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To: pater tenebrarum who wrote (38426)6/7/2000 11:46:00 AM
From: Grandk  Read Replies (2) | Respond to of 42523
 
Would this be seen as bullish or bearish for US markets?

TOKYO (AP) - Capital investment spending by Japanese corporations rose 3.3
percent in the January-March quarter on-year, the first increase in more than
two years, a government survey showed Wednesday.
The Ministry of Finance quarterly report also said that corporate current
profits rose a robust 38.7 percent during the quarter compared with a year
earlier -- a good sign for an economy struggling to break out of its longest
slump in 50 years.
Corporate sales increased 2.6 percent, the ministry said.
06/07