(AFX UK Focus) 2010-05-17 01:10 Japan March core machinery orders +5.4 pct mth/mth

(AFX UK Focus) 2010-05-17 01:10 Japan March core machinery orders +5.4 pct mth/mth
TOKYO, May 17 (Reuters) – Japan’s core machinery orders rose 5.4 percent in March from the previous month, government data showed, up for the first time in three months in a sign capital spending may be picking up on the back of an export-led economic recovery. The rise roughly matches economists’ median forecast of a 5.5 percent increase and followed a revised 3.8 percent fall in February …

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