Machinery Industrial Machinery

  • TOKYO, May 19- Japan's core machinery orders rose 5.5 percent in March from the previous month, Cabinet Office data showed on Thursday, but companies forecast a decline in investment in April-June, suggesting some are cautious about the business outlook. The increase in March was more than a median estimate for a rise of 0.5 percent, according to a Reuters poll.

  • FRANKFURT, May 18- Chinese home appliance maker Midea Group made an offer on Wednesday to buy German factory robot manufacturer Kuka AG, the latest bid by a Chinese investor to gain control of cutting-edge German industrial technology. The 115 euro per share offer values Kuka at around 4.5 billion euros and represents a premium of 36 percent to Kuka's share...

  • FRANKFURT, May 18- Chinese home appliance maker Midea Group made an offer on Wednesday to buy German factory robot manufacturer Kuka AG, the latest bid by a Chinese investor to gain control of cutting-edge German industrial technology. The 115 euro per share offer values Kuka at around 4.5 billion euros and represents a premium of 36 percent to Kuka's share...

  • *Machinery orders data due at 2350 GMT on Wed. TOKYO, May 13- Japan's machinery orders are expected to have rebounded only slightly in March, a Reuters poll showed, indicating firms remain cautious about their business investments on worries about economic prospects. "The yen's appreciation has progressed, which has made the environment for corporate earnings...

  • You might not hear that from Washington, where the latest job report for April showed factories added 4,000 positions and other measures suggest the sector has stopped contracting. The fallout is most visible on the U.S. campaign trail, where Donald Trump has ridden the wave of anger about losing jobs to become the presumptive nominee for Republican party.

  • TOKYO, April 11- Japanese stocks fell in choppy trade on Monday morning as persistent strength in the yen pressured exporters while investors shrugged off early signs of stabilisation in capital spending. The Nikkei share average fell 1.4 percent to 15,607.77 during mid-morning trade, ignoring data showing Japan's core machinery orders fell less than...

  • TOKYO, April 11- Japan's core machinery orders fell less than expected in February in a sign that capital expenditure is starting to stabilise, but a strong yen, which can hurt corporate earnings, clouds the outlook. Japan's policymakers are counting on capital expenditure to create more jobs and raise wages. "On the whole, capital expenditure is rising gradually,...

  • MSCI's broadest index of Asia-Pacific shares outside Japan was a few ticks lower, after Wall Street ended with modest gains on Friday even as the S&P 500 still suffered its biggest weekly decline in two months. Japan's Nikkei stock index skidded 1.2 percent in early trading. Data released early on Monday showed Japan's core machinery orders fell 9.2 percent in...

  • TOKYO, April 11- Japan's core machinery orders fell 9.2 percent in February from the previous month, Cabinet Office data showed on Monday, in a sign that business investment remains subdued. That compared with a median estimate for a 12.4 percent decline. In January core orders rose 15.0 percent, inflated by large orders from the steel industry.

  • *Machinery orders data due at 2350 GMT on Sun. TOKYO, April 8- Japan's leading capital spending indicator was expected to show its first fall for three months in February after a surprise one-off factor jump in January, a Reuters poll found. But there is a downside risk as corporate earnings are worsening rapidly, "said a survey respondent from Dai-ichi Life...

  • German industrial output down 1.2%

    Erik Nielsen, global chief economist at UniCredit, discusses the latest industrial figures from Germany, which show exports and output are down.

  • ABB profit drops 70%

    Ulrich Spiesshofer, CEO of ABB, says his company needs to readjust its efforts, especially in China where sluggish demand hit profits.

  • Machinery set to see a slowdown: Analyst

    Ann Duignan, JPMorgan machinery & multi-industry analyst, explains why she sees more downside risk heading into 2016.

  • A worker polishes steel coils at a factory of Dongbei Special Steel Group in Dalian, China.

    Profits earned by Chinese industrial companies in November fell 1.4% on-year, but showed some improvement on October's on-year result.

  • Two employees tie up steel bars at a steel-making plant in Ganyu, China.

    Profits earned by Chinese industrial companies fell 4.6 percent in October from a year earlier, data from the statistics bureau showed on Friday.

  • Is Caterpillar still a proxy for global economy?

    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.

  • 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.

  • 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.

  • Relax, bad data won't rock Japan's boat: Pro

    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.