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The Bank of Japan: The mechanism for moderately synchronized wage and price increases will be maintained.

2026-06-16

The Bank of Japan: The mechanism for moderately synchronized wage and price increases will be maintained.

Other News
2026-06-16

CENC measured a magnitude-3.7 earthquake at 19:00 on June 16 in Haixi Prefecture, Qinghai (37.83°N, 95.55°E); focal depth 10 km.

CENC measured a magnitude-3.7 earthquake at 19:00 on June 16 in Haixi Prefecture, Qinghai (37.83°N, 95.55°E); focal depth 10 km.
2026-06-16

JP Morgan Hengrui Medicine (01276.HK) upgraded from Hold to Overweight and trimmed its target price to HK$68 from HK$70. The bank said the sharp share-price decline reflects macro headwinds—notably heightened U.S.-China geopolitical tensions and broa

JP Morgan Hengrui Medicine (01276.HK) upgraded from Hold to Overweight and trimmed its target price to HK$68 from HK$70. The bank said the sharp share-price decline reflects macro headwinds—notably heightened U.S.-China geopolitical tensions and broad institutional de-risking of H-share healthcare—rather than a material weakening of fundamentals. At current levels, JP Morgan sees valuation as understating an improving earnings trajectory, rapidly expanding pipeline value and BD-related revenue, but warned U.S. rules could constrain future China-origin licensing deals and increase volatility.
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