economy outperformed both the  United States and the euro zone in January-March for the second  straight quarter, reinforcing expectations the Bank of Japan  will raise rates in August.
687906
Tokyo's Nikkei average was 0.79 percent  higher at midsession on Friday, recovering from an early fall  on weak Japanese GDP data as some operators were relieved the  figure wasn't negative and others said it merely confirmed  their views on the economy.
429265
Japanese stocks rose Thursday, led by banks and finance stocks, on optimism about the outlook for Japan's economy.
563534
TOKYO: Japan&#39;s Nikkei average inched higher on Thursday, helped by gains in steel producers like JFE Holdings after Nissan Motor said it was suffering from a shortage of steel.
570020
Japanese stocks rose on Tuesday on expectations that a Government report later today would provide further evidence of strength in the world&#39;s second-largest economy.
725595
The Nikkei average rose 0.53 percent by midsession on Tuesday as investors remained optimistic about Japan's economy, buying banks such as Mizuho Financial Group and shares in firms tied to domestic business.
9671
Japanâs economy grew 0.9 percent in the last quarter of 2007, double the expected rate, the government said Thursday.