TOKYO: A key measure of Japanese business activity rose slightly in May from the previous month, providing the latest evidence of a mild pick-up in the world’s second largest economy.
But the emphasis was on “mild” as Bank of Japan (BoJ) governor Toshihiko Fukui repeated in a speech yesterday the central bank’s view that economic conditions remained flat, even if some causes of uncertainty were receding.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!