Japan's core machinery orders unexpectedly rose for a second straight month in July, easing some pessimism over capital expenditure.
*July core orders +4.9 pct m/m vs forecast -3.5 pct. TOKYO, Sept 12- Japan's core machinery orders unexpectedly rose for a second straight month in July, easing some pessimism over capital expenditure, but worries remain that weak demand and the yen's gains will discourage companies from boosting investment. Prime Minister Shinzo Abe's government has been...
A torrent of data from China and India due this week will offer insights into the health of Asia's fastest-growing economies.
TOKYO, Sept 12- Japan's core machinery orders unexpectedly rose for a second straight month in July from the previous month, the Cabinet Office said on Monday, growing by 4.9 percent in a sign of a tentative pickup in capital expenditures. The rise in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine...
*Core machinery orders, CGPI due at 2350 GMT on Sunday. TOKYO, Sept 9- Japan's machinery orders were expected to fall in July for the first time in two months, a Reuters poll found, suggesting companies were cautious about capital spending because of a strong yen and weak demand for Japanese products. "Firms' sentiment for investment has become cautious because of the...
Shares of Deere were up 12.8 percent at $86.75 in late afternoon trading after the company reported better-than-expected second-quarter results. Deere officials said they are relying on cost cutting, not a rebound in demand, to deliver fiscal-year earnings of $1.35 billion, up from the previous forecast of $1.2 billion. Deere has put about 2,000 employees in...
Japan's core machinery orders rose 8.3 percent in June from the previous month, in a sign that capital expenditure was starting to recover.
TOKYO, Aug 2- Japan's Nikkei share average slipped on Tuesday with a slide in crude oil prices denting investor risk sentiment, while financials fell after two days of large gains. ISM data out overnight was not all that encouraging, and lower oil is prompting a bit of risk aversion, "said Chihiro Ohta, general manager of investment research and investor services at...
Erik Nielsen, global chief economist at UniCredit, discusses the latest industrial figures from Germany, which show exports and output are down.
Ulrich Spiesshofer, CEO of ABB, says his company needs to readjust its efforts, especially in China where sluggish demand hit profits.
Ann Duignan, JPMorgan machinery & multi-industry analyst, explains why she sees more downside risk heading into 2016.
Profits earned by Chinese industrial companies in November fell 1.4% on-year, but showed some improvement on October's on-year result.
Profits earned by Chinese industrial companies fell 4.6 percent in October from a year earlier, data from the statistics bureau showed on Friday.
Steven Fisher, executive director, equity research analyst at UBS, explains why the world's biggest construction and mining equipment giant Caterpillar remains a good barometer for global growth.
Japan's machinery orders rose 2.9 percent on month in March, slightly better than the 1.8 percent forecast from a Reuters poll of economists.
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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.
Joe Zidle, Portfolio Strategist, Richard Bernstein Advisors, says a worse-than-expected machinery orders for October may fuel more stimulus, which will benefit Japan's market in the long run.
Shen Jian Guang, Greater China Chief Economist at Mizuho Securities Asia, discusses the raft of economic indicators released late Thursday and outlines the PBoC's next step.
Freya Beamish, Economist at Lombard Street Research, explains that there are structural and cyclical stories behind China's April industrial profits data.