Japan companies to boost capital spending-paper

Newswire

TOKYO, May 29 (Reuters) - Japanese companies plan to increase their capital investment by 14.5 percent in the current business year, the third consecutive year of doubt-digit rises, according to a poll by the Nihon Keizai business daily published on Monday. The year-on-year increase, led by electronics and materials makers responding to brisk demand, will be the largest since business year 1989, the paper said. The survey covered the capital outlay plans of 1,498 companies, excluding ...

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