Capital spending in Japan jumps 8.5% in the fourth quarter

Market news

1 March 2016

Capital spending in Japan jumps 8.5% in the fourth quarter

Japan's Ministry of Finance released its capital spending data on late Monday evening. Capital spending in Japan jumped 8.5% in the fourth quarter, after a 11.2% gain in the third quarter.

Capital spending excluding software soared 8.9% in the fourth quarter, after a 11.2% rise in the third quarter.

Company profits in Japan declined 1.7% in the fourth quarter, while company sales were down 2.7%.

Oil advanced

European stocks closed: FTSE 6152.88 55.79 0.92%, DAX 9717.16 221.76 2.34%, CAC 40 4406.84 53.29 1.22%

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