Pandemic sends Japan April machine tool orders to lowest levels since 2010
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TOKYO (Reuters) - Japan's machine tool orders in April fell to their lowest level in more than a decade, preliminary data showed on Thursday, in a sign the coronavirus pandemic is taking an deeper toll on the economy.The data is the latest in a string of grim figures that are reinforcing views that the world's third-largest economy is sliding into a deep recession.Machine tool orders in April slumped 48.3% compared with a year earlier, a preliminary estimate from the Japan Machine Tool Builders'..