Samsung Electronics and Hyundai Motor accounted for more than half of net profits generated by top 100 companies by sales in South Korea, boosting concerns over excessive dependence on a few number of companies, local media reported Wednesday.
The Bank of Japan (BOJ) on Wednesday opted to continue its bold monetary easing policy to combat the nation's crippling deflation and hit the government-set 2 percent inflation target in two years.
The Bank of Japan decided Wednesday to keep its current monetary easing policy aimed at beating deflation, according to a statement released after a two-day policy meeting of the bank.
Japan registered its biggest ever trade deficit of 8.17 trillion yen in the 2012 fiscal year through March, according to a preliminary report released by the Finance Ministry on Thursday.
The Bank of Japan's announcement of monetary easing policy made late last week, which was more aggressive than expected, could create problems for its Asian neighbors in terms of trade and capital flow, research groups in Singapore said.
The U.S. dollar traded mixed against major currencies Monday. It advanced against the euro as concerns over the euro-zone banking sector remained after Cyprus and international lenders reached a bailout deal.
The Finance Ministry said, the overall exports fell 6.5 percent to 5,150 billion yen from the previous year, for the fifth straight month of decline.
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