Japan's machinery orders fall 2. Asics Gel Kinsei

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Japan's machinery orders fall 2.3% in Feb.,[link widoczny dla zalogowanych]
Japan's core machinery orders fell a seasonally adjusted 2.3 percent in February from the previous month, marking the first decline in three months,[link widoczny dla zalogowanych], Japanese Cabinet Office said in a report on Monday.
According to the government data, orders in the recording period totaled 748.8 billion yen (8.8 billion U.S. dollars),[link widoczny dla zalogowanych], compared to 766.1 billion yen logged in January.The government maintained its assessment in February of machinery orders,[link widoczny dla zalogowanych], saying they are in a recovery trend,[link widoczny dla zalogowanych], but as with last month highlighted the fact that weak movements are being seen in the non-manufacturing sector.
On an annualized basis the cabinet office said that core machinery orders, which exclude volatile orders from utilities and shipbuilders, increased 7.6 percent in February from a year earlier, with manufactures surveyed predicting core orders will rise 2.7 percent in the January-March period,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], from the previous quarter.
Machinery orders are a key advance indicator for corporate capital spending and the government uses the data to predict the strength of business spending in a six to nine month period head.Such business investment accounts for roughly 15 percent of Japan's gross domestic product.Analysts however expect a sharp fall in orders in the coming months due to last month's devastating earthquake and tsunami disrupting supply chains and severely hampering production.
IMF says ready for technical assessment for Portugal
Following a request by the Portuguese authorities,[link widoczny dla zalogowanych], the International Monetary Fund (IMF) experts will join the European Commission and European Central Bank teams for a technical assessment of the current situation of the Portuguese economy on April 12,[link widoczny dla zalogowanych], Caroline Atkinson,[link widoczny dla zalogowanych], Director of External Relations at the IMF,[link widoczny dla zalogowanych], said Sunday in a statement.
"This will serve as basis for the policy discussions that will start the following Monday,[link widoczny dla zalogowanych], April 18,[link widoczny dla zalogowanych]," according to the statement.The IMF announced Friday that it has received a request from Portugal and is poised to help the nation meet the economic challenges it is facing.

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