Japanese business confidence improves

05/9/2013 | Yomiuri Shimbun (Japan), The

Aggressive stimulus action by the new Japanese government and the Bank of Japan helped raise a measure of business confidence to its highest level in nearly six years. Teikoku Databank reported its diffusion index for business conditions rose 1.1 points to 42.4 last month, the fifth consecutive higher reading, although it remained well below the neutral point of 50.

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Yomiuri Shimbun (Japan), The

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