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Stock impact report

Weak Government in Japan May Help Retail Stocks, Utilities, Tech [Yahoo! Finance Canada]

Monolithic Power Systems, Inc. (MPWR) 
Last monolithic power systems, inc. earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.monolithicpower.com/investor-relations
(Bloomberg) -- The newfound influence of opposition lawmakers in Japan has investors looking for gains in the shares of retailers and electricity generators. Most Read from Bloomberg That's due to expectations that Prime Minister Shigeru Ishiba may cut taxes to keep smaller parties on side — increasing workers' disposable income — and because both the ruling coalition and its most likely allies want to restart more of Japan's nuclear reactors. The outlook for other sectors is less clear. Defense-related shares face risks from parliamentary division over how to fund a planned increase in military spending. Investors also worry that a more fractured government will be slower to make decisions, delaying key moves like corporate governance reforms and trade negotiations with an upcoming Trump administration in the US. “With the ruling parties now in a minority, they'll have no choice but to coordinate with the opposition,” said Yuko Iizuka, an economist at Asset Management One. Show less Read more
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