A couple (+1) of headlines to note:
45 of 111 firms foresee modest growth
A recent Kyodo News poll of 111 major Japanese companies has found that 45 firms expect to see a moderate economic expansion in the coming six months, far surpassing the number of pessimistic firms. … As major reasons for expecting a moderate expansion, U.S. economic improvements were cited by 21 of the 45 bullish firms, a Chinese economic recovery by 20, and correction to the yen’s appreciation by 16.
Construction Labor Shortage May Impede Public Works Plans(Gated article)
labor shortages in construction could constrain ambitious public works projects proposed by the new government
Deputy Prime Minister Aso says strong yen is getting corrected (Note – this crossed the newswires a few hours ago, as reported on ForexLive) (Article is Gated)
