南鸟岛位于距离东京都中心约1950公里的东南方向（日本气象厅供图） 南鸟岛海域的稀土泥几乎没有检测出含有放射性物质的有害成分，具有易于加工的优势。南 鸟岛的处理设施将使用脱水装置将其处理成除去水分的泥块，再由其他运输船运往日本本 土…… 日本内阁府作为"战略性创新创造计划（SIP）"的一部分，将在小笠原群岛南鸟岛于2027年 前建设一处用于处理含有稀土的海泥处理设施。该计划拟于2027年开始从约6000米水深的海 底回收稀土的试验，为此将提前建立能够处理大量海泥的体制。 日经中文网 https://cn.nikkei.com 日本内阁认为，从保障经济安全的角度来说确保国产稀土也非常重要，目前正在加紧进行开 发。 稀土是纯电动汽车（EV）等高科技产业不可或缺的材料，但中国占据着全球约70％的产量。 南鸟岛海域分布着富含稀土的海泥。这些海泥中含有EV电机磁铁使用的镝等元素。南鸟岛海 域的稀土泥几乎没有检测出含有放射性物质的有害成分，具有易于加工的优势。 "战略性创新创造计划"将开采海洋稀土资源列为课题之一。计划于2026年1～2月，使用日本 海洋研究开发机构（JAMSTEC）的深海探测船"地球号"，在南鸟岛海域的 ...

Core Viewpoint - The Bank of Japan (BOJ) maintains a dovish stance on interest rate hikes, which is interpreted by the market as less aggressive than expected, contributing to the continued depreciation of the yen [2][6]. Group 1: Interest Rate Policy - The BOJ plans to continue raising interest rates, but the actual rates remain significantly negative due to price fluctuations, indicating that monetary easing is still substantial [2][4]. - BOJ President Ueda expressed that if wages and prices continue to rise, interest rates will be adjusted at an appropriate time [4]. - The market's expectation for aggressive rate hikes has diminished following the BOJ's statements, with the interest rate differential between Japan and the U.S. narrowing by 0.5 percentage points [6]. Group 2: Economic and Price Outlook - Ueda indicated that the neutral interest rate is difficult to estimate and will be assessed at each meeting based on economic and financial conditions [8]. - Concerns about the yen's depreciation impacting domestic prices are prevalent within the BOJ, as rising import costs could lead to higher core inflation rates [9]. - The government, while allowing the BOJ to decide on monetary policy, has mixed opinions on the timing of rate hikes, with some officials suggesting that the December hike may have been premature [9]. Group 3: Future Rate Hike Expectations - Market predictions suggest that the pace of rate hikes may be limited to once or twice a year, with some economists forecasting a gradual increase to 1.5% by mid-2027 [9]. - The risk of delayed rate hikes is increasing, and there is a belief that the BOJ may need to consider the government's preference for maintaining low rates [9].

Group 1 - The market participants interpreted the Bank of Japan Governor Ueda's comments during the interest rate hike press conference as "dovish," leading to a general sense of reassurance in the market [4] - On December 22, the Nikkei average stock index rose significantly, closing at 50,402.39 points, an increase of 895.18 points or 1.8% from the previous weekend [2] - Despite the Bank of Japan announcing an additional interest rate hike on the 19th, major stocks in the AI sector, such as SoftBank Group, Advantest, and Tokyo Electron, showed strong performance, indicating resilience against the rate hike [4] Group 2 - The Nikkei index opened with a nearly 600-point increase, with the rise at one point exceeding 1,000 points [4] - The trend of yen depreciation and a stronger US dollar also provided support in the foreign exchange market, allowing stock prices to remain stable above the critical 50,000-point level [4]

Group 1 - The core viewpoint of the articles highlights the significant increase in high-end consumer goods sales in Japan, driven by the rising Nikkei average index, which has surpassed 50,000 points this year [2][5][6] - Matsuya's jewelry sales in November saw a year-on-year increase of approximately 2.5 times, with luxury watches also experiencing a growth of about 65% [4][5] - The estimated consumption boost from the stock market rise is projected to be around 1.5 trillion yen, which could increase annual consumption by 0.4 percentage points [5][6] Group 2 - Takashimaya reported a 4% year-on-year increase in sales from its "foreign customer" department in November, marking five consecutive months of growth [5] - The sales of high-end watches priced between 5 million to 10 million yen and jewelry over 10 million yen have been particularly strong [5] - The luxury car market is also thriving, with Ferrari's new car sales in November increasing by 5% to 140 units, setting a record for the month [6] Group 3 - Despite the growth in high-end consumption, there remains a significant divide in consumer behavior, with many still exhibiting frugality due to rising prices and stagnant real wage growth [6][7] - A survey indicated that 75% of respondents planned not to travel during the year-end and New Year period, citing high travel costs and economic constraints [7] - The asset effect from the stock market is primarily benefiting older individuals, while the impact on the middle class is weaker, leading to further polarization in consumer spending [7]

Core Viewpoint - The public opinion survey indicates a divided sentiment regarding concerns over the deterioration of China-Japan relations and its potential impact on the Japanese economy, with 46% expressing concern and 48% not concerned [4]. Group 1: Survey Results - In a recent survey conducted by Nikkei and TV Tokyo, 46% of respondents expressed concern about the negative impact of worsening China-Japan relations on the Japanese economy, while 48% indicated they were not concerned, showing a nearly even split [4]. - Among political party supporters, 50% of supporters from the Liberal Democratic Party and the Japan Innovation Party, and 60% from the Democratic Party for the People reported being unconcerned, while 80% of supporters from the Constitutional Democratic Party expressed concern [6]. - Age-wise, 50% of respondents aged 60 and above and those aged 18-39 expressed concern, whereas 60% of the 40-59 age group reported being unconcerned [6]. Group 2: Political Context - Japanese Prime Minister Sanae Takaichi's remarks in November regarding potential crises related to Taiwan have drawn criticism from the Chinese government, which has urged its citizens to exercise caution when traveling to Japan [6].

Core Viewpoint - The U.S. Secretary of State Rubio emphasizes the importance of maintaining a strong partnership with Japan while also seeking constructive ways to cooperate with the Chinese government, highlighting a balanced approach in U.S. foreign policy [2][4]. Group 1: U.S.-China Relations - Rubio acknowledges the existing tensions in U.S.-China relations and stresses the need for the U.S. to maintain balance in the Indo-Pacific region, recognizing China's status as a wealthy and powerful nation that plays a key role in geopolitical dynamics [5]. - He advocates for identifying areas of cooperation with China, suggesting that collaboration on global issues could lead to solutions, while ensuring that U.S. commitments to allies like Japan and South Korea remain intact [5]. Group 2: U.S.-Japan Relations - The statement comes in the context of Japan's Prime Minister's remarks regarding Taiwan, indicating the interconnectedness of U.S. relations with both Japan and China [4]. - Rubio's comments reflect a nuanced stance, aiming to reassure allies while also opening channels for dialogue with China, which contrasts with his historically hardline views [4]. Group 3: Current Diplomatic Climate - The current U.S.-China relationship is described as being in a phase of easing tensions, with recent agreements on tariff reductions and postponed export controls following a meeting between the leaders of both countries [5]. - Future visits are planned, with Trump expected to visit China in April 2026, followed by a visit from Chinese leaders to the U.S., indicating a potential thaw in relations [5].

Core Viewpoint - The Bank of Japan raised interest rates to 0.75% on December 19, but the lack of a clear hawkish stance from the governor led to unexpected depreciation of the yen, with potential for further decline towards 160 yen per dollar [2][4][6]. Group 1: Interest Rate and Currency Impact - The long-term interest rates in Japan rose to 2% for the first time in 19 years following the interest rate hike, but the yen's exchange rate remained relatively stable around 155.80 yen before the announcement [4]. - After the press conference, the yen quickly depreciated, reaching a low of 157.70 yen per dollar, marking a one-month low due to the unexpected lack of aggressive monetary tightening signals from the Bank of Japan [6][8]. - Market participants expect the yen to depreciate further, with many anticipating a rate of around 160 yen by the end of March 2026 [6][8]. Group 2: Market Reactions and Predictions - Analysts predict that the next interest rate hike by the Bank of Japan may not occur until October 2026, leading to a potential depreciation of the yen to 162 yen in the first quarter of 2024 [8]. - Concerns about currency intervention have arisen, especially as the yen approaches the 160 yen mark, with officials indicating readiness to respond to excessive movements [8]. - Some analysts believe that the yen's depreciation may be limited, with expectations of a potential appreciation back to 155 yen by March 2024, influenced by anticipated actions from the U.S. Federal Reserve [9]. Group 3: Stock Market Implications - The depreciation of the yen is expected to benefit export-oriented companies, potentially driving up stock prices, with forecasts suggesting the Nikkei average could rise to between 50,000 and 55,000 points [10]. - Concerns about fiscal expansion and political developments, such as potential early elections, could pose risks to stock prices, with some analysts suggesting a possible adjustment to around 45,000 points [10].

零跑汽车和斯泰兰蒂斯实现了扬长避短和优势互补。换句话说，众车企可能已经进入 一个单枪匹马已无法轻易胜出的时期了。 FT中文网 . 英国《金融时报》集团旗下唯一的中文商业财经网站，旨在为中国商业菁英和决策者们提供每日不可或 缺的商业财经资讯、深度分析以及评论。 零跑汽车在广州车展上展出的低价EV"A10"（11月21日，资料图） 编者荐语： 日本经济新闻社与金融时报2015年11月合并为同一家媒体集团。同样于19世纪创刊的日本和英国的两家 报社形成的同盟正以"高品质、最强大的经济新闻学"为旗帜，推进共同特辑等广泛领域的协作。此次， 作为其中的一环，两家报社的中文网之间实现文章互换。 以下文章来源于FT中文网 ，作者张冬方 文丨FT中文网专栏作家 张冬方 和很多其他中国汽车品牌进入欧洲的路径不一样，零跑汽车选择了和欧洲车企斯泰兰蒂斯合 资的方式，也和大多数中国汽车品牌要么选择电动汽车渗透率高的北欧，要么选择本土汽车 产业没那么强悍的南欧国家作为首站，从而避开德国市场的做法不同，零跑汽车去年秋陆续 进入了包括德国在内的九个市场。 短短一年之后，零跑汽车在销量上实现了一个几乎其他任何中国汽车品牌都没有达成的效 果，那 ...

Group 1 - The approval rating of Prime Minister Sanna Takashi's cabinet is 75%, remaining stable since November, and has been above 70% for three consecutive months since taking office in October [2] - The Bank of Japan raised the policy interest rate to 0.75%, the highest level in 30 years, with 55% of respondents approving the decision [4] - The highest priority policy issue for respondents is addressing inflation, with 55% indicating this as a concern [4] Group 2 - The support rate for the ruling Liberal Democratic Party (LDP) is 37%, a decrease of 4 percentage points from the last survey [4] - The support rates for opposition parties include 9% for the Democratic Party for the People (up from 6%), 7% for the Constitutional Democratic Party (up from 6%), and 5% for the Shinsei Party (down from 7%) [5] - The survey conducted by Nikkei Research received 916 responses with a response rate of 40.1% [5]

Core Insights - Japanese household financial assets have reached a record high, indicating a strong recovery in personal wealth and investment confidence [2] - The balance of stocks held by Japanese households increased by 19.3%, reflecting a growing interest in equity markets [2] Group 1: Financial Asset Growth - Total financial assets of Japanese households have surpassed 2,000 trillion yen, marking a significant milestone in personal finance [2] - The increase in financial assets is attributed to rising stock prices and increased savings during the pandemic [2] Group 2: Stock Market Trends - The stock balance held by households rose to approximately 200 trillion yen, driven by a bullish market sentiment [2] - This growth in stock investments suggests a shift in investment strategies among Japanese households, moving towards equities for better returns [2]