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Business & Economy

Japanese Government Bonds Draw Global Money: Amundi Goes Bullish for First Time in 30 Years as Foreign Investor Buying Hits Record Levels

Europe's largest asset manager Amundi has shifted to overweight on Japanese government bonds for the first time in 30 years. Foreign investors bought a net ¥6.04 trillion ($40 billion) in JGBs in January 2026, the second-largest monthly figure on record. We analyze how BOJ rate hikes, political stability, and diversification from US assets are driving global money into Japan's bond market.

Business & Economy

Sogo Shosha Power Play: ITOCHU's $900M Bet on Hitachi Construction Machinery and the Business Model Buffett Loves

ITOCHU Corporation is raising its stake in Hitachi Construction Machinery to 33.4%, securing veto power over key corporate decisions with a $900 million additional investment. This deep dive explores Japan's unique Sogo Shosha business model, the global construction equipment rivalry with Caterpillar and Komatsu, and why Warren Buffett has poured $23.5 billion into Japan's five major trading houses. Does your country have anything like a Sogo Shosha?

Business & Economy

Record $8.5 Billion Fundraising: Nippon Steel's Massive Capital Raise Signals New Era for Japan's Global Steel Ambitions

Nippon Steel raised roughly ¥1.3 trillion through the largest convertible bond issuance in Japanese corporate history (¥600 billion) plus JBIC loans, refinancing the bridge loan behind its $14.9 billion U.S. Steel acquisition and funding a ¥6 trillion five-year investment plan. Inside the numbers, the new global production ranking, and the unprecedented "golden share" arrangement.

Society

Japan PM Takaichi Resists BOJ Rate Hikes: Central Bank Independence Under Political Pressure

Japanese PM Sanae Takaichi reportedly pushed back against BOJ Governor Ueda's rate hike plans, sending the yen to 156 per dollar. The clash between political power and central bank independence echoes Trump versus the Fed and Erdogan versus Turkey's central bank. The BOJ went on to raise its policy rate to 1.0% in June 2026 and held there in July. Inside the US-Japan rate gap, carry trades, and how the story resolved.

Society

Lab-Grown Diamonds: The Next Rare Earth Crisis? Japan's $36B US Investment Gamble Explained

Japan and the US have agreed on the first tranche of a massive $550 billion investment plan, including a $600 million lab-grown diamond factory in Georgia. With China controlling over 60% of global production, synthetic diamonds are being called "the next rare earth." But with a controversial profit-sharing deal, is this a smart bet or a high-risk, low-return gamble for Japan?

Business & Economy

NAND Flash Market 2026: AI Demand Outpaces Supply as Japan's Kioxia Posts Record Revenue Exceeding $14 Billion

Japan's Kioxia is set for consecutive record-breaking years, with revenue exceeding $14 billion for the first time. NAND production capacity for 2026 is already "sold out" as AI data center demand far outpaces supply. From a rocky IPO to the world's best-performing stock of 2025 with a 540% gain, we explore Kioxia's remarkable turnaround and what it means for Japan's semiconductor renaissance.

Business & Economy

$1.5 Billion to Saudi Arabia: Japan's Megabanks Enter Vision 2030 Projects

Six banks including SMBC and MUFG Bank lent $1.5 billion to Saudi Arabia's Ministry of Finance, with NEXI insurance giving it a quasi-government guarantee. Earmarked for water desalination and power, the loan is designed to open Vision 2030 megaprojects to Japanese companies.