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Machinery Industrial Machinery

  • *May core orders -3.6 pct m/m vs forecast +1.7 pct. TOKYO, July 10- Japan's core machinery orders unexpectedly tumbled in May on persistent weakness in the services sector, and the government downgraded the outlook for orders for the first time in eight months, raising doubts about the strength of the economic recovery. It was the steepest month-on-month decline...

  • MELBOURNE, July 10- London copper edged up on Monday after a solid U.S. jobs report buoyed hopes that an economic recovery is taking root in the world's top economy, which spurred appetite for risky assets. *SHFE COPPER: Shanghai Futures Exchange copper traded up 0.1 percent at 46,950 yuan a tonne. *JAPAN ECONOMY: Japan's core machinery orders unexpectedly tumbled...

  • *May core orders -3.6 pct m/m vs forecast +1.7 pct. *Core orders +0.6 pct yr/yr vs forecast +7.7 pct. TOKYO, July 10- Japan's core machinery orders unexpectedly tumbled in May, and the government downgraded the outlook for orders for the first time in eight months, raising doubts about the strength of the economic recovery.

  • TOKYO, July 10- Japan's core machinery orders fell 3.6 percent in May from the previous month, government data showed on Monday, in a sign capital spending lacks momentum. The surprise fall in the core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, undershot the 1.7 percent increase expected by...

  • *Solid global demand expected to support Japan's economy. TOKYO, June 19- Japan's exports surged in May by the fastest in more than two years on higher shipments of cars and steel, an encouraging sign that robust global demand will help keep the country's modest economic recovery on track. "The main scenario is Japan's exports will continue to recover," said Shuji...

  • *April core orders -3.1 pct m/m vs forecast -1.3 pct. *Core orders +2.7 pct yr/yr in April vs forecast +6.3 pct. TOKYO, June 12- Japan's core machinery orders fell more than expected in April, casting doubt on the strength of companies' capital spending and adding to concerns about the country's fragile economic recovery.

  • economic fragility@ April core orders -3.1 pct m/m vs forecast -1.3 pct. *Core orders +2.7 pct yr/yr in April vs forecast +6.3 pct. TOKYO, June 12- Japan's core machinery orders fell more than expected in April, casting doubt on the strength of companies' capital spending and potentially dragging on economic growth in the current quarter.

  • TOKYO, June 12- Japan's core machinery orders fell 3.1 percent in April from the previous month, down for the first time in three months, in a sign capital expenditure lacks momentum, Cabinet Office data showed on Monday. The fall in the core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, compared...

  • *March core orders +1.4 pct m/m vs forecast +2.1 pct. *GDP due at 2350 GMT May 17. TOKYO, May 17- Japan's core machinery orders fell short of expectations in March from the previous month and companies forecast a decline in investment over April-June, underscoring the fragile nature of the country's export-driven economic recovery.

  • *GDP due at 2350 GMT May 17. TOKYO, May 17- Japan's core machinery orders fell short of expectations in March from the previous month and companies forecast a decline in investment over April-June, casting doubt on whether recent signs of economic recovery will be sustainable. President Donald Trump's protectionist policies on export-reliant Japan, and may...

  • *March core orders +1.4 pct m/m vs forecast +2.1 pct. TOKYO, May 17- Japan's core machinery orders rose less than expected in March from the previous month, casting doubt over whether recent signs of economic recovery will be sustainable. President Donald Trump's protectionist policies on export-reliant Japan, and may delay capital spending in the coming...

  • TOKYO, May 17- Japan's core machinery orders rose 1.4 percent in March from the previous month, government data showed on Wednesday. The rise in core orders, a highly volatile data series regarded as a good indicator of capital spending in the coming six to nine months, undershot the median estimate of a 2.1 percent rise expected by economists in a Reuters poll.

  • MILAN, May 4- Italian banks and asset managers are rushing to tap a 10 billion-euro wave of money expected to flow into small- and mid-caps, as clients seek tax breaks on investments in a government-sponsored plan, potentially creating a bubble. Final details are still missing but that has not stopped a rush that has sent indexes tracking Italy's small-caps to...

  • NEW YORK, April 27- Private equity firm KKR& Co LP posted better-than-expected earnings on Thursday as a jump in income on the back of higher investment returns lifted the bottom line. New York- based KKR said it had earned economic net income of $549.9 million after taxes in the first quarter, compared to a loss of $553 million a year ago. Indeed, KKR said its...

  • Caterpillar CEO Jim Umpleby says its strong results stemmed from improved operational performance and cost cutting.

  • TOKYO, April 12- Japan's core machinery orders rose 1.5 percent in February from the previous month, government data showed on Wednesday, underscoring a gradual pick-up in capital expenditure. The rise in the core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, was below the 2.7 percent gain...

  • The logo of Swiss agrochemicals maker Syngenta adorns it's plant in Muenchwilen, Switzerland.

    U.S. regulators have given tentative approval to a Chinese conglomerate's proposed $43 billion acquisition of Swiss agribusiness giant Syngenta.

  • Taxing robots as intelligent as taxing software: ABB CEO

    Ulrich Spiesshofer, CEO of ABB, says countries that utilize robotics the most actually have the lowest unemployment rates.

  • 'Pretty certain' of a US-China battle in future: ABB CEO

    Ulrich Spiesshofer, CEO of ABB, says it's important for the company that both the U.S. and China markets continue to grow.

  • Boeing Dreamliner 787 planes sit on the production line at the company's final assembly facility in North Charleston, S.C.

    Boeing is rallying on the hope President Donald Trump will help big industrial exporters. But they may have gone too far.