• Kyodo

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Core private sector machinery orders fell slightly in December, signaling a more cautious stance by companies toward spending amid risks to the global economy, government data showed Monday.

The orders, which exclude those for ships and from electric utilities because of their volatility, dropped 0.1 percent from the previous month to ¥862.6 billion. It was the second consecutive decline following a 0.02 percent drop in November.

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