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Stock impact report

Japan quarterly capex rises 6.5% as government seeks to spur investment [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
of Finance data showed on Tuesday, indicating resilient investment ?demand continued to support a barely growing economy. The encouraging data, which will be used ?in calculating revised gross domestic product figures scheduled for March 10, comes as the government seeks to bolster investment through targeted ?public outlay in sectors it deems vital for economic security. "The data shows that overall capital expenditures have been firm," Meiji Yasuda Research Institute economist Kazutaka Maeda said, adding that the GDP figures are likely to be revised up. Preliminary data last month showed the economy grew an annualised 0.2% in the final quarter of ?last year, undershooting forecasts as inflation ?squeezed consumption while a tariff agreement with the U.S. did little to drive exports. Capital expenditure, a gauge of domestic demand-led economic growth, totalled 15.4 trillion yen ($97.9 billion) ?in October-December, hitting a record high for the quarter. It rose for a fourth Show less Read more
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