Japan big maker sentiment up, services highest since 1991: Tankan

Business confidence among major Japanese companies continued to improve in September despite concern about slowing global growth, with nonmanufacturers the most optimistic in over three decades as COVID-related bottlenecks eased, the Bank of Japan said Monday.Sentiment among manufacturers improved for the second straight quarter to 9 in September from 5 three months earlier, buoyed by confidence among automakers recovering to a level last seen before the pandemic.The index for large nonmanufacturers, including the service sector, rose to 27, the highest since November 1991, from 23, marking…READ FULL ARTICLE