1 minute ago by Reuters1 minute ago by Reuters1 minute ago by Reuters1 On September 29, 2017, a man walks in front of containers and cranes at an industrial port in Tokyo, Japan. Toru Hanai/Reuters TOKYO, Japan (Reuters) – A gain in exports and earnings from a pick-up in external demand boosted confidence at Japanese big manufacturers for the fourth quarter in a row, according to a key “tankan” poll released by the central bank on Thursday. According to the Bank of Japan’s highly regarded tankan business survey, the headline index for big manufacturers’ confidence increased to plus 14 from plus 5 in March. The attitude among large non-manufacturers improved for the second quarter in a row, according to the study. The study also revealed that big businesses aim to increase capital spending by 9.6% in the fiscal year ending March 2022. The result was higher than the market’s median projection of 7.2 percent, following a 3 percent growth in March. POLL RESULTS Here’s where you may find the BOJ’s table: Leika Kihara and Tetsushi Kajimoto contributed reporting, while Chang-Ran Kim edited the piece./n
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