ETFs in Spotlight as Japan's May Exports Jump 17%, Beating Estimates
Japan's May exports jump double-digit, led by AI-driven chip demand and auto shipments, putting Japan-focused ETFs in focus.
Japan's May crude import price hits record high in yen terms amid Mideast war
Japan's crude oil import price hit a record high in yen terms in May, surpassing April levels, Ministry of Finance data showed on Wednesday, driven by a surge in crude prices resulting from supply disruptions caused by the closure of the Strait of Hormuz.
Japan Imports Rise as Energy Supply Diversification Progresses
While the Middle East conflict reduced the volume of oil flowing through the Strait of Hormuz, the resulting surge in energy costs and pivot toward alternative procurement channels likely drove up Japan's import bill.
Japan exports in May grow at fastest pace in more than three years, beating estimates
Japan exports in May grow at fastest pace in more than three years, beating estimates
Ride-Hailing App Go Surges in Trading Debut After Japan's Biggest IPO of Year
Its shares surged, underscoring strong investor appetite for new listings amid a sustained rally in domestic equities.
Bank of Japan Lifts Rates to 31-Year High
Japan's central bank lifted its policy rate to 1%, anchoring its policy path against the inflationary risks of a war-induced spike in energy costs.
Japan's largest banks to jointly issue stablecoins by March 2027
Japan's three largest banks said on Wednesday they will jointly issue stablecoins during the current fiscal year ending in March 2027, a sign of growing momentum for digital payments in a country where cash and credit cards remain popular.
Japan Prime Minister Says Will Defend Yen by Strengthening Economy
Despite recent foreign-exchange intervention, the Japanese currency has weakened again to near the 160 threshold against the dollar, a level seen as a potential trigger for more government action.
Nikkei 225 leads Asian markets lower as Middle East tensions hit sentiment
Asian equities fell on Tuesday as doubts over a Middle East ceasefire weighed on risk appetite, offsetting optimism around artificial intelligence funding and potential listings. MSCI's Asia-Pacific index excluding Japan slipped 0.6% after a volatile open.
Japan stocks have had a record run: Goldman Sachs sees them pushing higher
Japan stock have already had a record run, and one of the largest Wall Street banks believes their rally is far from over yet. Goldman Sachs strategists have raised their 12-month target for the benchmark Topix index to 4,400, indicating potential upside of more than 10% from current levels.
Japan banks battle to secure deposits as savers chase market highs
Japanese banks are, in a historic shift, competing to shore up their deposit base as lending opportunities grow and consumers, seeking to beat inflation, shift their savings into a booming stock market.
Foreign buying of Japanese stocks climbs amid AI demand optimism
Foreign investors continued buying Japanese equities for an eighth consecutive week through May 23, supported by easing oil prices and growing optimism around artificial intelligence-related shares. According to data released by Japan's Ministry of Finance on Thursday, foreign investors purchased a net 1.08 trillion yen ($6.77 billion) worth of Japanese stocks during the week ended May 23.
