http://economictimes.indiatimes.com/Japan govt raises economy view for first time in 3 yrs
(1536hrs)
... "While the economy is in a difficult situation, the tempo of worsening has become moderate," the government said in the report, upgrading its overall assessment for the first time since February 2006.
...
On Friday, the Bank of Japan upgraded its assessment of Japan's economy for the first time in nearly three years. But Governor Masaaki Shirakawa said on Monday the economy still faced significant risk and uncertainty despite some bright signs, reiterating that private consumption and capital spending will likely remain weak.
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http://www.ibtimes.com/intl/
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