iShares MSCI Japan Index Fund (ARCA: EWJ)

에 대한 최신 뉴스 iShares MSCI Japan Index Fund (ARCA:EWJ)

iShares MSCI Japan Index Fund

Industrials

Technology

Consumer Cyclical

Financial Services

Healthcare

Communication Services

Basic Materials

Consumer Defensive

Real Estate

Energy

Utilities

The fund will at all times invest at least 90% of its assets in the securities of its underlying index and in depositary receipts representing securities in its underlying index. The underlying index primarily consists of stocks traded on the Tokyo Stock Exchange. It will include large- and mid-capitalization companies and may change over time.

Toyota Motor Corp

Mitsubishi Ufj Financial Group Inc

iShares MSCI Japan ETF

Asia

Global

ITOCY

MARUY

MITSY

MSBHF

SSUMY

블랙스톤(NYSE:BX)과 같은 거대 사모펀드들은 애완동물 케어부터 부동산에 이르기까지 미국 시장의 모든 것을 삼켜버린 것처럼 보이며 심지어 스포츠 팀 인수까지 노리고 있다. NYC에 본사를 둔 이 투자 관리 회사는 일본 시장이라는 새로운 기회에 주목했다. 어떤 일이 (What Happened): 닛케이 아시아(Nikkei Asia)는 블랙스톤이 2027년까지 일본에 96억 달러를 투자할 계획이라고 보도했다.

거대 사모펀 블랙스톤, 일본 시장에 2027년까지 96억 달러 투자 계획: 보도

iShares MSCI Japan Value ETF

Macro Economic Events

News

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Household Spending (MoM) For May -0.3% Vs. 0.5% Est.; -1.2% Prior

Reported Earlier, Japan Household Spending (YoY) For May -1.8% Vs. 0.2% Est.; 0.5% Prior

Donald Trump's allies are assuring officials in Japan and South Korea that the Republican presidential candidate will support a Biden-era effort to deepen three-way ties aimed at countering China and North Korea, five people familiar with the conversations said.
In conversations over the past weeks, policy advisers with Trump's ear have delivered this message to officials in Seoul and Tokyo: if Trump takes office again, the ex-U.S. president will support the two capitals' work to warm once-frigid ties and advance military, economic and diplomatic cooperation to ease global tensions, the people said.
The conversations were described to Reuters by Republicans and officials from each of the Asian countries, several of whom were directly involved.
The previously unreported push is part of an effort by Trump's allies to convince Washington's closest friends in Asia that his smash-mouth approach to traditional alliances ends at the shores of the Indo-Pacific.
There, the U.S. faces ramped-up tensions over Taiwan and the South China Sea, a new Chinese partnership with Russia, and Russian President Vladimir Putin's courtship of North Korea.
"I reassured them that the alliance will be strong, that Trump recognizes we have to work closely with our allies to defend their interests," said Fred Fleitz, a former chief of staff in Trump's National Security Council, who traveled to Japan and met officials there including national security adviser Takeo Akiba this month.
These conversations carry extra weight after Biden's disastrous debate performance on Thursday, which may push undecided voters toward Trump and has spurred calls for him to step aside in the 2024 race.
Trump allies have floated other foreign policy plans if he wins in November, including a Ukraine peace plan and one to restructure NATO funding. The reassurances to Japan and South Korea go further because they include direct talks with foreign officials. In May, former Trump foreign policy officials met Israel's Prime Minister Benjamin Netanyahu.
The Trump campaign has not confirmed whether he would accept these proposals.
"No one has the authority to speak to a foreign government and make promises on behalf of President Donald Trump," said Chris LaCivita, senior adviser to the Trump campaign, when asked about the assurances. The policy section of the Trump campaign's website does not address the topic.
Fleitz said he was not speaking for Trump and instead offering an assessment based on his experience with the candidate. He said the U.S., Japan and South Korea would likely work together to counter China and North Korea under another Trump term.
Dozens of meetings have been taken or scheduled at the highest levels of the Japanese and South Korean governments with right-wing think tanks, such as America First Policy Institute, the Heritage Foundation and the Hudson Institute, known to be planning policy Trump could deploy in 2025, sources said.
One Asian official briefed on the recent regional meetings with Trump allies said their government was taking the meetings seriously and considered them a plausible representation of where Trump may stand.
&nbsp;
TRUMP SECOND TERM PLANS
The conversations show the serious, early effort by Trump allies to sketch policy priorities for a second Trump presidency months before the 2024 U.S. election, in which Trump is leading in battleground states that could decide the race.
Trump's 2016 election win took countries by surprise and left them scrambling to understand the new president's views as he hastily assembled White House advisers.
The consortium of conservative think tanks known as "Project 2025" making detailed plans for a second Trump presidency describe South Korea and Japan in their playbook as "critical allies" in the military, economy, diplomacy and technology.
But the playbook also calls for pushing South Korea "to take the lead in its conventional defense against North Korea," reflecting Trump's concern about taking on too much financial responsibility for other countries' security. Project 2025 has said it does not speak for the Trump campaign.
&nbsp;
BACKING BIDEN PLAN
Still, the outreach by Republicans to Asia represents one narrow area of potential continuity between Trump and Biden.
The Democratic U.S. president took over from Trump in 2021 after a bitter election campaign and has prioritized elevating traditional alliances like those Trump sometimes disparaged.
Biden encouraged South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida to work together and overcome decades of mutual suspicion and enmity.
The effort culminated in a Camp David summit between the leaders last summer that pledged new defense cooperation amid North Korean leader Kim Jong Un's nuclear threats and Chinese President Xi Jinping's sovereignty claims over democratically governed Taiwan.
"My view, and President Trump shares this, is the deeper we can make the economic ties between the three countries, the stronger the bonds will be," said Senator Bill Hagerty of Tennessee, who served as ambassador to Japan in the Trump administration, remains in touch with Asian governments and is seen by some in those circles as a likely Trump second-term appointee.
Another former Trump official described the conversations as partly campaign tactics, adding that, "the main charge of the Democrats is that he abandoned friends and allies and acted alone. He's now more careful not to give Democrats any new room for attack."
&nbsp;
WELCOME SIGNAL
In Seoul and Tokyo, where officials are weighing a possible Trump return to office, Republican messages of solidarity have been received as a welcome signal that Trump's Asia policy may vary from the hard-nosed approach that rankled allies from Ottawa to Brussels.
While polls show Biden and Trump in a close race, Yoon and Kishida face withering public opinion polls at home, raising the question of whether the spirit of Camp David will endure a change of leadership in any of the three countries.
South Korea's foreign ministry said in a statement that it "is not only necessary but also natural" for the three countries to work together, and that the effort had won bipartisan support in the United States, including during the prior administration.
Spokespeople for the Biden campaign, the White House and the Japanese foreign ministry did not respond to a request for comment.
"I don't see any reason why trilateral cooperation would languish at all," said Alexander Gray, a former chief of staff of the White House National Security Council under Trump and now CEO of American Global Strategies, a Washington based think tank. "There's a general concern, that I think is unfounded, that President Trump would abandon things that Joe Biden started and, you know, just abandon them because Joe Biden was involved in them." (Reporting by Trevor Hunnicutt and Michael Martina in Washington, John Geddie in Tokyo and Hyonhee Shin in Seoul; Additional reporting by Tim Kelly, Gram Slattery, and David Brunnstrom; Writing by Trevor Hunnicutt. Editing by Heather Timmons and Josie Kao)

Politics

General

'Trump Will Encourage Japan, South Korea Ties, Allies Tell Foreign Officials' - Reuters News

ACLS

Axcelis Technologies Establishes New Service Offices in Chitose and Kumamoto to Support Expanding Customer Base in Japan

Reported Earlier, au Jibun Bank Japan Services Purchasing Managers' Index (PMI) Preliminary 49.8 Vs. 53.8 Prior

Reported Earlier, Japan National Core Consumer Price Index (YoY) For May 2.5% Vs. 2.6% Est.; 2.2% Prior

Apple Vision Pro will launch in China mainland, Hong Kong, Japan, and Singapore on June 28 and in Australia, Canada, France, Germany, and the United Kingdom on July 12. Your apps and games will be automatically available on the App Store in regions you've selected in App Store Connect.
&nbsp;
<a href="https://developer.apple.com/news/?id=is9ltg6s" title="https://developer.apple.com/news/?id=is9ltg6s">https://developer.apple.com/news/?id=is9ltg6s</a>

AAPL

'The App Store on Apple Vision Pro expands to new markets' - Apple Update

Japan Industrial Production (MoM) For April -0.9% Vs. -0.1% Est.; 4.4% Prior

Japan Interest Rate Decision Unchanged At 0.10%

Former President Donald Trump has changed the Republican Party&#8217;s economic policy in recent years, opting for <a href="https://www.benzinga.com/news/24/02/37297217/you-screw-us-we-screw-you-trump-vows-to-impose-retaliatory-tariffs-against-china-or-any-other-countr">protectionism and tariffs</a> in a historic departure from conservative norms. Trump floated a new policy idea to CEOs and lawmakers in a meeting ahead of <a href="https://www.benzinga.com/topic/2024-election">the 2024 election</a>.
What Happened: Citing anonymous sources, CNBC reporter Emily Wilkins <a href="https://x.com/emrwilkins/status/1801259034734985607">wrote</a> Trump floated the idea of eliminating income taxes in favor of an &#8220;all tariff policy&#8221; to lawmakers and CEOs on Thursday.
<a href="https://www.cnbc.com/2024/06/05/donald-trump-attends-private-ceo-meeting.html">According</a> to CNBC, Trump is joined at a Business Roundtable meeting by influential business leaders, including Blackstone CEO Steve Schwarzman, JPMorgan Chase CEO Jamie Dimon, Carlyle Group CEO Harvey Schwartz and AT&amp;T CEO John Stankey, among others.
While the roundtable historically approved of Trump&#8217;s tax policies, it has turned a less favorable eye to his protectionist tariffs. Trump&#8217;s tariffs have historically <a href="https://www.benzinga.com/news/24/04/38136283/donald-trumps-china-tariff-push-could-slow-down-economy-and-fuel-inflation-goldman-sachs-cautions">targeted Chinese goods</a>, intending to help domestic manufacturing and workers.
Why it Matters: Trump&#8217;s policy would likely act as <a href="https://www.benzinga.com/personal-finance/24/06/39235281/wealthy-households-looking-to-benefit-most-from-trumps-proposed-10-12-trillion-tax-cuts">a highly regressive tax</a>, benefitting the wealthy while straining lower-income Americans&#8217; pocketbooks. About 40% of Americans, those typically in low-income households, <a href="https://www.statista.com/statistics/242138/percentages-of-us-households-that-pay-no-income-tax-by-income-level/#:~:text=In%20total%2C%20about%2059.9%20percent,paid%20no%20individual%20income%20taxes.">pay</a> no income tax; instead, they would be burdened by higher prices for goods. Low-income individuals&#8217; spending on goods accounts for a higher percentage of their total net worth than high-income individuals.
Trump&#8217;s tariff policy, enacted when he was in office, raised only $63 billion in 2019, <a href="https://www.npr.org/2019/08/07/749163931/trumps-tariff-bounty-how-much-the-u-s-has-brought-in-and-where-the-money-is-goin">according</a> to NPR. The federal government <a href="https://fiscaldata.treasury.gov/americas-finance-guide/government-revenue/">raised</a> $1.7 trillion through income taxes in 2024. A rebalancing of federal tax income would either require an extreme increase in tariffs, a reduction in government spending (likely on Social Security or Medicaid), or both.
In a <a href="https://x.com/paulkrugman/status/1801296665451593868">post</a> on X, economist Paul Krugman estimated that Trump would need to implement an average tariff rate of 133 percent to sustain the policy.
Markets Implication: Trump&#8217;s &#8220;all tariff policy&#8221; would likely be bad news for sectors heavily reliant on imports. 
Companies in the Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) and Vanguard Consumer Discretionary ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>) may face much higher import costs for goods. Many technology companies rely on global supply chains and may be subject to increased costs due to tariffs on imported components. ETFs like the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) and Vanguard Information Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGT#NYSE">VGT</a>) could be affected.
In contrast, ETFs reliant on domestic manufacturing could stand to benefit. An example is the First Trust RBA Amer Industrial Renaissance ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRR#NASDAQ">AIRR</a>). 
If Trump specifically targets Chinese goods, it could be good news for other international manufacturers. The iShares MSCI Japan ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWJ#NYSE">EWJ</a>) and iShares MSCI South Korea ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWY#NYSE">EWY</a>) are examples of international funds that could export more goods to the U.S. in China&#8217;s absence.
Some Trump critics, including ex-Treasury Secretary Larry Summers, have warned that Trump&#8217;s economic plan would lead to a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39131503/ex-treasury-secretary-larry-summers-warns-trumps-re-election-may-push-mortgage-rate">rapid increase in inflation </a>and mortgage rates; such a result would affect the entire economy negatively.
Also Read: <a href="https://www.benzinga.com/news/24/05/38791491/biden-vs-trump-incumbent-fails-to-win-voter-confidence-to-steer-economy-as-new-poll-identifies-infla">Biden Vs. Trump: Incumbent Fails To Win Voter Confidence To Steer Economy As New Poll Identifies Inflation As Major Pushback</a>
Photo: <a href="https://www.shutterstock.com/g/devonyu">Feng Yu</a> via Shutterstock

Government

ETFs

AIRR

Select Sector SPDR-Consumer Discretionary

No Income Tax, Yes To High Import Tariffs? Trump Floats Idea To CEOs, GOP Lawmakers

Reported Earlier, Japan BSI Large Manufacturing Conditions For Q2 -1.0 Vs. -5.2 Est.; -6.7 Prior

Macro Notification

BOJ To Consider Reducing Government Bond Purchases

Private equity giants such as Blackstone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) have seemingly gobbled up everything in the United States market, from <a href="https://www.google.com/search?q=rover+blackstone+benzinga&amp;oq=rover+blackstone+benzinga&amp;gs_lcrp=EgZjaHJvbWUyCQgAEEUYORigATIHCAEQIRigATIHCAIQIRigATIHCAMQIRigATIHCAQQIRigAdIBCDI2MjZqMGo5qAIAsAIB&amp;sourceid=chrome&amp;ie=UTF-8">pet care</a> to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37719939/is-it-time-to-buy-the-commercial-real-estate-dip-the-worlds-biggest-private-equity-">real estate</a>, even eying a <a href="https://www.benzinga.com/general/sports/24/05/38710804/nfl-rule-could-open-door-for-big-money-investors-will-your-team-go-up-for-sale">purchase of sports teams</a>. The NYC-based investment management company has eyed a new opportunity: <a href="https://www.benzinga.com/topic/japan">the Japanese market</a>. 
What Happened: Nikkei Asia <a href="https://asia.nikkei.com/Business/Finance/Blackstone-eyes-10bn-in-Japan-deals-amid-buyout-fund-influx">reported</a> that Blackstone is planning to invest $9.6 billion in Japan by 2027.
&#8220;There are a number of factors that have come together that have really accelerated growth in the Japanese economy as well as investment opportunities,&#8221; Blackstone President Jonathan Gray told Nikkei. &#8220;It&#8217;s been the return of inflation to the Japanese economy, the strength in the stock market, the policies under Prime Minister [Fumio] Kishida, which have encouraged individual Japanese to move from savers to investors, which we think is very important, the encouragement of companies to focus on return on equity and to look at selling noncore divisions.&#8221;
The iShares MSCI Japan ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWJ#NYSE">EWJ</a>) is up over 9% in 2024 and the Japanese Yen is as weak against the U.S. Dollar as it has been in several decades.
Why it Matters: Blackstone is not alone in pursuing opportunities in the Japanese market. Investment managers, including Bain Capital and KKR &amp; Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>), are increasingly favoring Japan rather than China and India for investment opportunities.
Carlyle Group, which has previously invested in Japan, saw an internal rate of return of 28%, compared with around 8% to 14% for major Carlyle funds with focuses in Europe or Asia, according to Nikkei.
Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) has made several investments in Japan in recent years. CEO Warren Buffett famously <a href="https://www.nytimes.com/2008/10/17/opinion/17buffett.html">prefers</a> to invest in American companies, but a favorable Japanese interest rate environment led Berkshire to take stakes in the following Japanese conglomerates in 2020:
<ul>
<li>Itochu Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITOCY#OTC">ITOCY</a>)</li>
<li>Mitsubishi Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/MSBHF#OTC">MSBHF</a>)</li>
<li>Mitsui &amp; Co., Ltd&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/MITSY#OTC">MITSY</a>)</li>
<li>Sumitomo Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSUMY#OTC">SSUMY</a>)</li>
<li>Marubeni Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MARUY#OTC">MARUY</a>)</li>
</ul>
The late vice-chairman Charlie Munger championed <a href="https://www.benzinga.com/startups/23/11/35539422/charlie-munger-raves-about-warren-buffetts-rare-japanese-investment-opportunity-of-a-century-it-was">Berkshire&#8217;s Japanese investments</a>.
&#8220;It was like having God just opening a chest and just pouring money into it,&#8221; Munger said.
Also Read: <a href="https://www.benzinga.com/markets/equities/24/05/38959529/blackstone-to-grant-equity-to-rank-and-file-employees-at-us-buyouts-report">Blackstone To Grant Equity To Rank-And-File Employees At US Buyouts: Report</a>
Image generated using artificial intelligence via Midjourney.

Private Equity Giant Blackstone Targets Japanese Market, Anticipates 'Accelerated Growth': Report

<a href="https://www.apple.com/apple-events/event-stream/" title="https://www.apple.com/apple-events/event-stream/">https://www.apple.com/apple-events/event-stream/</a>

Apple Announces Expansion Of Apple Vision Pro Pre-Orders To New Countries; Pre-Orders Begin June 13 For China, Hong Kong, Japan, And Singapore With Availability On June 28; Australia, Canada, France, Germany, And UK Pre-Orders Start June 28, Available July 12

Reported Earlier Japan Gross Domestic Product Price Index (YoY) For Q1 3.4% Vs. 3.7% Est.; 3.9% Prior

Reported Earlier Japan Gross Domestic Product (QoQ) For Q1 -0.5% Vs. -0.5% Est.; 0.1% (Revised) Prior

Reported Earlier Japan Gross Domestic Product (YoY) For Q1 -1.8% Vs. -1.0% Est.; -0.2% Prior

Reported Earlier, Japan Current Account n.s.a. For April 2.051T Vs. 3.399T Prior

Reported Earlier, Japan Adjusted Current Account For April 252.41T Vs. 2.09T Est.; 201.06T Prior

Reported Earlier, Japan Household Spending (MoM) For April -1.2% Vs. 0.2% Est.; 1.2% Prior

Midyear Equity Outlook - Investing Beyond The Megacaps

Top high quality stocks that pay dividends - UBS

Like the S&P 500, Japan's Topix equity index is highly concentrated and flying high

Asia-Pacific markets mostly rise tracking global peers; Japan benchmarks hit all-time highs

Global Macro Outlook: Third Quarter 2024

Asian markets reverse gains, Nikkei slightly lower after touching record levels

Goldman Sachs' Pasquariello: Japanese stocks are excelling on the back of lower JBG yields and weaker JPY

Global PMI Upturn Cools From One Year High As Outlook Darkens

Weekly Commentary: Nothing Matters

Global PMI Signals Cooler Services Inflation In June, But Goods Prices Show Further Rise

iShares MSCI Japan Index Fund

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에 대한 최신 뉴스 iShares MSCI Japan Index Fund (ARCA:EWJ)

월요일, 6월 10, 2024

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