Japan will 'infuse' $65 billion into the semiconductor and AI industries. The Minister of Economy: Will not raise taxes to fund.

①Japan's newly appointed Prime Minister Shigeru Ishiba promises to provide over 10 trillion yen (approximately $65 billion) in support for the semiconductor and AI industries; ②Ishiba hopes that this funding framework will spur over 50 trillion yen of public and private investment over the next decade; ③Minister of Economy, Trade and Industry Yoichi Muto stated that the government will not raise taxes to fund the new framework.

cls.cnNov 12, 2024 04:52 ET

Lam Research Shares Rise After-Hours as Revenue Outlook Beats Estimates

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AMD Bears Fan Unusual Option Trades Even as Stock Rebounds From Biggest Slump in a Month

Luzi Ann SantosOct 11, 2024 13:09 ET · Movers

Intel Attracts Millions of Dollars in Bearish Option Trades Even as Stock Pops

Luzi Ann SantosSep 17, 2024 12:06 ET

How do you view the recent "hawkish" stance of the Bank of Japan executives? Goldman Sachs: The next interest rate hike may still have to wait until January next year.

Goldman Sachs believes that when evaluating the timing of interest rate hikes, it is important to consider financial market stability and inflation trends. The bank predicts that January next year will be the best time to determine whether Japan's inflation will rebound, and based on this, determine that Japan will raise interest rates in January. However, if there is significant turmoil in the financial markets, the timing of the rate hike may become uncertain.

wallstreetcnSep 13, 2024 08:57 ET

Former senior official of the Japan Financial Services Agency: There may be another rate hike before the end of the year!

Former senior official Tomoko Amaya of the Japan Ministry of Finance said that the central bank may raise interest rates again before the end of the year; she said that what matters is not the level or volatility of stock prices, but the level of confidence. The stable recovery of the market is enough to make interest rate hikes possible this year.

cls.cnSep 9, 2024 03:50 ET