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Japan exports beat forecasts with 4.2% growth in February, but shipments to China and U.S. slump

Japan exports beat forecasts with 4.2% growth in February, but shipments to China and U.S. slump

The Negishi Maru crude oil tanker sails towards JX Nippon Oil & Energy Corp.’s Negishi refinery in Yokohama City, Kanagawa Prefecture, Japan. Kiyoshi Ota | Bloomberg | Getty Images Japan’s exports climbed 4.2% from a year earlier in February, marking a sharp slowdown after hitting an over-three-year high in January. However, the increase was higher…

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Nikkei 225, Kospi, Hang Seng Index

Nikkei 225, Kospi, Hang Seng Index

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets were set to climb Wednesday as investors tracked escalating tensions in the Middle East. A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has heightened fears of prolonged supply disruptions amid the…

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