13-06-2016 02:43 via news.yahoo.com

Japan corporate sentiment worsens, capex plans revised up

By Stanley White TOKYO (Reuters) - Sentiment at large Japanese manufacturers worsened for the second consecutive quarter over April-June due to a rising yen, although companies did revise up their capital expenditure plans. Large manufacturers said they expect sentiment to rebound in July-September, offering encouragement to policymakers navigating weak exports and lingering concerns about the global economy. The survey results could offer some relief to the Bank of Japan, which holds a monetary
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