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JAPAN
JAPAN: MNI 5 THINGS: BOJ Sep Tankan: Sentiment Down, Capex Solid
- The Bank of Japan's quarterly Tankan business survey for September, released
Monday, showed business sentiment lower for the third straight quarter, hit by
increasing concerns over the global economy and rising raw material costs.
Looking ahead, sentiment among major companies is expected to be flat three
months ahead, although many sectors are expected to fall further on jitters over
protectionist U.S. trade policies. Labor shortages in Japan are also pushing up
costs, adding to supply constraints.
- For full story see MNI Main Wire at 01:27 BST 10/01, or contact us for full
access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com