Japanese Finance Minister Katayama says not in a situation where an extra budget is needed, adds have JPY 1tln in reserve funds in FY26 budget, but stated there's no immediate need for an extra budget
Japanese Finance Minister Katayama's comments signal that the government believes current fiscal measures are sufficient, with no immediate plans for an extra budget despite having significant reserve funds.
Samsung Electronics (005930 KS) union says Co. has not responded as the 10:00am local time deadline approaches
Mexican President Sheinbaum announces resignation of Pemex CEO
Japanese Finance Minister Katayama says not in a situation where an extra budget is needed, adds have JPY 1tln in reserve funds in FY26 budget, but stated there's no immediate need for an extra budget
PRE-MARKET TAIWAN & SINGAPORE STOCKS NEWS: Hon Hai Precision Industry (2317 TT) - Co. Q1 (TWD) net rose 19% Y/Y to 49.92bln, operating profit rose 63% Y/Y to 75.6bln, rev. rose 29% Y/Y to 2.12tln
[MARKET UPDATE] Precious metals extend on recent declines with spot gold down around 0.5%, while silver leads the declines with losses of around 1.3% to trade beneath USD 83/oz
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This stance could indicate a stable economic outlook, potentially affecting JPY stability and market sentiment in commodities like metals, which are influenced by Japanese economic policy.
Related headlines
- Japanese PM Takaichi says Japan will strengthen and diversify energy supplies, including oil, while boosting cooperation on critical minerals and supply-chain resilience with the US, Australia and other partners7 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd18 hours ago
- Newsqawk European Market Wrap - 9th September 20262 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 2 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports3 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent6 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened7 hours ago
- Japanese Machine Tool Orders (Aug YY) 64.7% (Prev. 50.4%)10 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 202610 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war12 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates13 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week13 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes13 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging16 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks16 hours ago
- Japanese Reuters Tankan Index (Sep) 21 (Prev. 18)17 hours ago
- Newsquawk Daily Asia-Pac Opening News - 9th September 202618 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 19 hours ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI20 hours ago
- Swiss Government has banned the purchase and import of gold originating in Sudan36 min ago
The whole workspace, free to try.
Try it free