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* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
Ricoh plans a new inkjet-head manufacturing facility at its Atsugi site in Kanagawa Prefecture to expand supply capacity. Production capacity targeted to more than double over time as demand rises for high-quality inkjet heads. Construction scheduled to start in November 2026, with completion planned in the first half
Japan manufacturing output rises 1.2% month-over-month
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its