Japan has become a hot tourist destination this year. Overseas visitors to the country reached a historic high in March as they flocked to the country attracted by a cheap currency. The Japanese yen fell to its weakest level against the dollar in 34 years last month. Yet local airline stocks are not enjoying the boom.
Japan economy expected to shrink in Q1 due to weak consumption
Japan’s economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to an uncertain outlook, a Reuters poll showed, which will probably set back Bank of Japan efforts to raise interest rates.
Global stocks are no longer a monolith. Why India and Japan ETFs are drawing investors into single-country funds in 2024.
In this edition, we look at single-country ETFs, which have staged a strong comeback in 2024 as investors are becoming more selective in their regional allocations amid a strong U.S. dollar and interest-rate uncertainty.
Japan economy expected to shrink in Q1 due to weak consumption: Reuters poll
Japan’s economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to an uncertain outlook, a Reuters poll showed, which will probably set back Bank of Japan efforts to raise interest rates.
Japan’s defense chief calls for more counter-drone tech
The move comes in the wake of drone footage posted on a Chinese social media site showing a Japanese aircraft carrier docked at a restricted port.
Biden’s ‘Xenophobic’ Slur Wrongs India and Japan
India has welcomed immigrants, including persecuted ones, for thousands of years.
Japan defense chief urges higher security after drone video of warship posted on China social media
Japan’s defense chief has called for the bolstering of its anti-drone capability after a drone footage posted on a Chinese social media site showed a Japanese aircraft carrier docked at a restricted navy port west of Tokyo.
South Korea Backs Naver in Business Rift with Japan Over Line App
In response to Japanese regulatory pressure, South Korea has affirmed its commitment to defend its businesses, particularly Naver, as tensions over Lines operational independence intensify. Growing …
South Korea stresses need for fair treatment for Line chat app operator Naver
South Korea vowed Friday to protect its companies operating in other markets after Japanese regulators told LY Corp., which runs the popular chat app Line, to reduce its dependence on Naver, the …
Japan’s Stock Market Is Booming. It Isn’t All About the Weak Yen.
Is a weak currency good for Japan’s stock market? It is complicated. A lower yen is traditionally seen as positive for Japanese stocks as it should make its exports more competitive. And this is …