Latest Articles by Ishita Agarwal

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Candidates take to the streets for LDP Presidential election campaign

The street speeches provided a platform for the candidates to address voters in a more personal and informal setting. Each candidate took turns speaking from a makeshift stage set up in a bustling area of Nagoya, aiming to capture the attention of passersby and make a direct appeal to the electorate.

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Takaichi pledges to visit Yasukuni Shrine if elected Prime Minister

Previously, at her candidacy press conference on September 9, Takaichi had been non-specific about her intentions regarding Yasukuni Shrine. At that time, she had only indicated a general desire to honor those who died for national policy. Today’s statement represents a clear and unambiguous commitment to visiting the controversial shrine, a site known for its historical and political sensitivities.

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LDP Presidential debate highlights strategies and key candidates

The candidates' strategies became evident during the session of LDP election, particularly in how they interacted with former Secretary-General Shigeru Ishiba and former Environment Minister Shinjiro Koizumi. Both Ishiba and Koizumi, who have been prominent in opinion polls, were each nominated three times by their peers, signaling their strong positions in the race.

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Pro-Israel veteran shoots Pro-Palestine assailant

According to local authorities, the veteran was walking through a crowded park when he was approached by the assailant. The assailant, who was wearing a Palestinian flag, began shouting anti-Israel slogans and threatening the veteran. The veteran, who is a member of a pro-Israel organization, responded by drawing his firearm and shooting the assailant.

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Singapore’s 2024 GDP growth expected at upper end of 2%-3% range

Chia highlighted that recent economic indicators have shown growth trending towards the upper end of this range, and he expects the final figure for the year to fall squarely within it. His comments followed a report from private-sector economists, who recently revised their GDP growth forecast for 2024 up to 2.6%, an increase from the previous 2.4% projection made in an MAS survey in June.

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Yen strengthens 1% against dollar amid shifts in interest rate expectations

Market sentiment has been shifting as traders anticipate the outcome of the upcoming Federal Open Market Committee (FOMC) meeting, scheduled for September 17th and 18th. There is considerable debate over whether the Federal Reserve will implement a 25 basis point (bp) or a more substantial 50 bp rate cut. Currently, the market is pricing in a rate cut of approximately 34 bp, up from 26 bp on September 11th, reflecting heightened expectations of a more aggressive reduction.

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Yen strength stabilizes as markets anticipate policy decisions

During the second week, the yen appreciated amid expectations of a domestic interest rate hike, which led to a decline in Japanese stocks. The Tokyo Stock Price Index (TOPIX) fell by 1% over the week. Market participants are expected to remain cautious in the first half of the third week as they monitor currency fluctuations.

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