May 02 (Blockworks Macro) - Ever since Warren Buffett's endorsement of Japan equities during his recent visit to Tokyo, weekly data from Japan Ministry of Finance shows foreign investors have been buying the most Japan equities on record.
This coincides with Japan equity indices' recent outperformance relative to its developed market majors. However, Weston Nakamura warns of a key resistance level on the horizon for the Nikkei 225 index.
According to the Ministry of Internal Affairs and Communications' household survey, real consumer spending in households of two or more people fell by 3.2% in the 2023 fiscal year compared to the previous year. This marks the first decrease in three years, directly impacted by rising prices.
In response to the pressing issue of labor shortages in the logistics industry, Japan Post and Seino Transportation have announced the initiation of joint transportation for long-distance routes.
The Japan Truck Show 2024 is currently underway at Pacifico Yokohama, showcasing the latest technologies in a climate of logistical concerns, including a shortage of drivers.
The preliminary route plans have been consolidated for a third road linking Kitakyushu City in Fukuoka Prefecture and Shimonoseki City in Yamaguchi Prefecture, including a 2.2 kilometer bridge spanning Kanmon Straits between Honshu and Kyushu.
Thirty years ago, Japan experienced significant economic changes. Due to the strong yen, many rebate sales were held. Even supermarkets frequently had sales on imported goods, showing how different times were then.
Mother's Day, a tradition celebrated on May 12 since its establishment in 1947, showcases diverse regional preferences in gift-giving across Japan, highlighting local cultural values and economic conditions.
A new video captured by drone featuring the Maritime Self-Defense Force's escort ship "Izumo" has surfaced, with additional footage purportedly showing the U.S. Navy's nuclear-powered aircraft carrier "Ronald Reagan" from above.
Located in the Northern Alps, at an altitude of 2,898 meters on Mount Kasa, this 'horse snow figure' was traditionally used as a sign to begin agricultural work.
