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Japan stocks hit 1 year high on US trade deal, Ishiba speculation
Japan stocks hit 1 year high on US trade deal, Ishiba speculation

Nikkei Asia

time23-07-2025

  • Automotive
  • Nikkei Asia

Japan stocks hit 1 year high on US trade deal, Ishiba speculation

Since the U.S. introduced "reciprocal" tariffs in early April, Japan has been trying to negotiate a deal, but the talks became snagged over a separate 25% levy on cars. (Photo by Shintaro Ino) JADA NAGUMO TOKYO -- Japanese stocks jumped more than 3% Wednesday to reach a one-year intraday high, as a trade deal between Tokyo and Washington brought relief to investors. Speculation over the likelihood that Prime Minister Shigeru Ishiba will resign also pushed the yen lower, while propelling stocks higher. U.S. President Donald Trump said the two countries reached a deal under which Japan will invest $550 billion in the U.S. and pay a 15% 'reciprocal' tariff on exports. Washington had previously announced a 25% tariff that was to go into effect on Aug. 1.

Australian real estate lures investors seeking alternative income
Australian real estate lures investors seeking alternative income

Nikkei Asia

time15-07-2025

  • Business
  • Nikkei Asia

Australian real estate lures investors seeking alternative income

The real estate sector in Sydney and other big Australian cities is attracting growing interest among overseas investors. © Reuters JADA NAGUMO TOKYO -- Investors hunting for some safe haven income are turning to Australia's growing real estate sector, boosting companies that help them direct their money into loans to property developers. The country's robust but predominantly inwardly focused economy, contained inflation and growing population make it a safe and stable investment destination with lower levels of volatility, according to Zagga, a player in the country's private real estate credit market.

BOJ survey signals resilience in Japanese business mood
BOJ survey signals resilience in Japanese business mood

Nikkei Asia

time01-07-2025

  • Business
  • Nikkei Asia

BOJ survey signals resilience in Japanese business mood

The Bank of Japan's Tankan survey for the April-June period was its first since U.S. President Donald Trump's announcement of "reciprocal" trade tariffs. (Photo by Maho Obata) JADA NAGUMO TOKYO -- Business sentiment among large Japanese manufacturers improved for the first time in two quarters in the April-June period, according to the latest survey by the country's central bank. The Bank of Japan on Tuesday released its quarterly Tankan survey, with the headline diffusion index (DI) among large manufacturers coming in at 13, slightly up compared with plus 12 in January-March. The median forecast in a QUICK survey of economists was plus 10.

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