UPDATE 1-Japan Inc struggles with yen rise, Thai floods

Newswire

* Panasonic forecasts worst annual loss in a decade * Honda sees wider production disruption due to Thai flooding * Japan intervenes to tame soaring yen * Honda ends down 3.7 pct; Panasonic down 2.1 pct (Adds details) By Isabel Reynolds TOKYO, Oct 31 (Reuters) - Japan's biggest corporations are facing an ever tougher fight to keep up with their nimble Asian rivals as the soaring yen and Thai flooding hit manufacturers already battling consumer gloom in Europe and the United States. ...

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