logo
Japan Post Insurance Says Super-Long-Term Yields Near Peak

Japan Post Insurance Says Super-Long-Term Yields Near Peak

Bloomberg23-07-2025
Japan Post Insurance Co., one of the nation's largest life insurers, said that super-long-term yields are nearing their peak and the company plans to shift holdings from foreign to yen bonds on expectations of a US interest rate cut.
'Japanese government bond yields are attractive on a relative and absolute comparison basis,' said Hiroyuki Nomura, operating officer and senior general manager of Japan Post Insurance Co.'s investment planning department, in an interview Tuesday.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cebu Air Just Pulled Off the Biggest Surprise Profit in Over a Decade
Cebu Air Just Pulled Off the Biggest Surprise Profit in Over a Decade

Yahoo

time12 minutes ago

  • Yahoo

Cebu Air Just Pulled Off the Biggest Surprise Profit in Over a Decade

Cebu Air (CEBUF) just posted its strongest quarter in over a decadethanks to a rare combination of rising travel demand and a surprise engine windfall. The Philippine low-cost carrier reported 8.51 billion pesos ($148 million) in Q2 net income, more than six times higher than the same period last year. A major contributor? A 4.8 billion peso boost from four free Pratt & Whitney engines booked as other income in June. That one-off helped deliver a record profit dating back to at least 2010and investors took notice. CEB shares jumped as much as 4.4% in Manila on Wednesday, outpacing the broader index. Warning! GuruFocus has detected 7 Warning Signs with CEBUF. But this wasn't just a one-time story. Cebu flew 7 million passengers last quarter, up 16% year-over-year, powered by a 23% jump in international traffic and a 14% lift in domestic. That momentum came despite ongoing disruptions from RTX Corp.'s Pratt & Whitney GTF engines, which are undergoing a global inspection cycle due to flawed components. While that grounding has sidelined parts of Cebu's fleet, the strong rebound in traveland management's ability to negotiate engine compensationsuggest the airline could be navigating the headwinds better than most. Maybank analysts seem to think so. In a June note, they named Cebu their top tourism pick in the Philippines, pointing to fleet expansion, rising passenger volumes, and the tailwind of infrastructure upgrades across the country. With international traffic roaring back and engine issues partly cushioned by manufacturer support, Cebu Air might be one of the rare airline stocks positioned to benefit on both the operational and financial front. This article first appeared on GuruFocus. Sign in to access your portfolio

Fresh Del Monte and CMA CGM shift to containerized produce to improve quality
Fresh Del Monte and CMA CGM shift to containerized produce to improve quality

Yahoo

time42 minutes ago

  • Yahoo

Fresh Del Monte and CMA CGM shift to containerized produce to improve quality

Fresh Del Monte Produce Inc. and the CMA CGM Group have unveiled a strategic shift in the transport of bananas and pineapples from the Philippines to Northeast Asia by adopting containerized shipping, a move intended to enhance cold‐chain logistics and raise quality standards for perishable exports. The partnership marks a departure from traditional breakbulk methods that have typically been used in these routes. Under the new arrangement, the two companies are deploying full refrigerated containers on two key shipping corridors. The JP8 route now delivers produce directly from Davao to Japan's major ports, Tokyo, Yokohama, Kobe, and Moji, while the BMX service provides a stable weekly connection to Busan in South Korea. These routes are operated through CNC, CMA CGM's intra‑Asia short sea specialist. Historically, bananas and pineapples destined for Japan and Korea were loaded and unloaded multiple times aboard breakbulk vessels, exposing them to temperature fluctuations and handling stress. This method has been associated with increased spoilage rates and inconsistent fruit quality. The new containerized model places produce inside climate‑controlled units that function as mobile cold‑rooms throughout transit, minimizing handling, sustaining consistent temperatures, and reducing waste. Raul Saca, Senior Vice‑President of Global Logistics at Fresh Del Monte, said in a news release, 'Customer satisfaction starts long before the fruit reaches the shelf—it begins with how we move it. By transitioning to dedicated container vessels, we're not only improving cold chain reliability and minimizing damage but also creating a more agile, scalable logistics model that better serves our retail partners across Asia.' Incorporated into the new shipping system are CMA CGM's CLIMACTIVE controlled‑atmosphere containers and smart container technologies. These systems slow down ripening, preserve nutritional content, and enable real‑time monitoring of conditions during transit, offering extended visibility over the cold chain. Bo Wegener, Chief Executive Officer of CMA CGM Asia Pacific, added that the collaboration reflects both firms' shared, 'This partnership with Fresh Del Monte reflects our shared commitment to innovation, sustainability, and customer satisfaction. In addition to benefits from containerization, CMA CGM's expertise in fruits and fresh produce logistics offers improved solutions that add value to both producers and consumers.' Beyond quality improvements, the containerized approach delivers environmental advantages. Its greater operational efficiency lowers carbon emissions by minimizing unnecessary handling and streamlining logistics. CMA CGM has pledged to reach net‑zero carbon by 2050, while Fresh Del Monte is committed to science‑based emissions reduction targets. The post Fresh Del Monte and CMA CGM shift to containerized produce to improve quality appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

China's Baby Benefits Are Tiny. That Isn't the Point
China's Baby Benefits Are Tiny. That Isn't the Point

Bloomberg

timean hour ago

  • Bloomberg

China's Baby Benefits Are Tiny. That Isn't the Point

No longer the most populous nation and confronted with projections that its citizenry will dwindle significantly in a couple of generations, China is trying something new. The message is more telling than the substance. Beijing announced last week it will subsidize households to have children. Babies born after Jan. 1 this year will receive 3,600 yuan ($500) annually until age three. While not a large amount, it represents a further step away from rules imposed in the 1970s that constrained fertility. There's much to be said for starting small and scaling up. It's not hard to see the money being increased — and extended to all children.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store