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More negative news on the economy surfaces in Tokyo

Fitch's doubts on the sovereign debt standing of Japan, among other things, make Abenomics a tougher sell ahead of election

Published Wed, Dec 10, 2014 · 09:50 PM

Japan

Tokyo

BAD news continued to dog Japan's economy on Wednesday: a third international rating agency cast doubts on the country's sovereign debt standing, wholesale prices were shown to have fallen last month, and a business survey revealed deteriorating sentiment among large Japanese manufacturing companies.

All this, on top of news last week that the Japanese economy's slide back into rec…

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