Friday, 26 February 2010

The Investment Page: Japan exports climb

Japan's exports climbed at the fastest pace in almost 30 years in January, supporting the nation's economic recovery as falling wages damp demand at home. Shipments abroad advanced 40.9 percent from a year earlier, the biggest increase since February 1980, the Finance Ministry said in Tokyo on Wednesday. The growth was led by the biggest advance in exports to China since 1985, while shipments to the U.S. increased for the first time in more than two years.