Growing economy: Workers check Toyota vehicles in Kanegasaki, Japan. Large manufacturers in the country say they intend to ramp up their investment. — AFP
Tokyo: Japan’s large manufacturers remain relatively upbeat about business conditions, reflecting a degree of resilience that supports the case for the central bank to keep raising interest rates at a gradual pace even as uncertainty over the prospects for global trade continue to mount.
An index of sentiment among the country’s biggest manufacturers edged lower to 12 in March, the Bank of Japan’s (BoJ) quarterly Tankan report showed yesterday.
