An editorial montage of the Japan flag and Japanese yen cash bank notes. Javier Ghersi | Moment | Getty Images The Bank of Japan will adopt a more cautious approach to hiking interest rates to avoid rapid appreciation in the yen after the recent global market turmoil, Fitch Solutions’ BMI said in a recent note. … Read more
Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Tuesday, April 25, 2023. Photographer: Kentaro Takahashi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Japan’s second-quarter gross domestic product beat analysts’ expectations on Thursday, both on a quarter-on-quarter as well as an annualized basis. GDP rose 0.8% quarter on quarter compared … Read more
Japanese Prime Minister Fumio Kishida, in a surprise move Wednesday, announced he will not run in the upcoming party leadership vote in September, paving the way for Japan to have a new prime minister. Kishida was elected president of his governing Liberal Democratic Party and became prime minister in 2021. His three-year term expires in … Read more
Japan’s Prime Minister Fumio Kishida speaks to reporters following North Korea’s missile launch on April 13, 2023. JIJI Press | AFP | Getty Images Japanese Prime Minister Fumio Kishida is stepping down in September, a move that sparked a broad range of reactions from government officials and analysts. By choosing to not run for reelection … Read more
Japanese Prime Minister Fumio Kishida attends a State Department luncheon held in his honor in Washington, U.S., April 11, 2024. Craig Hudson | Reuters 107282694Japan’s Prime Minister Fumio Kishida announced Wednesday he will not be running in the Liberal Democratic Party presidential election due next month. Kishida said in a press conference that it is … Read more
A man walks in front of an electronic quotation boards displaying the share price on the Tokyo Stock Exchange (L) and the foreign exchange rate for the Japanese yen against the US dollar (R) in Tokyo on August 6, 2024. Kazuhiro Nogi | Afp | Getty Images It’s too early to give the all-clear to … Read more
Commerce and Industry Minister Piyush Goyal on Tuesday said the commencement of Maruti Suzuki India’s export of its sports utility vehicle Fronx to Japan has further strengthened the ‘Brand India’ image on the global stage. The first consignment of over 1,600 vehicles left for Japan from Gujarat’s Pipavav port, the country’s largest carmaker said in … Read more
Corrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market. “It forces investors to focus on the real Japan strategy … not just a quick carry trade, borrowing at close to zero interest rates in Japan … Read more
In the 1980s, Japan was the dominant player in the semiconductor market. But huge shifts in the way the chip supply chain operated eroded that leading-edge. Countries like Taiwan with TSMC, the world’s largest and most advanced semiconductor manufacturer, began to dominate in the production of chips. The U.S. is key in areas like design. … Read more
Japanese Prime Minister Fumio Kishida canceled a planned trip to Central Asia on Friday to lead the government’s response after scientists urged people to prepare for a possible “megaquake” off the country’s southern coast. The Japan Meteorological Agency issued its first ever “megaquake advisory” on Thursday warning of a possible future major earthquake triggered by … Read more
