Kagenmi Japan’s GDP grew by 0.5% in Q1 2026, matching early data and up from 0.2% in Q4. This surpassed the market estimate of 0.3% and marks the strongest quarterly growth since Q1 2025. Annualized growth in Q1 2026 was 1.8%, revised down from 2.1% but still above the expected 1.3%. Separately data showed Japan’s current account surplus increased to JPY 3,907.8 billion in April 2026 from JPY 2,37...
Kagenmi Japan’s GDP grew by 0.5% in Q1 2026, matching early data and up from 0.2% in Q4. This surpassed the market estimate of 0.3% and marks the strongest quarterly growth since Q1 2025. Annualized growth in Q1 2026 was 1.8%, revised down from 2.1% but still above the expected 1.3%. Separately data showed Japan’s current account surplus increased to JPY 3,907.8 billion in April 2026 from JPY 2,370.0 billion in the same month a year earlier, exceeding market expectations of JPY 3,137 billion. Japan’s bank lending rose 5.7% year-on-year in May 2026, exceeding market forecasts for a 5.6% increase and accelerating from a 5.4% gain in the previous month. The Nikkei 225 Index fell more than 3% to below 64,500, while the broader Topix Index declined 2.2% to 3,862 . The Japanese yen weakened beyond the 160-per-dollar mark, crossing a level widely seen by markets as a potential trigger for another round of currency intervention by Japanese authorities. More on Japan economy DXJ: Japanese Equities Remain Attractive; Positive Carry Enhances The Appeal EWJ: The Land Of The Rising Sun Is Set For Continued Growth JPY Intervention - Unilateral Or Joint Will Be Key Asian equities largely decline on tech rotation; yen remains pinned near critical 160 mark Yen hits key 160 level for third session amid Gulf turmoil; PM Takaichi vows economic lift
China's Tencent Holdings is aiming to raise $4 billion via an imminent sale of both a U.S. dollar bond and an offshore yuan bond, two sources with direct knowledge of the plans said on Monday. The internet and gaming giant returned to global debt markets last year, raising 9 billion yuan ($1.3 billion) with an offshore yuan bond in September, its first bond deal in four years. Its last dollar b...
China's Tencent Holdings is aiming to raise $4 billion via an imminent sale of both a U.S. dollar bond and an offshore yuan bond, two sources with direct knowledge of the plans said on Monday. The internet and gaming giant returned to global debt markets last year, raising 9 billion yuan ($1.3 billion) with an offshore yuan bond in September, its first bond deal in four years. Its last dollar bond was a $4.15 billion issue in April 2021.
Micron Technology (NasdaqGS:MU) shares saw a sharp multi day decline during a global semiconductor selloff tied to weaker AI chip revenue guidance from Broadcom. The drop came after a period of very strong gains for Micron's stock, which last closed at $864.01. Investors are also watching recent insider selling and debating Micron's valuation after a parabolic run in AI related memory names. For c...
Micron Technology (NasdaqGS:MU) shares saw a sharp multi day decline during a global semiconductor selloff tied to weaker AI chip revenue guidance from Broadcom. The drop came after a period of very strong gains for Micron's stock, which last closed at $864.01. Investors are also watching recent insider selling and debating Micron's valuation after a parabolic run in AI related memory names. For current and potential shareholders, the pullback marks a clear shift in tone after months of...
Sasun Bughdaryan/iStock via Getty Images Dear Baron Discovery FundShareholder, Performance This was a challenging quarter for Baron Discovery Fund ® (the Fund), both on an absolute and relative basis. In the first quarter of 2026, the Fund declined 10.65% (Institutional Shares), trailing the Russell 2000 Growth Index (the Index) by 7.84%. We don't take this lightly, and we have doubled our efforts...
Sasun Bughdaryan/iStock via Getty Images Dear Baron Discovery FundShareholder, Performance This was a challenging quarter for Baron Discovery Fund ® (the Fund), both on an absolute and relative basis. In the first quarter of 2026, the Fund declined 10.65% (Institutional Shares), trailing the Russell 2000 Growth Index (the Index) by 7.84%. We don't take this lightly, and we have doubled our efforts to understand what is going on in the market both in the short term, and (far more importantly) as it affects the overall long-term embedded valuations of our holdings in the Fund. Of the underperformance, five buckets accounted for 7.88% (essentially all of it): • 2.63% came from Information Technology ( IT ) (software exposure was entirely responsible for the relative shortfall in the sector, but was partly offset by solid relative performance in areas benefiting from the AI secular growth narrative, such as semiconductor, semiconductor materials & equipment, and electronic equipment & instruments related companies) • 1.76% came from Consumer Discretionary (higher energy prices, inflation and AI induced unemployment fears, plus noise around “prediction markets” competitors to DraftKings Inc. ( DKNG ) ) • 1.22% came from Health Care (there were no real standout mistakes here, but the market was negative on life sciences tools and health care technology) • 1.17% came from our lack of exposure to Energy (higher oil prices related to the Iran action moved the sector up 26%) and Materials (aluminum and chemicals prices are up, also related to Iran); • 1.09% came from Industrials (some of which related to concerns about commercial aerospace suppliers like Loar Holdings Inc. ( LOAR ) due to the military action in Iran) Annualized performance (%) for periods ended March 31, 2026 † Fund Retail Shares ¹,² Fund Institutional Shares ¹,² Russell 2000 Growth Index ¹ Russell 3000 Index ¹ QTD ³ (10.74) (10.65) (2.81) (3.96) 1 Year 5.36 5.66 23.58 18.09 3 Years 8.01 8.31 12.27 17.86 5 Ye...
As investors navigate the complexities of global economic fluctuations, Asian markets have shown signs of resilience despite uneven recoveries in key regions like China and Japan. Amidst these conditions, identifying undervalued stocks can offer potential opportunities for investors seeking to capitalize on discrepancies between market prices and intrinsic values.
As investors navigate the complexities of global economic fluctuations, Asian markets have shown signs of resilience despite uneven recoveries in key regions like China and Japan. Amidst these conditions, identifying undervalued stocks can offer potential opportunities for investors seeking to capitalize on discrepancies between market prices and intrinsic values.
The head of a Japanese IT firm has said that he created videos criticising rivals of Prime Minister Sanae Takaichi in last year’s ruling Liberal Democratic Party (LDP) presidential race, after being asked by one of her aides to help her win the election. Ken Matsui, 33, said in a recent online interview that he was consulted by a secretary of Takaichi on how to “reverse” the lead of Shinjiro Koizu...
The head of a Japanese IT firm has said that he created videos criticising rivals of Prime Minister Sanae Takaichi in last year’s ruling Liberal Democratic Party (LDP) presidential race, after being asked by one of her aides to help her win the election. Ken Matsui, 33, said in a recent online interview that he was consulted by a secretary of Takaichi on how to “reverse” the lead of Shinjiro Koizumi, then a strong contender to win the LDP presidential election in October. “I proposed that...
(RTTNews) - Indian shares were sharply lower in early trade on Monday as Middle East tensions persisted, and upbeat U.S. jobs data stoked inflation and interest rate worries.
(RTTNews) - Indian shares were sharply lower in early trade on Monday as Middle East tensions persisted, and upbeat U.S. jobs data stoked inflation and interest rate worries.
格隆汇6月8日｜随着全球卫星宽带、手机直连卫星及AI运算需求快速增长，SpaceX未来IPO动向备受市场关注，TrendForce集邦咨询表示，SpaceX除持续扩大卫星宽带服务版图外，也积极布局手机直连卫星、AI太空运算及太空太阳能(Space-Based Solar Power, SBSP)等新兴领域，并通过扩建自有太空AI运算芯片厂Terafab，强化垂直整合能力，推动低轨卫星产业由通信服务...
格隆汇6月8日｜随着全球卫星宽带、手机直连卫星及AI运算需求快速增长，SpaceX未来IPO动向备受市场关注，TrendForce集邦咨询表示，SpaceX除持续扩大卫星宽带服务版图外，也积极布局手机直连卫星、AI太空运算及太空太阳能(Space-Based Solar Power, SBSP)等新兴领域，并通过扩建自有太空AI运算芯片厂Terafab，强化垂直整合能力，推动低轨卫星产业由通信服务迈向运算服务新阶段。随着卫星网络、AI基础设施与太空应用加速融合，全球太空经济正进入新一轮成长周期，预估2027年全球卫星产业产值将达4470亿美元，年增长率达14%。