BOJ's Fukui says Japan export outlook is improving

Speaking at the Bank of Japan's quarterly branch managers' meeting in Tokyo, Toshihiko Fukui said that although the economy remains "flat" and the financial system remains in a "severe state" the outlook for exports is improving somewhat.

Source: Bloomberg

Bank of Japan Governor Toshihiko Fukui said the outlook for Japanese exports is improving, while the economy as a whole is ``flat.''

Japanese companies and banks are making efforts to write off bad loans, he said. The central bank will seek t

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