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1 day ago · By Tetsushi Kajimoto. TOKYO (Reuters) - Japan's exports rose for a fifth straight month in April, helped by a boost in value from the weak yen, government data showed on Wednesday, but shipment ...
May 22, 2024 · Despite these gains, Japan's trade balance swung to a deficit of 462.5 billion yen ($2.96 billion) in April, reversing from a 387 billion yen surplus in March. The trade data reflects the broader economic struggles Japan faces, with export volumes remaining lackluster due to sluggish demand from key trading partners, particularly China, which ...
1 hour ago · The Associated Press. TOKYO -- Japan’s trade deficit in April grew nearly 8% from a year earlier as the weak yen boosted the value of imports, offsetting gains from a jump in exports, government ...
5 hours ago · A weak yen inflates import costs for resource-scarce Japan but boosts Japanese exporters' overseas earnings. Crude oil prices jumped 17.7 percent from a year earlier in yen terms, compared with a 2.6 percent increase in dollar terms. U.S.-bound exports increased 8.8 percent to 1.80 trillion yen, extending its growth streak to 31 months.
5 hours ago · Due to the depreciation of the Japanese yen, the import price of grilled unagi has risen by over 20% compared to the same period last year. In Tokyo’s Tsukiji Market, a major wholesale market, the price of grilled unagi has also shown an upward trend. As of late April this year, Chinese-produced grilled unagi costs over JPY 4,000 per kilogram ...
5 hours ago · 3:51. Japan’s imports rebounded in April as the weak yen boosted their value, pushing the nation’s trade balance into deficit and highlighting the increasing economic burden stemming from the ...
5 hours ago · Japan’s research capability is in jeopardy. It seems like a dream now, but there were good old days: when I was studying in the US in the late 1980s, the Japanese yen was at the height of its solo dominance. There was a myth that Japanese trading companies owned half of Manhattan Island. A liter of gasoline then cost around just 30 yen.
