Half of Japanese firms see earnings risks from Israel-Hamas conflict: Reuters poll

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Celebrating Wild Caraway: Taste of Nova Scotia's Restaurant of the Year | SaltWireTOKYO - Almost half of Japanese companies see the conflict between Israel and Palestinian militants Hamas potentially hitting their earnings, citing concerns about a further rise in oil and commodity prices, the latest Reuters corporate survey showed.

"Worsening of the Middle East situation will lead to a sharp rise in raw material and fuel prices," a manager at a chemical manufacturer wrote in the survey. About half of them said they feared more global inflation, while two-fifths saw potential shortages of oil products and those made of them, according to the survey.

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