Haruhiko Kuroda, the governor of the Bank of Japan, today presented evidence that Japan's economy has found a more secure footing, and said the recovery is likely to persist.

In a speech to business leaders in Osaka, Kuroda described domestic demand as "firm", driven by a trend of recovery in the services sector, in contrast to historical Japanese recoveries. "The employment situation continues to improve moderately but steadily," he added, saying that there had even been some signs of a labour