TOKYO - Japan’s core machinery orders unexpectedly rose in August, extending gains and highlighting resilience in capital spending even as the economy remains under pressure from the coronavirus pandemic.
Core machinery orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, grew 0.2% in August after a 6.3% rise in July. However, analysts warn orders may turn negative again in the coming months as firms struggle with excess output capacity. By sector, orders from manufacturers shed 0.6%, while those from non-manufacturers lost 6.9%, the Cabinet Office data showed on Monday.
Separate data on Monday showed lending by regional banks stayed high in September as smaller firms scrambled to meet their immediate funding needs.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump: Favor-seekers benefit after spending big at his businesses: NYT - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cruise line CEOs talk with Vice President Mike Pence; industry adopts recommendations for how to restart sailingThe CDC had requested that a 'no-sail' order be extended to Feb. 15, 2021, but compromised with the White House Task Force to extend until Oct. 31. looking to grow your financial status via making on bwitcoin trade by a professional trader with as little as $500 to earn a minimum of $7200 ? Contact me for more information pin me a message or contact on Business WhatsApp +14075643305 We the people of United States don't want Hillary's emails. We want Trump's taxes, his medical records, Ivanka's security clearance documents, and the translator's notes from Helsinki. The CDC wanted Feb 2021 and 'compromised' to Oct 31? Seriously? That kind of pull back from Feb to Oct sounds more like they were told what to do.
Source: USATODAY - 🏆 100. / 63 Read more »