News

The 20-year JGB yield fell 4.0 basis points to 3.125%.

Japan Oil, Gas and Metals National Corporation: Japan's January LNG spot contract price is US$11.30 per million British thermal units; Japan's January LNG spot CIF price is US$11.20 per million British thermal units.

The 40-year Japanese government bond yield fell 4.0 basis points to 3.775%.

Japanese Minister of Economy, Trade and Industry Ryomasa Akasawa: Plans to visit the United States from February 11 to 14 to discuss Japan’s investment plan.

Federation of Indian Automobile Dealers Association (FADA): In the next three months, retail automobile sales are expected to continue to maintain a steady growth trend.

Federation of Indian Automobile Dealers Association (FADA): (View on the near-term prospects) Demand in various market segments continues to be visible, and it is cautiously optimistic.

Federation of Indian Automobile Dealers Association (FADA): Passenger car retail sales increased by 7.22% year-on-year in January.

Federation of Indian Automobile Dealers Association (FADA): Commercial vehicle retail sales increased by 15.07% year-on-year in January.

Federation of Indian Automobile Dealers Association (FADA): Overall automobile retail sales increased by 17.61% year-on-year in January.

White House: India will scrap its digital services tax and commit to negotiating a strong set of bilateral digital trade rules.

White House: India will also eliminate or reduce tariffs on red sorghum, tree nuts, fresh and processed fruits, certain pulses, soybean oil, wine and spirits

White House: India will eliminate or reduce tariffs on all U.S. industrial products and a variety of food and agricultural products, including dried distillers grains.

Air Transat suspends flights to Cuba until April 30, 2026.

The trend of Hong Kong biopharmaceutical stocks rebounded. Immune Onco (01541.HK) rose by more than 7%, Antengene (06996.HK) rose by more than 6%, Connoya (02162.HK) and Ascletis Pharmaceuticals (01672.HK) both rose by more than 5%, and Laika Pharmaceuticals (02105.HK) followed suit.

Japanese Finance Minister Katayama Satsuki: Food sales tax reduction will be a temporary measure before the introduction of the tax credit system.

Japanese Finance Minister Katayama Satsuki: We plan to discuss the possibility of using all the surplus, but we have not yet reached a conclusion on this.

Japanese Finance Minister Katayama Satsuki: (When asked whether reserve surpluses will be used to fund consumption tax cuts) Foreign exchange reserve surpluses have been used in the past.

Japanese Finance Minister Katayama Satsuki: There will be in-depth discussions on how to initiate food sales tax reductions.

Japanese Finance Minister Katayama Satsuki: We will ensure that the impact of delays in budget passage on households is mitigated.

Japanese Finance Minister Katayama Satsuki: Strive to pass next year’s budget and tax reform as soon as possible.