Japan business mood seen as less optimistic


TOKYO: The mood of Japanese manufacturers is seen as less optimistic in the three months to September, and it will probably improve only slightly in the coming quarter, indicating that a sale tax hike and slow recovery in exports are hurting business sentiment.

The Bank of Japan's quarterly "tankan" business sentiment survey will also likely show that big companies are trimming their capital expenditure plans this fiscal year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Trading ideas: Maybank, KLK, Nestle, GenM, KPJ, D&O, Sam Engineering, Capital A, KUB
South Korea to consult Naver to divest stake
Palm planters seek replanting tax incentive
Sarawak Plantation makes headway with rehabilitation
Lofty US stocks leave investors punishing earnings disappointments
ESG reporting landscape and the role of regulators
Ringgit likely to trend around 4.77 to US dollar
India expects annual power output to grow rapidly
Bursa M’sia likely to trade range-bound this week
Keep the faith on inflation but prepare to be disappointed

Others Also Read