Japanese economy expands 1.5%, beating expectations

Japan’s economy grew 1.5 percent in the three months to June, official data showed Tuesday, beating expectations on the back of strong exports.

The data, released by the Cabinet Office, means the economy grew an annualised 6.0 percent quarter-on-quarter, compared with the market expectation of annualised 2.4 percent growth, giving Japan three straight quarters of growth.