Japan's core machinery orders gain in March

Japan's core machinery orders climbed notably, gaining for the fifth month out of six in March, when they surged 14.2% standing at 793.1 billion yen, a report released by the Cabinet Office unveiled on Friday. The report also showed that on an annual basis core machinery orders jumped 2.4% in March beating expectations of a 4.9% decline after falling 11.3% in February.