*Core machinery orders due at 2350 GMT on Tuesday. TOKYO, Oct 7- Japan's core machinery orders were expected to fall for the first time in three months in August, a Reuters poll found, suggesting a strong yen and weak domestic and external demand may have kept companies cautious towards investment. "Core machinery orders likely rose in July-September but, if...
READING, England, Sept 29- Heavy machinery whirrs and clanks on the factory floor of precision metalworking firm Robert Bion& Co, where a planned three-metre robotic arm would have been speeding up output by now, if Britain had not voted to leave the European Union. "We're waiting to get a clear idea of what the future might be before we make any significant...
Once Asia's top buyer of diesel, Indonesia's imports of the fuel slowed to a fraction of what it used to be with a plunge in coal prices over the past four years curbing mining activities. "Coal prices are getting higher so the miners are trying to speed up production," boosting demand for the fuel needed to power mining machinery, said a trader, who supplies diesel to...
*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...
WASHINGTON, Aug 31- The U.S. Justice Department said on Wednesday it has filed a lawsuit to stop Deere& Co from buying Monsanto's Precision Planting farm equipment business. "High-speed precision planting technology holds out the promise of improved yields for American farmers by enabling them to plant crops more accurately at higher speeds," said Renata Hesse,...
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.
Brett King, Moven Founder & CEO and "Augmented: Life in the Smart Lane" author, discusses the future of artificial intelligence and automation in the workforce.
The markets may look like they’re running amok heading into the lunar new year but not for long, predicts brokerage CLSA.
Machinery stock analyst Ann Duignan of J.P. Morgan talks about how China and currencies impact Caterpillar's results.
Doug Oberhelman, Caterpillar chairman & CEO, talks about the long-term outlook in China and provides his thoughts on commodity prices.
Doug Oberhelman, Caterpillar chairman & CEO, discusses the company's quarterly results and "soft markets" in oil and commodities around the world.
CNBC discusses the Bank of Jinzhou float with Ken Wong, Asia equity portfolio specialist at Eastspring Investments and Ken Peng, Asia investment strategist at Citi Private Bank.
Deere posted a sharp drop in earnings on Wednesday and forecast a further slump in agriculture and construction equipment sales in its new year.
Data from Japan's manufacturing sector, hit by China's slowdown, underscores the need for further reforms, says Alex Treves, head of Japan equities at Fidelity Worldwide Investment.
The spotlight in Asia is on Japan, where investors anticipate new economic data and the Bank of Japan's policy decision.
Patrick Bennett, FX strategist at CIBC, explains why Japanese markets will have a fairly muted reaction to Monday's machinery orders data and discusses the recent movements in dollar-yen.
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.
Peter Boardman, managing director at Tradewinds, says the jump in December's core machinery orders before the implementation of a corporate tax cut, signals a positive outlook for corporate Japan.
Eli Lustgarten, Senior Research Analyst at Longbow Research, says the company's yield is a major advantage but there remains no short-term catalyst to take the stock higher.