Flight searches in Brazil to Japan jumped 135% after the visa rules ease a couple of weeks ago. Starting September 30, tourists from Brazil and Japan will travel visa-free between the countries. Last month’s visa waiver announcement has boosted interest. Searches for flights to Japan have risen by about 135% this year compared to 2022. […]
Related Posts
Brazil’s Trade Balance Navigates Choppy Waters in October 2024
Brazil’s trade landscape revealed a mixed picture in October 2024. The country achieved a trade surplus of R$ 3.86 billion ($689 million) in the fourth week alone. This contributed to a monthly surplus of R$ 21.55 billion ($3.85 billion). The year-to-date surplus reached an impressive R$ 352.62 billion ($62.97 billion). Exports for the fourth week […]
BlackRock Reduces Stake in Usiminas as Stock Faces 30% Decline
BlackRock has strategically reduced its ownership in Usiminas (USIM5) to 4.928%, now holding 26.9 million class A preferred shares. The investment giant maintains its position purely for investment purposes, without seeking control changes or administrative restructuring. The steel manufacturer’s stock has experienced a significant decline of 32% this year. Despite this downturn, Morgan Stanley sees […]
Ibovespa Weathers Volatility to Close August with Notable Gains
Throughout August, Brazil’s primary stock market index, the Ibovespa, showcased notable resilience. It maintained the 136,000 level and recorded a significant monthly advance of over 6%. Despite this, it ended the final trading day with a slight decrement of 0.03%, closing at 136,004.01 points. The minor drop came after a week of positive fluctuations and […]