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Asian life insurers shun Treasuries as yields judged too low - Vimarsana News

Asian life insurers shun Treasuries as yields judged too low

Asian life insurers shun Treasuries as yields judged too low April 19, 2021 By Kevin Buckland April 19 (Reuters) – Life insurers in Japan and Taiwan are shunning Treasuries as benchmark yields languish around five-week lows. Japan’s Daido Life Insurance said it would consider buying 10-year Treasuries when yields rise to 2%, from around 1.56% currently, while a major Taiwanese insurer said it would buy when yields approach 1.75%. The benchmark yield rose as high as 1.776% at the end of March for the first time in 14 months, as investors bet that massive fiscal stimulus amid...

Tokyo Olympics might yet be cancelled due to COVID-19 - Japanese official - Vimarsana News

Tokyo Olympics might yet be cancelled due to COVID-19 - Japanese official

A senior Japanese ruling party official said cancelling this year's Olympics in Tokyo remains an option if the coronavirus crisis becomes too dire, as a fourth wave of infections surges less than 100 days from the planned start of the Games.

Are the Olympics cancelled? Japan official's comments sow doubts - Vimarsana News

Are the Olympics cancelled? Japan official's comments sow doubts

4 Min Read TOKYO (Reuters) - A senior Japanese ruling party official said on Thursday that cancelling this year’s Olympics in Tokyo remains an option if the coronavirus crisis becomes too dire, dropping a bomb on a hot-button issue and sending social media into a frenzy. FILE PHOTO: Men wearing face masks watch as giant Olympic rings, which were temporarily taken down in August for maintenance amid the coronavirus disease (COVID-19) outbreak, are transported for reinstallation at the waterfront area at Odaiba Marine Park in Tokyo, Japan December 1, 2020. REUTERS/Kim Kyung-Hoon The Tokyo Oly...

Are the Olympics canceled? Japan official's comments sow doubts - Vimarsana News

Are the Olympics canceled? Japan official's comments sow doubts

Publishing date: Apr 15, 2021  •  3 hours ago  •  3 minute read  •  Article content TOKYO — A senior Japanese ruling party official said on Thursday that canceling this year’s Olympics in Tokyo remains an option if the coronavirus crisis becomes too dire, dropping a bomb on a hot-button issue and sending social media into a frenzy. “If it seems impossible to do it any more, then we have to stop, decisively,” Toshihiro Nikai, secretary general of the Liberal Democratic Party, said in comments to broadcaster TBS. We apologize, but this video has failed to load. Try refres...

Bank of Japan shares hit upper limit for fourth session, nearly doubling this week - Vimarsana News

Bank of Japan shares hit upper limit for fourth session, nearly doubling this week

By Kevin Buckland and Junko Fujita TOKYO (Reuters) - Shares in the Bank of Japan, one of only a handful of central banks that are publicly listed, hit their upper limit for a fourth straight session in Tokyo on Thursday, taking their gain for the week to 93%. The perplexing surge to the highest since mid-2018 for the stock in Japan's monetary authority is being seen by some analysts as a sign of an excess of cash in the market searching for a home, comparing it to the surge in cryptocurrency bitcoin. Thursday's rally came even as the Nikkei 225 slumped more than 2%, dragging the stock ind...

Source: wkzo.com