Dealers for Deere & Co., the biggest farm-machinery maker, are opening new African sites to sell equipment such as the 5503 tractor, its most popular in the region. The $24,000 price is less than a 10th of some of its machines selling in the U.S.
Japanese Prime Minister Shinzo Abe took power in December as confidence among manufacturers hit a three-year low. Now, as the yen weakens and stocks surge, sentiment is set to rebound by the most since 2011.
Caterpillar Inc., the second-best performer in the Dow Jones Industrial Average earlier this year, has become one of the index’s biggest losers as slowing global economic growth prompts analysts to cut profit estimates.