Japanese economy to stay weak - report

The Bank of Japan's latest monthly report on financial and economic conditions paints a gloomy picture of the outlook for the world second largest economy.

"Japan's economic conditions have been deteriorating" the report, released on 24 December, states.

"Exports have decreased. Corporate profits have continued to decrease, and business sentiment has also deteriorated."

"In this situation, business fixed investment has declined. Private consumption has weakened, as the employment and income

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