JAPAN’S CAPITAL SPENDING IN THE APRIL-JUNE QUARTER FALLS BY 11.3 PERCENT

Highlights –

• Japan’s capital spending in the April-June quarter falls by 11.3 percent.
• This is the largest drop in a decade.
• Investment by nonfinancial sectors totaled $91 billion.
• In the nonmanufacturing sector, investment plummeted 12.1 percent to $6 billion.

The Japanese Finance Ministry published a report in the country’s capital spendi....