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Posted on June 5, 2024

China sees property silver lining but can’t shake Japan comparisons

A plunge in China’s new housing construction is fuelling hopes the battered property sector is finally coming to terms with chronic oversupply, but a clean-up of bad assets is the missing policy piece …

( read original story …)



Posted on June 4, 2024

In Japan, energy security fears put nuclear back in favour for 2040 plan

Japan is set to push for more nuclear power in an energy policy update due next year, seeking stable electricity supply in face of growing demand and heightening geopolitical risks, but is likely to …
Posted on June 4, 2024

Japan’s Suzuki Says Currency Intervention Had Some Effect

(Bloomberg) — Japan’s finance minister defended the government’s record intervention in the currency market in his first acknowledgment of the action. Most Read from Bloomberg Key Engines of US …
Posted on June 4, 2024

Japan’s Suzuki Says Currency Intervention Had Some Effect

(Bloomberg) — Japan’s finance minister defended the government’s record intervention in the currency market in his first acknowledgment of the action. Most Read from Bloomberg Key Engines of US …
Posted on June 4, 2024

Japan’s record market foray curbed speculative moves: finance chief

TOKYO (Kyodo) — Japan’s record currency market intervention between April and May was aimed at curbing excessive yen movements driven by speculators and proved effective “to a certain extent,” …
Posted on June 4, 2024

Japan’s record market foray curbed speculative moves: finance chief

TOKYO (Kyodo) — Japan’s record currency market intervention between April and May was aimed at curbing excessive yen movements driven by speculators and proved effective “to a certain extent,” …
Posted on June 4, 2024

Japan finance minister: Forex intervention had a certain impact

TOKYO: Japan’s foreign exchange market intervention in late April and early May had a certain impact, Finance Minister Shunichi Suzuki said on Tuesday. Japanese authorities spent ¥9.79 trillion (US$62 …
Posted on June 4, 2024

ETFs to Watch on Japan’s First Yen Intervention Since 2022

Japan’s Ministry of Finance revealed that the country has conducted its first currency intervention since October 2022, aimed at stabilizing the yen following its decline to a 34-year low in April.
Posted on June 4, 2024

Analysis-China sees property silver lining but can’t shake Japan comparisons

A plunge in China’s new housing construction is fuelling hopes the battered property sector is finally coming to terms with chronic oversupply, but a clean-up of bad assets is the missing policy piece …
Posted on June 4, 2024

Japan’s tax revenue from international travelers likely triples in FY 2023

Since 2019, Japan has been collecting 1,000 yen per traveler leaving the country. For fiscal 2023, the country has so far raked in 36.2 billion yen, with an additional 3 billion yen expected when the …

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