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Japan's trade balance to turn positive this year, JP Morgan predicts

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A pick-up in exports last December had raised hopes that the trade imbalance could turn around this year. Exports rose 4.8 per cent to 73.1 trillion yen on the back of the weaker yen.

Tokyo

JAPAN'S trade balance could swing dramatically back into the black this year - and stay there - after four years of being heavily in the red, investment bank JP Morgan has said.

In a new analysis offering some rare good news about the world's third largest economy however, JP

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