Data released on Friday, April 24, shows that Japan's core consumer inflation rate slowed for the second consecutive month in March, falling below the central bank's 2% target, as government fuel subsidies offset price pressures from energy shocks caused by the war in Iran. Analysts expect inflation to accelerate in the coming months as companies begin to pass on rising fuel costs stemming from the Middle East conflict. The core consumer price index (CPI), which excludes volatile fresh food prices, rose 1.8% year-on-year in March, in line with market median forecasts, up from 1.6% in February. Another index that excludes fresh food and fuel, which the Bank of Japan closely monitors as a better gauge of demand-driven price changes, rose 2.4% year-on-year in March, down from 2.5% in February.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Japan's Core Inflation Rate Remains Below Central Bank Target
-
Wechat scan to share
Recommended for you
-
Korean Brokerages Earn 4 Trillion Won in Q1; Banks Tighten Lending to Curb Stock Speculation
On June 12, the Financial Supervisory Service of Korea released the preliminary operating performance report for securities and futures companies for the first quarter of 2026. In the first quarter of this year, 61 securities firms in Korea achieved a net profit of 4.33 trillion won (approximately 19.268 billion RMB), marking a 77.1% increase compared to the same period last year and a 132.6% increase from the previous quarter. For the entire year of 2025, the net profit of Korean securities firms was 9.65 trillion won (approximately 42.943 billion RMB), and the net profit for the first quarter of 2026 has already reached 44.9% of last year's total net profit, nearing half. As Korean investors begin to 'borrow money to invest in stocks,' the balance of overdraft accounts at major commercial banks in the country has surged by over 600 billion won (approximately 2.67 billion RMB) amid significant adjustments in the KOSPI (Korea Composite Stock Price Index). To prevent a spike in stock speculation through borrowed funds, Korean banks are tightening credit loans. -
Morgan Stanley: AI Benefits May Be Boosting the UK Economy
On June 12, Morgan Stanley economist Bruna Skarica noted in a report that the UK's monthly GDP appears to be benefiting once again from the strong performance of the white-collar service sector, particularly in the information and communication technology (ICT) industry. She pointed out that the industry's output is currently growing by 6.7% year-on-year, and has increased by 45.4% since the fourth quarter of 2019, while the overall economy's value added has only grown by 6% during the same period. "The sectors most affected by the rapid proliferation of artificial intelligence are simultaneously driving GDP growth and productivity improvements, which seems far from coincidental," Skarica added. Given that the Bank of England indicated last year that the UK's structural productivity growth is negative, the bank should provide more commentary on this matter this year. -
AMD CEO Lisa Su Reiterates AI Limitations: Technology Cannot Replace Human Judgment and Responsibility
On June 12, AMD CEO Lisa Su delivered a speech at the Massachusetts Institute of Technology graduation ceremony, presenting a calm and rational perspective on the current wave of generative artificial intelligence (GenAI). She emphasized that while AI possesses powerful data processing capabilities, it cannot determine which problems are worth solving, cannot make difficult judgments in the absence of data, and cannot take responsibility for the outcomes. -
China Successfully Develops 3D Multilayer On-Chip Capacitors for High-End AI/GPU Chips
On June 12, Hubei Jiangcheng Laboratory announced a significant breakthrough in capacitor technology, successfully developing a 3D multilayer on-chip capacitor with a capacitance density exceeding 1000 nanofarads per square millimeter. This capacitor can be directly applied to high-end chips such as AI/GPU chips and high-performance processors, supporting the development of high computing power and low power consumption chips. Currently, related technologies are undergoing process flow testing and small batch pilot production, aiming for large-scale application in advanced packaging. In circuits, capacitors essentially act as ultra-miniature 'reservoirs': they can quickly charge and discharge to stabilize voltage when chip current fluctuates dramatically, ensuring that the chip receives 'pure and stable' current. In computing power systems, capacitors are also likened to 'electric RAM': HBM serves as data buffering for computing power, while capacitors act as energy buffers. To supply power instantly to GPUs at full capacity, a multi-level power caching system from nanoseconds to seconds is essential. -
Changxin Technology's IPO Approved by CSRC: Aiming to Raise 29.5 Billion Yuan, Second Largest in History
The China Securities Regulatory Commission (CSRC) has approved Changxin Technology Group Co., Ltd.'s application for initial public offering (IPO) on the STAR Market, officially disclosing the approval document No. 1344 [2026]. As a leading integrated circuit manufacturer in the mass production of general-purpose DRAM in China, Changxin Technology successfully completed the registration process after passing the review by the Shanghai Stock Exchange's listing committee on May 27, taking about half a month. The IPO aims to raise 29.5 billion yuan, making it the second largest fundraising project in the history of the STAR Market, following SMIC. The raised funds will primarily be used for upgrading manufacturing lines for memory wafer production, enhancing DRAM memory technology, and developing advanced technologies. According to the prospectus, Changxin Technology achieved an operating income of 50.8 billion yuan in the first quarter of 2026, a staggering year-on-year increase of 719.13%, with a net profit attributable to the parent company reaching 24.762 billion yuan. It is expected that the operating income for the first half of 2026 will be between 110 billion and 120 billion yuan, with a net profit attributable to the parent company estimated at 50 billion to 57 billion yuan. During the previous listing committee meeting, regulators inquired about potential performance volatility risks and the second phase of the employee stock incentive plan, in which Zhu Yiming voluntarily relinquished over 20 billion yuan worth of shares. -
SpaceX IPO to Be Eligible for Trading at 10:00 PM Beijing Time
On June 12, Nasdaq: The SpaceX IPO will begin quoting at 9:50 AM Eastern Time (9:50 PM Beijing Time). The SpaceX IPO will be eligible for trading starting at 10:00 AM Eastern Time (10:00 PM Beijing Time). -
Wells Fargo Raises Qualcomm Target Price to $230
On June 12, Wells Fargo raised the target price for Qualcomm (QCOM.US) from $160 to $230. -
Framework of Iran-U.S. Memorandum of Understanding Released
On June 12, according to the Iranian official media IRNA, the main framework of the agreement text regarding the memorandum of understanding between Iran and the U.S. to end the war includes the following points: 1. The nuclear issue remains unchanged. The current memorandum does not involve agreements related to nuclear issues, and Iran will not make any new commitments. Negotiations on the nuclear issue will take place within 60 days after the signing of the agreement. 2. Strait of Hormuz: No transfer of management rights, nor any role for the U.S. Iran will not make any commitments regarding the transfer of management rights over the Strait of Hormuz. Future management arrangements for the strait will be resolved through dialogue and joint decision-making between Iran and Oman as regional matters. 3. Complete end to the war on all fronts, including Lebanon. The main goal of the memorandum is to end the war on all regional fronts. The U.S. commits to compel Israel to end the war in Lebanon, and the term 'extension of ceasefire' does not appear anywhere in the agreement text. 4. Unfreezing Iran's frozen assets through a clear mechanism. Some frozen assets will be immediately unfrozen after the signing of the agreement, while the remaining assets will be gradually unfrozen during subsequent negotiations. Tehran has received clear guarantees based on the requested mechanism. 5. War reparations are on the agenda. The losses caused by U.S. and Israeli aggression against Iran are one of the topics mentioned in the memorandum. The implementation mechanism for compensation will be agreed upon during negotiations within 60 days after the signing of the agreement. 6. Details of the lifting of primary and secondary sanctions will be reserved for final agreement discussions. The issue of lifting all U.S. sanctions and related international resolutions will be reviewed during the 60-day nuclear negotiations. 7. Three topics of the final agreement and the 60-day negotiation period. During the 60-day negotiation period, only three topics will be discussed: the continued advancement of a peaceful nuclear program; the lifting of unilateral U.S. sanctions; and the mechanism for loss compensation. Any other topics, including Iran's missile capabilities, will not be included in the negotiation agenda. -
CSRC Approves Changxin Technology's Initial Public Offering Registration
On June 12, the China Securities Regulatory Commission (CSRC) announced that it has approved the registration for the initial public offering of shares by Changxin Technology Group Co., Ltd. -
Kioxia Surpasses Toyota to Become Japan's Most Valuable Company
On June 12, Japanese storage giant Kioxia's total market value exceeded 44 trillion yen, surpassing Toyota's approximately 43.8 trillion yen, marking the first time it has become Japan's most valuable company. Kioxia has seen a cumulative increase of 678% since the beginning of the year, while Toyota has experienced a cumulative decline of 17.3% during the same period; the Nikkei 225 index has risen 31.15% year-to-date.
Daily Must-Read
-
SuperStrike: As AI Takes Over Financial Decision-Making, A New Era of Wealth Creation Begins
-
The largest IPO in history! Panoramic analysis of SpaceX's IPO: trillion dollar valuation, track change, and Musk's trillion dollar net worth
-
The 90 trillion yuan track is officially legalized: the United States opens up perpetual contracts on the blockchain, and encrypted finance completely rewrites the global trading landscape
-
PayStill Enters the Pure PAYS Era: A Value Aggregator Embarking on a New Growth Cycle
-
Bitwise deep review: Cryptocurrency market faces three major structural changes, reverse layout window opens as bear market ends
-
Goldman Sachs makes a heavy judgment: AI supply chain boom spillover, MLCC opens a new cycle of ultra long quantity price until 2030
All Comments