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Stock impact report

UPDATE 2-Japan's business mood hits 2-year low as trade war stings [Reuters]

Mitsubishi UFJ Financial Group, Inc (MUFG)  More Company Research Source: Reuters
PDF UPDATE 2-Japan's business mood hits 2-year low as trade war stings | Reuters 4 Min Read * Big manufacturers’ sentiment index plus 12 vs f’cast +14 * Service-sector sentiment plus 21 vs f’cast +22 - BOJ tankan * Manufacturers’ confidence seen worsening three months ahead * Big firms expect to increase capex by 1.2 pct this fiscal yr (Adds analyst quote, detail) By Leika Kihara and Tetsushi Kajimoto TOKYO, April 1 (Reuters) - Japanese business confidence worsened to a two-year low in the March quarter, a central bank survey showed, underscoring concerns that Sino-U.S. trade tensions and softening global demand were taking a toll on the export-reliant economy. The damage was most pronounced among big manufacturers, where sentiment soured at the fastest pace in more than six years, stoking fears that uncertainty over the global outlook could discourage companies from spending on wages and expenditure. The gloomy survey, which adds to growing signs of weakness in the economy, will keep pre [Read more]
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