Japan says its economy surged early this year, a first signal that new stimulus policies may be reversing the country’s two-decade-long economic malaise.

The government said Thursday the country’s economy, the world’s third largest, grew by an annualized rate of 3.5 percent in the January-to-March period — a marked contrast from the weak growth at the end of last year and six months of contraction earlier in 2012.

Since Prime Minister Shinzo Abe took office in late December, he … [Read More]

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Source: VOA News: Economy and Finance