Japan business confidence rebounds to pre-pandemic levels in 1st quarter

Topics Japan | Coronavirus


By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - Japanese big manufacturers' sentiment improved to pre-pandemic levels in the first quarter while companies stepped up capital spending plans, suggesting the export-reliant economy was benefiting from a solid recovery in global demand.

Confidence among big non-manufacturers also recovered from three months ago, underscoring the fading strains from the coronavirus pandemic, a central bank survey showed on Thursday. The data offers some relief for policymakers striving to.....

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