Japan’s factory activity remained stuck at an 11-year low in June, in a sign the coronavirus pandemic is taking a toll on manufacturers even as services-sector sentiment picks up. The decline in manufacturing activity offers evidence of the prolonged impact the coronavirus crisis is having on export-reliant economies such as Japan’s. The au Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index (PMI) edged down to a seasonally adjusted 37.8 from a final 38.4 in May. The index recorded its lowest since March 2009 for a second straight month, staying below the 50.0 threshold that separates contraction from ... (full story)