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☆ New exhibition on Japan’s replica food lifts the lid on delicate craftsmanship
▼ + stars: | 2024-12-16 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +8 min

Advances in the production method have made more realistic and dynamic presentations of food replicas possible. A food replica of 'Napolitan' or Japanese ketchup spaghetti, considered a popular Western dish in the country. Jeremie Souteyrat/Japan House LondonA selection of food replicas made by Iwasaki Group employees as part of a company-wide competition. Jeremie Souteyrat/Japan House LondonA food replica of a towering burger stacked, produced for one of the Iwasaki Group's internal competitions between its employees. Jeremie Souteyrat/Japan House London

Persons: It’s, Simon Wright, Wright, Takizo Iwasaki, Iwasaki’s, —, Iwasaki, Nathan Hopson, Hopson, Jeremie Souteyrat, ” Wright, “, ”, Shirokiya, London “, bento Organizations: London CNN, Japan House London, Iwasaki Group, University of Bergen, CNN, Japan House, Wright’s, Japan’s Ministry of Agriculture, Fisheries, London, Japan Diabetes Society Locations: Japan, London, Hokkaido, ohaw, Osaka, Tokyo, bara, Okayama prefecture, Japan House London, Hyōgo Prefecture, Kōbe, Yokohama, USA, Europe

☆ Asia markets set to open higher as investors assess Japan household spending data
▼ + stars: | 2024-12-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Traders in Asia assessed household spending data out of Japan. Spending grew 2.9% in October compared to the previous month, beating expectations of a 0.4% growth by economists polled by Reuters. Year-over-year, household spending fell 1.3% in October, less than an expected 2.6%. Japan's Nikkei 225 futures pointed to a higher open for the market, with the futures contract in Chicago at 39,405 and its counterpart in Osaka at 39,400 compared to the previous close of 39,395.60. Hong Kong Hang Seng index futures were at 19,637 higher than the HSI's last close of 19,560.4.

Persons: Richard A, Brooks, Australia's Organizations: Afp, Getty, Dow Jones, Traders, Reuters, Nikkei Locations: Tokyo, Asia, Pacific, Japan, Chicago, Osaka, Hong Kong

An electronic board shows stock indexes at the Lujiazui financial district in Shanghai, China, March 21, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsNov 7 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. This is their best run in a year, powered by easing financial conditions in the form of lower U.S. bond yields and a weaker dollar, and renewed faith in the U.S. economic 'soft landing' scenario. Having under-performed global and developed market benchmarks last week, Asian stocks could be set to outperform this week. Skeptical foreign investors will need more than one month of slowing imports and exports decline though.

Persons: Aly, Jamie McGeever, Goldman Sachs, Deepa Babington Organizations: REUTERS, Bank of Korea, Thomson, Reuters Locations: Shanghai, China, U.S, India, Asia, Taiwan, Philippines, Indonesia, Japan, Australia

Oct 6 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A batch of data from Japan includes household spending and consumption figures, leading indicators, and the latest foreign exchange reserves. But Bank of Japan money market data indicates that the yen's jump on Tuesday was not the product of yen-buying intervention. The big policy event in Asia will be the Reserve Bank of India's interest rate decision, and more importantly, its guidance. The rupee goes into the meeting trading at 83.00 per dollar, right down at August's record low 83.45 per dollar.

Persons: Jamie McGeever, payrolls Organizations: Bank, Reserve Bank, U.S, Thomson, Reuters Locations: Japan, Asia, U.S, India

☆ Morning Bid: Try to top that one, Asia
▼ + stars: | 2023-09-03 | by ( Stephen Culp | ) www.reuters.com time to read: +2 min

Staff lower Chinese national flag in front of screens showing the index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsSept 4 (Reuters) - A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist. Asian markets have a tough act to follow on Monday - their own. "Clearly, we've seen a significant slowdown in the Chinese economy the last couple of months," said Ryan Detrick, chief market strategist at Carson Group in Omaha. On Thursday, Japan is due to release revised second-quarter GDP data and CPI and PPI reports from China are on deck for Friday.

Persons: Tyrone Siu, Stephen Culp, Ryan Detrick, Saola, Li Qiang, Diane Craft Organizations: REUTERS, Carson Group, Association of Southeast Asian Nations, ASEAN, PMI, CPI, PPI, South Korea CPI, Australia Judo Bank, Thomson, Reuters Locations: Exchange, Hong Kong, China, Shanghai, Shenzhen, Asia, Beijing, Omaha, Guangdong, Macau, Taiwan, India, Japan

July 7 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Friday's non-farm payrolls report for June could cement the hawkish outlook for U.S. rates and yields. The MSCI World share index on Thursday posted its biggest decline since April, while the MSCI Asia ex-Japan index had its biggest fall since February and second biggest this year. The Hang Seng Mainland Banks Index (.HSMBI) tumbled 6.4% on Thursday to a new low for the year, its biggest one-day fall since February 2018. It is down almost 10% this week, also on course for its biggest weekly fall in more than five years.

Persons: Jamie McGeever, Janet Yellen, Yellen, Goldman Sachs, Goldman, Josie Kao Organizations: Treasury, Investors, Mainland Banks Index, . Treasury, Thomson, Reuters Locations: Asia, Japan, Korean, China . U.S, Beijing, China, Hong Kong, Mainland, South Korea

The Reserve Bank of Australia delivers its latest interest rate decision on Tuesday, undoubtedly the centerpiece event for Asian and Pacific markets but potentially of interest to U.S. Fed watchers too. Interest rate futures markets currently attach a 66% chance the RBA pauses, and a one-in-three chance it raises the cash rate by a quarter point to 4.10%. Holders of Australian assets will be pay particularly close attention to policymakers' statement and RBA governor Philip Lowe's press conference after the decision for guidance. Here are three key developments that could provide more direction to markets on Tuesday:- Australia interest rate decision- Australia current account (Q1)- Japan household spending (April)By Jamie McGeever;Our Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Jamie McGeever, Philip Lowe's Organizations: Reserve Bank of Australia, Fed, Reserve, Australian, Apple, Thomson, Reuters Locations: U.S, Australia, Japan

May 8 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. If the mood in Asian markets on Tuesday reflects the broader global mood on Monday, there's every reason to expect an increase in risk appetite and risk assets, despite a higher dollar and Treasury yields. But there was no obvious sign of a credit crunch, which fits with recent weekly bank deposit flow and lending data too. Several positioning and sentiment indicators suggest investors are the most gloomy on stocks - especially Wall Street - than they have been in years, even decades. Asian markets appear to be looking at the U.S. banking and debt issues with a 'glass half-full' mentality.

Figures from Beijing on Monday showed that China's FX reserves unexpectedly rose in October, but there are unlikely to be similar surprises in Japan's numbers due early on Tuesday. They will almost certainly show a decline in official reserves, with investors hoping the data sheds light on exactly where Tokyo's record $42.8 billion yen-buying currency market intervention last month came from. A fairly large chunk of China's FX reserves are thought to be in euro-denominated assets, unlike Japan's, which are overwhelmingly invested in dollar assets. Around 10% of Japan's reserves are held as deposits parked with foreign official institutions and can be readily tapped for dollar-selling intervention. Japan's reserves fell a record $54 billion in September and in percentage terms, the 4.2% decline was the biggest since 1998.

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