936 new coronavirus infection cases confirmed
June 15, 2021 (Tuesday) Cloudy and then sunny Mercury retrograde (5/30–6/23) Auspicious day
- G7 Summit concluded on the 13th after issuing a joint statement.
States the importance of Taiwan and establishes a new framework for infrastructure support, signaling unity toward China.
Democracies of the world, the G7, are rebooting.
- G7 Resurgence (Part I): Key points of the joint declaration by G7 leaders
Toward China: in response to policies that distort markets, the G7 will act collectively. Standing as an open society and economy
Emphasizes peace and stability in the Taiwan Strait; calls for respect for human rights in places like Uruguay; promotes the values of democracy within the G7.
Calls for investigations regarding the COVID-19 timeline.
COVID-19: aims to end the pandemic by 2022.
Plans to provide 1 billion vaccine doses by 2022
Economy and employment: commits to high-quality infrastructure investment to revitalize the economy.
Endorsement of the G7 finance ministers’ agreement to set a minimum corporate tax rate at 15% or higher
Share best ways to address risks in supply chains, including semiconductors
Climate change: end new international support for coal-fired power plants without emission reduction measures within the year
Olympics: reaffirm support for safe and secure hosting
- Nippon Yusen Kaisha <9101> [Close: 5,350 yen] Orders 12 LNG-powered car carriers.
The amount exceeds 100 billion yen, making it the largest-ever order for LNG-fueled car carriers worldwide.
With decarbonization goals across the supply chain, the shipping industry’s fuel conversion accelerates in response to automakers’ push.
Among about 700 car carriers globally in operation, LNG-fueled ships are fewer than 10; Nippon Yusen Kaisha, the world’s largest by fleet size, takes the lead with a large investment.
- Toshiba <6502> [Close: 4,770 yen] Following a public report that the 2020 annual shareholders meeting was not conducted fairly,
External director and chairman of the board Naoyama Osamu (former chairman of Chugai Pharmaceutical) held a press conference on the 14th.
“We cannot deny that there was a lack of compliance awareness,” he concluded.
- In Israel on the 13th, a regime change occurred for the first time in 12 years.
New Prime Minister Bennett’s coalition government will maintain a hardline stance toward Iran, similar to the Netanyahu administration, and opposes the U.S. return to the nuclear agreement.
- The four opposition parties agreed at their leaders’ meeting on the 14th to submit a no-confidence motion against Prime Minister Suga Yoshihide to the House of Representatives on the 15th.
They called for an extension of the current Diet session which ends on the 16th, but the ruling party refused.
The Liberal Democratic and Komeito parties plan to veto it in the House of Representatives plenary session.
If the Cabinet is subjected to a no-confidence vote, the prime minister must dissolve the House within 10 days or the Cabinet must resign.
- Online gaming creates a growing community.
More than 10 games worldwide have over 100 million users.
The space expanding in virtual realms includes commerce around "avatars" that users control within games.
Luxury brands and film studios provide products and advertisements; a new consumer market is developing in the “cookie-crumb” space.
- Prime Minister Yoshihide Suga says, “The top priority is still the COVID-19 response.” The government and ruling party are increasingly considering dissolving the Diet in September.
- The stock market shows widening price movements between domestic and foreign banks.
In the U.S. and Europe, expectations of a gradual rise in interest rates and increased lending demand buoy stock prices.
Conversely, with continued low rates, domestic bank taxes hinder profitability prospects, causing investors to overlook banks.
- Global stock markets show a decline in expected volatility for the outlook.
Countries and regions are returning to pre-Cand pandemic volatility levels; many indices fall below these levels, reflecting mixed investor sentiment.
At this benchmark separating optimistic and pessimistic market moods, it mirrors investor sentiment.
The U.S. Federal Reserve is anticipated not to announce tapering at the FOMC meetings on the 15th and 16th.
- Tata Group, India’s largest conglomerate, is ramping up acquisitions in consumer digital businesses, lagging behind others.
Announced plans to acquire rising markets in groceries and pharmaceuticals via online retail.
Accelerating a shift away from “heavy and large” industries, challenging Flipkart and American Amazon.com.
- China sees a surge in “shadow deals” in housing.
Sales and purchase circumventing restrictions in southern Shenzhen and other areas persist.
A belief that housing prices will always rise persists, but authorities’ warnings are increasing.
- Global COVID-19 infection numbers (deaths) as of 4:00 PM on 6/14, compiled by Johns Hopkins University: World total 175.96 million cases (9,135 deaths)
United States 33,462,030 (97) India 29,510,410 (3,921) Brazil 17,412,766 (1,129) France 5,802,314 (13)
Turkey 5,330,447 (53) Russia 5,148,499 (353)
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