The Traderszone Network

Published in TZ Latest News 10 September, 2015 by The TZ Newswire Staff

Japan business mood rebounds, PM Abe to pressure firms to raise capex

Japanese business sentiment turned positive in July-September and companies stuck to upbeat spending plans, a government survey showed, offering some relief for policymakers worried about a hit from slowing Chinese growth and ensuing market turmoil. “Big manufacturers appear a bit cautious about the outlook, probably due to uncertainty over China. “Capital expenditure plans remain fairly strong, so I don’t think we need to be too pessimistic about the economy,” he said.