Japanese exports fell by a larger-than-expected 35% in December, the biggest fall on record, stoking concerns that firms could accelerate layoffs and idle production as the global recession deepens.
Exports totaled 4.833 trillion yen ($54.15 billion), down from 7.434 trillion yen a year earlier, according to provisional figures released Thursday by the Finance Ministry. Imports as shrank 21.5% to 5.153 trillion yen,
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