Asian markets are mixed and Japanese stocks rebound from Monday’s slump

Asian shares were mixed on Tuesday, with Japan’s Nikkei 225 index regaining some of its sharp losses from a day earlier. A quarterly “tankan” survey by the Bank of Japan showed business confidence among large manufacturers remained steady at 13, indicating an improved outlook for business conditions. The survey is closely monitored for clues about the impact of the Bank of Japan’s interest rate decisions, especially after the central bank ended negative rates in March and raised its short-term rate to 0.25% in July.Read More