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[ad_1] Fast Retailing said on Thursday that strong overseas sales drove a 25% rise in first quarter operating profit, as the Uniqlo operator charts a third-straight year of record earnings.Profit was ¥146.7 billion ($1.01 billion) in the three months through November compared with ¥117.1 billion a year earlier.The consensus forecast was for ¥137.9 billion, according to the average estimate of five analysts surveyed by LSEG. [ad_2] Source link

[ad_1] Despite what was largely seen as a swift response to the 7.6 magnitude earthquake that hit the Sea of Japan coast on New Year's Day, a week later the government is catching some flak from the opposition.Sixteen hours into the new year on Jan. 1, the Hokuriku region was shaken by a powerful quake with its epicenter on the Noto Peninsula, a sparsely populated strip of land stretching out […]

[ad_1] New Haven, Connecticut – Currency fluctuations affect different populations in different ways.Consider the recent decline of the yen, which slid from around ¥103 against the dollar at the end of 2020 to a multidecade low of around ¥151 in late 2023. The weak yen has forced some of my economist friends in Japan to cancel their research trips to the United States because their grants now fall far short […]