Japan's core machinery orders rose in July after a dip the previous month, a sign corporate spending is perking up despite the wider hit to the economy from the pandemic. However, the weaker-than-expected rebound may add to concerns about the strength of Japan's recovery, which has largely relied on manufacturers and other export-oriented businesses as curbs dampen domestic consumption. Core machinery orders, a highly volatile data series regarded as a leading indicator of capital spending in the next six to nine months, rose 0.9per cent in July from the previous month, weaker than the 3.1per cent gain seen by ... (full story)