Japan exports up for 2 straight years but global headwinds point to soft outlook

TOKYO -Japan posted two straight years of export gains, led by solid U.S.-bound shipments of cars, although expectations of a strong recovery in demand are quickly fading amid global monetary tightening and worries about banks worldwide. The world's third-biggest economy has struggled to make a solid post-COVID recovery, undermined by lackluster household consumption and a global slowdown. Slowing shipments to China have also shattered policymakers' hopes for a quick rebound from the pandemic doldrums. The trade data by the Ministry of Finance (MOF) showed on Thursday Japan's exports grew 6.5 percent year-on-year in February, undershooting a 7.1- percent increase expected by econom...Keep on reading: Japan exports up for 2 straight years but global headwinds point to soft outlook

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