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Japan's rising current account surplus spells tensions with the US

Friday, May 12, 2017 - 05:50

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Japan's record current account surplus puts the country on a tense footing ahead of key US-Japan trade talks.

Tokyo

JAPAN'S current account surplus on the nation's balance of payments hit its highest level in nearly a decade in the financial year to March 31, reaching just over 20 trillion yen (S$248 billion) and setting the stage for further friction with the administration of US president

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