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Japan's solid machinery orders show firms ready to spend, support BOJ optimism

Japan's economy is in good shape although inflation remains subdued because of sluggish wage growth and weak spending.


JAPANESE orders for machinery surged to their highest level in a decade in November, in a sign businesses may finally be responding to policymakers' efforts to get them to spend to spur economic growth.

The key measure of capital expenditure was issued just as Japan's top

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