Streetbeat News

EWJ

iShares MSCI Japan ETF

http://www.ishares.com

Industry

Asset Management

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index is designed to measure the performance of the large- and mid-capitalization segments of the Japanese equity market.

Open

67.50

Mkt cap

15B

Volume

5.6M

High

67.56

P/E Ratio

13.67

52-wk high

73.24

Low

67.25

Div yield

0.02

52-wk low

60.62

The Japanese government's guidance for AI will not be legally binding and will carry no penalties for noncompliance. The government is hesitant to impose strict controls due to the rapid development of generative AI.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 4:02 pm

The Japanese government is planning to urge businesses to disclose the types of data used to train generative AI programs. The guidelines, which are expected to be finalized later this year, aim to root out bias and other abuses that could be linked to AI.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 4:01 pm

China is planning to lift its ban on group travel to Japan as early as Thursday, according to Nikkei. This could potentially boost tourism and related sectors in Japan.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:56 am

Japan's household spending for June increased by 0.9% month-on-month, beating the estimate of 0.3% but down from the prior -1.1%. Year-on-year, household spending for June decreased by 4.2%, slightly worse than the estimated -4.1% and the prior -4%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:55 am

The au Jibun Bank Japan Services Purchasing Managers' Index (PMI) for July has come in at 58.3, significantly higher than the estimated 53.9 and the previous month's 54. This indicates a strong expansion in the services sector in Japan.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:34 pm

Japan is building a supply chain for electric vehicle (EV) battery minerals in Africa, according to Nikkei. This move is aimed at reducing Japan's reliance on China for these critical resources. The report did not mention any specific companies involved in this initiative.

Portfolio Pulse from Charles Gross

August 04, 2023 | 9:51 am

The Japan Jobs/Applications ratio for June came in at 1.30, slightly below the estimated 1.32 and the prior figure of 1.31.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 4:13 am

The yield on Japan's 10-year government bond (JGB) auction rose to 0.594% from the previous 0.428%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 4:12 am

The Bank of Japan (BoJ) has indicated a broadening of price and wage hikes following a policy tweak. This move is expected to have an impact on Japan-focused ETFs such as BBJP, DXJ, and EWJ.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 7:32 am

Japan's year-on-year retail sales for June matched the estimated 5.9%, showing a slight increase from the prior 5.8%. This data could potentially impact ETFs that track Japanese equities, such as BBJP, DXJ, and EWJ.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:06 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.