Mumbai, May 21 -- Japanese stocks slipped today in an overall steady movement in Asian markets as the yen continued to strengthen. Japanese NIKEEI index dropped 0.61% on day. Markets were also worried about the weakening pace of growth in Japanese exports. Japan's exports grew at a slower pace in April largely due to the higher tariffs imposed by the US administration. Exports climbed 2% on a yearly basis in April, slower than the 4% increase in March, the Ministry of Finance reported. Meanwhile, imports also declined 2.2%, in contrast to the 1.8% increase in the previous month. As a result, the trade balance showed a deficit of JPY 115.85 billion compared to a surplus of JPY 559.43 billion in March. In the same period last year, the defi...
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