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Story summary
- Japan posted a 2.81 trillion-yen trade deficit for the first fiscal half.
- Exports grew 18.4% to 63.5 trillion yen, a record volume.
- Imports rose 20.4% to 66.3 trillion yen, also a record.
- Brent crude surged from $70 to about $110 a barrel.
- The yen weakened to roughly 150 per U.S. dollar, inflating import costs.