Thursday, December 8

Japanese companies hold firm on capital spending with focus on technology

A majority of Japanese firms plan to focus their capital spending on technology next year, with investment plans largely unaffected by a plunge in the yen, a Reuters monthly poll has shown.

While overall pessimism about the economic outlook remains, the survey backs up reports by the Japanese government and central bank last month that the capital expenditure outlook is turning up.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.


Source link