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Japan Machine Orders at Highest in 2 Years Add to Rebound Signs
Japan’s machinery orders climbed to the highest in two years in November, adding to signs that the economy was rebounding in the final quarter of last year before the omicron variant emerged. Core machine orders, a leading indicator of capital investment, rose 3.4% from the previous month to 900.3 billion yen ($7.9 billion), the highest level since November 2019, a month after a sales tax increase, according to figures from the Cabinet Office. The monthly gain was almost three times the 1.2% gain forecast by analysts. Orders increased 11.6% from year-earlier levels. The gain suggests capital investment was picking ... (full story)
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From channelnewsasia.com|Jan 16, 2022China's central bank on Monday (Jan 17) cut the borrowing costs of its medium-term loans for the first time since April 2020, defying market expectations, to cushion any economic ...
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From cnbc.com|Jan 16, 2022|1 commentChina’s economy grew by 8.1% in 2021, and industrial production rose steadily through the end of the year and offset a drop off in retail sales, according to official data from ...
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From bnnbloomberg.ca|Jan 16, 2022Governor Haruhiko Kuroda starts his last full year at the helm of Bank of Japan amid hints of public discontent over rising prices that could shape the direction of the central ...
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From express.co.uk|Jan 16, 2022The average price of a property coming to market has jumped by 0.3 percent this month, or £852 in monetary terms, according to the UK’s largest property portal, Rightmove. The ...
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From stats.gov.cn|Jan 16, 2022In 2021, faced with multiple tests of grave and complex international environment and sporadic outbreaks of the pandemic at home, under the strong leadership of the Central ...
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From meti.go.jp|Jan 16, 2022tables charts
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- Posted: Jan 16, 2022 10:02pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 457
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