Latest in Tag: yen Highlight

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Latest in Tag: yen


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Strong yen slows down Toyota profit drive

The world’s second largest carmaker reported its first drop in annual net profit in five years, warning that the decline could be followed by another profit slump this year due to higher costs and a further rising yen.Toyota posted a net profit of 1.83 trillion yen ($16 billion, 14.7 billion euros) in its last fiscal …

Deutsche Welle

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