Goldman's Shan on China Economy, Anti-Involution
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Yahoo
23 minutes ago
- Yahoo
Analysts react to Japan's Nikkei scaling record high
TOKYO (Reuters) -Japan's Nikkei gauge of blue-chip stocks powered to a record high on Tuesday, taking its cue from all-time peaks scaled by many global markets this year. Here are analysts' comments about the rally in Japanese stocks: SHOICHI ARISAWA, GENERAL MANAGER OF THE INVESTMENT RESEARCH DEPARTMENT AT IWAICOSMO SECURITIES, TOKYO "The speed of the rally in the past few days is too fast. It is surprisingly fast particularly because we have not seen any new positive market-moving catalysts. "Japanese shares were lagging behind other countries, particularly in Europe. European shares rose because investors shifted their focus away from the U.S. "Japan has become a target now because the country's corporate outlook is good and the impact of U.S. tariffs seems not as serious as the market had expected. There will be more companies which will revise up their outlook due to the limited impact of the U.S. tariffs. The yen remains weak, which is also positive for Japanese companies." MATT SIMPSON, SENIOR MARKET ANALYST, CITY INDEX, BRISBANE "Whether we call it the Trump pump or the Taco trade, it's all the same really. Asian indices are broadly higher on headlines of the U.S. and China extending their trade truce by 90 days. "The Topix may have been first to its record it just seemed a matter of time before the Nikkei joined the club." TAKAMASA IKEDA, SENIOR PORTFOLIO MANAGER AT GCI ASSET MANAGEMENT, TOKYO "The Nikkei was not able to hit a record until today because chip-related shares and auto shares dragged the index. The Nikkei could soon peak as technology shares that led the Wall Street's rally have slowed down." NORIHIRO YAMAGUCHI, ECONOMIST, OXFORD ECONOMICS, TOKYO "Japanese equities are rising sharply due to a combination of positive factors, including the extension of U.S.-China tariff talks, the correction of tariff structures on Japanese product by the U.S., and the weak yen. "Trading volumes are low because it is the Obon holiday in Japan now. This is a time when equity prices tend to fluctuate significantly both up and down. Volatility is likely to remain high for the time being." HIROYUKI UENO, CHIEF STRATEGIST AT SUMITOMO MITSUI TRUST ASSET MANAGEMENT, TOKYO "The Nikkei could cross the 43,000 level. Investors who did not expect this sharp rise are scooping up stocks in a hurry. "U.S. economy is better than the market had expected earlier this year. And if the Fed starts cutting rates, shares are only going to go up. The Japanese corporate outlook is also better than the market had expected."
Yahoo
23 minutes ago
- Yahoo
Sino Jet Expands Charter Fleet with Gulfstream G650ER
HONG KONG, Aug. 11, 2025 /PRNewswire/ -- Sino Jet has officially incorporated the Gulfstream G650ER into its charter fleet. Recognized globally as a benchmark for ultra-long-range business jets, this model will expand long-distance travel options for private jet clients, particularly satisfying the needs of intercontinental business travel. The Gulfstream G650ER is renowned for its ultra-long-range capability of 13,890 kilometers, allowing for nonstop flights such as Beijing to New York and Singapore to London. With a maximum cruise speed of Mach 0.925, it is one of the fastest business jets in the world. The aircraft features a 15-seat cabin designed with advanced noise-reduction technology and a fully pressurized cabin system, maintaining a comfortable cabin altitude of 2,400 meters even on flights exceeding 10 hours. Since its entry into service in 2012, the G650ER has set more than 125 city-pair speed records, making it one of the most preferred aircraft for intercontinental travel among high-net-worth individuals and global business leaders. As the operator with the largest fleet of Gulfstream G650 aircraft worldwide, Sino Jet aims to enhance its charter services by introducing this flagship model. A representative from Sino Jet commented, "The G650ER will be based in Asia and will complement our existing models, such as the G550. By leveraging the differences in cabin capacity, range efficiency, and operating costs, we can offer our clients more tailored aircraft solutions that precisely meet their needs". Sino Jet, headquartered in Beijing, has operational bases in over 20 cities across the globe, including key locations in China, Southeast Asia, the Middle East, North America, and Europe. The company provides a comprehensive range of services, including aircraft procurement, management, charter, ground services, business aviation terminal operations, and luxury travel, delivering business aviation solutions through "seamless integration of ground and air services" to clients worldwide. With a fleet size that has been the largest in the Asia-Pacific region for six consecutive years, Sino Jet is renowned for its commitment to the highest safety standards, its robust comprehensive service capabilities, and its innovative approach in the business aviation industry, earning it the distinction of being the World's Leading Business Aviation Company for many years. For queries please contact:Sino Jet Marketing DepartmentTelephone: (+852) 2588 7007 / (+86 10) 8416 2637Email: marketing@ / marketing@ View original content to download multimedia: SOURCE Sino Jet
Wall Street Journal
25 minutes ago
- Wall Street Journal
China Creates World's No. 1 Shipbuilder, Driven by Rivalry With U.S.
A $16 billion merger of two state-controlled shipbuilders in China is set for completion this week, creating the world's biggest shipbuilder while the U.S. searches for a path back into the business. American shipbuilders are playing catch-up after decades of maritime-industry decline, though President Trump's ambitious plans to revive American shipbuilding have hit snags recently. In the shorter term, Trump's threat to impose higher fees on ships made in China is giving South Korean and Japanese rivals an opening to win back market share.
