TOKYO: Japan’s exports rose for a ninth straight month in May, data showed on Wednesday, as solid semiconductor-related demand continued to offset a blow from major supply disruptions caused by the U.S.-Israeli war with Iran. Total exports by value rose 17% year-on-year in May, government data showed, outpacing a median market forecast for a 16.2% increase and following a 14.8% rise in April. Exports to the United States rose 12.5% in May from a year earlier, while those to China were up 17.9%, the data showed. The data underscores the resilience of Japan’s exports, which have been supported by steady…
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