logo
#

Latest news with #AkiraKodaka

Japan retail investors drawn to JGBs with returns at 17-year high
Japan retail investors drawn to JGBs with returns at 17-year high

Nikkei Asia

timea day ago

  • Business
  • Nikkei Asia

Japan retail investors drawn to JGBs with returns at 17-year high

Bonds Households play growing role in absorbing supply as institutions hold off on buying The coupon on 10-year floating-rate Japanese government bonds for individuals topped 1% in July, its first time in that territory since 2008. (Photo by Akira Kodaka) YUKA KAWAI and TAKAHISA TAMURA TOKYO -- Retail investors are emerging as significant players in the market for Japanese government bonds, drawn by coupon rates that have reached their highest point in nearly two decades, even as demand from institutional investors flags. Individuals can purchase three types of JGBs: a 10-year floating-rate bond whose coupon changes every six months based on market rates, and three- and five-year fixed-rate bonds whose coupons are locked in at issuance. The coupon on the 10-year bonds, once as low as 0.05%, has steadily risen since 2022, topping 1% for the first time since 2008 this July.

Asian stock rally makes some analysts uneasy
Asian stock rally makes some analysts uneasy

Nikkei Asia

time3 days ago

  • Business
  • Nikkei Asia

Asian stock rally makes some analysts uneasy

Asian stocks on the rise, buoyed by fiscal stimulus, monetary easing in most countries and investor enthusiasm for artificial intelligence. (Photo by Akira Kodaka) LISA KIM TOKYO -- Some market analysts are watching valuations of Asian stocks more closely, as equities have been upbeat over the past few months despite the U.S.'s global trade war. "Equity market valuations are back to reflecting a very rosy outlook despite very few of the downside risks having gone away," said Thomas Poullaouec, head of multiasset solutions for Asia Pacific at T. Rowe Price in Singapore. This warrants "caution should things disappoint."

Yen sustains gains on upper house election outcome
Yen sustains gains on upper house election outcome

Nikkei Asia

time22-07-2025

  • Business
  • Nikkei Asia

Yen sustains gains on upper house election outcome

The ruling coalition's loss in an upper house election held over the weekend was within investor expectations. (Photo by Akira Kodaka) LISA KIM and JADA NAGUMO TOKYO -- The Japanese yen continued to trade stronger against the dollar on Tuesday morning as the ruling coalition's loss in an upper house election over the weekend was within investor expectations. The currency traded in the mid-147 level, sustaining the roughly 1% appreciation it notched the previous day, which was a holiday in Japan. The yields on the benchmark 10-year Japanese government bond (JGB) hit 1.535% at one point on Tuesday, a basis point higher from Friday's closing. Yields move inversely to prices.

Yen sustains gains after ruling coalition's expected election loss
Yen sustains gains after ruling coalition's expected election loss

Nikkei Asia

time22-07-2025

  • Business
  • Nikkei Asia

Yen sustains gains after ruling coalition's expected election loss

The ruling coalition's loss in an upper house election held over the weekend was within investor expectations. (Photo by Akira Kodaka) LISA KIM and JADA NAGUMO TOKYO -- The Japanese yen continued to trade stronger against the dollar on Tuesday morning as the ruling coalition's loss in an upper house election over the weekend was within investor expectations. The currency traded in the mid-147 level, sustaining the roughly 1% appreciation it notched the previous day, which was a holiday in Japan. The yields on the benchmark 10-year Japanese government bond (JGB) hit 1.535% at one point on Tuesday, a basis point higher from Friday's closing. Yields move inversely to prices.

China stocks climb on higher dividends, led by bank shares
China stocks climb on higher dividends, led by bank shares

Nikkei Asia

time14-07-2025

  • Business
  • Nikkei Asia

China stocks climb on higher dividends, led by bank shares

Major Chinese banks are posting dividend yields of 4% to 5%, far above the average for CSI 300 companies as a whole. (Photo by Akira Kodaka) TOSHIHIRO SATO SHANGHAI -- Chinese stocks hit the highest level in three and a half years on Monday, lifted by anticipation of increased dividends and speculation about new measures to end a real estate downturn. The Shanghai Stock Exchange Composite Index rose for a third consecutive trading day to close at 3,519.65.

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