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Read More »Japan’s company profits fall, capital expenditure remains weak
Bloomberg Japan’s capital expenditure data for the second quarter was slightly weaker than expected while company profits slumped as businesses held tight on spending amid a strong yen and sluggish demand at home and abroad. Capital expenditure rose 3.1 percent from a year earlier ( forecast 5.5 percent). Spending excluding software increased 3.1 percent over the same period ( …
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