BOJ says economic outlook improved

The Bank of Japan's July monthly report released Wednesday said business fixed investment is on a gradual recovery and while it reiterated that economic activity remains ``virtually flat,'' it said the outlook for exports has improved.

Source: Bloomberg

Japan's central bank said a recovery in share prices and business investment has made it more optimistic about the world's second-biggest economy for the first time in a year.

``Business fixed investment is on a gradual recovery,'' the central b

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