Japanese factories cautious but show signs of upturn

TOKYO: Japanese manufacturers' sentiment picked up for the third straight month in February and looks set to turn positive in the next few months, according to a Reuters poll, adding to expectations of a gradual economic upturn helped by a weaker yen.

Firms remained cautious about a patchy recovery in the business environment but still expect broad improvement in coming months, although a full-fledged economic recovery may take time.