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cheaper for customers because it makes their products cheaperfor customers in because it makes their products cheaper for customers in other countries to buy. the yen has been steadily depreciating against the us dollar and that is likely to continue boosting export profits forjapanese export profits for japanese companies export profits forjapanese companies according to damien thong the head of japanese equity research. it thong the head of japanese equity research. equity research. it is a big tailwind for equity research. it is a big tailwind for firms - equity research. it is a big| tailwind for firms exporting from japan and also firms which manufacture outside means a lot of the profits they generate overseas will be brought back to japan and a overseas will be brought back tojapan and a very overseas will be brought back to japan and a very attractive rate of exchange. rate of exchange. japanese companies rate of exchange. japanese companies have rate of ....
syria. the captain of that wrecked cruise ship in italy says his employer is also responsible for the disaster. the reuters news agencies quotes italian media as saying the captain said costa cruises instructed him to take the ship close to the island in a maneuver meant to attract publicity. the iranian lawmakers says the country will stop oil shipments through the straits of hormuz. it will ban oil imports beginning in july. the e.u. and the u.s. are putting crippling pressure on the iranian community. severe weather in the southeastern united states killed two people, injured dozens and left hundreds homeless. tornadoes struck the states of alabama and arkansas early monday. the entire state of alabama was declared under emergency and more than 12,000 people still without electricity. those are the top stories from cnn, the world s news leader. i m zain verjee and world business today starts now. a warm welcome to world business today. i m charles hodson. these ....