Optimism among Japan manufacturers highest in a decade
Tokyo
CONFIDENCE at Japanese manufacturers rose to its highest level in a decade in August, led by materials producers, a Reuters poll showed, a further sign of broadening recovery in the economy.
The monthly poll - which tracks the Bank of Japan's closely watched quarterly tankan - found the service sector's mood fell but still remained at a relatively high level, underscoring firmness in domestic demand, which drove an expansion in the second quarter.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Inflation in Japan’s capital falls below BOJ target, slows for second month
Chinese firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall