Japan's core private-sector machinery orders rose a seasonally adjusted 6.7% in December from the previous month, the government said Thursday, boosting hopes for a continued recovery in the manufacturing sector, Japan's News Agency (Kyodo) reported.
The orders, which exclude those for ships and from utilities because of their volatility, totaled 889.8 billion yen about ($7.9 billion) in the reporting month.Read more
Japan's core private-sector machinery orders fell a seasonally adjusted 1.4 percent in May from April for the second straight monthly decline, the government said Monday.
The orders, widely viewed as a leading indicator of future capital spending, totaled 785.0 billion yen ($7.8 billion), the Cabinet Office said. The decline followed an 11.0 percent drop in April.
The government downgraded itsRead more