Japan comes out of recession

Economy grew 0.6% in the fourth quarter of 2014, meaning world's third largest economy had 0% growth for the year

Japan's economy grew 0.6% in the three months to December, as the world's third largest economy crawled out of recession, the government said on Monday, while the data showed flat growth for the full year.

The quarterly reading came in below the median forecast of 0.9% growth in a survey by the Nikkei economic daily.