By and  on July 2, 2009

TOKYO — There are indications the health of recession-plagued Japan is improving slightly — but market watchers warn a full-fledged recovery for the world’s second-largest economy is far from imminent.

On Wednesday, The Bank of Japan released its closely monitored business sentiment survey, the tankan, which showed an improvement from a record dip in March but still came in lower than expected and languished in negative territory. The quarterly index gauging large manufacturers’ pessimism about the economy rose to minus 48 from minus 58 in March.

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