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FEB 19, 2013 - MarketWatch

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Japan exports beat forecast, but deficit at record

LOS ANGELES (MarketWatch) -- Japanese exports grew faster than expected in January, with shipments to China swing back to growth after a recent fall-off, though the trade deficit hit an all time record, according to data out Wednesday. Japan's exports rose 6.4% last month from a year earlier, the Finance Ministry said, far above a median forecast for a 2.6% rise in a Dow Jones Newswires survey. The gain in exports was the first in eight months, and came as China-bound shipment rose 3%, swinging back to growth after falling amid territorial tensions between the two nations -- China exports ... Read More

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