Japan Business Sentiment at Six Year High

Business sentiment among big manufacturers in Japan rose to its highest level in six years in the three months to December, the Bank of Japan’s closely-watched Tankan survey showed on Monday.

The headline index of sentiment rose to plus 16, up 4 points from the September quarter and compared with analyst expectations in a Reuters poll for a reading of plus 15.

It is the latest in a string of recent signs that the stimulus policies of Prime Minister Shinzo Abe are having a positive impact on the world’s third largest economy.


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