Japan business confidence tumbles, 'tankan' report shows

Business Jul. 01, 2011 - 10:30AM JST ( 6 )

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paulinusaJul. 01, 2011 - 10:53AM JST

Some analysts expect a v shaped recovery from second half 2011 into 2012.
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CrickyJul. 01, 2011 - 12:03PM JST

The economy has really not changed for 20 years, now there is a reason for it! Can not blame Government anymore because now it's all the earth quakes fault.
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NoripinheadJul. 01, 2011 - 02:18PM JST

Looks like the tankan has tanked.
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some14someJul. 01, 2011 - 02:58PM JST

Some analysts expect a v shaped recovery from second half 2011 into 2012.

not for Japan, i guess.

The bank’s next policy board meeting is scheduled for July 11-12

routine meeting, near zero interest rate policy and no funds to flow from BOJ for now.

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globalwatcherJul. 02, 2011 - 03:20AM JST

But the tankan points to improvements ahead, adding to evidence that the world’s No. 3 economy is likely to recover toward the end of the year. The survey forecasts business sentiment among large manufacturers to rise to plus 2 over the next quarter.

Based on Y80/$. I would not be too sure about it.
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Jeffrey DuelleyJul. 02, 2011 - 03:38AM JST

Uh...Japan's economy was only in recession for 10 years, and it's per-capita GDP has been growing for quite a while.