Japan's core machinery orders rise 1.4 pct in September

Xinhua
16 Nov 2023, 18:25 GMT+10

TOKYO, Nov. 16 (Xinhua) -- Japan's core machinery orders rose 1.4 percent in September from the previous month, up for the first time in three months, government data showed on Thursday.

Private-sector orders, excluding those for ships and power equipment, closely watched as a leading indicator of corporate capital spending, came to 852.9 billion yen (5.63 billion U.S. dollars), according to data released by the cabinet office.

Of the core private-sector orders, those from manufacturers fell 1.8 percent to 408.2 billion yen, while orders from non-manufacturers climbed 5.7 percent to 444.8 billion yen, the data showed.

While orders for electronic computers and other machines rose from telecommunications companies and firms in the finance and insurance sector, machinery orders decreased from wholesalers and retailers, the office said.

The cabinet office maintained its basic assessment that machinery orders appear to be at a standstill for the 11th consecutive month. (1 U.S. dollar equals to 151.28 yen)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.

More Information

null in null

Computers

Section

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

TikTok building U.S.-only app amid pressure to finalise sale

CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...

Maharashtra: 71 libraries with free books, Wi-Fi set up by Gadchiroli police in Naxal-affected villages

By Saurabh Joshi Gadchiroli (Maharashtra) [India], July 12 (ANI): The Gadchiroli Police have set up 71 libraries across the district...

Play Superball Keno for Real Money at Red Dog Casino

Superball Keno is a fun and exciting game that many players enjoy. You can play it for real money at Red Dog Casino. This review explains...

MP CM Mohan Yadav distributes free bicycles to students, to give scooty next month

Bhopal (Madhya Pradesh) [India], July 11 (ANI): Madhya Pradesh Chief Minister Mohan Yadav distributed free bicycles to class 6th and...

China's development offers hope for Global South: Lebanese expert

BEIRUT, July 10 (Xinhua) -- China's continued development has not only brought profound benefits to its own people but also offered...

Internet

Section