Japan Daily: Machine Tool Orders Fall to Lowest in 4.5 Years

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Nothing an appropriate fiscal package couldn’t immediately turn around.

Fortunately for us, they never have been big on supporting domestic demand.

>   On Fri, Nov 14, 2008 at 6:40 AM, Davin wrote:

  • Machine Tool Orders Down 40% In Oct, Falling Under Y100bn
  • 5 of 8 Homebuilders Cut FY08 Sales Projections
  • Steel Customers Unlikely To Accept Price Hikes
  • Used-Car Registrations Down 5.3% In Oct, 20-Year Low For Month
  • Govt To Keep Civil Servant Salaries, Bonuses Unchanged For FY08
  • New Power Station Puts Damper On Wholesale Electricity Market
  • OECD: Japan Will Enter A Period Of Deflation
  • Nissan To Cut Japan Output By 72,000 Vehicles From Dec
  • Forex: Dollar Sinks To Upper Y96 Range Ahead Of Financial Summit
  • Stocks: Snap 3-Day Losing Streak On Wall St Rise, But Upside Capped

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