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Analysis:Kishida's NISA bet is paying off, just not for Japanese stocks

Summary by Ground News
Japan's big tax break to incentivise its citizens to funnel some of the trillions of yen held in cash into stock market investments is succeeding, but only partially. Under Prime Minister Fumio Kishida, the Nippon Individual Savings Account (NISA) programme is expanding significantly in scope. But investments under the nine-year-old scheme have historically gone primarily into U.S. stocks.

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Analysis:Kishida's NISA bet is paying off, just not for Japanese stocks

TOKYO : Japan's big tax break to incentivise its citizens to funnel some of the trillions of yen held in cash into stock market investments and boost the economy is succeeding, but only partially. Under Prime Minister Fumio Kishida, the Nippon Individual Savings Account (NISA) programme - which exempts re

·Singapore
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Channel News Asia broke the news in Singapore on Thursday, November 30, 2023.
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