News

According to company president Yoichi Hayashi, the company plans to increase its annual investment scale to approximately 100 billion yen (about $623 million), with a focus on chip-related businesses. This figure is significantly higher than the average of 90 billion yen over the past three years.

```htmlGolden Ten Data reported on March 30 that concerns over the Middle East conflict dragging down global economic growth are pushing up sovereign bonds worldwide, reigniting demand for government bonds that had previously been sold off. During the Asian trading session, U.S. Treasuries, as well as Australian and Japanese government bonds, all climbed, as the market speculated that soaring oil prices could be a sign of a long-term global energy shortage. This has supported demand for government bonds, which, until recently, had faced selling pressure due to worries about rising inflation outweighing their traditional safe-haven appeal. Macquarie strategist Gareth Berry said, “If the Middle East war remains unresolved, the market is now boldly imagining what the world will look like in a month's time. People are already comparing it to the COVID-19 period, as the economy is at risk of shutting down—this time due to a lack of fuel.” Before this bond rally, the market went through weeks of selloffs due to surging oil prices and concerns that central banks might raise interest rates. The recent market focus has shifted to slowing economic growth, easing worries that central banks need to adopt an aggressive hawkish stance to rein in inflation.```

Glonghui March 30｜New Zealand will begin offering stock futures based on the S&P/NZX 20 Index in late April, filling a long-standing gap in the country's capital markets. The exchange operator, New Zealand Exchange, announced in Wellington on Tuesday that the contract will open on April 28, supported by a group of fund managers willing to back liquidity. New Zealand Exchange stated that, subject to final regulatory approval, BNP Paribas has been appointed as the designated market maker. Mark Peterson, CEO of New Zealand Exchange, said: "New Zealand has long been an outlier among its developed-economy peers because it did not have a liquid equities derivatives market." He noted that similar developed economies, such as Poland, Portugal, and Sweden, all offer comparable products.