Tokyo Skytree and Mount Fuji are seen from the I-link Town observatory in Ichikawa city, Chiba prefecture, east of Tokyo on July 2, 2023.
Japan's economy posted its third straight quarterly expansion, provisional government data showed Tuesday, as robust exports growth helped the world's third-largest economy expand 6% in the second quarter, handily beating market expectations.
Economist surveyed by Reuters had expected the world's third-largest economy to post 3.1% growth in the April-June quarter.
Quarter-on-quarter, the Japanese economy expanded 1.5%, topping expectations for 0.8% growth.
The benchmark Nikkei 225 index extended gains to trade up nearly 1%, while the Japanese yen pared losses against the U.S. dollar.
Organizations:
Mount, Reuters, Nikkei, U.S .
Locations:
Tokyo, Mount Fuji, Ichikawa city, Chiba prefecture