• Kyodo

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Core private-sector machinery orders rose a seasonally adjusted 7.5 percent in February from the previous month as higher stocks and the yen’s slide made more companies eager to beef up investment, the government said Thursday.

The orders, which exclude those for ships as well as those from utilities because of their volatility, climbed for the first time in two months to ¥703.8 billion, rising slightly faster than market expectations.

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