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Poll: Japan corporate sentiment up

01-21-2011 14:08 BJT

A Reuters poll shows Japanese manufacturing confidence improved in January for the first time in three months. That's a positive sign the economy is likely to start picking up, after a small contraction expected in the final quarter of 2010.

The yen's slight pullback from 15-year-highs and expectations for recovery in the U.S. helped ease some concerns about business conditions. The mood of manufacturers is seen remaining firm over the next three months.

The poll shows a turnaround in corporate sentiment from last month, when manufacturers were increasingly wary about the outlook due to the strong yen and slowing exports.

Editor:Xiong Qu |Source: CNTV.CN

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