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#SaxoStrats
Today's edition of the Saxo Morning Call features the SaxoStrats team discussing the continuing weakness of the US dollar as commodity prices recover ground and in the wake of key US equity indices hitting all-time highs Thursday.
Editor’s Picks 22 May 2015 at 0:03 GMT

Record number of Japanese companies post JPY 100 billion net profit

Nikkei Asian Review
A record 61 publicly traded Japanese companies booked JPY 100 billion or more in net profit in fiscal 2014, according to the Nikkei Asian Review. The situation has been partly attributed to successful structural reforms and corporate buyouts but businesses are also thriving because of aggressive acquisitions in foreign markets. Toyota came in at the top, thanks to strong car sales in North America and the weak yen, while Mitsubishi UFJ Financial Group became the first Japanese bank to top JPY 1 trillion, partly due to the soft currency.
Read full article at Nikkei Asian Review
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