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Month: December 2020

Posted on 17/12/2020

In rare move, Japan sells gold to fill budget hole

Japan has sold 80 tons of gold used for minting coins to another arm of the government to fund part of its huge stimulus package to combat the coronavirus crisis, government officials told Reuters. ( read original story ...)

Posted on 17/12/2020

Japan coronavirus: Suga appears to flout virus guidelines as country grapples with record cases

Japan's Prime Minister Yoshihide Suga has expressed "remorse" for attending a group dinner with celebrity friends in apparent breach of his own government's coronavirus guidelines, as infection rates ... ( read original story ...)

Posted on 17/12/2020

Japan Man Probed Over Insults Tied To Netflix Star’s Suicide

Japanese police said Thursday they have referred a man to prosecutors over online abuse he directed at Hana Kimura, a reality television star who took her own life earlier this year. Tokyo ... ( read original story ...)

Posted on 17/12/2020

Most Chinese investors, the largest buyer group globally, won’t buy overseas property in next 12 months because of Covid-19: CLSA survey

I think we will see a boom in Chinese overseas property investing in 2021 and 2022. Credit is cheap, there is a oversupply of stock, prices have fallen in many cases, and the outlook for price growth ... ( read original story ...)

Posted on 17/12/2020

Japan seen raising economic growth forecasts for next fiscal year – Nikkei

Japan's government is preparing to raise its estimate for next fiscal year's real gross domestic product due to a boost from its latest stimulus package, the Nikkei newspaper reported on Thursday. ( read original story ...)

Posted on 17/12/2020

Japan to forecast 4% GDP for fiscal year 2021 – Nikkei

The Japanese government is planning to forecast a gross domestic product (GDP) growth of 4% for the fiscal year 2021 (April 2020 to March 2021), according to nikkei.com. That would mark an upward ... ( read original story ...)

Posted on 17/12/2020

Japan stocks flat in tug of war between rising virus cases, stimulus

Japanese shares were little changed in choppy trade on Thursday as concerns about rising domestic coronavirus cases offset optimism over further U.S. economic stimulus and a pledge of support from the ... ( read original story ...)

Posted on 17/12/2020

UPDATE 1-Japan to increase new bond issuance to pay for $1 trln budget next year -Nikkei

New bond issuance to exceed this year's amount - Nikkei (Recasts with breakdown of budget, details on current budget and background on Japan's fiscal state) ... ( read original story ...)

Posted on 17/12/2020

Japanese regional bank spearheads drive for greener finance

While Japan's mega banks are among the biggest lenders to the global coal industry, regional Shiga Bank has long supported its local community's efforts to preserve the region's natural habitat. With ... ( read original story ...)

Posted on 17/12/2020

Japan PM Suga’s carbon-neutral pledge to boost domestic green bond market, says government panel member

Japan's burgeoning green bond market will keep growing next year as Prime Minister Yoshihide Suga's pledge to make the country carbon-neutral by 2050 boosts investor and issuer appetite, said Mana ... ( read original story ...)

Posted on 17/12/2020

China is buying land around Japanese military bases

Japan is becoming concerned about China buying land near its defence installations as it seeks to join the Five Eyes intelligence-sharing alliance.The Japanese government is planning to improve the ... ( read original story ...)

Posted on 17/12/2020

Japan Stocks Set for Mixed Start as U.S. Fed Commits to Continuing to Support the Economy; Australia Jobs Data Ahead

Australia's jobs data for November is expected to be at around 8:30 a.m. HK/SIN. The U.S. Federal Reserve said it will buy at least $120 billion of bonds each month "until substantial further progress ... ( read original story ...)

Posted on 17/12/2020

Japan to increase new bond issuance to pay for $1 trln budget next year -Nikkei

Japan will increase issuance of new government bonds next fiscal year to fund a record budget exceeding $1 trillion, as the cost of combating the coronavirus crisis adds to the burden of paying for an ... ( read original story ...)

Posted on 17/12/2020

UPDATE 1-Japan Post Insurance to buy back $2.9 bln shares from parent -media

Japan Post Insurance Co plans to buy back about 300 billion yen ($2.9 billion) of its own shares from parent Japan Post Holdings Co to secure more freedom to expand its business, Bloomberg reported, ... ( read original story ...)

Posted on 17/12/2020

Artist’s animal sculptures made from scrap go on exhibition in central Japan

Tomita Natsumi Scrap World, an exhibition featuring sculptures including humorous-looking animals and imposing dinosaurs made of scrap mater・・・ ... ( read original story ...)

Posted on 17/12/2020

Coronavirus Ended Japan’s Tourist Boom, but Kyoto Carries On

While still off-limits to most international tourists, Kyoto in many ways feels remarkably unchanged, writes Pico Iyer of his adopted home. ( read original story ...)

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