Asia S Second News Today : Breaking News, Live Updates & Top Stories | Vimarsana

to go above 30,000. japan has just released growth figures. asia's second—biggest economy grew 1.6% on annualised rate, much better than what had been predicted. i spoke to neil newman from macquarie capital. we have been closely watching wage growth, the wage number, which hasn't really filtered through into anything visible as yet. the gdp number certainly does indicate there is a large amount of the domestic economy now contributing to this. as you mentioned cap ex, business spending was up 0.9 on the annual basis, way ahead of expectations. but even private consumption was also...

second—biggest economy grew 1.6% on annualised rate, much better than what had been predicting, thanks to private consumption and an unexpected rise in capital expenditure. let's bring in neil newman from the quarry capital who joins us live from tokyo. thank you for joining us. the data has come out a lot stronger than expected, talk us through what's been doing quite well. this is a very big and positive surprise. we have been closely watching wage growth, the wage number, which hasn't really filtered through into anything visible as yet. the gdp numbers certainly does indicate t...

To go above 30,000. japan has just released growth figures. asia's second—biggest economy grew 1.6% on annualised rate, much better than what had been predicted. i spoke to neil newman from macquarie capital. we have been closely watching wage growth, the wage number, which hasn't really filtered through into anything visible as yet. the gdp number certainly does indicate there is a large amount of the domestic economy now contributing to this. as you mentioned cap ex, business spending was up 0.9 on the annual basis, way ahead of expectations. but even private consumption was also up, 0.6% ...