Tag: Japan
-
Japan stocks higher around 2%, leading gains in Asia ahead of Fed’s key rate decision
2 Hours Ago Healthcare and consumer cyclicals lead Hang Seng higher The Hang Seng index led gains in the Asia-Pacific region on Wednesday, powered by health-care and consumer cyclical stocks. Shares of Geely saw the biggest moves, up 7.16% after the automaker posted a 45.6% year on year gain in revenue for the whole of ... -
Major Real Estate Investment Structures in Japan
Introduction A weak Yen and other factors continue to attract overseas investors to the Japanese real estate market. While this investment can take many forms, two of the most common financing structures are GK-TK and TMK (as defined below). J-REITs are often used for large-scale portfolios, but because of this structure’s longer timeline and complex ... -
Hong Kong stocks fall 2% as Asia continues Wall Street’s sell-off; Bank of Japan holds rates
55 Mins Ago Bank of Japan leaves policy unchanged in line with expectations Bank of Japan left its monetary policy unchanged, widely in line with expectations. The central bank kept its negative interest rate at -0.1% and reiterated its target to keep the yield on the 10-year Japanese Government Bond around 0%. “Japan’s economy, despite ... -
Australian prime minister seeks to diversify trade, investment on visit to India
Australia’s Prime Minister Anthony Albanese during the AFR Business Summit in Sydney on March 7, 2023. Brent Lewin | Bloomberg | Getty Images Australian Prime Minister Anthony Albanese said on Tuesday his government wants to diversify trade and foreign investment partners, as he prepares to lead a business delegation to India which he said shares ... -
Asia-Pacific markets, China trade, Australia CPI, RBA
20 Hours Ago Reserve Bank of Australia expected to hike 25 basis points Tuesday The Reserve Bank of Australia is expected to hike its overnight cash rate by 25 basis points to 3.6%, according to economists surveyed by Reuters. That would mark the highest rate since June 2012, when Australia’s cash rate stood at 3.75%. ... -
PMI numbers, China, Japan, Australia, manufacturing PMI
19 Mins Ago Japan factory activity slowed at the fastest pace in 2.5 years Japan’s factory activity slowed at the fastest pace in two and a half years in February, private surveys by au Jibun Bank showed. The manufacturing purchasing managers’ index fell to 47.7, down from 48.9 in January. This also marked the fourth ... -
interest rates, Hong Kong GDP, Japan, Australia
17 Mins Ago Bank of Japan member stands by monetary policy easing for now Bank of Japan board member Naoki Tamura said that it is appropriate for the central bank to maintain its current ultra-dovish monetary policy stance, according to a speech. “At this point, I think it is appropriate to continue with monetary easing,” ... -
Asia markets mixed as investors digest private surveys on factory activity
An Hour Ago South Korea’s trade deficit narrows in first 20 days of February South Korea’s trade deficit narrowed to $6 billion in the first 20 days of February, customs data showed on Tuesday. The nation’s seasonally adjusted exports to China fell 22.7%, slightly improving from a decline of 24.4% seen in January. Chips exports ... -
Asian shares mostly fall after US trading closed for holiday
TOKYO (AP) — Asian shares were mostly lower Tuesday in quiet trading after U.S. markets were closed for Presidents Day. Shares dropped in Tokyo, Sydney and Hong Kong but rose in Seoul and Shanghai. Analysts say worries about a slowdown and weakening demand persist in Asia, as companies cope with rising energy and raw material ... -
Asian shares jump boosted by a strong reading on US retail
TOKYO (AP) — Asian shares edged higher Thursday, cheered by a stronger than expected reading on U.S. retail sales that set off a rally on Wall Street. In the latest data on the regional economy, Japan’s trade deficit reached a record 3.497 trillion yen ($26.2 billion) in January. Imports for the world’s third largest economy ...