Financial Insights That Matter Japan logged a 584.51 billion yen ($3.9 billion) trade surplus in February, returning to the black for the first time in two months, driven by strong auto and semiconductor-related demand, government data showed Wednesday. The surplus was the largest since March 2021 as exports surged 11.4 percent from a year earlier […]
Financial Insights That Matter (Bloomberg) â Shares of Japanâs biggest trading houses advanced after Berkshire Hathaway Inc. increased its stake. Most Read from Bloomberg Shares of Mitsubishi Corp., Marubeni Corp., Mitsui & Co., Itochu Corp. and Sumitomo Corp. climbed at least 4% as of 9:09 a.m. in Tokyo after filings to Japanâs finance ministry showed […]
Financial Insights That Matter By Makiko Yamazaki TOKYO (Reuters) -Japan’s exports rose for a fifth straight month in February, data showed on Wednesday, possibly helped by some stockpiling amid growing concerns over U.S. President Donald Trump’s aggressive tariff policies. Total exports rose 11.4% year-on-year in February, data showed, less than a median market forecast for […]
Financial Insights That Matter (Bloomberg) — JX Advanced Metals Corp. surged 6% in its debut on the Tokyo Stock Exchange on Wednesday after its initial public offering raised „439 billion ($2.9 billion), the nationâs biggest float since SoftBank Corp.âs giant deal more than six years ago. Most Read from Bloomberg Stocks of the metals refiner, […]
Financial Insights That Matter Home Insurance Aflacâs Brad Dyslin On Japanâs Investment Shifts, Tariffs, And Insurance M&As Dyslin, Global CIO and President of Global Investments, discusses managing yen exposure, the role of private investments in the insurance giantâs $100 billion portfolio, and big insurance M&As. Global Finance: You oversee Aflacâs investment portfolio of about $100 […]
Financial Insights That Matter TOKYO — Japan’s Mitsubishi UFJ Financial Group plans to withdraw soon from an international banking framework that supports decarbonation efforts, joining fellow Japanese and Wall Street banks exiting the initiative amid backlash in the U.S. The Net Zero Banking Alliance, convened by the United Nations, promotes investment and lending in projects […]
Financial Insights That Matter News overnight ICYMI confirmed Warren Buffett has bought even more in Japan. Buffett’s big buying spree of Japan’s trading houses began in August 2020 when Berkshire Hathaway revealed that it had acquired just over 5% stakes in five major Japanese trading firms: Mitsubishi Corp. Mitsui & Co. Itochu Corp. Sumitomo Corp. […]
Financial Insights That Matter Long-term interest rates have surged recently in Japan on speculation that the Bank of Japan will further tighten monetary policy, raising the prospect of higher borrowing costs for households and companies. The yield on the benchmark 10-year Japanese government bond hit a 16-year high of 1.575 percent on March 10, but […]
Financial Insights That Matter (Bloomberg) — Japanâs wages need to rise by at least 3% over the next two years to achieve the Bank of Japanâs sustainable inflation target, according to economists at Goldman Sachs. Most Read from Bloomberg Nominal wages must increase by around 3%-3.1% in 2025 and 3.3%-3.4% in the following year to […]
Financial Insights That Matter (Bloomberg) — Concerns about slumping support for Prime Minister Shigeru Ishibaâs administration added to pressure on Japanese government bonds on Monday, helping send the 40-year yield briefly to an all-time high of 3%. Most Read from Bloomberg With speculation that policymakers may loosen fiscal discipline to increase spending before elections, the […]