*Brexit may cause Japan Inc to be more wary of capex. TOKYO, July 11- Japan's machinery orders fell unexpectedly in May as a strong yen and weak demand eroded corporate profits and spending plans, a sign the economy is struggling to attract the investment it needs to sustain growth. Core orders, which exclude those of ships and electricity, stood at 785 billion yen, the... » Read More
*Option to buy voting rights from Dieter Manz. FRANKFURT, Feb 28- Chinese power and electrical group Shanghai Electric has agreed to buy at least a quarter of German technology group Manz in a deal that could lead to a full takeover offer, Manz said on Sunday. So far this year ChemChina has agreed to buy German industrial machinery maker KraussMaffei for $1 billion,...
Chief Executive Dieter Manz and his wife Ulrike Manz, who currently own 35.2 percent and 3.8 percent of the company respectively, will not exercise their subscription rights. Manz and Shanghai Electric also agreed a deal that would allow the Chinese group to request voting rights from Dieter Manz, enabling it to reach the 30 percent threshold that would...
TOKYO, Feb 17- Japan's core machinery orders rose 4.2 percent in December and companies expect orders to accelerate further in January-March, government data showed on Wednesday, in an encouraging sign that capital expenditure will support economic growth. The month-on-month rise in core orders, which exclude those of ships and electric power utilities,...
Erik Nielsen, global chief economist at UniCredit, discusses the latest industrial figures from Germany, which show exports and output are down.
*China needs top notch waste management technology. FRANKFURT, Feb 4- Beijing Enterprise is buying German waste management company Energy from Waste for 1.4 billion euros as China sets about tackling its pollution and waste recycling problems. China set a target to spend about $16 billion between 2013 and 2016 to improve sewage disposal and garbage treatment...
*China needs top notch waste management technology. FRANKFURT, Feb 4- Beijing Enterprise has struck a deal to buy German waste management company Energy from Waste for 1.4 billion euros as China sets about tackling its huge problems with pollution and recycling more of its waste. China set a target to spend about $16 billion between 2013 and 2016 to improve...
*Aimed at helping to boost security of China food supply. BASEL, Switzerland, Feb 3- China made its boldest overseas takeover move yet when state-owned ChemChina agreed a $43 billion bid for Swiss seeds and pesticides group Syngenta on Wednesday. China is looking for ways to secure security of food supply for its population and the Syngenta deal will give it...
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.
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.
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.
Japan's machinery orders rose in February at the fastest pace since mid-2011 in a sign that capital expenditure could pick up this year as business confidence is boosted.
Japan's core machinery orders rose for a second straight month in November in a sign that companies may gradually increase capital spending, but uncertainty over the global economy could continue to pressure the Bank of Japan to ease policy.