Japan business confidence grows: BoJ
Japanese business confidence has improved for a second straight quarter as the world's number two economy emerges from its worst recession in decades, according to the Bank of Japan.
Sentiment among major manufacturers improved to minus 33 in September from minus 48 in June, after hitting a record low of minus 58 in March, according to the central bank's closely watched Tankan survey.
But the index -- which measures the percentage of firms that think business conditions are good minus those that believe they are bad -- suggests that many companies are still cautious about the outlook.
Copyright 2009 AFP Global Edition
