Society

What a Bank of Japan rate hike would mean for markets around the world

Dec 08 (Yahoo Finance) - Comments from Bank of Japan Governor Kazuo Ueda has traders thinking the central bank will be raising rates, ending it's longtime negative rates policy.

Omar Aguilar, Schwab Asset Management CEO & CIO, joins Yahoo Finance to discuss the Japanese economy and how it may impact US investors directly.

Aguilar comments on the BOJ ending their current policy: "It puts pressure on global yields for sure. I think competition for bonds will be there and therefore puts more pressure on US bonds. It clearly provides a very nice potential for a Yen appreciation going forward, because on the flip side as the Bank of Japan is trying to raise rates, we see the rest of the central banks potentially cutting rates so that provides a little bit of a tailwind for an appreciation of the currency in Japan. At the same time, it would potentially put a floor into the potential outperformance of Japanese stocks."

What Is Sanaenomics?

The economic policy bannered by Prime Minister Takaichi as “Sanaenomics” is beginning to take shape, with expectations centering on lower gasoline prices and the restart of electricity and gas subsidies even as critics say the program’s substance remains unclear and insufficiently developed; framed as a successor to Abenomics with greater emphasis on growth strategy, the plan raises questions about what will change in people’s daily lives and how the administration intends to run policy behind the scenes.

Typhoon No. 26 Forming, May Impact Japan

As of 3 p.m. on November 5th, a tropical depression over the sea near the Caroline Islands was slowly moving northward, with the Japan Meteorological Agency forecasting that it would develop into a typhoon within the next 24 hours. Once it forms, it will be designated as Typhoon No. 26.

Morning-After Pill to Be Sold Over the Counter by Year-End

Emergency contraceptive pills, used to prevent unintended pregnancies, are set to become available over the counter in Japan as early as by the end of this fiscal year, marking a major shift after nearly a decade of debate.

Crimes by U.S. Military Personnel Hit Record High in Okinawa

The number of U.S. military personnel arrested for criminal offenses in Okinawa has reached 77 so far this year, already surpassing the record total for all of 2024 as of the end of September.

Japan to Tighten Visa Rules on Foreigners Behind on Health Insurance

The Ministry of Health, Labour and Welfare plans to introduce a new system starting in June 2027 that will, in principle, deny changes or renewals of residence status for foreign residents who fail to pay their national health insurance premiums despite repeated requests for payment.

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