Tag : manufacturing sector

Business

Japan core machinery orders rebound 8.7% in April

omandailynews.com
TOKYO, JAPAN / MENA Newswire / – Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong rebound in a key measure of private-sector equipment demand. The seasonally adjusted value of core orders reached 1,098.5 billion yen. The figures exclude orders for......
Business

Japan factory output drops 2.1 percent in February

omandailynews.com
TOKYO: Japan’s industrial output fell 2.1% in February from the previous month, official preliminary data showed on Tuesday, as weaker production in autos, fabricated metals and electronic parts reversed some of January’s strength. The decline matched economists’ median forecast and marked the first monthly drop in three months. On a seasonally adjusted......