Video

Sangeetha Thimaiah, an economist at IDEAglobal, talks with Bloomberg's Bernard Lo from Singapore about a report today showing Japanese machinery orders fell more than three times as much as estimated in December, and the outlook for the country's economy and Bank of Japan monetary policy. Orders, an indicator of business spending in the next three to six months, slid 3.2 percent from November, when they declined 2.8 percent, the Cabinet Office said in Tokyo. The median forecast of 43 economists surveyed by Bloomberg News was for a 0.9 percent drop.