Sentiment at large Japanese manufacturers worsened for the second quarter of the year from April to June, according to the Business Survey Index compiled by the Ministry of Finance and a research institute. The index slips further to minus 11, in comparison to minus 8 in the first quarter. However, the gloomy report is not without a silver lining: companies forecast their capital expenditure to rise 3.8 percent in the business year starting in April, versus a 6.6 percent decline forecast in the previous survey.
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