Japan's core machinery orders up 0.5 percent in August, up slightly from record lowOctober 9th, 2009 Japan machinery orders rise from record lowTOKYO — Japan's core machinery orders, a closely watched indicator of corporate capital expenditure, rose slightly in August from a record low, showing companies remain reluctant to spend despite some improvement in global demand. Core private sector machinery orders inched up 0.5 percent to 668.1 billion yen ($7.6 billion), according to the Cabinet Office's monthly report Friday.
Orders for durable goods fall unexpectedly in August as demand for aircraft dropsSeptember 25th, 2009 Orders for durable goods drop unexpectedly in Aug.WASHINGTON — Orders for goods expected to last at least three years fell unexpectedly in August due mainly to a drop in demand for commercial aircraft. The worst reading since January for durable goods is evidence that any recovery in manufacturing will be slow and gradual.
Japan's 2Q growth weaker than first estimated but shows recovery after yearlong contractionSeptember 10th, 2009 Japan's 2Q growth weaker than first estimatedTOKYO — Japan's growth in the second quarter was weaker than initially thought, but government figures still show that the world's second largest economy has managed to climb out of a recession. The Cabinet Office said Friday that gross domestic product, or the value of the country's goods and services, grew at an annual pace of 2.3 percent in the April-June period, following a yearlong contraction.
Japanese machinery orders slide 9.3 percent in July, reversing previous month's jumpSeptember 10th, 2009 Japanese machinery orders slid 9.3 percentTOKYO — Japanese machinery orders, a closely watched indicator of corporate capital spending, fell back in July after rising the previous month, the government said Thursday, suggesting the outlook for the world's No. 2 economy remains murky.
Japan's current account surplus down 19.4 percent in July; auto and steel exports plungeSeptember 8th, 2009 Japan's current account surplus down 19.4 percentTOKYO — Japan's current account surplus in July fell 19.4 percent from a year earlier as exports tumbled amid a slow recovery in the global economy, the finance ministry said Tuesday. The current account surplus, Japan's broadest measure of trade with the rest of the world, was 1.27 trillion yen ($13.6 billion), the first year-on-year fall in two months, the ministry said.
Japan's central bank expected to keep interest rates unchanged amid signs of recoveryAugust 11th, 2009 Japan central bank likely to hold interest ratesTOKYO — Japan's Cabinet Office kept its cautious view on the economy unchanged Tuesday, noting signs the downturn was bottoming out while warning about growing joblessness. The Bank of Japan is also expected to keep a similar stance when it ends its two-day policy board meeting later in the day, and keep its near-zero interest rates unchanged.
Japan's core machinery orders jump 9.7 percent in June from month earlierAugust 10th, 2009 Japan core machinery orders up 9.7 percent in JuneTOKYO —Japan's core machinery orders, a closely watched indicator of corporate capital spending, jumped in June for the first time in four months, the government said Monday. Core private sector machinery orders in June surged 9.7 percent from a month earlier to 732.8 billion yen ($7.5 billion), according to the Cabinet Office report.
Factory orders rose unexpectedly in June, driven by higher prices for petroleum productsAugust 5th, 2009 Factory orders unexpectedly increase in JuneWASHINGTON — Factory orders rose in June for the fourth time in five months, an unexpected gain and the latest sign of recovery in the ailing manufacturing sector. The Commerce Department said Wednesday that factory orders rose 0.4 percent, after a 1.1 percent increase in May.
Japan's core machinery orders drop 3 percent in May, exports fallJuly 8th, 2009 Japan core machinery orders, exports fall in MayTOKYO — Japan's core machinery orders, a closely watched indicator of corporate capital spending, unexpectedly fell for a third month in May as uncertain prospects for a global economic recovery kept companies guarded. Core private sector machinery orders, which exclude volatile orders from electric power companies and shipbuilders, declined 3 percent from April to 668.2 billion yen ($7.1 billion), the government said Wednesday.
Asian markets slide on falling commodities, waning hopes for speedy economic recoveryJuly 8th, 2009 Asian markets slump on falling oil, metal pricesTOKYO — Asian markets tumbled Wednesday, along with commodity prices and hopes for a rapid recovery of the global economy. The pessimism permeated stock exchanges throughout the region, with several losing more than 2 percent in early afternoon trading.
Slide in commodity prices accelerates as doubts about economic recovery growJuly 8th, 2009 Commodities slide on doubts about economic reboundNEW YORK — Metals and energy prices are extending their losses amid growing anxiety about the potential for a quick and robust economic recovery. Investors are moving out of risky assets like commodities and stocks and seeking shelter in traditionally safe-haven investments such as the dollar and Treasurys.
Euro zone industrial output slumps 1.9 percent in April, down record 21.6 percent over yearJune 12th, 2009 Euro zone industrial output slumps in AprilLONDON — Industrial production in the 16 countries that use the euro slumped in April, official figures showed Friday, stoking fears that the euro zone remains in the grip of recession despite signs elsewhere that a recovery of sorts may be underway. The European Union's statistics office Eurostat said a 1.9 percent drop in April — the eighth consecutive monthly fall — pushed the annual rate of decline down to a record 21.6 percent.
Japan's machinery orders drop 5.4 percent in AprilJune 10th, 2009 Japan machinery orders down 5.4 percent in AprilTOKYO — Japan's core machinery orders, a closely watched indicator of corporate spending, dropped 5.4 percent in April, the government said Wednesday, dimming prospects for a quick recovery in the world's second-largest economy. The April result was far worse than the average forecast among market analysts of a 0.6 percent month-on-month rise in core machinery orders.
Factory orders up for second time in 3 months in April; hopeful sign for manufacturing sectorJune 3rd, 2009 Factory orders rise for second time in 3 monthsWASHINGTON — Orders to U.S. factories rose 0.7 percent in April, the second increase in three months and further evidence that manufacturers may be recovering.
Nikkei down four percent on Wall Street's fallJanuary 14th, 2009 TOKYO - Japan's benchmark Nikkei index lost four percent by the close of morning trading Thursday after Wall Street plummeted overnight and the Japanese government's machinery orders for November showed the largest decline on record. The Nikkei 225 Stock Average dropped 335.68 points to 8,102.77, and the broader Topix index of all First Section issues was also down 20.15 points, or 2.46 percent, to 799.24.
Loading ...