Business confidence loses: BOJ
World BusinessDec 15, 2011
TOKYO (AP) ― A key central bank survey showed Thursday that confidence at major Japanese manufacturers fell over the last quarter, as the export-reliant country battled a strong yen and an increasingly precarious global economy.In the Bank of Japan’s “tankan” survey of business sentiment, the main index for big manufacturers fell to minus 4, in the first deterioration in two quarters. Three months ago, it stood at 2.The figure represents the percentage of companies saying business conditions are