Japan business sentiment negative for first time since 2013: survey

MG News | April 01, 2020 at 11:40 AM GMT+05:00

0:00

Apr 01, 2020: Confidence among Japan's biggest manufacturers has plunged into negative territory for the first time in seven years, a key survey showed Wednesday as the coronavirus pandemic hits demand and disrupts production.

The Bank of Japan's March Tankan business survey -- a quarterly poll of about 10,000 companies -- showed a reading of minus 8 among major manufacturers, the first negative reading since March 2013.

The short-term business sentiment survey reports the difference between the percentage of firms that are upbeat and those that see conditions as unfavourable.

AFP/APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,519.94 600.69M	1.74% 2885.10
ALLSHR	100,327.69 1,191.02M	1.66% 1641.75
KSE30	50,918.37 289.83M	1.86% 931.27
KMI30	243,647.50 248.34M	1.65% 3960.26
KMIALLSHR	65,555.37 626.03M	1.47% 951.47
BKTi	46,361.54 106.78M	2.02% 916.94
OGTi	34,376.44 15.73M	1.21% 412.53

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	75,100.00	75,445.00 73,420.00	700.00 0.94%
BRENT CRUDE	94.80	96.90 93.93	0.01 0.01%
RICHARDS BAY COAL MONTHLY	103.25	103.25 103.25	-0.60 -0.58%
ROTTERDAM COAL MONTHLY	103.50	103.50 103.50	-0.50 -0.48%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	91.04	93.30 86.96	-0.24 -0.26%
SUGAR #11 WORLD	13.50	14.03 13.48	-0.38 -2.74%