World

Business confidence rising in Japan

Despite a turbulent few weeks, Japan's Tankan survey, which measures business confidence, has returned to positive territory. The FT's Ben McLannahan says this is good news for Prime Minister Shinzo Abe ahead of elections for the upper house of the Diet next month but questions whether improved confidence will lead to a fundamental shift in where Japanese companies choose to invest for future growth - at home, or in faster growing markets overseas.