Corporate demand for funds from major banks hit a new high in the second quarter, according to a Bank of Japan survey released Wednesday.

The diffusion index for lending demand reported by 50 major financial institutions rose 4 points to 15 in the January poll, its highest since the central bank began the survey in April 2000. The index had set a record of 11 in the October survey.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.