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Shell (SHEL.N) CFO: Inventory releases helped the market, but the buffer is limited and the available means may be reduced.
2026-07-30
Shell (SHEL.N) CFO: Inventory releases helped the market, but the buffer is limited and the available means may be reduced.
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2026-07-30
South Korea's KOSPI climbed above 5,800, up 2.44% on the day.
South Korea's KOSPI climbed above 5,800, up 2.44% on the day.
2026-07-30
Japan PM Takaichi announced a plan to cut the food consumption tax from 8% to 1% from April next year for two years and to issue cash transfers to low- and middle-income households equal to the 1% tax amount. Cabinet approval is expected in early Aug
Japan PM Takaichi announced a plan to cut the food consumption tax from 8% to 1% from April next year for two years and to issue cash transfers to low- and middle-income households equal to the 1% tax amount. Cabinet approval is expected in early August. The measure would cost roughly 5 tln yen a year, leaving questions over financing and political pressure when the rate reverts after two years. Nikkei-cited private analysis estimates FY2027 CPI could be 1.0–1.4 percentage points lower if the cut is implemented. Market commentary notes firms may absorb much of the cut rather than fully pass it into lower prices, reducing consumer gain, and warns of a potential one-off price rebound when the tax returns to 8%.
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