http://www.bloomberg.com/news/2012-10-22/japan-exports-fall-at-fastest-pace-since-post-earthquake-slump.html
“There’s a high chance that Japan’s economy will have two consecutive quarters of contraction through December,” said Yoshimasa Maruyama, chief economist at Itochu Corp. in Tokyo. “The slump in advanced nations is spreading to emerging economies.”
The
yen weakened 0.6 percent to 79.78 per dollar as of 5:57 p.m. in Tokyo
on speculation that the central bank will expand monetary stimulus. The
currency’s decline pushed the Nikkei 225 Stock Average to a 0.1 percent
gain, reversing losses of as much as 1.5 percent, by improving the
outlook for exporters.
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