Strategies to Address Yen Depreciation: From Repatriation Tax Break to New Investment Quotas
[Tokyo, 10fed]- In view of a weak yen that has continued for more than two years, the number of inquiries asking if there are any countermeasures is constantly increasing. Putting aside discretionary macroeconomic policies such as foreign exchange intervention and interest rate increases, measures to prevent yen depreciation tend to attract attention to promoting inward […]
Pressure Mounts on Norwegian Government Pension Fund to Divest from Israeli Companies Fighting in Gaza
Pressure is mounting on the Norwegian Government Pension Fund, the world’s largest sovereign wealth fund (SWF), to reconsider its investments in Israeli companies that continue to fight in the Palestinian autonomous region of Gaza. Picture taken in June 2022 at the Norwegian Central Bank building in Oslo (2024 Reuters/Victoria Klesty) OSLO (Reuters) – Norway’s Government […]
Importance of Yen Interventions for Japan’s Import Companies: Insights from Toru Sasaki in Tokyo
It is known that many of Japan’s exporting companies are large companies, while many of its importing companies are small and medium-sized enterprises. Column by Toru Sasaki. Picture taken in March 2023 (2024 Reuters/Dado Ruvic) [Tokyo, 22]- It is known that many of Japan’s exporting companies are large companies, while many of its importing companies […]
Rising Middle East Tensions Could Impact Inflation Outlook, Says Bank of England’s Green Policy Committee
The Bank of England’s Green Policy Committee said on the 17th that recent tensions in the Middle East could pose risks to the inflation outlook, including by raising inflation expectations. Photograph taken in July 2023 (2024 Reuters/Hollie Adams) [ワシントン １７日 ロイター] – A member of the Bank of England’s Green Policy Committee said on the […]
Goldman Sachs Reports Strong First Quarter Performance, Surpasses Expectations
US financial giant Goldman Sachs announced on the 15th that its first quarter results exceeded expectations. Photograph taken in July 2021 (2024 Reuters/Brendan McDermid) [ニューヨーク １５日 ロイター] – US financial giant Goldman Sachs (GS.N) New Tab, opens a new tab announced on the 15th that profits exceeded expectations for the first quarter. Earnings per share […]
Russian Oil Import Delays: How US Sanctions Impact China Payments
Reuters has learned that it can take up to six months to pay for Russian oil imports through China. Document photo (2024 Reuters/Dado Ruvic) [モスクワ ４日 ロイター] – Reuters has learned that it can take up to six months to pay for Russian oil imports through China. The background is financial sanctions imposed by the […]
Bridge Collapse in Baltimore Expected to Lead to Billions in Insured Losses
Bruce Carnegie-Brown, chairman of Lloyd’s Insurance Association, predicted that the collapse of the bridge in Baltimore, Maryland, would lead to insured losses in the billions of dollars. The photo was taken on the 27th. (2024Reuters/Julia Nikhinson) LONDON (Reuters) – Bruce Carnegie-Brown, chairman of Lloyds Insurance Union ( SOLYD.UL ), said he expected insured losses to […]
New York High Court Reduces Bond for Trump in Fraud Lawsuit
On the 25th, the New York (NY) High Court reduced the required bond for former President Trump to $175 million to appeal a civil lawsuit in which he was ordered to pay $454 million for fraud in a family company that he admitted to. Picture taken in January (2024 Reuters/Cheney Orr) [ニューヨーク ２５日 ロイター] – […]
Stock Prices React to Bank of Japan’s Monetary Policy Changes
[Tokyo, 22ain]- On 19 March, the Bank of Japan announced a complete review of its monetary policy, including the end of negative interest rates. What was clear was the reaction of stock prices. Although this move appears at first glance to be at odds with tightening measures, it is consistent with the evaluations of many […]
Swiss National Bank Cuts Interest Rates for the First Time in Nine Years
On March 21, the Swiss National Bank (central bank) cut its main interest rate by 25 basis points (bp) to 1.50%. The unexpected decision made it the first major central bank to cut interest rates. The photo was taken with Bern. Photograph taken in December 2023 (2024 Reuters/Denis Balibouse) [チューリヒ ２１日 ロイター] – The Swiss […]
