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Stocks in Asia surge, dollar eases on Powell's "disinflationary" comment: Asian shares soared on Thursday while the dollar eased after Federal Reserve Chair ...
reuters.com/markets/global-markets-wrapup-1-2023-02-02/
Dollar drops to 128 yen on speculation US rate hike cycle ending - The Mainichi: TOKYO (Kyodo) -- The U.S. dollar dropped to the lower 128 yen range in Tokyo ...
mainichi.jp/english/articles/20230202/p2g/00m/0bu/016000c
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Stocks in Asia surge, dollar eases on Powell's "disinflationary" comment: Asian shares soared on Thursday while the dollar eased after Federal Reserve Chair ...
reuters.com/markets/global-markets-wrapup-1-2023-02-02/
Dollar drops to 128 yen on speculation US rate hike cycle ending - The Mainichi: TOKYO (Kyodo) -- The U.S. dollar dropped to the lower 128 yen range in Tokyo ...
mainichi.jp/english/articles/20230202/p2g/00m/0bu/016000c
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
Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
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Powell Signals High Rates for Longer Due to Persistent Inflation: Federal Reserve Chair Jerome Powell said recent inflation data have indicated it will likely ...
bloomberg.com/news/articles/2024-04-16/powell-signals-high-rates-for-longer-due-to-persistent-inflation
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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.
BOJ keeps rates steady, projects inflation staying near 2% in coming years: The Bank of Japan kept interest rates unchanged on Friday and issued fresh estimates ...
reuters.com/markets/asia/boj-keeps-rates-steady-projects-inflation-staying-near-2-coming-years-2024-04-26/
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/
Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025: Major advanced economy central banks are likely to take back less than half of the ...
bloomberg.com/news/articles/2024-04-26/only-half-of-global-rate-hikes-set-to-be-taken-back-by-end-2025
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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
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
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
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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
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Yen drops to 156 level vs. dollar as BOJ keeps current easing policy - The Mainichi
mainichi.jp/english/articles/20240426/p2g/00m/0bu/046000c
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.
Can Japan's manga industry replicate Akira Toriyama's success?: TOKYO -- While the Japanese manga industry is increasingly catering to global and digital native ...
asia.nikkei.com/Business/Media-Entertainment/Can-Japan-s-manga-industry-replicate-Akira-Toriyama-s-success2
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
Senators Wanted Transparency in the Fed, FOIA Shows How Officials Responded: Senators Elizabeth Warren and Thom Tillis want the 12 Federal Reserve banks to ...
bloomberg.com/news/newsletters/2024-04-26/senators-wanted-transparency-in-the-fed-foia-shows-how-officials-responded
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/
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 ...
reut.rs/44dP7QZ
Fed’s Powell Rethinks Interest-Rate Cuts For 2024 To Combat Inflation: A string of disappointing inflation data has forced the Federal Reserve to reset the clock ...
bloomberg.com/news/articles/2024-04-19/fed-s-powell-rethinks-interest-rate-cuts-for-2024-to-combat-inflation
The Fed’s Favorite Inflation Index Remained Stubborn in March: Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than ...
nytimes.com/2024/04/26/business/inflation-fed-rates.html
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
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
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/
Trump’s potential plan for Fed raises alarms: Former President Trump’s potential plan to exert more influence over the Federal Reserve is alarming experts and ...
thehill.com/business/4624880-trump-second-term-fed-powell-potential-plan/
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
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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/
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.
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
Why Is US Inflation Still High? Blame Powell Pivot, Housing Shortage: This was supposed to be the year that US inflation rode the last mile down to 2% ...
bloomberg.com/news/articles/2024-04-17/inflation-s-stubborn-start-to-2024-blamed-partly-on-powell-pivot
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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/
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/
Kura Sushi to Launch First Branch in Ginza; Opening Thursday on 7th Floor of Marronnier Gate Ginza 2
japannews.yomiuri.co.jp/business/companies/20240424-182089/
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
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/
Higher for Longer Hits Bonds With 5% Yields Back in Play: Welcome to the Weekly Fix, the newsletter that’s confident rate cuts are coming sometime, somewhere ...
bloomberg.com/news/newsletters/2024-04-19/higher-for-longer-hits-bonds-with-5-yields-back-in-play
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/
Asian shares extend gains ahead of tech earnings, yen fragile: Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to ...
reuters.com/markets/global-markets-wrapup-1-2024-04-23/
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.
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.
ECB’s Vasle Sees Limit to How Far Lagarde’s ECB Can Diverge From Powell and Fed: The European Central Bank can’t fully disregard inflation dynamics and monetary ...
bloomberg.com/news/articles/2024-04-18/ecb-s-vasle-sees-limit-to-how-far-lagarde-s-ecb-can-diverge-from-powell-and-fed
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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
Powell’s US Rates Warning Means Headaches for Rest of the World: Federal Reserve Chair Jerome Powell is making life tougher for his peers around the world as the ...
bloomberg.com/news/articles/2024-04-17/powell-s-us-rates-warning-means-headaches-for-rest-of-the-world
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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/
Tokyo inflation slows for 2nd straight month, falls under BOJ goal: TOKYO (Reuters) -- Core inflation in Japan's capital slowed for a second month in April ...
asia.nikkei.com/Economy/Tokyo-inflation-slows-for-2nd-straight-month-falls-under-BOJ-goal
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
Stand Pat: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-16/stand-pat-the-bloomberg-close-americas-edition
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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
Japan’s Rhythmic Gymnastics Team Adorned in Ukiyo-e; New Costumes Feature Hokusai’s Famous Wave
japannews.yomiuri.co.jp/sports/other-sports/20240425-182485/
Fed’s Rate-Cut Delay, Explained: What It Means for US and World: The US Federal Reserve and its vast global audience thought 2024 would be a rate-cut bonanza ...
bloomberg.com/news/articles/2024-04-19/fed-s-rate-cut-delay-explained-what-it-means-for-us-and-world
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/
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/
Texas appeals court sides with Sidney Powell, rejecting attorney discipline over her Trump election lawsuits
cnn.com/2024/04/22/politics/sidney-powell-trump-election-lawsuits/
Markets Wary of Intervention as Yen Struggles at 155 Level
japannews.yomiuri.co.jp/news-services/reuters/20240425-182270/
Japanese Beer Makers Tap Interactive Experiences to Pique Interest of Young Generation
japannews.yomiuri.co.jp/business/companies/20240426-182585/
In Pictures: Japan's special residence visas give foreign children 'new lives': TOKYO -- Jasmine, a high-school student born in Japan to African parents ...
asia.nikkei.com/Spotlight/Japan-immigration/In-Pictures-Japan-s-special-residence-visas-give-foreign-children-new-lives
Japan’s Nikkei Ends 1% Higher after Sharp Fall; Chip-Related Shares Weigh (Update 1)
japannews.yomiuri.co.jp/news-services/reuters/20240422-181774/
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
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Taiwan airport bus takes passengers for Tokyo, Osaka to same plane | Taiwan News | Apr. 24, 2024 20:34
taiwannews.com.tw/en/news/5672805
Japan's corporate service inflation perks up in March: Japan's annual business-to-business service inflation accelerated for the second month to hit 2 ...
reuters.com/markets/asia/japans-corporate-service-inflation-perks-up-march-2024-04-24/
'As Long As Needed': The Bloomberg Open, Europe Edition: Good morning. Jerome Powell says the Fed can wait as long as needed before cutting rates ...
bloomberg.com/news/newsletters/2024-04-17/-as-long-as-needed-the-bloomberg-open-europe-edition
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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/
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/
Stock Market Today: Dow, S&P Live Updates for April 16: The world’s biggest bond market remained under pressure and stocks wavered after Jerome Powell signaled ...
bloomberg.com/news/articles/2024-04-15/stock-market-today-dow-s-p-live-updates
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Powell’s Warning: The Bloomberg Open, Asia Edition: Good morning. The Fed chief takes a hawkish turn. IMF gets a little more optimistic, but sees many threats ...
bloomberg.com/news/newsletters/2024-04-16/powell-s-warning-the-bloomberg-open-asia-edition
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Shibazakura Oasis Blooms in Central Tokyo; Full Bloom of Creeping Phlox Makes Picturesque Plot of Pink in Minato Ward
japannews.yomiuri.co.jp/features/travel-spots/20240419-181340/
Gold (XAUUSD) Holds Near Record as Traders Overlook Delayed Cuts Scenario: Gold held near a record-high, even as as investors weighed a shift in messaging from ...
bloomberg.com/news/articles/2024-04-17/gold-xauusd-holds-near-record-as-traders-overlook-delayed-cuts-scenario
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US 30-Year Mortgage Rates Surge Past 7%: Mortgage rates in the US climbed past 7% for the first time this year.
bloomberg.com/news/articles/2024-04-18/us-mortgage-rates-surge-to-highest-since-november-hitting-7-1
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Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Pet Treat Market, Sales Continue to Grow; Treats That Double as Toothpaste Particularly Popular
japannews.yomiuri.co.jp/society/general-news/20240422-181754/
World Economy Latest: Fed’s Delay to Cut Recalibrates All Interest Rates: Federal Reserve Chair Jerome Powell signaled US central bankers will wait longer to cut ...
bloomberg.com/news/articles/2024-04-20/world-economy-latest-fed-s-delay-to-cut-recalibrates-all-interest-rates
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New memo aims to give Trump a say in Fed interest rate decisions: WSJ: The Wall Street Journal reported that Trump's advisors are making a plan that would give ...
businessinsider.com/trump-interest-rate-decisions-restructure-federal-reserve-jerome-powell-wsj-2024-4
BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
As Florida Democrats profess optimism, polling shows voters favor Donald Trump and Rick Scott
sun-sentinel.com/2024/04/19/as-florida-democrats-profess-optimism-polling-shows-voters-favor-donald-trump-and-rick-scott-2/
Yen drops to 155 range, new 34-yr low against U.S. dollar - The Mainichi: NEW YORK (Kyodo) -- The yen weakened to the 155 range against the U.S ...
mainichi.jp/english/articles/20240424/p2g/00m/0bu/069000c
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/
Dollar hits 34-year high against yen after US inflation data: Move past ¥153 sparks speculation that Japan could intervene to support currency
ft.com/content/661bc2cb-6d6f-42b3-9909-d2bd696deb8a
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
WADA stands by decision to clear 23 Chinese swimmers for Tokyo Olympics : The world’s top anti-doping regulator says after reviewing a documentary and other ...
apnews.com/article/china-doping-tests-wada-olympics-tokyo-061043894e68ba1be5f8a28f6a74bf6c
Bonds Rebound: The Bloomberg Open, Asia Edition: Good morning. US bonds rise as traders move on from Powell. Russia builds new trade routes ...
bloomberg.com/news/newsletters/2024-04-17/bonds-rebound-the-bloomberg-open-asia-edition
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Mitsui Fudosan to lead $5.8bn redevelopment of Tokyo's Tsukiji market: TOKYO -- A Mitsui Fudosan-led consortium of companies has been chosen to redevelop the ...
asia.nikkei.com/Business/Markets/Property/Mitsui-Fudosan-to-lead-5.8bn-redevelopment-of-Tokyo-s-Tsukiji-market
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Japanese Gacha machine dispenses Intel Core i7-8700 for just $3.25: The machine was highlighted by X/Twitter user LaurieWired (via Tom's Hardware) ...
techspot.com/news/102720-japan-gacha-vending-machine-dispenses-intel-core-i7.html
Quick Glance: CPU Gacha Machine in Japan: Core i7-8700 for $3
- A CPU Gacha machine in Japan dispenses Intel processors. One user got an Intel Core i7-8700 for $3.
- The machine contains various Intel CPUs, possibly including older or defective models.
- Located in front or inside a computer store called 1's PC, the machine could be a way to get rid of old or defective CPUs.
- Despite issues with one core, the affordable Core i7-8700 was able to run Windows and pass benchmarks.
Japan’s decision to convert two warships into aircraft carriers instils fears in Beijing
wionews.com/world/japans-decision-to-convert-two-warships-into-aircraft-carriers-instils-fears-in-beijing-711244
Dollar Power: Fed's Higher-for-Longer Is Turning the Currency Screws: Powell makes clear that the Fed won’t cut soon. The dollar is turning the screws ...
bloomberg.com/opinion/articles/2024-04-17/dollar-power-fed-s-higher-for-longer-is-turning-the-currency-screws
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Chinese swimmers failed doping tests ahead of Tokyo Olympics: The 23 swimmers, some of whom went on to win gold, were allowed to compete based on China's ...
channelnewsasia.com/sport/china-swimming-doping-olympics-wada-4280416
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