Japan's machinery orders fall 2.3% in Feb.,
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Japan's core machinery orders fell a seasonally adjusted 2.3 percent in February from the previous month,
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According to the government data,
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On an annualized basis the cabinet office said that core machinery orders,
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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,
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"This will serve as basis for the policy discussions that will start the following Monday,
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Japan's machinery orders fall 2.3 cheap sport shoe
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