Japan tourism stocks plunge after China travel warning
Japanese tourism and retail stocks tumbled Monday after China warned its citizens against traveling to Japan, deepening a diplomatic crisis over Taiwan that threatens to disrupt one of Asia's most important economic relationships.
Shares in cosmetics company Shiseido plunged as much as 11 percent, while department store operator Takashimaya fell more than 5 percent and Fast Retailing—the owner of Uniqlo—dropped more than 4 percent in morning trading. The declines came after Beijing issued a travel advisory Friday warning Chinese nationals to avoid Japan due to deteriorating diplomatic relations #japan #china #TourismCrisis #stockmarket #Shiseido #Takashimaya #FastRetailing #Geopolitics https://www.perplexity.ai/...
Japanese tourism and retail stocks tumbled Monday after China warned its citizens against traveling to Japan, deepening a diplomatic crisis over Taiwan that threatens to disrupt one of Asia's most important economic relationships.
Shares in cosmetics company Shiseido plunged as much as 11 percent, while department store operator Takashimaya fell more than 5 percent and Fast Retailing—the owner of Uniqlo—dropped more than 4 percent in morning trading. The declines came after Beijing issued a travel advisory Friday warning Chinese nationals to avoid Japan due to deteriorating diplomatic relations #japan #china #TourismCrisis #stockmarket #Shiseido #Takashimaya #FastRetailing #Geopolitics https://www.perplexity.ai/...
Japan tourism, retail stocks plunge after China travel warning - CNA
China has warned its citizens not to travel to Japan in a spat over comments by Prime Minister Sanae Takaichi about Taiwan.
https://www.channelnewsasia.com/east-asia/china-japan-tourism-retail-shares-fall-sanae-takaichi-remarks-5471236
2 days ago
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