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Japan posts trade surplus after 3 years of deficits

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The trade balance in March was a 229 billion yen surplus, the first such surplus since June 2012, reflecting an increase in exports amid a global economic recovery, particularly in the US.

Tokyo

JAPAN logged a surplus in its merchandise trade for the first time in nearly three years last month, as export values rose and those of imports declined, giving what analysts said was a welcome shot in the arm to Abenomics and pushing the Nikkei 225 stock index up to a 15-year high...

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