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Weak yen boosts Japan automaker profits, easing Middle East, China stress
Companies work to find new shipping route to conflict region as Chinese sales stagnate
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Companies work to find new shipping route to conflict region as Chinese sales stagnate
Japanese automakers are struggling to deal with uncertain markets in the Middle East and China. © Kyodo
TOKYO -- Yen weakness provided a welcome boost to the most recent quarterly earnings of Japanese automakers as they strive to blunt geopolitical uncertainty in the Middle East and improve sluggish sales in China, where their brands are losing ground.
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