Thu, 19 Feb 2015 09:32:06 GMT
Japan's annual export jumps, accelerating the economy
Japanese exports surged in January due to strong demand from Asia and the US, providing evidence that the world's third largest economy is escaping recession. Exports rose by 17% on a yearly basis last month, exceeding the forecasts of 13.5%. Meanwhile, import dropped 9% from a year earlier, curbing the trade shortage to 1.2 trillion yen.