Japan's economy grows at 3.3 pct annual pace in 1Q
(AP)
<p><img src="http://d.yimg.com/us.yimg.com/p/ap/20080515/capt.e6a3b26b48ee4a66a88dd9af754bb418.japan_mizuho_earns_xkan102.jpg?x=130&y=83&q=85&sig=AoQiyKixB1cFdtQYR1SrOw--" align="left" height="83" width="130" alt="People walk by a corporate sign of Mizuho Financial Group Inc. in Tokyo, Japan, Thursday, May 15, 2008. Mizuho, Japan's No. 2 banking group, took a beating from the U.S. credit problems, reporting on Thursday a 50 percent drop in profit for the fiscal year. Mizuho recorded 311.22 billion yen (US$2.97 billion; euro1.92 billion) in profit for the fiscal year ended March 31, down 49.8 percent from 620.97 billion yen the previous year. (AP Photo/Shizuo Kambayashi)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080516/ap_on_bi_ge/japan_economy)AP - Japan's economy grew at a stronger-than-expected 3.3 percent annual pace in the first quarter, racking up its third consecutive quarter of growth.</p><br clear="all"/>
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