Japan business mood at best levels since March '14: tankan
Big companies plan to ramp up capital expenditure at the fastest pace in a decade
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Tokyo
JAPANESE business sentiment has improved to levels not seen since before the economy slipped into recession last year, offering relief to policymakers keen to keep the recovery intact without additional stimulus.
Big companies plan to increase capital expenditure at the fastest pace in a decade, the Bank of Japan's (BOJ) closely watched "tankan" survey showed on Wednesday, a welcome sign for premier Shinzo Abe's economic revival strategy which has seen limited success in nudging firms to boost wages and investment.
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