White House posts Fact Sheet on US-Japan alliance and stated it welcomes a second tranche of Japanese investments and that US and Japan reached a critical minerals action plan
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White House posts Fact Sheet on US-Japan alliance and stated it welcomes a second tranche of Japanese investments and that US and Japan reached a critical minerals action plan
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hongkong Land (HKL SP) acquires a 10.8% stake in Suntec Real Estate Investment Trust (SUN SP) for SGD 541mln
Rio Tinto (RIO AT) shuts its Amrun and Andoom bauxite mines in northern Australia as Tropical Cyclone Narelle makes landfall, bringing winds of 195 km/h and heavy rainfall, with safety measures activated
On the Newsquawk feed at , 20 minutes before this page.
Context
The White House's announcement regarding the US-Japan alliance, particularly the welcome for Japanese investments and the new critical minerals action plan, signals a strengthening of economic ties. This could have implications for metal commodities, particularly those involved in critical minerals, as well as support for the JPY against other currencies like the USD if investor sentiment turns positive around the Japanese economy.
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