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Japan Economy and Markets (Page 4)

Bank of Japan decisions, economic data, trade figures, the budget and government bond auctions.

  1. Japan's Finance Minister Rules Out Special Bonds to Pay for the Food Tax Cut

    Finance Minister Katayama reaffirmed that Japan will pay for its planned food consumption-tax cut through spending and revenue reviews, not special deficit bonds, but left the size of next year's government bond issuance for a later stage of the budget process.

  2. Japan's Second-Quarter GDP Growth Holds at an Annualized 1.9% as Exports Cover for Weak Capex

    A 1.7% jump in exports covered for a 1% drop in business investment in the Cabinet Office's second look at April-June growth, released September 8, 2026.

  3. MUFG Securities to List Two New ETNs Tracking Japan Data-Center and Defense Stocks

    Two new exchange-traded notes tracking Japanese data-center infrastructure and defense stocks join Mitsubishi UFJ Securities Holdings' Tokyo-listed lineup from September 28, each with a ¥100bn issuance ceiling that reflects a cap set in the filing rather than money already raised.

  4. A Daiwa ETF Has Traded Nearly 10% Below Its Own Net Asset Value for a Week Straight

    Daiwa Asset Management says its human-capital and capex-themed ETF closed at ¥50,500 for seven consecutive sessions while net asset value climbed past ¥55,800, a gap it blames on trading too thin for arbitrage to close.

  5. A Mitsubishi UFJ ETF Can't Trade Anywhere Near Its Own Value

    Thin trading has left Mitsubishi UFJ's MAXIS JAPAN 200 Index ETF (1485) stuck 5-6.6% below its net asset value for seven straight sessions, and the manager says arbitrage simply isn't strong enough to close the gap.

  6. Mexico Prices Four-Tranche Yen Bond Sale, Locking In Rates Through 2046

    Mexico sold four tranches of SDG-labelled yen bonds at par, with coupons from 3.16% to 5.49% maturing between 2030 and 2046, underwritten jointly by five Japanese securities houses under a fresh ¥500bn shelf registration.

  7. Nomura Splits Six NEXT FUNDS ETFs by Up to 400-for-1

    Nomura Asset Management is splitting six NEXT FUNDS ETFs, including its Nikkei 225 and gold-price trackers, by ratios as steep as 400-for-1, while lifting the Tokyo Stock Exchange's minimum order from one unit to ten, a shuffle that still leaves each fund cheaper to buy than before.

  8. Daiwa Warns a Thinly Traded ETF Traded Below NAV for a Week, Peaking Near 10%

    Daiwa Asset Management says its iFreeETF MSCI Japan Human and Physical Investment Index fund (ticker 1479) closed as much as 10.2% below net asset value for seven straight sessions in August, blaming low trading volume for a broken arbitrage link and warning further gaps could recur.

  9. Daiwa applies a 100-to-1 reverse split to two shrunken inverse ETFs, cashing out small holders

    Daiwa Asset Management will merge every 100 units of its TOPIX and Nikkei 225 double-inverse ETFs into one on October 22, and unitholders below that threshold on October 21 will be bought out rather than rolled into the new unit count.

  10. Japan's July Exports Hit a Record, but the Trade Deficit Widens 306%

    July brought record Japanese export and import values, but the deficit widened 306% from a year earlier as a weaker yen inflated import costs and imports from the United States surged 58%.

  11. Nomura's Nikkei 300 ETF Trades Nearly 8% Below Its Own Net Asset Value

    Nomura Asset Management's Nikkei 300 exchange-traded fund (ticker 1319) traded as much as 7.87% below its net asset value over seven consecutive sessions through August 14, and the manager attributes the gap to market supply and demand conditions.

  12. Japan's economy grew 0.5% in the June quarter, but companies flinched on investment

    Real GDP rose 0.5% quarter on quarter (1.9% annualized) in the three months to June 2026 as households spent and exports outran imports, even as business investment fell 1%.

  13. Bank of Japan Adds AI Valuation Risk to Its List of Threats to Japan's Recovery

    Bank of Japan policymakers who met July 30-31 say AI-driven wealth effects are lifting consumer spending, but flag a reversal in AI profit expectations, alongside oil prices and Middle East tensions, as risks to growth.

  14. Daiwa's TOPIX High-Dividend ETF Points to a ¥5 Payout, Dwarfed by Its Treasury Funds

    Daiwa Asset Management is guiding unit holders toward a ¥5 per-unit distribution for its TOPIX High Dividend Yield 40 ETF ahead of the August 10 period-end, a fraction of the ¥38 and ¥15 estimates flagged for its two US Treasury ETFs, and all three figures can still move before the books close.

  15. Global X Japan Pencils In Zero Payout for Its China Tech ETF, ¥900 for the S&P 500 Covered-Call Fund

    A single notice from Global X Japan spans the extremes of income investing: its Japan-equity pricing-power fund is estimated to pay ¥1,300 per 100 units, while its China tech fund is estimated to pay nothing at all.

  16. Bank of Japan Minutes Show Ueda Absent, Bond Taper Held to ¥2.7tn a Month

    Governor Kazuo Ueda skipped the June policy meeting and filed a written opinion instead, while the Bank of Japan kept trimming bond purchases and left the overnight rate parked just above 0.72 percent.

  17. BOJ Outlook: Core Inflation to Clear 2% Later This Fiscal Year as Oil Prices Slow Growth First

    Wage pass-through, AI-driven chip prices and a weaker yen will push Japan's core inflation clearly above 2% in the second half of the current fiscal year, the Bank of Japan says, even as a Middle East-linked oil shock slows growth first.

  18. BOJ Holds Rate at 1.0% as Board Member Pushes for a Faster Hike

    The Bank of Japan kept its benchmark rate unchanged in an 8-1 vote, but board member Takata Hajime broke ranks to seek a quarter-point rise, citing inflation risk from overseas demand shocks.

  19. BlackRock Japan Moves to Wind Down Its ¥1.48bn SRI ETF

    BlackRock Japan is closing the iShares MSCI Japan SRI ETF after its unit count fell to 3.75 million, well below the 15 million threshold for staying listed, with an October 20 written-resolution vote that counts silent holders as a yes.

  20. Japan's Imports Hit an All-Time High in June, Widening the Trade Gap to ¥406.9bn

    Crude oil and semiconductor purchases pushed Japan's imports to their highest level ever recorded in June, outpacing a record June for exports and leaving the country in deficit for a second straight month.

  21. BOJ disburses ¥13.98tn under climate-lending facility, pushing outstanding balance to ¥24.94tn

    The Bank of Japan will settle a ¥13.98tn disbursement on July 21 under its climate-response funding operation, a one-year loan that lifts the facility's outstanding balance to ¥24.94tn and keeps cheap, BOJ-backed money flowing to banks' green and transition lending books.

  22. Typhoon-Driven Taiwan Market Halt Freezes Two Tokyo ETFs for a Day

    Amova Asset Management stopped taking new creation and redemption orders for two globally invested ETFs on July 10, 2026, after Taiwan's stock exchange shut for the session because of a typhoon.

  23. Global X estimates ¥300 distribution for shareholder-return ETF 465A

    The projected cash amount gives holders a working number ahead of July 4, but Global X Japan says creations and redemptions can still change the final payout.

  24. Tokyo-listed SPDR S&P 500 ETF shows ¥119,895 NAV and zero stated tracking gap

    The June 29 update values the fund at ¥126.65tn across 1,056,332,116 units, using a ¥161.76 dollar rate, and reports no day-on-day divergence from the S&P 500.

Japan Economy and Markets (Page 4) | Tokyo Brief