Minggu, 30 Juni 2013

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Japan's business mood turns positive

Workers at Toyota factory in JapanJapan's big manufacturers expect business conditions to improve further in the current quarter

Japanese manufacturers's sentiment has turned positive for the first time in nearly two years, the Bank of Japan's Tankan survey has indicated.

The big manufacturers' index rose to plus-4 in the April-to-June period, from minus-8 in the previous quarter.

Large manufacturers also plan to boost their capital spending in the current financial year, the survey showed.

Japan has unveiled aggressive policy moves in recent months to try and spur growth in its stagnant economy.



Source: BBC News - Business http://www.bbc.co.uk/news/business-23123417#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa