Japan's Honda upgrades full-year outlook on weak yen

Honda on Friday upgraded its full-year outlook thanks to a weaker yen but analysts warned of an uncertain outlook for the auto industry following Donald Trump's drive to support US firms over foreign imports. The company forecast net profit to hit 545 billion yen ($4.8 billion) for the fiscal year through March, up from its earlier estimate of 415 billion yen. It also tipped sales to reach 13.8 trillion yen, up from 13.4 trillion yen projected earlier.