Shares edge higher; yen's drop to 1990 low lifts Nikkei:

www3.nhk.or.jp/nhkworld/en/news/backstories/3293/

23h

Weakening yen affects Japanese economy: The yen continues to weaken against the dollar, falling to the 156-yen level on Friday, the lowest in nearly 34 years ...

78

Apr 24

BOJ to discuss impact of yen's rapid slide at this week's policy meeting: TOKYO -- Policymakers at the Bank of Japan are expected to focus on the effects of a ...

asia.nikkei.com/Economy/Bank-of-Japan/BOJ-to-discuss-impact-of-yen-s-rapid-slide-at-this-week-s-policy-meeting

1

Apr 26

Asia stocks, yen tentative with eyes on BOJ decision: Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most ...

reuters.com/markets/global-markets-wrapup-1-2024-04-26/

0

Bloomberg

bloomberg.com/news/articles/2024-04-25/morgan-stanley-warns-of-possible-tokyo-cpi-yen-shock-before-boj

Apr 25

Morgan Stanley Warns of Possible Tokyo CPI Yen Shock Before BOJ: Morgan Stanley MUFG Securities economists flagged a risk of Tokyo inflation data causing a ...

0

Apr 26

Tokyo Inflation Slows Sharply on Education Subsidy Impact Before BOJ Meeting: Price growth in Tokyo decelerated sharply to a pace below 2% in April ...

bloomberg.com/news/articles/2024-04-25/tokyo-inflation-slows-sharply-on-education-subsidy-impact

0

12h

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

coindesk.com/markets/2024/04/26/bitcoin-chops-around-64k-with-japanese-yens-tumble-maybe-signaling-currency-turmoil-analyst-says/

0

22h

Rapidly Weakening Yen Threatens Higher Power Bills in Japan: The yen’s relentless decline risks pushing power prices higher for Japan’s households and businesses ...

bloomberg.com/news/articles/2024-04-26/rapidly-weakening-yen-threatens-higher-power-bills-in-japan

27

Apr 16

US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...

ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700

Quick Glance: IMF upgrades global growth forecast despite risks

The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.

IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.

While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.

Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.

438

Apr 25

US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts

ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb

Paid articlePaid

Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets

Investors cast doubt on a Fed rate cut before September.

Expectations are now fully priced in for a rate cut on November 6-7.

The shift in market expectations stemmed from inflation and growth data.

There is now an estimated 75 percent likelihood of a Fed rate cut by September.

39

9m

South Korea to consult Naver, after report firm faces Japan pressure to divest stake

reuters.com/world/asia-pacific/south-korea-consult-naver-after-report-firm-faces-japan-pressure-divest-stake-2024-04-27/

Quick Glance: South Korea to Consult Naver Amid Japan Pressure Concerns

South Korea announced plans to consult with Naver following reports of the company facing pressure from Japan to divest stakes.

The South Korean government emphasizes the need to prevent discriminatory measures against their companies and intends to engage with Japan on the issue.

The report on Japanese pressure raised concerns in South Korea regarding potential political interference.

LY Corp received administrative guidance on security governance after a data leak last year affecting over 300,000 personal records.

12

Apr 25

Yen inches closer to intervention point as BOJ meeting starts: For the first time in over 30 years, the yen weakened beyond ¥155 per dollar ...

japantimes.co.jp/business/2024/04/25/markets/yen-falls-past-155/

425

21h

Nomura profits surge as Japan’s stock market breaks bubble-era record: Investment bank and brokerage boosted by soaring stock and fixed-income trading

ft.com/content/1b2ec092-ed94-4624-9c8f-3a80e76b894a

75

13h

Sterling steadies against dollar, jumps to 16-year high vs yen

39

22h

Japan Tightens Export Controls on More Chip and Quantum Tech: Japan said it plans to expand restrictions on exports of four technologies related to ...

bloomberg.com/news/articles/2024-04-26/japan-tightens-export-controls-on-more-chip-and-quantum-tech

3

21h

Yen drops to 156 level vs. dollar as BOJ keeps current easing policy - The Mainichi

mainichi.jp/english/articles/20240426/p2g/00m/0bu/046000c

21

Apr 24

Japan's yen hits 155 to the dollar, weakest since 1990: (Reuters) -- The yen fell on Wednesday to its weakest levels against the dollar since 1990 ...

asia.nikkei.com/Business/Markets/Currencies/Japan-s-yen-hits-155-to-the-dollar-weakest-since-1990

Quick Glance: Market Volatility in Asia: Impact of Meta's Losses

The depreciation of Asian currencies against the U.S. dollar and potential actions by monetary authorities are at the forefront of Asian markets.

Post-market gains from U.S. tech giant Meta could impact Asian markets as shares dropped by 10% after trading hours.

Concerns surrounding currencies are escalating as the dollar breached 155.00 yen on Wednesday without any indication of intervention from Japanese authorities. Will Tokyo take action?

Given the current environment that led to a rare joint statement on exchange rates from the United States, Japan, and South Korea this month, no possibilities can be ruled out.

45

Apr 22

Chinese professor at Tokyo university missing after trip home: BEIJING -- A professor at Tokyo's Asia University has gone missing after temporarily ...

asia.nikkei.com/Spotlight/Society/Chinese-professor-at-Tokyo-university-missing-after-trip-home

77

21h

Japan comes face to face with its own space junk: A Tokyo company's satellite encounters a big lump of space debris high above the Earth.

bbc.com/news/science-environment-68903801

274

Apr 24

Asian shares jump on tech boost; fragile yen on intervention watch: Asian stocks rose sharply on Wednesday led by tech stocks as investors' focus shifts to ...

reuters.com/markets/global-markets-wrapup-1-2024-04-24/

Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations

World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.

Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.

As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.

While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.

23

Apr 25

The yen has a yield problem the BOJ can't easily fix

48

Apr 26

Japan frets over relentless yen slide as BOJ keeps ultra-low rates: Japan is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki ...

reuters.com/markets/currencies/japan-is-concerned-about-weak-yens-negative-effects-finmin-says-2024-04-26/

24

3h

North Korea accuses US of politicizing human rights issues: North Korea accused the United States on Saturday of politicizing human rights in the East Asian ...

reuters.com/world/north-korea-accuses-us-politicizing-human-rights-issues-2024-04-27/

Quick Glance: North Korea accuses US of politicizing rights concerns

North Korea accuses the United States of politically instrumentalizing human rights in the East Asian country, condemning it as political provocation and conspiracy.

Pyongyang criticized Washington for using human rights as a means for invasions and hostile behavior towards North Korea, threatening decisive actions to safeguard its sovereignty and safety.

An annual report by the US State Department this week highlighted 'significant human rights issues' in North Korea, including arbitrary killings, enforced disappearances, torture, and other cruel treatments by government authorities.

Additionally, North Korea criticized the US for urging them to cease missile launches and emphasized the continuation of their space reconnaissance mission to enhance the country's security.

26

Apr 26

The glitch in Japan's plans to bolster U.S. defence: As the United States faces security threats across the globe, its close ally Japan has committed to stepping ...

21

Apr 24

Easy Japanese news in translation: 15,000 people take part in Tokyo Rainbow Pride event - The Mainichi

mainichi.jp/english/articles/20240424/p2a/00m/0na/008000c

27

Apr 24

Morning Bid: Yen on the brink, but Tesla pulls back: A look at the day ahead in European and global markets from Tom Westbrook

reuters.com/markets/europe/global-markets-view-europe-2024-04-24/

2 similar articles

28

9 4

PBS

A-

9h

About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds

pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds

151

Apr 25

Yen hits fresh 34-year lows against dollar ahead of BOJ meeting: The yen hit fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday ...

reuters.com/markets/currencies/markets-wary-intervention-yen-struggles-155-level-2024-04-25/

22

Apr 26

Nomura Q4 net profit jumps almost eight fold on retail income surge: Nomura Holdings , Japan's biggest brokerage and investment bank, reported on Friday a 670% ...

reuters.com/business/finance/nomura-q4-net-profit-jumps-almost-eight-fold-retail-income-surge-2024-04-26/

14

18h

Overrun Japanese town putting up eight-foot barrier to block tourist photos of Mount Fuji

cnn.com/travel/japan-mount-fuji-view-barrier-tourists-intl-hnk/

Quick Glance: Japanese Town Blocks View of Mt. Fuji Due to Overtourism

Fujikawaguchiko, a Japanese resort town, is overwhelmed by tourists seeking views of Mount Fuji.

Reports of tourists disregarding rules, leaving litter, and climbing roofs for better photos have led to the decision to install a barrier.

A 8-foot high, 22-yard long mesh net will obstruct the mountain view to address the situation caused by disrespectful visitors.

Japan is addressing overtourism issues by implementing measures to control unruly tourists and manage record-breaking visitor numbers.

184

Apr 25

Fragile yen could make BOJ's Ueda tilt more towards hawkish stance: The yen's slide to fresh 34-year lows is likely to force Bank of Japan Governor Kazuo Ueda to ...

20

Apr 26

The glitch in Japan's plans to bolster U.S. defence: As the United States faces security threats across the globe, its close ally Japan has committed to stepping ...

reuters.com/world/glitch-japans-plans-bolster-us-defence-2024-04-26/

13

Apr 25

The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?

theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/

121

Apr 16

Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...

ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1

Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago

The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals

Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy

Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product

Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula

381

Apr 24

Japan's Sumitomo plans $1.3 billion renewable power storage network, Nikkei reports

reuters.com/sustainability/japans-sumitomo-plans-13-billion-renewable-power-storage-network-nikkei-reports-2024-04-23/

40

Apr 24

Japan supermarket sales grow 3.7% in FY 2023, biggest rise in 32 yrs - The Mainichi

mainichi.jp/english/articles/20240424/p2g/00m/0bu/012000c

19

Apr 17

UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.

bbc.com/news/business-68833077

Quick Glance: Powell Warns of Lack of Progress on Inflation

Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.

Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.

Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.

Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.

936

Apr 25

Fragile yen could make BOJ's Ueda tilt more towards hawkish stance

17

Apr 22

The story isn't over for Japan's bookstores: Shops without staff, shelves for rent, cafes and meetups are some of the ways the country's dwindling bookstores are ...

japantimes.co.jp/culture/2024/04/22/books/bookshops-economy-japan-jimbocho/

493

Apr 24

Japan set for clean power surge in 2024: Japan's utilities are on track to boost clean electricity output to the highest levels in several years in 2024 ...

reuters.com/business/energy/japan-set-clean-power-surge-2024-maguire-2024-04-24/

32

16h

Japan's ANA enjoys record earnings on robust tourism growth - The Mainichi: TOKYO (Kyodo) -- ANA Holdings Inc. said Friday its net profit rose 75 ...

mainichi.jp/english/articles/20240426/p2g/00m/0bu/055000c

6

Apr 23

Japan may intervene to support yen any time, says senior ruling party official: Japanese authorities could intervene in the currency market any time as recent ...

reuters.com/markets/currencies/japan-may-intervene-support-yen-any-time-says-senior-ruling-party-official-2024-04-23/

30

Apr 19

Japan hotel prices near 30-year high as weak yen lures record tourists: The average daily room rate for March was about ¥20,986 ($136), the highest level since ...

japantimes.co.jp/business/2024/04/19/companies/japan-hotel-prices-rise-near-30-year-high/

865

Apr 17

US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy

ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0

Quick Glance: IMF Warns of Fiscal Deficits in US and China

The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.

Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.

In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.

The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.

112

Apr 21

2 Japanese navy helicopters carrying 8 crew 'crashed' in Pacific: Official: Two Japanese navy helicopters carrying eight crewmembers were believed to have ...

business-standard.com/world-news/2-japanese-navy-helicopters-carrying-8-crew-crashed-in-pacific-official-124042100024_1.html

Quick Glance: 8 crew missing after 2 Japanese navy helicopters crash

Two Japanese navy helicopters with eight crew members are believed to have crashed in the Pacific south of Tokyo, according to the Defence Minister.

The cause of the crash is unknown, but the focus is on the rescue operation.

The Navy deployed ships and aircraft to search and rescue the missing crew members.

The training on Saturday was solely for the Japanese navy and not part of a multinational exercise.

3

Apr 25

Ramen is more than just a bowl of noodles, it is an experience and tourist attraction in Japan

apnews.com/article/japan-ramen-food-noodles-f7b36ca1fb7abc08c069bf8462e29dd6

77

Apr 19

JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...

ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b

Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels

JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.

Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.

JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.

Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.

77

Apr 23

Tsukiji 2030s: A stadium, culinary center and transportation hub: Massive redevelopment plans for the former site of Japan's world-famous fish market aim to turn ...

japantimes.co.jp/business/2024/04/22/companies/tsukiji-market-redevelopment/

298

Apr 22

West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.

newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/

30

Apr 23

Firm dollar drags yen down closer to intervention range

reut.rs/449SuIG

29

7

japannews.yomiuri.co.jp/sports/other-sports/20240425-182485/

Apr 25

Japan’s Rhythmic Gymnastics Team Adorned in Ukiyo-e; New Costumes Feature Hokusai’s Famous Wave

16

Apr 25

US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.

bbc.com/news/business-68898432

129

Apr 20

2 Japan SDF choppers apparently crash in Pacific, 7 missing: TOKYO (Kyodo) -- Two Japanese Maritime Self-Defense Force helicopters are believed to have crashed ...

asia.nikkei.com/Politics/Defense/2-Japan-SDF-choppers-apparently-crash-in-Pacific-7-missing

46

Apr 25

New Zealand trampoline couple fall head over heels before Paris: For New Zealand's trampoline gymnastics team, the Paris Olympics will be a labour of love.

reuters.com/sports/new-zealand-trampoline-couple-fall-head-over-heels-before-paris-2024-04-25/

2 similar articles

12

2

japannews.yomiuri.co.jp/business/companies/20240426-182585/

Apr 26

Japanese Beer Makers Tap Interactive Experiences to Pique Interest of Young Generation

13

Apr 17

Snake found on bullet train at Tokyo Station, service delayed - The Mainichi: TOKYO (Kyodo) -- A snake about 40 centimeters long was found on a shinkansen bullet ...

mainichi.jp/english/articles/20240416/p2g/00m/0na/065000c

49

5h

Japan bullet trains to offer luxe private rooms: NAGOYA, Japan -- Some of Japan's newest shinkansen bullet trains will be equipped with private rooms ...

asia.nikkei.com/Business/Transportation/Japan-bullet-trains-to-offer-luxe-private-rooms

9

Apr 19

Japan's March core inflation slows, weak yen complicates BOJ move: Japan's core inflation slowed in March and an index gauging broader price trends fell below 3% ...

reuters.com/markets/asia/japans-march-inflation-slows-26-eyes-boj-move-2024-04-18/

27

Apr 24

Taiwan airport bus takes passengers for Tokyo, Osaka to same plane | Taiwan News | Apr. 24, 2024 20:34

taiwannews.com.tw/en/news/5672805

97

31

japannews.yomiuri.co.jp/news-services/reuters/20240422-181774/

Apr 22

Japan’s Nikkei Ends 1% Higher after Sharp Fall; Chip-Related Shares Weigh (Update 1)

sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php

22

0

San Francisco Chronicle

B+

Apr 21

SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years

158

306

The Star (Malaysia)

D+

Apr 25

Ringgit soft as US$ remains elevated: KUALA LUMPUR: The ringgit extended its downward trend as the US dollar remained elevated while market players await the ...

thestar.com.my/business/business-news/2024/04/25/ringgit-soft-as-us-remains-elevated

16

Apr 22

North Korea fires missile off east coast, South Korea, Japan say: North Korea fired a ballistic missile on Monday towards the sea off its east coast ...

reuters.com/world/asia-pacific/north-korea-fires-missile-off-east-coast-south-korea-japan-say-2024-04-22/

1 similar article

17

7 1

T-Online Apr 18

Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...

t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html

Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth

German private individuals hold a net wealth of 7716 billion euros.

Stocks and investment funds saw significant gains in the last quarter.

Cash and bank deposits remain the largest component of wealth.

Household net wealth increases by 244 billion euros to 5560 billion euros.

243

Apr 16

Japan’s China Reckoning: Why Tokyo Must Strengthen Its Ties to Democratic Allies: Why Tokyo must strengthen its ties to democratic allies.

foreignaffairs.com/china/japans-china-reckoning

27

Apr 24

Trump 2.0: How US allies are preparing for a second term: Germany is waging a charm offensive inside the Republican Party. Japan is lining up its own Trump ...

reuters.com/world/us/trump-20-how-us-allies-are-working-iron-out-bugs-2024-04-24/

9 similar articles

6

9 23

japannews.yomiuri.co.jp/society/general-news/20240422-181754/

Apr 22

Pet Treat Market, Sales Continue to Grow; Treats That Double as Toothpaste Particularly Popular

26

0