Mon, 01 Jul 2013 08:56:09 GMT
Japanese manufacturers show optimism for the first time since September 2011
Large Japanese manufacturers showed aggregate optimism in June, indicating trust in Abe's stimulus programs to bring Japanese economy out of stagnation. The Tankan gauge rose to +4 from -8 in March, while experts predicted a rise to +3. A positive number in the survey means that optimistic manufactures outnumbered pessimistic ones. Big companies plan to expand investment by 5.5% this