Quotes from the news wire:
Basically his party, the LDP, is market-friendly, but Suga is not well liked due to the handling of the pandemic, with him stepping down, LDP’s chances of winning (lower house elections later this year) go up, and markets are happier.
Found on Reuters 3 years ago
There isn’t really one trigger, but many bits and pieces that add to the narrative to stay away from China, almost on a daily basis you have negative news coming out, so it forms the impression there’s no end in sight.
Found on Reuters 3 years ago
There’s a lot of fear right now. It’s a sell-first-and-ask-questions-later approach, end of era for China tech? I think that’s overblown. Sentiments come and go. We probably need a couple of good earnings seasons ... to show the impact, if any, on earnings.
Found on Reuters 3 years ago
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