Japan
Unwinding of carry trade will benefit Japan, Monex Group’s Koll says
Corrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market. “It forces investors to focus on the real Japan strategy … not just a quick carry trade, borrowing at close to zero interest rates in Japan […]
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Podcast: Japan’s quest for the most powerful microchip leads semiconductor revival
In the 1980s, Japan was the dominant player in the semiconductor market. But huge shifts in the way the chip supply chain operated eroded that leading-edge. Countries like Taiwan with TSMC, the world’s largest and most advanced semiconductor manufacturer, began to dominate in the production of chips. The U.S. is key in areas like design. […]
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Goldman Sachs names the Japanese stocks to buy right now — and gives 2 over 50% upside
Japan’s stock market had a roller-coaster ride last week, but Goldman Sachs sees several opportunities in the country, naming the “stocks to own” right now. It comes after Japan’s broad-based Topix index plunged 12.23% on Aug. 5 and the benchmark Nikkei 225 index fell 12.4% — its worst decline since 1987’s “Black Monday.” Both indexes […]
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How Warren Buffett’s big Japanese investments fared in the global market rout
This week’s violent global market meltdown started in Japan — where Warren Buffett has big investments — but the damage was limited. The Nikkei 225 index , a benchmark for Japanese stocks, plunged 12.4% on Monday, its worst day since “Black Monday” in 1987, triggering a domino effect globally. The sell-off was triggered by a […]
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CNBC Daily Open: Wall Street rebound fizzles out
A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to […]
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China will have nearly twice the pets than young children by 2030, Goldman Sachs says
A dog getting groomed during a pet show in Shanghai on August 17, 2023. Str | Afp | Getty Images China’s pet population will be close to double that of its young children by 2030 as young Chinese remain unwilling to start new families, Goldman Sachs said in a recent note. The country’s urban pet […]
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Bank of Japan won’t raise rates when markets unstable, deputy governor says
The Japanese flag flutters over the Bank of Japan (BoJ) head office building (bottom) in Tokyo on April 27, 2022. Kazuhiro Nogi | Afp | Getty Images Bank of Japan Deputy Governor Shinichi Uchida said on Wednesday the central bank won’t raise interest rates when financial markets are unstable. The recent strengthening of the yen would affect the BOJ’s policy decision because it reduces upward pressure on […]
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Consumer giants from Starbucks to General Mills have one big sales problem: China
Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market. The Chinese economy — home to more than four times the population of […]
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Macquarie names 10 ‘highest conviction’ Asia stocks that have ‘borne the brunt’ of recent sell-off
Macquarie named its 10 “highest conviction” stocks that it believes present buying opportunities for investors amid the current market volatility and sharp sell-off across global markets. The Australian investment bank’s analysis comes as markets grapple with concerns over a potential U.S. recession and the unwinding of the Japanese yen carry trade. In response, Japan’s stock […]
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The popular ‘carry trade’ is unwinding — and economists fear Fed rate cuts could make matters worse
Pedestrians walk past a currency exchange shop in central Tokyo on April 17, 2024. Richard A. Brooks | Afp | Getty Images Rapid interest rate cuts from the Federal Reserve could make matters worse for the global “carry trade” unwind, according to economists at TS Lombard. The warning comes as market participants seek to aggressively […]
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