Japan revises Q4 GDP up to show growth.

Japan appears to have recovered from its recession after revised Q4 GDP numbers showed annualized growth of 0.2% vs a preliminary reading of -0.4%. Private consumption and public investment boosted the economy, while a smaller-than-initially estimated drop in capital spending indicates that the falling yen may be easing corporate pessimism. The new data has helped boost global shares, with the Nikkei rising 2.6% to 12,283.62, its highest close since September 2008.