Capital spending in Japan up 4.5% in April-June

Capital spending by Japanese companies in April-June increased 4.5 percent from a year earlier, the Finance Ministry said Friday.

Investment by all nonfinancial sectors for purposes such as building factories and adding equipment totaled 11.09 trillion yen ($76 billion).

Pretax profits rose 11.6 percent to 31.61 trillion yen in the quarter.