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NEWS Desk Global

JAPAN'S ECONOMY SLOWS IN Q3 ON TEPID CAPEX




Japan's economy expanded by an annualised 0.9% over the July-September quarter, government data showed on Friday, slowing from the previous three months due to tepid capital spending though an unexpected pickup in consumption added a bright spot.

The slower growth highlights the frailty of Japan's economy just as there is a growing risk of slowdown in the U.S. and further weakness in China which could weigh on exports.

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