Japan tankan survey: businesses wary, spending plans flat

April 1, 2015 6:48 AM

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TOKYO (AP) — Japanese businesses remain wary over the outlook for the world's No. 3 economy and generally plan to reduce capital investment, according to a central bank survey released Wednesday.

The Bank of Japan's quarterly "tankan" survey will likely reinforce the conviction among many that more stimulus is needed to sustain growth as Japan struggles to escape from more than two decades of stagnation.

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