Japan business sentiment negative for first time since 2013: survey

By 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	128,199.43 336.91M	2.05% 2572.11
ALLSHR	79,787.62 1,023.63M	1.53% 1202.91
KSE30	39,105.00 121.90M	2.49% 951.21
KMI30	186,915.61 131.16M	1.10% 2029.11
KMIALLSHR	54,201.88 553.60M	0.81% 438.07
BKTi	33,476.68 51.49M	4.87% 1555.00
OGTi	27,962.58 9.77M	0.68% 188.60

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	106,020.00	106,200.00 105,440.00	270.00 0.26%
BRENT CRUDE	67.20	67.29 67.05	0.09 0.13%
RICHARDS BAY COAL MONTHLY	97.50	97.50 97.50	0.70 0.72%
ROTTERDAM COAL MONTHLY	103.80	103.80 103.80	-3.45 -3.22%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.51	65.65 65.34	0.06 0.09%
SUGAR #11 WORLD	15.70	16.21 15.55	-0.50 -3.09%