On Monday morning in the Asia-Pacific region, the Japanese stock market fell by 1% at the beginning of trading, with retail stocks experiencing significant declines. Shiseido's stock price dropped by as much as 11%, and the stock price of Japan's largest department store group, Mitsukoshi Isetan, fell by 12%, marking the largest declines since April 7.
In terms of news, the Chinese Ministry of Culture and Tourism has solemnly reminded that Chinese tourists should avoid traveling to Japan in the near future.
Japan is considering launching an economic stimulus plan worth approximately 17 trillion yen—according to a report by Nikkei on Saturday, the government of Prime Minister Kishida Fumio is considering formulating a stimulus plan of about 17 trillion yen (approximately 110 billion USD), highlighting the government's focus on expansionary fiscal policy. The report states that the additional budget scale to fund this plan may be around 14 trillion yen, exceeding last year's scale, which could increase Japan's already massive public debt.
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- On Monday, Japan's stock market opened down 1%, with retail stocks experiencing significant declines, including Shiseido dropping 11% and Isetan Mitsukoshi falling 12%, marking their largest drops since April 7.  
- The decline follows a warning from China's Ministry of Culture and Tourism advising Chinese tourists to avoid traveling to Japan.  
- Additionally, Japan is considering a stimulus plan worth approximately 17 trillion yen (about 110 billion USD), highlighting a focus on expansionary fiscal policy, which may further increase the country's already substantial public debt.

The Japanese stock market fell 1% at the beginning of trading, with retail stocks experiencing significant declines