Pandemic sinks Japan business mood to decade low, outlook even bleaker – Reuters Tankan

By Daniel Leussink TOKYO (Reuters) - The slump in Japanese business confidence deepened in May, hitting decade lows as firms braced for a protracted period of coronavirus-driven economic weakness, the Reuters Tankan survey showed on Wednesday. The downbeat findings came after data this week showed the world's third-largest economy slipped into its first recession in 4-1/2 years last quarter, as the broadening impact of the highly contagious virus depressed business and consumer activity at home and abroad

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