Summary:The problem of vacant housing in Japan is becoming increasingly serious, and it is expected to cause economic losses of approximately 3900 billion yen over the next five years. The increase in vacant houses has affected land prices and the economy, causing a decline in the value of surrounding properties. The aging population and declining fertility rate are the main reasons.
Summary:Faced with the US and EU imposing tariffs on Chinese electric vehicles, Japan did not follow up immediately, but instead considered carefully to avoid damaging Sino-Japanese economic and trade relations. The G7 emphasized that it would not harm China's interests, but would protect companies from unfair competition.
Summary: The Australian government has requested that Chinese funds reduce their stakes in rare earth companies to protect national interests. Similarly, Canada has taken steps to limit Chinese investment in key mineral sectors, reflecting both countries' wariness of China's "core position" in the rare earth industry.
Summary: Core Logic reports that Australian home prices rose for the 16th consecutive month in May, with significant gains in the five major capital cities. Meanwhile, national housing rents rose 0.7% from a year earlier and 8.5% year-on-year, putting financial pressure on tenants.
Summary:Japan invested heavily to stabilize the yen, but the effect is limited. Yen depreciation trend continues, the market is concerned about the 160 mark. Japan or continue to intervene, but the United States warned to use caution. Analysts expect Japan will seek new strategies to strengthen the yen.
Summary: In April, Japan's exports grew by 8.3%, the fifth consecutive month of positive growth, while imports grew by the same 8.3%. The trade deficit rose to 462.5 billion yen. Exports to China hit a record high, with semiconductor equipment exports surging 95.4%.
Summary:Australia's unemployment rate rose to 4.1% in April, exceeding expectations, with job growth driven mainly by part-time work. Despite job growth, interest rates are at 12-year highs and unemployment is expected to likely rise. Traders forecast about a 50% probability of a December rate cut by the Australian Federal Reserve.
Summary: The value of investment assets of Japan's super-rich is set to grow by more than 30% by 2030, and U.S. firms are bullish on the potential. Bain Capital expands real estate team in Japan and explores new areas of investment opportunities that may see growth as the economy recovers and demographics change.
With the development of high-tech industries, Japan's electricity demand is expected to increase by 50% by 2050, necessitating an increase in energy production to meet supply. If renewable energy cannot be enhanced, Japan's electricity supply will face instability, affecting its carbon reduction goals and industrial policies.
Australia faces housing challenges, including inadequate supply, reduced affordability and a scarcity of homes suitable for middle-income households. Targets set by the Government are elusive and will need to be addressed through measures such as increasing investment, ensuring policy implementation, providing a diversity of housing options and improving home ownership.