TOKYO : Japanese companies increased spending on plant and equipment for a fifth straight quarter in April-June as business sentiment remained resilient despite rising costs, China's COVID lockdowns and supply chain disruptions.Robust corporate spending is offering some encouragement for Japan's growth ou
TOKYO : Japanese companies increased spending on plant and equipment for a fifth straight quarter in April-June as business sentiment remained resilient despite rising costs, China's COVID lockdowns and supply chain disruptions.
Capital expenditure in the second quarter rose 4.6 per cent from the same period last year, Ministry of Finance data showed on Thursday.
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