Public sector companies and key government bodies ramped up capital expenditure in April, with a 63% surge that signals a strong start to the fiscal year FY27. The higher outlay points to renewed momentum in infrastructure priorities, which analysts say can support economic stability despite global uncertainties and an already higher base than last year.
Japanese government bond yields dropped sharply as investors bought heavily at the beginning of the new fiscal year. The move was reinforced by improving sentiment tied to optimism that the Middle East conflict could de-escalate. With demand lifting bond prices, yields moved lower quickly, reflecting renewed risk appetite and expectations of calmer regional conditions.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
