Japan's economy grows at 0.5 percent annual pace in Oct-Dec

Japan's economy grows at 0.5 percent annual pace in Oct-Dec

Japan's economy grew at a slower than expected 0.5 percent annual pace in the October-December quarter, as strong exports failed to fully compensate for relatively weak domestic demand.The preliminary data released Wednesday show Japan has managed eighth straight quarters of growth, the longest expansion since the financial bubble of the late 1980s. Growth for the entire calendar year was 1.6 p...