Financial Insights That Matter Finance chiefs from the Group of 20 advanced and emerging economies on Thursday remained at odds in addressing growing concerns over protectionism as the United States’ imposition of a series of import tariffs sparks retaliation. With top officials from several major economies absent, the G20 finance ministers and central bank governors […]
Financial Insights That Matter First Vice Finance Minister Kim Beom-suk [YONHAP] First Vice Finance Minister Kim Beom-suk has emphasized Korea’s economic resilience despite its ongoing political uncertainty during his participation in the Group of 20 (G20) ministerial meeting this year, the Ministry of Economy and Finance said Friday. Kim also reaffirmed Seoul’s efforts to establish […]
Financial Insights That Matter By Yuka Obayashi and Kaori Kaneko ANEGASAKI, Japan (Reuters) – Japan’s No.2 oil refiner, Idemitsu Kosan plans to build a large-scale plant for lithium sulphide, a key material for all-solid-state batteries, at its Chiba refinery, near Tokyo, the company said on Thursday. Automakers and battery suppliers worldwide are racing to develop […]
Financial Insights That Matter Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has called on Japanese business leaders to increase investment in Nepal, highlighting the significant opportunities in sectors such as hydropower, tourism, and manufacturing. Minister Paudel made the appeal during a courtesy meeting with representatives from various Japanese companies who are in Nepal […]
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of babies born in Japan last year fell to the lowest level since records began 125 years ago as the country’s demographic crisis deepens and government efforts to reverse […]
Financial Insights That Matter Executive summary Since the bursting of China’s real-estate bubble in mid-2021, there has been a growing concern that the Chinese economy could end up like that of Japan in the early 1990s. Some structural patterns are strikingly similar: low private consumption over a long period, especially when compared to the rest […]
Financial Insights That Matter (Bloomberg) — It seemed like an extraordinary display of patriotism and unity: Japan’s biggest companies would come together to save their own, whether ailing carmaker Nissan Motor Co. or besieged convenience store giant Seven & i Holdings Co. Most Read from Bloomberg Roughly six months later, ambitious plans to merge Nissan […]
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Finance ministers from many of the world’s largest economies are poised to skip G20 meetings in South Africa this week, underscoring the declining relevance of the body at a time when […]
Financial Insights That Matter Japan’s vice finance minister for international affairs, Atsushi Mimura, sees the yen’s recent rise as aligned with economic fundamentals, dismissing any disparity. He highlighted strong GDP growth and 4% inflation in January, reinforcing expectations of further interest rate hikes. The background to this is: JPY has strengthened to 149 per dollar, […]
Financial Insights That Matter TOKYO — BlackRock, the world’s largest asset manager, is ramping up its pension business in Japan with six outsourcing investment deals with NEC and other companies to handle a total of 2.5 trillion yen ($16.7 billion) in assets. BlackRock, along with Goldman Sachs and pensions consulting firm Mercer — the world’s […]