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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI: US March Existing Home Sales Fell 4.3% To 4.19M
Preparations Underway For Biden-Kishida White House Meeting
Japanese news outlet Kyodo has reported that the Japanese government has started preparations for Prime Minister Fumio Kishida to visit the White House and hold a bilateral summit with US President Joe Biden, with January 7-9 has been tipped as a potential date.
- Kishida and Biden met in Phnoem Penh, Cambodia earlier this month at the US-ASEAN summit and, according to the White House, "the two leaders resolved to further strengthen and modernize the U.S.-Japan Alliance to address threats to the free and open Indo-Pacific."
- The meeting will be a high-profile start to a year where Japan will take a more prominent role in global diplomacy. Tokyo will assume the rotating presidency of the G7 and host a leaders' summit in Hiroshima, May 19-21.
- In August, Japan approved a significant defence spending increase which according to Bloomberg, puts Japan, "on a path to become one of the world’s top military spenders."
- Increased military spending and deepening ties with the US and Taiwan is likely to bring Japan closer to confrontation with China. A challenging year ahead for Kishida, a leader already battling low approval.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.