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

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Explore stories from Atlantic Canada.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines