Surprise gain in Japan core machinery orders points to capex pickup

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core machinery orders unexpectedly rose for a second straight month in July, easing some pessimism over capital expenditure, but worries remain that weak demand and the yen’s gains may still discourage companies from boosting investment. Prime Minister Shinzo Abe’s government has been counting on capital expenditure to drive […]