Japan's machine tool orders decreased for the second straight month in September amid weaker foreign and domestic demand, preliminary data from the Japan Machine Tool Builders Association, or JMTBA, showed on Wednesday.Machine tool orders declined 6.5 percent year-on-year in September, faster than the 3.5 percent fall in the previous month.Foreign demand was 6.2 percent lower in September compared...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.