Japan's capital spending in April-June rises 1.6% on year

TOKYO (Kyodo) -- Capital spending by Japanese companies in the April-June quarter rose 1.6 percent from a year earlier, government data showed Tuesday

TOKYO, Sept 1 : Japanese corporate spending on plant and equipment rose 1.6 per cent in April-June versus the same period a year earlier, Ministry of Finance data showed on Tuesday, signalling domestic demand was underpinning the economy.The result, which will be used to calculate revised gross domestic product figures