Japan posts trade surplus as export slump eases

Posted by 7Star Thursday, May 28, 2009

Japan announced Wednesday an unexpected trade surplus as its export slump continued to ease, adding to hopes the world's number two economy is through the worst of its deepest post-war recession. The trade surplus of 68.95 billion yen (728 million dollars) for April was down 85 percent year on year, according to government data, but markets had expected a deficit of about 69.5 billion yen.

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