JAPAN DATA: Business investment by small businesses in Japan is
forecast to fall 18.6% in fiscal 2011 from the previous year, Shoko
Chukin Bank said, quoting its twice-annual survey conducted in July. It
is an upward revision from -28.7% expected by surveyed firms in the
January poll. Manufacturers see -4.2% y/y in their capex in the current
fiscal year, revised up sharply from -19.8% projected earlier, while
non-manufacturers foresee -30.2%, up from -35.7% seen in the previous
survey.