Micron to Invest $9.6 Billion in Western Japan Plant: Nikkei

Japan's capital expenditure (capex) rose by 2.9% in the third quarter, indicating robust domestic demand and a positive outlook for the economy. This increase suggests that businesses are investing in growth, reflecting confidence in future economic conditions.

Japan's finance minister stated that the recent rapid decline of the yen is not fundamentally driven, indicating concerns over the currency's volatility. This statement reflects the government's ongoing efforts to stabilize the economy amidst fluctuating exchange rates.

Japan's Finance Minister Satsuki Katayama expressed concerns that the recent volatility of the yen is not aligned with economic fundamentals, highlighting the government's frustration with the currency's fluctuations. This statement reflects ongoing challenges faced by Japan's economy amid significant market pressures.

Jasmin Argyrou, Head of Global Investment Management Australia at UBS, expressed a positive outlook for global equities in 2026, highlighting potential growth drivers in Europe, emerging markets, and Japan during her interview with Bloomberg.

Toyota announced plans for a significant investment in the United States, driven by strong output and sales performance. This move comes amid a challenging economic landscape shaped by tariffs affecting the automotive industry, particularly for Japanese automakers facing high export duties to the U.S.

Japan's Prime Minister Sanae Takaichi's cabinet has approved a draft supplementary budget for the fiscal year ending March 2026, amounting to 18.303 trillion yen (approximately $117.10 billion). This decision reflects the government's intent to stimulate the economy amid ongoing financial challenges.