• Japanese corporate spending on plant and equipment in October-December jumped by 16.4% from the same period a year earlier, Ministry of Finance data showed on Monday, likely easing some concerns about weak domestic demand.
  • The data will be used to calculate revised gross domestic product figures due on March 11 and follows a preliminary estimate that Japan’s economy contracted by 0.4% on an annualised basis in the fourth quarter.

https://www.reuters.com/markets/asia/japan-q4-corporate-capex-up-164-yryr-mof-2024-03-04/