The combined group net profits of Japan’s five major banking groups in April-June increased 2.7% from a year earlier to ¥1.375 trillion ($9.34 billion), due partly to growth in income from their lending operations reflecting interest rate hikes by the Bank of Japan, according to their earnings reports released by Monday. Net profit grew 1.5%
(TNND) — Commercial real estate “continues its recovery journey” despite headwinds from tariffs, geopolitical conflicts and other uncertainties, according to Henry Chin, CBRE’s global head of research. CBRE, the world’s largest commercial real estate services and investment firm, released its midyear commercial real estate outlook. Commercial real estate investment activity should increase 10% this year,
The White House’s trade agreements with Japan and the EU were in part designed with the intention of reducing the trade deficit with both of these trading partners — never mind that trade deficits are not inherently bad. The agreements also involve massive commitments from Japan and Europe to invest more in the U.S. Last
The Finance Ministry on Tuesday upgraded its economic view on Okinawa Prefecture, reflecting robust vehicle sales and an increase in Japanese and foreign tourists. In a quarterly report, the ministry left its view on the other 10 regions unchanged. It also adopted the same national economic assessment for the ninth straight quarter, saying that the
Evan Guido | Special to the Herald-Tribune In early 2025, Constellation Brands – maker of Modelo, Corona, and Pacifico – was a staple of our Aksala Dividend & Growth Portfolio. It had everything we look for: category-leading brands, consistent dividend growth, and a strong consumer following, especially among the Hispanic community in the U.S. But
The Indian stock markets began trading on Monday in red. The BSE Sensex crashed close to 250 points and stood at 81,214 , while the NSE Nifty tanked 70 points to trade at 24,764, as of 9:15 AM. In the pre-open session, the Sensex declined more than 150 points and slipped under 81,300, while the
ISTANBUL Top financial officials from the G20 major economies expressed worries about the effects of US President Donald Trump’s high tariffs on the global economy at a meeting in South Africa, Japanese news agency Jiji Press reported Friday. Japanese Finance Minister Katsunobu Kato told reporters on Thursday, day one of a two-day gathering of G-20
Mark Niquette and Michael Sasso | Bloomberg US manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the president’s erratic trade policy risks tempering any pronounced pickup in capital investment. Many producers this year had put spending plans on hold due to uncertainty surrounding the tax and spending legislation
Help from the Federal Reserve in the form of lower benchmark rates is unlikely to arrive this month. The CME Group’s FedWatch tool on Tuesday showed that 95% of interest rate traders believe the federal funds rate will remain in a range of 4.25% to 4.5% when the Federal Open Market Committee meets at the
The ASX 200 has zig-zagged as investors brace for Donald Trump’s 90-day tariff pause to end this week and await another cut from the RBA. Materials companies led the charge in the first 45 minutes of trading on Monday with Origin Energy jumping 5.7 per cent and Bellevue Gold adding 5.4 per cent while finance