Japan business mood sours in January-March: survey

Published Fri, Mar 11, 2016 · 09:50 PM

Tokyo

JAPANESE business sentiment worsened sharply in the first quarter, a government survey showed on Friday, suggesting that financial market turbulence and sluggish global demand had taken a toll on a fragile economic recovery.

The data keeps the pressure on policymakers to deploy additional fiscal and monetary stimulus measures to reflate an economy that is skirting another recession.