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Industrial Machinery

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  • WASHINGTON— A plunge in energy-related drilling and sluggish manufacturing sent U.S. industrial output down for a fifth straight month in April. Last year's steep decline in oil prices, from about $110 a barrel to $50 in January, has forced energy firms to rapidly scale back operations. Companies like Caterpillar are exporting fewer trucks, bulldozers and...

  • Is your kid playing with your capex? Thursday, 14 May 2015 | 7:02 PM ET

    Companies – even new ones – appear to be skipping out on capex, but that spending may just not get counted because your kid is playing with it, UBS said.

  • *Japan Inc, wary of outlook, cautious about boosting spending. TOKYO, April 13- Japan's core machinery orders fell for a second straight month in February in a sign that business investment remains soft, and analysts say the smaller-than-expected decline won't necessarily allow policymakers to relax given an uncertain economic outlook.

  • *Japan Inc, wary of outlook, cautious about boosting spending. TOKYO, April 13- Japan's core machinery orders, a key gauge of capital spending, fell for a second straight month in February in a sign of soft business investment that could challenge policymakers' efforts to shake off decades of economic malaise. But weak capital spending plans for the new fiscal year...

  • TOKYO, April 13- Japan's core machinery orders fell 0.4 percent in February from the previous month, Cabinet Office data showed on Monday, suggesting companies were cautious about raising capital spending amid uncertainty over the economic outlook. The fall in core orders, a highly volatile data series regarded as an indicator of capital spending in the...

  • *Europe's manufacturing center shifts to Germany and hinterland. *UK, France, Spain and Italy seen losing industrial capacity. BRUSSELS, March 15- Once depicted as a "Blue Banana" stretching from Manchester to Milan, Europe's industrial heartland has moved eastwards just as its political center of gravity has shifted to Germany.

  • TOKYO, March 11- Japanese share prices shook off a dismal performance on Wall Street the previous day to post gains on Wednesday, helped by buying of construction firms and other shares on hopes of recovery in the domestic economy. Machinery manufacturers were also helped after Japan's machinery orders were slightly above market expectations while some...

  • TOKYO, March 11- Japan's Nikkei share average rose on Wednesday, with better-than-expected machinery orders offsetting the downdraft from weaker U.S. markets, which fell on growing views that the Federal Reserve may raise rates as soon as June. "The market started to worry about side effects from a further slide in the yen," said Hiroichi Nishi, general manager at...

  • *Jan machinery orders -1.7 pct vs f'cast -4.1 pct. TOKYO, March 11- Japan's core machinery orders fell 1.7 percent in January from the previous month, underscoring the challenges facing the government as it attempts to nudge firms into boosting spending on wages and equipment with its aggressive stimulus policies. "Capital spending is recovering, although at a...

  • *Jan machinery orders -1.7 pct vs f'cast -4.1 pct. TOKYO, March 11- Japan's core machinery orders fell 1.7 percent in January, suggesting that companies remain reluctant to increase capital expenditure given the uncertain economic outlook. The data underscores the challenges Prime Minister Shinzo Abe and the Bank of Japan face as they attempt to nudge firms...

  • Japan Jan core machinery orders down 1.7 pct m/m Tuesday, 10 Mar 2015 | 7:55 PM ET

    TOKYO, March 11- Japan's core machinery orders fell 1.7 percent in January from the previous month, government data showed on Wednesday, suggesting companies are reluctant to increase capital expenditure given the murky economic outlook. The result compared with a median market forecast for a 4.1 percent decline and followed an 8.3 percent rise in December,...

  • *Dec core machinery orders +8.3 pct vs f'cast +2.4 pct. TOKYO, Feb 12- Japan's core machinery orders rose in December at the fastest pace in six months, and companies expect orders to increase in the current quarter in an positive sign that business investment will underpin a firm recovery for the recession-hit economy. "Corporate earnings have been good recently,...

  • Japan Dec core machinery orders rise 8.3 pct mth/mth Wednesday, 11 Feb 2015 | 6:56 PM ET

    TOKYO, Feb 12- Japan's core machinery orders rose 8.3 percent in December and companies expect orders to pick up in January-March, government data showed on Thursday, in an encouraging sign that capital expenditure will help the economy. The month-on-month rise in core orders, which exclude those of ships and electric power utilities, compared with a 2.4...

  • *GDP due at 2350 GMT Feb. 15, machinery orders due on Feb. 11. TOKYO, Feb 6- Japan's economy was expected to rebound in the final quarter of last year from two consecutive contractions as private consumption overcame a sales tax shock and exports bounced back, a Reuters poll showed on Friday. "The pace of recovery in consumer spending picked up and exports expanded, so...

  • LONDON, Jan 16- Dr Copper is back in the headlines. This week's dramatic collapse in global copper prices has generated all sorts of dire warnings about what Dr Copper is telling us about the global economy. After all, he's called Dr Copper for a reason, right?

  • TOKYO, Jan 15- Japan's core machinery orders rose less than expected in November, suggesting companies are still cautious about capital expenditure with renewed worries about global growth adding to doubts over how quickly the economy can recover from recession. Japan's policymakers have said consumer spending, corporate profits, capital expenditure and...

  • TOKYO, Jan 15- Japan's core machinery orders rose less than expected in November due to declining orders in the manufacturing sector, suggesting companies are still cautious about capital expenditure due to worries about domestic demand. Lackluster business investment suggests that the economic recovery will be weak after an increase in the sales tax last...

  • Japan Nov core machinery orders rise 1.3 pct mth/mth Wednesday, 14 Jan 2015 | 6:55 PM ET

    TOKYO, Jan 15- Japan's core machinery orders rose a smaller-than-expected 1.3 percent in November from the previous month, government data showed on Thursday, suggesting capital expenditure among manufacturers could weaken. The rise in core orders, which exclude those of ships and electric power utilities, compared with a 5.0 percent rise forecast by...

  • *Current account due at 8:50 a.m. on Jan. 13. *Machinery orders, wholesale prices due at 8:50 a.m. on Jan. 15. TOKYO, Jan 9- Japan's leading indicator of capital expenditure probably rebounded in November, a Reuters poll showed, as strong corporate earnings on the back of a weak yen encouraged more firms to spend.

  • Oil price decline is good for agriculture too!   Tuesday, 16 Dec 2014 | 5:10 AM ET
    Oil price decline is good for agriculture too!

    Martin Richenhagen, CEO of AGCO, an agricultural machinery company discusses, how the falling price of oil is good for his company and how the sector must adapt to changing diets in emerging markets.