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Japan business sentiment improves for 1st time since 2017: Tankan

Confidence levels remain depressed amid coronavirus uncertainty

 Cars lined up at a port in Yokohama, Kanagawa Prefecture. Japanese automakers' sales elsewhere in Asia are recovering. (Photo by Wataru Ito)

TOKYO -- Business sentiment among Japan's large manufacturers has recorded its first improvement since 2017, the Bank of Japan's latest Tankan quarterly survey showed on Thursday, helped by government and central bank efforts to resuscitate the nation's pandemic-hit economy.

The headline diffusion index of sentiment among large manufacturers came to minus 27 in September, up from minus 34 in June, the first improvement since the December 2017 survey.

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