Japan 06 (Aug 17 - Sep 23)

[behappyalways]

Tokyo seeks travel curbs as new infections tops 100 for third day, says NHK
https://www.reuters.com/article/us-heal ... 4507R?il=0

[behappyalways]

Coronavirus: Japan's household spending slumps at record rate
https://www.bbc.com/news/business-53303677


Japan government says coincident indicator index suggests economy is worsening
https://www.reuters.com/article/us-heal ... 480HM?il=0

[behappyalways]

Japan Daily Coronavirus Tally Passes 1,000
https://www.youtube.com/watch?v=3KP-K9c7gmk

[behappyalways]

Public bath houses in Japan struggle to survive during Covid-19 pandemic
https://www.youtube.com/watch?v=nVlG3rZZK2Y

[winston]

Shinzo Abe Admitted to Hospital AM after Health Rumors

Source: AAstocks.com

[winston]

Warren Buffett Buys Over 5% Stakes Each in 5 JP Firms

Warren Buffett's Berkshire Hathaway (BRK.A.US) announced acquisition of over 5% shareholdings in five large Japanese trade houses.

The investment magnate acquired stakes in Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co and Sumitomo Corp.

Source: AAStocks Financial News

[behappyalways]

Japanese emperor’s brother Akishino formally becomes crown prince after pandemic delays
https://m.youtube.com/watch?v=NtZiFFdZVmY

[winston]

These Stocks Are Breaking Out in a Big Way

by Chris Igou

iShares MSCI Japan Fund (EWJ).

Simply put, Japanese stocks are breaking out in a big way.

The Nikkei recently hit its highest level since 1990. And more upside is likely over the next year.

Source: DailyWealth.com

https://dailytradealert.com/2020/11/28/ ... a-big-way/

[winston]

BOJ Becomes Biggest Japan Stock Owner With $434 Billion Hoard

BOJ Becomes Biggest Japan Stock Owner With $434 Billion Hoard

by Min Jeong Lee and Toshiro Hasegawa

(Bloomberg) -- The Bank of Japan has taken over as the biggest owner of the nation’s stocks, with the total value of its holdings climbing well above $400 billion.

That marks the first time that the central bank’s holdings have eclipsed those of the Government Pension Investment Fund, which Ide estimates stood at 44.8 trillion yen last month.

Source: Bloomberg

https://finance.yahoo.com/news/boj-beco ... 00323.html

[winston]

Japan rolls out further US$708b stimulus

Japan will compile a further 73.6 trillion yen (US$708 billion) economic stimulus package to speed up the country's recovery from its deep coronavirus slump, Prime Minister Yoshihide Suga said on Tuesday, Reuters reports.

The new package will include about 40 trillion yen in direct fiscal spending and initiatives targeted at reducing carbon emissions and boosting digital technologies, Suga said in a meeting with ruling party executives.

Suga's cabinet is set to endorse the stimulus package later today, which would bring the combined value of coronavirus-related stimulus to about US$3 trillion.

Two previous packages this year worth a combined US$2.2 trillion focused on dealing with the immediate strain on households and business from the pandemic.

"We have compiled these measures to maintain employment, sustain business and restore the economy and open a way to achieve new growth in green and digital areas, so as to protect people's lives and livelihoods," Suga said at the meeting.

Source: Reuters

https://www.thestandard.com.hk/breaking ... b-stimulus