5/10/2013

Japan's yen fell to a four-year low of 100 to the U.S. dollar as Prime Minister Shinzo Abe's stimulus policies aimed at driving inflation up to 2% start to deliver results. Corporate giants began reporting sharply improved earnings this week. Sony returned to profitability for the first time in five years and Toyota Motor reported that its net income tripled, both developments that analysts credit to Japan's weakening yen.

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