Around the World's Markets: Tokyo

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The Independent Online
LEADING JAPANESE shares clawed out of negative territory on the back of strong machinery orders data yesterday.

The key Nikkei average of 225 leading shares ended up 11.64 points, or 0.07 per cent, at 17,202.09, after breaking a four-session losing streak on Monday.

"Recovery in capital spending in the private sector has been trailing behind other indicators, such as public works spending and private consumption. But it seems like it has finally bottomed out," said one economist.