Subject


Japan


2024-08-26

[News] Japan Core CPI Picks Up, Market Expects Another Rate Hike by Year-End

The Japanese Ministry of Internal Affairs and Communications (MIC) released the consumer price data on August 22, showing that the July CPI increased by 2.8% year-over-year, the same as the previous month, and slightly above market expectations by 0.1%. This sustained growth was mainly due to a ...

2024-08-26

[News] Kioxia Filed for Listing, Reportedly Marking Japan’s Largest IPO of the Year

According to a report by the Nikkei, Japanese chip manufacturer Kioxia has submitted its initial public offering (IPO) application to the Tokyo Stock Exchange, triggering a long-awaited move as the development of artificial intelligence (AI) drives a surge in semiconductor demand. The company aims ...

2024-08-22

[News] Rapidus Reportedly Pursues JPY 100 Billion in Bank Financing for Mass Production

As per a report from Kyodo News on August 21st, that the Japan-based chip manufacturer Rapidus is expected to begin mass production of 2nm chips by 2027. To secure the necessary funds for semiconductor production, Rapidus is reportedly seeking JPY 100 billion in financing from banks. Reportedly, ...

2024-08-19

[News] TSMC to Break Ground on Germany Fab, with Overseas Investment Reportedly Amounting to nearly USD 100 billion

As per a report from Economic Daily News, TSMC’s first European 12-inch fab is set to hold its groundbreaking ceremony on August 20. Along with TSMC’s ongoing projects in Japan and the U.S., the investment has amounted to nearly USD 100 billion. Meanwhile, this move is also expected to generat...

2024-08-13

[News] A Quick Summary: Key Economic Indicators to Watch in the Week ahead

Over the past two weeks, the unexpected rate hike by Japan, coupled with weak U.S. manufacturing PMI and rising unemployment rates, sparked fears of an economic recession in the markets. Meanwhile the strengthening of the yen prompted a significant number of carry trade investors to sell assets to ...

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