Japan Business Sentiment Improves Despite Tariff Concerns
Contrary to popular belief, confidence among Japanese large manufacturers rose unexpectedly in June as compared to March, according to the Bank of Japan’s quarterly Tankan Survey. The headline index for big manufacturers’ business confidence climbed to +13 in June, up from +12 in March, surpassing market forecasts of +10. This
BOJ Eyes Inflation-Driven Boom in Financial Services
According to the Bank of Japan (BOJ), the rising inflation and interest rates will likely increase the demand for novel financial solutions. An executive from the bank mentioned that Japan needs to focus on digitalisation of its financial services to cater to the demand of households. According to Reuters, Japanese
