Japan clobbered by weak inflation, businesss confidence
Japan was clobbered with a one-two punch Friday morning as weak data and a lacklustre business confidence report underscored the slowdown dragging on the world's number three economy. The poor readings will heap pressure on policymakers to unveil more stimulus, after the yen surged again in the wake of Britain's shock vote last week to quit the European Union, threatening Japan Inc's profits. Friday's data come ahead of parliamentary elections next week seen as a referendum on Prime Minister Shi
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