Japan’s key capex gauge falls again, clouding outlook for sustainable recovery By Reuters

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By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core machinery orders unexpectedly fell for a second straight month in May, government data showed on Thursday, highlighting the fragility of the economy. The volatile yet leading indicator of capital spending fell 3.2% month-on-month in May, following a 2.9% drop in April and confounding a 0.8% increase seen by analysts in a Reuters poll. The…

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