Japanese Business Sentiment Wanes With Yen Woes

Sentiment among Japan’s large manufacturers dropped to the lowest level since mid-2013 as a stronger yen risks eroding company profits, undermining efforts to spur a recovery in the world’s third-largest economy. The Tankan index of confidence among large manufacturers stood at 6 in March, the Bank of Japan said Friday, declining from 12 three months ago. A positive number means there are more optimists than pessimists among manufacturers. Economists had forecast 8 in a Bloomberg survey.

Rift Widens Between Trump and Business Leaders
27:16 - President Donald Trump is finding relations with business leaders strained as he disband his CEO advisory councils in the wake of his reaction to last weekend's violence in Virginia. Bloomberg's Kevin Cirilli reports on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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