Japan's machinery makers underperform on trade war fears
15/03/2018 01:56
** Japan's construction equipment makers, machinery makers
which have big exposure to China underperform after President
Donald Trump sought to impose fresh tariffs on China, stoking
fears of a trade war urn:newsml:reuters.com:*:nL1N1QW15T
** Komatsu Ltd 6301.T tumbles 2.6 pct to 3,547 yen,
Hitachi Construction Machinery 6305.T drops 3.6 pct to 4,230
yen, Kubota 6326.T falls 2.2 pct to 1,820 yen, Iseki & Co
6310.T sheds 2.6 pct to 2,149 yen
** NTN Corp 6472.T drops 5.4 pct to 442 yen, DMG Mori
6141.T drops 3.5 pct to 1,942 yen and Okuma Corp 6103.T off
5.4 pct to 6,310 yen
** Analysts say there are heightened worries about global
trade wars, which could cut demand for Japanese machinery makers
(Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)