Spending dips

Capital spending by Japanese companies fell 5.2 per cent in the first quarter, underscoring the challenge the government faces in sustaining momentum in rebuilding the economy.

Capital spending by Japanese companies fell 5.2 per cent in the first quarter, underscoring the challenge the government faces in sustaining momentum in rebuilding the economy. Prime Minister Shinzo Abe's stimulus has yet to encourage companies to boost business investment.

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