Japan's manufacturers' sentiment weighed by overseas risks - Reuters Tankan

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Japan's manufacturers' sentiment weighed by overseas risks - Reuters Tankan
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A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtipsTOKYO - Business morale at large Japanese manufacturers was subdued in October, although the services-sector mood edged up, the Reuters Tankan poll showed, as upbeat domestic demand helped partly offset the hit to the economy from global headwinds.

All in all, downside risks from the global economy have sapped confidence in Japan's trade-reliant economy, which is otherwise gradually recovering from the pandemic with tourists from China and elsewhere returning. The service-sector index rose to +24, slightly improving from +23 from the previous month, according to the survey conducted Sept. 27 to Oct. 6. Underscoring the fragility of corporate morale, the sentiment index was seen falling to +20.

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