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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The Nikkei average rose 0.12 percent to a  7-1/2-month closing high on Tuesday, supported by gains in  financial shares as investors saw chances of more industry  consolidation and on optimism over Japan's economy.
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Japan's Nikkei average rose more than 1  percent to a 2 1/2-month closing high on Friday, bolstered by  Wall Street gains and a growing consensus that Tokyo stocks  look cheap compared with the U.S. and other Asian markets.
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Tokyo shares were higher in morning trade, as domestic-oriented issues climbed on optimism that economic growth is set to pick up by the middle of the year.
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A corporate spending survey that boosted optimism about Japan&#39;s economy drove Tokyo shares sharply higher on Monday, while other Asian stock markets traded around multi-month highs.
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Gross domestic product in Japan rose at a higher-than-expected annual rate of 4.8 percent in the fourth quarter, but economists called it a one-time surge.
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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.
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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 Nikkei average rose 0.33 percent by  midday on Tuesday, poised to hit a five-month closing high  after economic data supporting the view that Japan's economic  slowdown is temporary bolstered banks and brokers.
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Japan's economy has marked its longest economic expansion since World War II, according to a government report released yesterday.
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Japan's Nikkei average rose more than one percent to a 2 1/2-month closing high on Friday, bolstered by gains on Wall Street and a growing consensus that Tokyo stocks look cheap compared with the U.S. and other Asian markets.
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Japan has revised down second-quarter economic growth to 0.3 percent from an initial estimate of 0.4 percent, defying widespread expectations for an upward revision and sending the yen and stocks lower.
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Japan&#39;s Nikkei average rose more than 1 percent to a 2-1/2-month closing high on Friday, bolstered by Wall Street gains and a growing consensus that Tokyo stocks look cheap compared with the US and other Asian markets.
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Japan's Nikkei average rose more than one  percent to a 2 1/2-month closing high on Friday, bolstered by  gains on Wall Street and a growing consensus that Tokyo stocks  look cheap compared with the U.S. and other Asian markets.
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Japan's Nikkei average rose 0.67 percent to its highest close in 7 years on Monday after a strong jobs report in the U.S., and higher-than-expected machinery orders in Japan spurred buying of machinery and tech stocks including Fanuc Ltd. .
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Japan&#39;s Nikkei share average rose half a percent to its highest close in five months on Tuesday after the release of economic data that supported views that Japan&#39;s economic slowdown would be temporary.
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Japanese stocks may rise after a US government report showed accelerating job growth, suggesting that the world&#39;s largest economy is emerging from a midyear lull.