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Japan business mood improves, tankan survey shows
TOKYO: Japanese business confidence improved in the three months to September, a quarterly central bank survey showed on Thursday, suggesting the economy was weathering the hit from the Middle East conflict and bolstering the case for more rate hikes. The data will be among factors affecting the Bank of Japan’s quarterly growth and inflation forecasts due later this month, which will offer clues on how soon it could raise interest rates again after a hike in September. The headline index measuring big manufacturers’ business sentiment improved to +24 in September from +22 in June, the BOJ’s “t...
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