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Japan’s Chip Boom Persists as Services Reel From War, Yen and Rates
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Japan’s Chip Boom Persists as Services Reel From War, Yen and Rates
Japanese manufacturers held steady in their optimism this July. Solid demand for semiconductors kept their outlook intact. But service providers watched confidence slip. Rising costs from a fragile Middle East truce, a weak yen and higher borrowing rates weighed on them. The latest Reuters Tankan poll tells the tale. Manufacturers’ sentiment index stayed at plus-13, matching June. Non-manufacturers saw theirs drop to plus-25 from plus-32. The su…
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