Japan’s Exports, Machinery Orders Fall As Virus Risks Grow
Japan’s machinery orders tumbled at their fastest pace since 2018 while exports posted a 14th straight month of decline as the world’s third-largest economy grappled with the widening impact of the coronavirus outbreak and a recent sales tax hike. Government data out on Wednesday showed exports fell 2.6% year-on-year in January, smaller than a 6.9%…