Bank of Japan optimistic in Tankan report

The business outlook among Japanese companies improved in the October-December quarter, although that sentiment is not expected to last in months ahead, according to a central bank survey released Friday by the Bank of Japan.

While still in negative territory, the Bank of Japan's quarterly "tankan" survey of corporate sentiment improved for a third straight quarter. The confidence of major manufacturers rose to minus 9 from minus 14 in July-September.

The index gives the percentage of companies

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