Pessimism persists at big Japanese manufacturers amid global slowdown

TOKYO – Big Japanese manufacturers remained pessimistic about business conditions for a third straight month in March, the closely watched Reuters Tankan survey showed, reflecting worry about slowing global growth that could hurt the country’s export engine. Service-sector firms’ mood rebounded in a sign of domestic demand-driven recovery, in which the prospects of higher wages … Continue reading Pessimism persists at big Japanese manufacturers amid global slowdown