In today’s briefing:
- Ohayo Japan | Rate Fears; Phase-Out of F-Gases for Heat Pumps Negative for Daikin
- Indonesia Election 2024: The Conundrum
- China Property Developers In Distress – Weekly News & Announcements Tracker | 13-19 October 2023
Ohayo Japan | Rate Fears; Phase-Out of F-Gases for Heat Pumps Negative for Daikin
- Overseas: SPX -0.8% , Nasdaq -0.8%; Fed Chair still concerned about inflation; jobs data shows ongoing econ strength; Tesla -9%
- Today: NKY Futs -0.5% v cash. JPY 149.8/$; Calbee to test biogas production; Disco expects weakness in demand to continue; Softbank to build data center in Hokkaido
- JapanX: The accelerated phase-out of F-gases, though aiming to make heat pumps cleaner, may hinder the shift from fossil fuels. Daikin and the industry face challenges and need swift adaptation.
Indonesia Election 2024: The Conundrum
- The Indonesian election will take place on February 14, 2024, and registration for president and vice president candidacies has opened starting today.
- PDIP has nominated Ganjar and Mahfud, while Nasdem has nominated Anies and Muhaimin Iskandar, the deputy speaker of the People’s Representative Council of Indonesia.
- It now depends on who Prabowo, the current defense minister and two-time presidential candidate, will run with.
China Property Developers In Distress – Weekly News & Announcements Tracker | 13-19 October 2023
- A weekly curated selection of Chinese news articles and company announcements focused on developers in distress
- We look for their deals, updates, specific project progress news (‘local signals’), as well as relevant local research commentaries about the market
- We do not verify the underlying data or provide any opinion, we only select and summarize the information; See direct links to sources