Japan's economy grows 2.2 pct year-on-year in last quarter

TOKYO (AP) — Stronger exports and housing investment helped Japan's economy grow at a 2.2 percent annualized pace in the July-September quarter, better than many analysts had anticipated and fast enough to stave off further central bank stimulus for now.

Share prices rose early Monday as the yen weakened to 107.37 yen to the U.S. dollar, a trend that would help Japanese exporters.