Japan's service sector sentiment improved in March

Business sentiment of the service sector in Japan increased for the fifth month in a row in March suggesting that weak Japanese currency and advance in stocks prices helped by the Bank of Japan's aggressive monetary stimulus measures, the Cabinet office reported on Monday. The service sector sentiment index moved up from 53.2 in February to 57.3 in March, while the outlook index was 57.5 in March, down from 57.7 in February.