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Mar 19, 2024
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these are what japan and the u.s.ave been working together, should continue to do so, and i am pleased to share my perspective today. in the world we live in today i.t. technology is indispensable and pervasive in our life. infr communications networks play a crucial role as the foundation of our social and economic becoming so to speak the basis of the nation's existence. the sophistication -- sophistication of our i.t. infrastructure and the widespread use of digital services have led to anncrease of dataflow. if data flows beyond national borders, the distribution d four point seven times in 2017 and 2021. the rapid development of ai technology in recent years is expected to further increase traffic. this demonstrates how important the i.t. sector is and the importance of international collaboration. we believe two points are important for international telecommunications. first is building secure robust i.t. ecosystems including promoting trustworthy entities. the second is strengthening the global connectivity th
these are what japan and the u.s.ave been working together, should continue to do so, and i am pleased to share my perspective today. in the world we live in today i.t. technology is indispensable and pervasive in our life. infr communications networks play a crucial role as the foundation of our social and economic becoming so to speak the basis of the nation's existence. the sophistication -- sophistication of our i.t. infrastructure and the widespread use of digital services have led to...
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Mar 19, 2024
03/24
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and japan who are experts in this field.iverse expertise in this field, i should say, coming from various different agencies and organizations. but we wil i give brief introductions and then allow them to share their wisdom. afterwards, we will open up for questions and answers from the audience. i encourage everyone to think about what they would like to ask now up first, to my left we have the deputy director general for international economic affairs in the global strategy bureau of japan's ministry of internal affairs and communications. lÑ■@ >> thank you f organizing our get together today. these topics are what japan and the u.s. have been working together, shouldso, and i am ply perspective today. in the world we live in today, i.t. technology is indispensable and pervasive in our life. infrastructures such as mobile communications networks play a crucial role as the foundation of our social and economic activities. it is becoming so to speak the basis of the nation's existence. the sophistication -- sophistication of
and japan who are experts in this field.iverse expertise in this field, i should say, coming from various different agencies and organizations. but we wil i give brief introductions and then allow them to share their wisdom. afterwards, we will open up for questions and answers from the audience. i encourage everyone to think about what they would like to ask now up first, to my left we have the deputy director general for international economic affairs in the global strategy bureau of japan's...
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Mar 18, 2024
03/24
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and japan have been doing in ict, and for 6g.'s recently a new dialog on digital economy between the united states and japan. perhaps our next speaker, mr. conan can enlighten us from his perspective. >> i'd like to thank the hudson institute and walters for giving us an opportunity to underscore the nature of collaboration between japan and united states on digit would li to publicly acknowledge the leaders on common issues without his leadership we would not be able to as much as we have and work on policy and programs i think that's because we share a common vision devoted that the internet should be open, reliable, secure and interoperable and that's built on a foundation of trust. so there are three elements in the policy set, in the policy set that describes our bilateral work together. the first of those is infrastructure supply. by that, i mean sourcing and equipment and code from countries that have independent judiciary, due process procedures, effective institutions, that allow one to have their privacy protected, that
and japan have been doing in ict, and for 6g.'s recently a new dialog on digital economy between the united states and japan. perhaps our next speaker, mr. conan can enlighten us from his perspective. >> i'd like to thank the hudson institute and walters for giving us an opportunity to underscore the nature of collaboration between japan and united states on digit would li to publicly acknowledge the leaders on common issues without his leadership we would not be able to as much as we...
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Mar 24, 2024
03/24
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the minutes of japan will be due in a few minutes.tral bank kept negative rates unchanged back then before ending the ultra-easy policy last week. shareholders from sumi to life insurance have held -- helping acquisition of singapore life the financial times is reporting president biden and the you japan prime minister will announce plans to restructure the u.s. military command in japan and the plan will reportedly be unveiled when biden hosts kishida in april the white house. annabelle: perhaps more of the snooze the meetings of the year so far but we are watching the japanese yen, around the 151 mark. we have were further intervention coming through from japan currency chief masato kendall and he says -- masato kanda. there is the risk rising of intervention. we have not heard from him since february, so it is a bit of time between comments and a longest -- longer salvo we've had for him in months. in terms of equities, we are setting up for weakness in the session and it follows through from the wall street day on friday because w
the minutes of japan will be due in a few minutes.tral bank kept negative rates unchanged back then before ending the ultra-easy policy last week. shareholders from sumi to life insurance have held -- helping acquisition of singapore life the financial times is reporting president biden and the you japan prime minister will announce plans to restructure the u.s. military command in japan and the plan will reportedly be unveiled when biden hosts kishida in april the white house. annabelle:...
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Mar 22, 2024
03/24
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one being the bank of japan.i we went through pointing in the right direction showing the acceleration. that is going to keep investors comfortable with the dovish positioning after the lift up we had from the boj. if the data continues to go in this direction, maybe we will see an encore from the bank of japan later this year. annabelle: are we one and done or will there be more hikes coming from the governor?
one being the bank of japan.i we went through pointing in the right direction showing the acceleration. that is going to keep investors comfortable with the dovish positioning after the lift up we had from the boj. if the data continues to go in this direction, maybe we will see an encore from the bank of japan later this year. annabelle: are we one and done or will there be more hikes coming from the governor?
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Mar 22, 2024
03/24
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well, that was a reality here in japan.everything staying that he much the same. but it wasn't always like this. since the end of world war ii, japan has been ground zero for some of the biggest experience -- experiments in economics. older japanese, like these two, have experienced a roller coaster of changes throughout their lives. now, japan central bank has decided it's time to end its latest experiments and exit negative interest rates. for the first time since 2007, the bank of japan or the boj, raised rates. haslinda: ycc, gone. the end of negative rates. >> out of japan decide to manage its economy different from the rest of the world and how is this massive shift going to disrupt day-to-day lives across the country? japanese growth has and always been this stagnant. at one point the economy was growing so fast that it looked like it was about to overtake the u.s. as the world's biggest. they cover the japanese economy for bloomberg economics. before, he used to work at the boj, so here he is with a mini history les
well, that was a reality here in japan.everything staying that he much the same. but it wasn't always like this. since the end of world war ii, japan has been ground zero for some of the biggest experience -- experiments in economics. older japanese, like these two, have experienced a roller coaster of changes throughout their lives. now, japan central bank has decided it's time to end its latest experiments and exit negative interest rates. for the first time since 2007, the bank of japan or...
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Mar 19, 2024
03/24
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the third one is japan. the reason japan, again, the huge carry trade.ready has a positive international investment position. a lot of this money from the carry trade goes into risk assets of other developed markets. maybe the u.s., maybe europe, and also some emfx currencies where there is huge territory going on. what this could do, if there is a bit of a risk due to the change in forward-looking monetary policy in japan, and if this carry trade gets undermined, the kind of bidding it would have on global financial markets, and how do you protect your portfolios in that situation? that is the question, instead of looking at the other side of the coin and seeing how we can maybe play yen dollar or try to eke out small gains, i guess the elephant in the room is how do you protect your portfolios if something breaks on the japanese monetary policy side. that is the main thing we are worried about. haslinda: hamza ayub, thank you so much for your insights. not all questions have been answered. let's get back to stephen engle, who is at the central bank hea
the third one is japan. the reason japan, again, the huge carry trade.ready has a positive international investment position. a lot of this money from the carry trade goes into risk assets of other developed markets. maybe the u.s., maybe europe, and also some emfx currencies where there is huge territory going on. what this could do, if there is a bit of a risk due to the change in forward-looking monetary policy in japan, and if this carry trade gets undermined, the kind of bidding it would...
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Mar 19, 2024
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>> it is rational, but more so the bank of japan side.important thing was to avoid a market reaction. yen jumps becoming higher and some people are disappointed. this is what the bank of japan was hoping for. tom: how do you see the boj steering policy? where do you see the rates? >> normalization is one and done. this is a clear signal and shows some things will have to change. bank of japan does not want to be restrictive. other banks are more dovish. boj wants to support the economy. not many restrictive steps, but costs will go up, interest rates positive again. government policy will have to change and the yen will probably stabilize. tom: do you see repatriation of japanese funds? if not on this move, then through this year? >> this would be what would drive the yen. i do not expect it. companies have been investing. what they are doing is not about investing actively, but they have been building operations in the u.s. with major investment and income generated overseas. i do not think anyone is interested in holding both bonds when
>> it is rational, but more so the bank of japan side.important thing was to avoid a market reaction. yen jumps becoming higher and some people are disappointed. this is what the bank of japan was hoping for. tom: how do you see the boj steering policy? where do you see the rates? >> normalization is one and done. this is a clear signal and shows some things will have to change. bank of japan does not want to be restrictive. other banks are more dovish. boj wants to support the...
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older people in japan. and it's interesting to note that at the height of the japanese empire, in 1940, the population was about 78000000 people. but most of them were young. and today the population is about a 123000000 people. and about 30 percent of the population is over $65.00 and this percentage grows to almost 80 to 90 percent in the rural areas, including the area of the latest earthquake in japan. and you should call a prefecture on the japan sea coast. yeah. so what you're saying is basically the demographic, the, the, the chart has flip flopped in in the past century and it's 6 sets of japanese governments that they tried and been unable to encourage you know, the people to get married and have more babies. very good question. well, during the height of the pacific war, roughly 1932, the 1945 in japan, the government withheld birth control, and also allow soldiers to take 2 weeks for a lo, so they could impregnate their wives, to put it directly. today in democratic japan, they can't do that. and
older people in japan. and it's interesting to note that at the height of the japanese empire, in 1940, the population was about 78000000 people. but most of them were young. and today the population is about a 123000000 people. and about 30 percent of the population is over $65.00 and this percentage grows to almost 80 to 90 percent in the rural areas, including the area of the latest earthquake in japan. and you should call a prefecture on the japan sea coast. yeah. so what you're saying is...
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Mar 10, 2024
03/24
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in japan, it is a very small number.icorns from the pan asia basis other than just the u.s. only. annabelle: let's talk about the opportunities and challenges in japan's startup scene in particular. from perhaps a valuation perspective, you still see them looking reasonable given we have seen so much frost around ai generally. but what valuations have you had and how has the weaker yen played into that? >> obviously, reasonable, but also small. most japanese startups focus on the japanese markets. i think it is reasonable in the opportunity to invest. potential growth i think -- that's why we are encouraging government officials and startups to look out and go beyond their borders to expand the business outside of japan. annabelle: what sort of sectors do you see in japan in particular? >> i think japan is out in front of asian society. that's why we are looking for huge opportunities around asian society, it can include may be health care, bio, longevity, and the shortage of workforce is a big issue and that should be a
in japan, it is a very small number.icorns from the pan asia basis other than just the u.s. only. annabelle: let's talk about the opportunities and challenges in japan's startup scene in particular. from perhaps a valuation perspective, you still see them looking reasonable given we have seen so much frost around ai generally. but what valuations have you had and how has the weaker yen played into that? >> obviously, reasonable, but also small. most japanese startups focus on the japanese...
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Mar 13, 2024
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headline inflation is around 2% in japan.ven forecast within bloomberg surveys are not looking for anything like 2% yields. they are looking for only 1% yields next year let alone this year. so the upward movement in yields even in the long of the japanese market is probably going to be pretty slow. if you look at core inflation of course it is even higher. we are going to have negative real yields for a very long time. that obviously has a slightly downward impact on the japanese yen. whatever happens in terms of dollar yen movements either triggered by the fed or the bank of japan come everything will be moderated when people take into account that real yields are going to stay negative for quite a long time in japan. annabelle: that was mark cranfield there. of course the direction of what the boj does next week really hinges on the outcome of wage talks. we have a wide range of unions that will be reporting over the course of this week. let's get more with our asia economy and government senior editor brian fowler joining
headline inflation is around 2% in japan.ven forecast within bloomberg surveys are not looking for anything like 2% yields. they are looking for only 1% yields next year let alone this year. so the upward movement in yields even in the long of the japanese market is probably going to be pretty slow. if you look at core inflation of course it is even higher. we are going to have negative real yields for a very long time. that obviously has a slightly downward impact on the japanese yen. whatever...
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Mar 15, 2024
03/24
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in japan, the most im ortant are they seeking? most important thing _ are they seeking? in japan, the most important thing is _ are they seeking? in japan, the most important thing is security _ are they seeking? in japan, the most important thing is security of- are they seeking? in japan, the most important thing is security ofjobs. i important thing is security ofjobs. japan takes what we call in enterprise union, which is unique and different to the nation. it's a union within the company. basically, there's a lot of coordination with there's a lot of coordination with the labour and the management. that is one of the reasons why wage increase have been held back, because corporations wanted to secure a lot of fans for uncertain times, and employees went with it. as long as they got security of the job. now, it's about time they should be redeemed back to the shareholder, as well as the employees. shareholder, as well as the employees-_ shareholder, as well as the emlo ees. ~ ., employees. when we look back over the last gener
in japan, the most im ortant are they seeking? most important thing _ are they seeking? in japan, the most important thing is _ are they seeking? in japan, the most important thing is security _ are they seeking? in japan, the most important thing is security of- are they seeking? in japan, the most important thing is security ofjobs. i important thing is security ofjobs. japan takes what we call in enterprise union, which is unique and different to the nation. it's a union within the company....
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Mar 29, 2024
03/24
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japan just signed an agreement on the creation sixth generation fighters, it turns out that japan willect, but is it known to what extent japan will participate, does this mean that this is a country that proclaimed a policy after world war ii pacifism, it turns out to finally abandon this policy aside, this is how militarization comes about. for the united states of patriots , this means that, in fact, through this kind of liberalization of the export regime for weapons and military equipment, a kind of scheme is created in which the american side gains control over the weapons produced here under license, and accordingly, when the need arises, can always request these weapons from the japanese side, but to request the supply of weapons, yes, demand supplies, including supposedly ... to compensate for their own reduced arsenals, yeah, now let’s return to economic issues, the other day there was an unscheduled meeting regarding the record depreciation of the yen since 1990, from your point of view, with what is this record drop connected after all for 34 years, and to what extent can o
japan just signed an agreement on the creation sixth generation fighters, it turns out that japan willect, but is it known to what extent japan will participate, does this mean that this is a country that proclaimed a policy after world war ii pacifism, it turns out to finally abandon this policy aside, this is how militarization comes about. for the united states of patriots , this means that, in fact, through this kind of liberalization of the export regime for weapons and military equipment,...
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Mar 14, 2024
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toby truscott at michael page japan. of the other stories we are following, bloomberg intelligence says finance professionals in india are in line for higher salary hikes than those in hong kong and singapore. pay packets in india could rise 10% compared with 4% in the financial hubs. julius baer and dbs are among the company ramping up their headcount to tap into india's economic boom as china's growth slows. >> taking a look how markets are tracking so far, you are seeing the drop coming through from the asx 200. we can get to those big laggards in a moment but broadly we are setting up for quite a bit of weakness in the session. nikkei futures, the contract in singapore coming online. you are seeing that drop being reflected here. it does track the u.s. session as well. stronger-than-expected ppi numbers coming out. we sought resilience in the labor market. that just tells us the fed can afford to take it's time when it comes to cutting rates. that is the prevailing sentiment. then you are adding into it those concern
toby truscott at michael page japan. of the other stories we are following, bloomberg intelligence says finance professionals in india are in line for higher salary hikes than those in hong kong and singapore. pay packets in india could rise 10% compared with 4% in the financial hubs. julius baer and dbs are among the company ramping up their headcount to tap into india's economic boom as china's growth slows. >> taking a look how markets are tracking so far, you are seeing the drop...
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Mar 17, 2024
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what is the most urgent need for japan?basically with the revision avoided a technical recession, so there are strange in this economy. >> we need coordination between monetary policy and also growth policy. it is up to the government, and also the boj must cooperated with the government. the problem right now is that japan is at a critical juncture from deflationary minded to minor inflationary minded, so i think the government and boj must push this movement forward from this inflationary japan. so i think the government can do more fiscal stimulus and the boj can continue the monetary policy. >> thank you so much for your time, we appreciate your insights into this critical boj meeting culminating with what the consensus seems to be an exit of negative interest rate policy tomorrow. annabelle: that was a great and fascinating interview, our chief north asian correspondent stephen engle with the boj decision very much in focus, but playing into that is been the data, and we had eco-data dropping for the month of january,
what is the most urgent need for japan?basically with the revision avoided a technical recession, so there are strange in this economy. >> we need coordination between monetary policy and also growth policy. it is up to the government, and also the boj must cooperated with the government. the problem right now is that japan is at a critical juncture from deflationary minded to minor inflationary minded, so i think the government and boj must push this movement forward from this...
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Mar 4, 2024
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japan could consider calling an end to deflation. that could also factor, of course come into the boj thinking. how do you think that central bank policy shifts are likely to play into that market dynamic? we are definitely looking at a potential shift. again this will be a structural possibility. in that case, timing is a big issue. but sometime i think this year, and this is largely within a lot of investment analyst expectations, that, you know, the boj will, at some point this year, actually shift towards removing the negative interest rate policy. then what is important is whether or not this is priced in. from what we have seen across the equities complex in japan, you know, possibly, 40,000 being reached for the first time, potentially going from strength to strength, it is still a possibility. especially when we see that, you know, the policy shift and in the boj actually signaling that has already started to happen. and at the later part of this year, there is definitely a possibility for that. haidi: if you look at what is
japan could consider calling an end to deflation. that could also factor, of course come into the boj thinking. how do you think that central bank policy shifts are likely to play into that market dynamic? we are definitely looking at a potential shift. again this will be a structural possibility. in that case, timing is a big issue. but sometime i think this year, and this is largely within a lot of investment analyst expectations, that, you know, the boj will, at some point this year,...
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Mar 27, 2024
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parts of japan.en is not a totally standout issue. joyce: thank you. let's talk about business. you had a solid quarter and it puts the business on track -- there is still a gap to the 130 billion yen profit to achieve by next year. how confident are you in achieving this target? chris: this year has been an interesting year. it has has some pluses and minuses. for us, it is very much a rebuild year. there is a number of parts of our business we have restructured and reengineered to set us up for success in the medium-term, including next year. if you think about that, from when i took over the business, which was october 2022, we have incrementally improved all of those businesses on each quarter for five quarters in a row. we feel very good about the direction of the business and the actions we have taken. we have focused on globalizing our business and taking globalization to the next level. we have focused on retaining talent in our business which has been an important part of our success. what w
parts of japan.en is not a totally standout issue. joyce: thank you. let's talk about business. you had a solid quarter and it puts the business on track -- there is still a gap to the 130 billion yen profit to achieve by next year. how confident are you in achieving this target? chris: this year has been an interesting year. it has has some pluses and minuses. for us, it is very much a rebuild year. there is a number of parts of our business we have restructured and reengineered to set us up...
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Mar 19, 2024
03/24
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there are a few different stories but one main one we will focus on today is the bank of japan and if we will see the first rate hikes 2007 and a decision will be at 11:00 a.m. tokyo time. the longer it extends depends on the difference in policy changes. haidi: historically it has been really interesting looking at the timing. the later the decision comes, the more exciting it could be. we are watching the rba on rba decision day. we are not expecting any change or easing from them yet but let's get to the markets on what could be a momentous day for japanese markets. annabelle: it is the focus on what the boj does later in terms of the key rate. there are a lot of different things and the messaging we get in the presser later this afternoon is it a one and done scenario or changing of the back and setting a new course for the direction of rates? the strength of the wage negotiation has been heralded by the government and economists and caught a lot of people by surprise and the question is if it trickles down to the smaller enterprises but today this is what we see the japanese yen
there are a few different stories but one main one we will focus on today is the bank of japan and if we will see the first rate hikes 2007 and a decision will be at 11:00 a.m. tokyo time. the longer it extends depends on the difference in policy changes. haidi: historically it has been really interesting looking at the timing. the later the decision comes, the more exciting it could be. we are watching the rba on rba decision day. we are not expecting any change or easing from them yet but...
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Mar 3, 2024
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since 1989 japan is just beginning to get there. japan last time was overbought.an made moderate evaluations and at the microlevel we are seeing activity towards profitability and across the board in japan companies are increasing profit. annabelle: of course producing better profits relay tracks back to what you have been doing for years, putting pressure on japanese companies to radically change the way they operate. where do you think we are in terms of the corporate structural change, governance reform process? seth: we are only made earnings. there is an enormous amount left to do in terms of correctives. better drive in holding management accountable. detecting minority shareholders. there was much more to do in m&a across the board that will increase margins. there is a lot of levers you can full to improve the possibility. haidi: when you say we are at the midpoints, is that looking at proposing more difficult changes that you want companies to attack, or an act? is it looking at different industries? is it scaling up the size of the corporation? what spec
since 1989 japan is just beginning to get there. japan last time was overbought.an made moderate evaluations and at the microlevel we are seeing activity towards profitability and across the board in japan companies are increasing profit. annabelle: of course producing better profits relay tracks back to what you have been doing for years, putting pressure on japanese companies to radically change the way they operate. where do you think we are in terms of the corporate structural change,...
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Mar 18, 2024
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the chief japan economist at ubs securities japan. just recently changed your call as soon a couple days ago. the wages number that came out, was it the headline reading that justified it or was it what you sell for the smaller firms? >> i was surprised not only the headline but the small firms with the firm's less than 300 people. there wage growth over the so-called -- is 3%. 3% which growth is a great number for the boj because it is 2% cpr and 1% real wages. it is a green light for the boj to go ahead. given haidi: they are going to go ahead, it is the focus on the key rate. the mechanism for how that is calculated, you are also expecting changes to that? what is it currently at how is it likely to change and what is the significance if any? >> to answer your latter question, there will be no significant change. if you look at the rate in a market rate so gaining of the rate is less than 10 basis points. even though the headline number of the policy rate will go from minus zero point one to between zero and 0.1, it is not a 20 bas
the chief japan economist at ubs securities japan. just recently changed your call as soon a couple days ago. the wages number that came out, was it the headline reading that justified it or was it what you sell for the smaller firms? >> i was surprised not only the headline but the small firms with the firm's less than 300 people. there wage growth over the so-called -- is 3%. 3% which growth is a great number for the boj because it is 2% cpr and 1% real wages. it is a green light for...
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Mar 30, 2024
03/24
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japan and her japanese friends and i mean this with great sincerity, we should see japan is the great britain for us of asia. fourthly, although not necessarily for them list is taiwan. for us at heritage, it's vital to be able to tell that story to american policymakers who, to their credit, across the political aisle, there are many democrats who deserve as much credit for recognizing this as republicans do. diff we have to understand that defending taiwan diplomatically is in the vital interest of the united states. kevin: jeff: well said. jeff: i know you have a jampacked schedule. in both countries, you met the outgoing president and the incoming president and you met a range of senior officials, defense officials, economic officials, what were some of the bigger takeaways from your meeting? kevin: top of mind for me as an historian, i paid attention to culture, people, what people are saying on the sidewalk and the hotel and so on. it's such a cheerful and vibrant place. that is the main reason i call it the texas of asia. it's also a great economic engine, a great place for ent
japan and her japanese friends and i mean this with great sincerity, we should see japan is the great britain for us of asia. fourthly, although not necessarily for them list is taiwan. for us at heritage, it's vital to be able to tell that story to american policymakers who, to their credit, across the political aisle, there are many democrats who deserve as much credit for recognizing this as republicans do. diff we have to understand that defending taiwan diplomatically is in the vital...
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Mar 13, 2024
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let's take a look at what we see in japan. we have been keeping a close watch on wage negotiations this week. that is the final piece of the puzzle before it can take its foot off the stimulus petal. today we hear from toyota. it is seen as a bellwether for the economy, because of the number of people it employs. it is agreeing to the wage hike demand of the labor union. once we saw the story job, the nikkei arrays gains from early in the session where it started the day quite right in shrug off what we got from the hotter than expected cpi. dragging what we saw on wall street. bonds were under pressure for the most part, but we see a recovery. let's take a deeper dive into what we see for the japanese currency and how it has been fearing this week. yesterday after that cpi prints, this is the dollar story, but it saw that strength coming through after the toyota lines came through. we have bank of america coming through with an interesting perspective that is beyond the hike next week. it doesn't provide forward guidance, boj
let's take a look at what we see in japan. we have been keeping a close watch on wage negotiations this week. that is the final piece of the puzzle before it can take its foot off the stimulus petal. today we hear from toyota. it is seen as a bellwether for the economy, because of the number of people it employs. it is agreeing to the wage hike demand of the labor union. once we saw the story job, the nikkei arrays gains from early in the session where it started the day quite right in shrug...
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Mar 15, 2024
03/24
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even though japan is _ japan's economic health? even though japan is now _ japan's economic health?al terms still, therefore its impact is huge on the economies in china and korea and south—east asia. so it does matter. and of course, as you were saying in an earlier report, japan and the us have very, very strong and significant economic ties. so, howjapan does does significant economic ties. so, how japan does does have a major impact on economies around the world. yuuichiro nakajima. _ around the world. yuuichiro nakajima, thank— around the world. yuuichiro nakajima, thank you i around the world. yuuichiro nakajima, thank you very . around the world. yuuichiro i nakajima, thank you very much indeed, joining us from crimson phoenix. thank you.— to australia now — where the country is dealing with a rather interesting dilemma — it has far too much wine. sounds like a nice problem to have — but it is a serious issue. a fall in global demand has been exacerbated by political tensions between australia and china, cutting off what had become a major market for aussie wine. grape grower
even though japan is _ japan's economic health? even though japan is now _ japan's economic health?al terms still, therefore its impact is huge on the economies in china and korea and south—east asia. so it does matter. and of course, as you were saying in an earlier report, japan and the us have very, very strong and significant economic ties. so, howjapan does does significant economic ties. so, how japan does does have a major impact on economies around the world. yuuichiro nakajima. _...
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Mar 6, 2024
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>> i think japan is very intriguing.e have about, you know, just about the same amount in china as we have in japan for our global strategies and i think that is intriguing because of macro policy and foreign investors are clearly viewing that as an alternative so we have seen slows come out of china and into japan. these stocks were made pretty weak. so i like the big exporters in china. i think there is more room to move in these stocks but i would caution that, you know, while i think the macro has changed, i am not sure other than stock buybacks, there has been a major change in how many of these companies are run from any kind of return on equity standpoint so i'm a little nervous that people are may be getting too optimistic. i am not sure it is there other than clearly, there has been increased stock buybacks. >> i'm really getting that sense that you prefer the u.s. by quite a long stretch here but just in terms of that investment breakdown, what would be your allocation to the u.s. versus non-us markets then? an
>> i think japan is very intriguing.e have about, you know, just about the same amount in china as we have in japan for our global strategies and i think that is intriguing because of macro policy and foreign investors are clearly viewing that as an alternative so we have seen slows come out of china and into japan. these stocks were made pretty weak. so i like the big exporters in china. i think there is more room to move in these stocks but i would caution that, you know, while i think...
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Mar 15, 2024
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and japan. the inflation data, i am not too worried about that because it is very much at a margin that it is both expectations. and what you see is the margins of corporate's are still going up. so the equity market is actually taking it more in its stride than the bond market is. the equity market is only moving relatively small in the u.s. last night because those earnings are there. but certainly whilst you are probably more focused on bonds at the end of the year exclusively, now it is a mix of both bonds and equities. annabelle: what is going to drive the earnings expansion? is it ai that will be adding to productivity gains? willem: ai helps. obviously you are going to have a high filtering through into the economy in terms of productivity gains. any business owner i talk to amongst our clients, who are quite often business owners, everybody is looking at how they can use ai in their company to make gains. in some companies that is still marginal, in some it is significant. but i think yo
and japan. the inflation data, i am not too worried about that because it is very much at a margin that it is both expectations. and what you see is the margins of corporate's are still going up. so the equity market is actually taking it more in its stride than the bond market is. the equity market is only moving relatively small in the u.s. last night because those earnings are there. but certainly whilst you are probably more focused on bonds at the end of the year exclusively, now it is a...
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Mar 19, 2024
03/24
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in japan we have what _ that will have? in japan we have what are _ that will have?what are called - that will have? in japan we have what are called the i have what are called the enterprise union system, which is union within these companies, so these larger companies, so these larger companies will show the way for medium and smaller companies as well, so obviously they will follow. i think again, the important thing is whether this will be reducing the spending of the individuals. i think it might be difficult, but certainly it is the first time in over two decades while other nations have been rising on their pay. so finally it is here and again, one of the confirmation status that we are walking out from this operation a negative interest rates. in terms of the industrial shift withinjapan, many look terms of the industrial shift within japan, many look at japan withinjapan, many look at japan now as being behind the curve, with china, taiwan and silicon valley and others just progressing extensively and from that point of view? ida. progressing extensively and
in japan we have what _ that will have? in japan we have what are _ that will have?what are called - that will have? in japan we have what are called the i have what are called the enterprise union system, which is union within these companies, so these larger companies, so these larger companies will show the way for medium and smaller companies as well, so obviously they will follow. i think again, the important thing is whether this will be reducing the spending of the individuals. i think...
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Mar 24, 2024
03/24
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the main consumers are the usa, japan and south korea.sian authorities determine the total allowable catch of this species. hermit crabs. so in 2017, fishermen were allowed to catch from the sea of akhod. almost 70 thousand tons of kamchatka crabs, for comparison, this is 2.0 fully loaded crab fishing vessels. with the cost of this product in the ports of japan and south korea at $32 per kilogram, the total income of the owners of fishing companies from the sale of kamchatka crabs alone exceeds 145 billion rubles annually. these are official numbers. according to experts, illegal crab fishing in the sea of okhodsk in... relatives of the crew members knew that the east was engaged in poaching, sailors often risked their lives, went fishing in bad weather, and hid from border guards in the ice with illegally caught seafood. in these shots. the icy ship vostok is struggling to overcome the waves. during this trip, the fishermen caught 40 tons of crab. the cargo must be secretly delivered to south korea, where they love the russian delica
the main consumers are the usa, japan and south korea.sian authorities determine the total allowable catch of this species. hermit crabs. so in 2017, fishermen were allowed to catch from the sea of akhod. almost 70 thousand tons of kamchatka crabs, for comparison, this is 2.0 fully loaded crab fishing vessels. with the cost of this product in the ports of japan and south korea at $32 per kilogram, the total income of the owners of fishing companies from the sale of kamchatka crabs alone...
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Mar 20, 2024
03/24
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treasury futures, no traded in japan. it got treasury futures looking like this, moving iron as we count down to the fed decision. we will get a new dot plot and that will give us an idea of where we are heading. haidi: let's get a better idear of where the markets are heading. audrey joins us now. the bank of japan decision and the repricing of expectations, has that changed your view of japanese risk assets? >> not really. they strike a balanced tone. at the same time, another potential rate hike. if you look back again, reaction has been muted. the end beat modestly after announcements. if we assume that the low hanging fruit with the rally has been taken up, what are the next opportunities you see in japan? corporate funds are ongoing and we are seeing flows and domestic perspective. longer term we have a constructive few on equities. emergence will allow corporate's to have more pricing power, revenue and profitability. something we are tracking closely with the revision and japanese corporate's. we expect to support
treasury futures, no traded in japan. it got treasury futures looking like this, moving iron as we count down to the fed decision. we will get a new dot plot and that will give us an idea of where we are heading. haidi: let's get a better idear of where the markets are heading. audrey joins us now. the bank of japan decision and the repricing of expectations, has that changed your view of japanese risk assets? >> not really. they strike a balanced tone. at the same time, another potential...
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Mar 19, 2024
03/24
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so japan now begins this journey to normalisation as the bank of japan is saying.e a confidence that this rise to 0.1% will actually deliver on the ains?_ that this rise to 0.1% will actually deliver on the ains? good morning, thanks for having _ deliver on the ains? good morning, thanks for having me. _ deliver on the ains? good morning, thanks for having me. i _ deliver on the ains? good morning, thanks for having me. i think- deliver on the ains? good morning, thanks for having me. i think the i thanks for having me. i think the hope is that it will, because japan has been trapped in decades of deflation and low interest rate environment, and finally there is confidence coming from the bank of japan that we are actually seeing normalisation, back to rising interest rates, rising wages and inflationary environment, so i think this could give businesses the confidence to invest in a more normal kind of environment. and hopefully the high wages, which is now outpacing inflation, will help to support consumer spending. but of course, there are concerns as well becau
so japan now begins this journey to normalisation as the bank of japan is saying.e a confidence that this rise to 0.1% will actually deliver on the ains?_ that this rise to 0.1% will actually deliver on the ains? good morning, thanks for having _ deliver on the ains? good morning, thanks for having me. _ deliver on the ains? good morning, thanks for having me. i _ deliver on the ains? good morning, thanks for having me. i think- deliver on the ains? good morning, thanks for having me. i think...
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Mar 18, 2024
03/24
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and japan, and again hovering at the 149 level. equities also still powering through those gains accelerating toward the close on the nikkei, and it is really about the fundamentals, so this is what we are seeing as we count down to the boj and the fed. tom: fantastic breakdown of the asian markets this monday. let stand on there's no story, image or week at central banks. the fed, bank of japan among those that do make great decisions. that will effect after the world's economy. economy see fed officials holding steady what the boj widely expected to finally end of the negative tomorrow. not locked into but the expectation from boj watcher says that is where they will go on the back of strong ways did got out last week. let's bring in mark greenfield -- cranfield. what is the set up for dollar-yen? tell us. >> traders have had lots of time to digest all of this information, which we now think it's going to culminate in finding a change for the bank of japan for the first time in 17 years, and if you look up at the rate is, just ab
and japan, and again hovering at the 149 level. equities also still powering through those gains accelerating toward the close on the nikkei, and it is really about the fundamentals, so this is what we are seeing as we count down to the boj and the fed. tom: fantastic breakdown of the asian markets this monday. let stand on there's no story, image or week at central banks. the fed, bank of japan among those that do make great decisions. that will effect after the world's economy. economy see...
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Mar 24, 2024
03/24
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RUSSIA24
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for some reason he did not fly with his father to japan.ing guests. alexander olegovich, open, now subscribe nothing is. in the expensive apartment of oleg kan’s son and business partner, operatives found a firearm, which, according to documents , is listed as a city weapon. this pistol and ammunition were allegedly handed over to the sakhalin authoritative businessman by the president of kyrgyzstan. they were looking for documents related to seafood smuggling from kan jr. we also visited the country house of local politician and close friend of the kan family, dmitry poshov. in the photo he and his best friend, oleg. these days, vanity and panic began in the region. empire took place in as a suspect. according to our information , oleg kan had many good friends in the regional investigative committee. maybe that’s why the criminal case about the death of the crew of the vostok vessel in the sea of japan in january 2018 was lost in the offices of the investigative committee and the prosecutor’s office. the exact location of the trawler cr
for some reason he did not fly with his father to japan.ing guests. alexander olegovich, open, now subscribe nothing is. in the expensive apartment of oleg kan’s son and business partner, operatives found a firearm, which, according to documents , is listed as a city weapon. this pistol and ammunition were allegedly handed over to the sakhalin authoritative businessman by the president of kyrgyzstan. they were looking for documents related to seafood smuggling from kan jr. we also visited the...
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Mar 18, 2024
03/24
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and japan we see the relative weakness still on the yen helping some export related content in japan with the nikkei with gains of upwards of 2% and not just japan or the u.s. we are watching in the past hour we got the data from china showing a relatively mixed bad but some stabilization, retail sales disappointed slightly will industrial production numbers show better than expected pick up so all that seems to be pointing towards some stabilization in the chinese economy we saw the of shery ahn move towards the 72020 level. -- the offshore yen move towards the 72020 level. >> it is a big week for central banks all over the world. >> the central banks of half the world's economy will be coming out with decisions, including swiss, norwegian, u.k. central banks and also six of the 10 most traded currencies in the world, those central banks will come out with decisions but it is not just the developed markets, latin america, turkey, this could also show how the inflation risk seems to be diverging and in light of the conflict in ukraine so all income of this will be a very consequentia
and japan we see the relative weakness still on the yen helping some export related content in japan with the nikkei with gains of upwards of 2% and not just japan or the u.s. we are watching in the past hour we got the data from china showing a relatively mixed bad but some stabilization, retail sales disappointed slightly will industrial production numbers show better than expected pick up so all that seems to be pointing towards some stabilization in the chinese economy we saw the of shery...
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Mar 22, 2024
03/24
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one being the bank of japan. annabelle: the national cpi we went through pointing in the right direction showing the acceleration. that is going to keep investors comfortable with the dovish positioning after the lift up we had from the boj. if the data continues to go in this direction, maybe we will see an encore from the bank of japan later this year. annabelle: are we one and done or will there be more hikes coming from the governor? japanese assets coming online. the story of inflation data that we just got out and the nation wide reading, we sell gains of 2.8% on the gear. that pace picking up from 2% the month prior. that outcome will keep markets focused on whether we see the boj following with another hike. the weakness in the japanese yen trading above the 151 mark. we have been monitoring for more jawboning from japanese officials. week currency does support japanese equities. we are seeing the nikkei and the topix pushing higher. it is not just a domestic story. a lot of traders are closely trained on
one being the bank of japan. annabelle: the national cpi we went through pointing in the right direction showing the acceleration. that is going to keep investors comfortable with the dovish positioning after the lift up we had from the boj. if the data continues to go in this direction, maybe we will see an encore from the bank of japan later this year. annabelle: are we one and done or will there be more hikes coming from the governor? japanese assets coming online. the story of inflation...
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Mar 2, 2024
03/24
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PRESSTV
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it obeys the us and obeys japan, enters the framework of the us japan alliance, disregarding the peace process on the korean peninsula, and putting the entire korean peninsula on the verge of war. even many young south. koreans recognize the need for japanese contrition, we have to resolve the past in order to move forward, the comfort women issue has not yet been resolved and some people are still alive, so it seems like it's not over yet, when a soul high court last november ruled that japan must compensate the victims of its colonial rule, tokyo protested but did not appeal. frank smith press tv, soul with that we conclude your... tv news bulleting everyone, thank you for tuning in and goodbye for now, how designists come from across the world to palestine to occupy a land? belonging to another nation, how do they form their secret army, hagana? how do they grab lands belonging to palestinians? how did they build and expand their illegal settlements? israel's former prime minister, goldomir answers these and more questions in this documentary. you seen footage of children's bodies m
it obeys the us and obeys japan, enters the framework of the us japan alliance, disregarding the peace process on the korean peninsula, and putting the entire korean peninsula on the verge of war. even many young south. koreans recognize the need for japanese contrition, we have to resolve the past in order to move forward, the comfort women issue has not yet been resolved and some people are still alive, so it seems like it's not over yet, when a soul high court last november ruled that japan...
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Mar 28, 2024
03/24
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japan and her japanese friends and i mean this with great sincerity, we should see japan is the great britain for us of asia. fourthly, although not necessarily for them list is taiwan. for us at heritage, it's vital to be able to tell that story to american policymakers who, to their credit, across the political aisle, there are many democrats who deserve as much credit for recognizing this as republicans do. diff we have to understand that defending taiwan diplomatically is in the vital interest of the united states. kevin: jeff: well said. jeff: i know you have a jampacked schedule. in both countries, you met the outgoing president and the incoming president and you met a range of senior officials, defense officials, economic officials, what were some of the bigger takeaways from your meeting? kevin: top of mind for me as an historian, i paid attention to culture, people, what people are saying on the sidewalk and the hotel and so on. it's such a cheerful and vibrant place. that is the main reason i call it the texas of asia. it's also a great economic engine, a great place for ent
japan and her japanese friends and i mean this with great sincerity, we should see japan is the great britain for us of asia. fourthly, although not necessarily for them list is taiwan. for us at heritage, it's vital to be able to tell that story to american policymakers who, to their credit, across the political aisle, there are many democrats who deserve as much credit for recognizing this as republicans do. diff we have to understand that defending taiwan diplomatically is in the vital...
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Mar 24, 2024
03/24
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RUSSIA24
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for some reason he did not fly with his father to japan.ests. alexander alegovich, open up, i won’t sign anything now. in the expensive apartment of oleg kan’s son and business partner, operatives found a firearm, which is listed according to the documents. the president of kyrgyzstan allegedly handed this pistol and ammunition to the authoritative sakhalin businessman as a national title; they were looking for documents related to kan jr. smuggling seafood, they also looked into the country house of local politician and close friend of the kan family, dmitry poshov. the owner of the luxury apartment was not found; according to his wife, he was on a business trip. the operatives found themselves in the hands of various documents, as well as... pashov’s rich photo archive, in the photo he and his best friend, oleg. these days, vanity and panic began in the regional investigative committee. chairman of the investigative committee alexander bastrikin instructed the central apparatus to withdraw all criminal cases in which... empire was a suspe
for some reason he did not fly with his father to japan.ests. alexander alegovich, open up, i won’t sign anything now. in the expensive apartment of oleg kan’s son and business partner, operatives found a firearm, which is listed according to the documents. the president of kyrgyzstan allegedly handed this pistol and ammunition to the authoritative sakhalin businessman as a national title; they were looking for documents related to kan jr. smuggling seafood, they also looked into the...
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Mar 1, 2024
03/24
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PRESSTV
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it obeys the us and obeys japan, enters the framework of the us japan alliance, disregarding the peace process on the korean peninsula, and putting the entire korean peninsula on the verge of war. even many young south koreans recognize the need for japanese contrition. hey! "we have to resolve the past in order to move forward. the comfort women issue has not yet been resolved and some people are still alive, so it seems like it's not over yet. when a soul high court last november ruled that japan must compensate the victims of its colonial rule, tokyo protested, but did not appeal. frank smith press tv, soul. and those were the top stories on press tv. thank you for being with us, take care and bye-bye. named after the longest river in the world, it's now become the largest e-commerce company on the planet. it started as a bookseller at discount prices, but grew so much to sell almost everything through breaching rules of the game. watch and hear more about amazon in this documentary. going to bomb those kids, so i think we should kill them all, if that makes you feel better, everybo
it obeys the us and obeys japan, enters the framework of the us japan alliance, disregarding the peace process on the korean peninsula, and putting the entire korean peninsula on the verge of war. even many young south koreans recognize the need for japanese contrition. hey! "we have to resolve the past in order to move forward. the comfort women issue has not yet been resolved and some people are still alive, so it seems like it's not over yet. when a soul high court last november ruled...
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Mar 28, 2024
03/24
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BLOOMBERG
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it's much more to do with japan meeting japan. a japanese economic renaissance benefiting local companies, i guess, be those bank consumption. it's not so much the weak yen helping japanese exporters. it's more with japan meeting japan and a yen moderation or even a little bit of a strengthening shouldn't derail that more, how can i say, localized japan view. paul: to whatdegree is a strong dollar story? with that in mind how effective could you see intervention being? benn: i think you're right. i think waller's comments are more hawkish though importantly it's still, i think, key to know, even waller is talking about the pace of cuts. so there's no discussion about are we going to cut or not. the answer to that seems to be yes, the fed is going to cut. the debate is when and by hutch. i think as we get to june, likely we start to see a cutting cycle which should take some of the heat out of the dollar strength. we're seeing right now and again that should be beneficial clearly as we have the fed beginning there -- their cutting
it's much more to do with japan meeting japan. a japanese economic renaissance benefiting local companies, i guess, be those bank consumption. it's not so much the weak yen helping japanese exporters. it's more with japan meeting japan and a yen moderation or even a little bit of a strengthening shouldn't derail that more, how can i say, localized japan view. paul: to whatdegree is a strong dollar story? with that in mind how effective could you see intervention being? benn: i think you're...
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Mar 13, 2024
03/24
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the same is true in japan. is a different tale in a little bit more directive to your question, korea and australia, the high rate cycle which is similar to what happened in the united states and europe has caused the lady negative ratio to come into play were property yields are lower than the cost to borrow. that has to reconcile itself over time to get to a more natural equilibrium where property yields are actually slightly or modestly higher than the cost of finance. annabelle: you mentioned china, the rates environment is attractive at the moment. we have discussed at length the issues facing the real estate sector, using issues there currently? ralph: the speculation you referenced is associated with the housing sector and the office sector. there are other parts of the chinese real estate markets that are quite stable and healthy. namely the logistics market in beijing and shanghai is relatively healthy. as is the equipment i multifamily rental apartments which is -- especially in the area that is multi
the same is true in japan. is a different tale in a little bit more directive to your question, korea and australia, the high rate cycle which is similar to what happened in the united states and europe has caused the lady negative ratio to come into play were property yields are lower than the cost to borrow. that has to reconcile itself over time to get to a more natural equilibrium where property yields are actually slightly or modestly higher than the cost of finance. annabelle: you...
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Mar 2, 2024
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PRESSTV
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japan would rule until the end. of world war ii, an era of south korea, japan relations not easily overcome. many south koreans suggest japan must show remorse for its past and direct. compensation before relations between the two states can improve. they decry un's pro-japanese, pro-us foreign policy. the south korean government has continued to disregard the hard one ruling for the victims of japanese military sexual slavery against japan, selling off the rights of the victims of forced labor in the name of improving relations with japan. it obays the us and obays japan, enters the framework of the us japan alliance. regarding the peace process on the korean peninsula and putting the entire korean peninsula on the verge of war. even many young south koreans recognize the need for japanese contrition. we have to resolve the past in order to move forward. the comfort women issue has not yet been resolved and some people are still alive, so it seems like it's not over yet. when a soul high court last november ruled that japan must compensate the victims of its colonial rule, tokyo protested,
japan would rule until the end. of world war ii, an era of south korea, japan relations not easily overcome. many south koreans suggest japan must show remorse for its past and direct. compensation before relations between the two states can improve. they decry un's pro-japanese, pro-us foreign policy. the south korean government has continued to disregard the hard one ruling for the victims of japanese military sexual slavery against japan, selling off the rights of the victims of forced labor...
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Mar 29, 2024
03/24
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BBCNEWS
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this release of oppenheimer in japan i weapons. this release of oppenheimer in japan is| weapons. months since the film was released in the rest of the world. how long do you think will stay in cinemas there and is there a lot of demand to see it? it there and is there a lot of demand to see it?- demand to see it? it is interesting. _ demand to see it? it is interesting. it - demand to see it? it is interesting. it really i demand to see it? it 3 interesting. it really depends on what you have just mentioned, it is demand and whether people want to go see it. from what i've heard so far from people who have seen it in limited previews, they want to see it again because even the survivors in the people who have lived through the hiroshima bombing said you have to know the history and it is almost that you need to go again to understand and appreciate and have a fair critique of the film. many others are curious to go and see it. they know this is going to be difficult, they know it will hit on a very, very deep cut in boone for the people here in hiroshima and japan in general. but
this release of oppenheimer in japan i weapons. this release of oppenheimer in japan is| weapons. months since the film was released in the rest of the world. how long do you think will stay in cinemas there and is there a lot of demand to see it? it there and is there a lot of demand to see it?- demand to see it? it is interesting. _ demand to see it? it is interesting. it - demand to see it? it is interesting. it really i demand to see it? it 3 interesting. it really depends on what you have...
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Mar 11, 2024
03/24
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let's bring in our japan economy editor paul jackson.d it in negative territory for preliminary readings and it was reversed for the one that came out this morning. what was it that created such a difference in the preliminary and final readings? >> it is a common pattern we see in gdp data coming out of japan is after preliminary figures are released we get a survey of capital spending by companies and the spending figures the ministry of finance released were very positive in terms of business spending, so that suggest companies are more upbeat than previously thought and spending a lot more, so i think economists expected we would flip back into positive growth in the last quarter, and for is central bank if you are trying to pave the way for an interest rate hike and you want to move, it is a lot better look for you if the economy is growing at the time rather than contracting. i think the history books would look pretty challenging for mr. ueda if he races rates while the economy is contracting and things did not go well, so it is t
let's bring in our japan economy editor paul jackson.d it in negative territory for preliminary readings and it was reversed for the one that came out this morning. what was it that created such a difference in the preliminary and final readings? >> it is a common pattern we see in gdp data coming out of japan is after preliminary figures are released we get a survey of capital spending by companies and the spending figures the ministry of finance released were very positive in terms of...