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Prime Minister Sanae Takaichi’s falling public support is sharpening investor concern that her government may respond with tax cuts and heavier spending, adding pressure on the yen and Japan’s government bond market.

A July poll showed approval for Takaichi’s Cabinet dropping to 57% from 69% in June, as households grew more dissatisfied with rising living costs. Other surveys have also pointed to weakening support, though the level varies considerably among polling organisations.

The decline has placed greater scrutiny on the government’s economic strategy. Takaichi has defended an expansionary programme built around public and private investment in strategic industries, arguing that stronger productivity and economic growth will ultimately restore confidence in the currency.

Market strategists see a growing risk that weaker ratings could push the administration towards measures offering faster political relief. These could include reductions in consumption taxes, expanded subsidies or additional spending aimed at cushioning households from food and energy inflation.

Such steps may prove popular with voters but could unsettle investors unless the government provides a credible funding plan. Japan already carries one of the world’s largest public debt burdens, exceeding twice the size of its economy, while higher interest rates are raising the cost of servicing that debt.

The yen has been trading near 160 to the dollar, increasing the price of imported fuel, food and industrial materials. Its weakness has become a political problem because the benefits to exporters and tourism are being offset by pressure on household purchasing power.

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Investors remain sensitive to any indication that the government could pursue fiscal expansion while discouraging tighter monetary policy. The Bank of Japan raised its benchmark rate to 1% in June, the highest level in more than three decades, and economists expect another increase before the end of 2026 if inflation or yen weakness intensifies.

The central bank is expected to keep rates unchanged at its next policy meeting while signalling that further tightening remains possible. Its challenge is to contain import-driven inflation without weakening an economy facing demographic pressures, soft consumption and a heavy public debt load.

More than four-fifths of economists surveyed this month expect the policy rate to reach 1.25% by December. A rise could support the yen by narrowing the interest-rate gap with the United States, but it would also put upward pressure on government borrowing costs.

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Get ready for juju’s Great Fluffy Summer at Pacific Place this July

HONG KONG SAR – Media OutReach Newswire – 27 July 2026 – Pacific Place is delighted to announce juju world, a summer collaboration with internationally acclaimed Australian artist CJ Hendry, running from 23 July to 16 August 2026. Conceived and produced in partnership with creative house Pen & Paper, the event marks Hong Kong’s first large-scale juju experience, transforming the shopping destination into an immersive world inspired by Hendry’s collectible character. The event will feature a Hong Kong exclusive merchandise collection, a wide range of interactive experiences, and seasonal shopping rewards. Pacific Place is set to be the city’s most talked-about cultural and retail destination this summer.

Pacific Place x CJ Hendry Unveil Hong Kong's First Large-Scale juju Experience This Summer
Pacific Place x CJ Hendry Unveil Hong Kong’s First Large-Scale juju Experience This Summer

Who is juju?

Created by CJ Hendry, juju is a collectible character recognised for its floppy ears, flower eye and playful personality. Occupying a unique space in contemporary collectible culture, juju is both an objet d’art and an emotional companion. This summer, juju arrives in Hong Kong in a spectacular new form.

A Planet Has Landed at Pacific Place

At the heart of this whimsical universe is the juju Planet, a vibrant centrepiece surrounded by a colourful wonderland of oversized trees and fluffy clouds of pom-poms, with larger-than-life juju characters welcoming you with open arms. Touch, explore and trigger surprises — every interaction transforms juju world into an unforgettable, multi-sensory adventure for dreamers of all ages.

juju world

Dates: 23 July – 16 August 2026
Time: 10am – 10pm
Location: Garden Court, Level LG1
Entry: No registration required

Step into the Magic

juju Planet

Perched atop the planet is a gigantic juju, gently welcoming visitors into this surreal landscape.
Experience Pure Joy
The Dreamy Swing
Embrace your inner child by sitting on the swing with juju. Snap a photo with the tall, colourful trees — their joyful appearance is sure to bring back lots of happy memories.
The Fluffy Hideaway

juju Room

Step inside an immersive circular chamber where over 400 juju plushies line the walls, surrounding visitors in a sea of fluff.
The Mirror of Dreams

juju Infinity Mirror

Inspired by juju’s signature flower eye, this mirrored installation creates endless reflections of the playful world around it.
Gentle Giant
Meet the Giant juju
Standing an impressive two metres tall, the Giant juju welcomes visitors for an unforgettable up-close experience. Whether posing beside it, hugging it or capturing the perfect keepsake photo, this larger-than-life installation brings the beloved character to life.


CJ Hendry Unveils Hong Kong-Exclusive juju Collectibles

Created exclusively for Pacific Place, the shimmering collection introduces iridescent juju inspired by the city’s vibrant energy. On top of the nine standard versions, five additional secret versions will be added to the collection as a delightful surprise. Available in limited-edition blind boxes, each is housed in a specially designed shiny collectible tin, turning the act of unboxing into a unique experience. The fun continues as visitors unlock surprise accessories at the Capsule Toy Station and customise their juju with interchangeable flower eyes, outfits and more.

juju world Merchandise Store
juju world Merchandise Store

juju world Merchandise Store & Capsule Toy Station

Dates: 23 July – 16 August 2026
Time: 11am – 9pm
Location: Level L1, near Lane Crawford
Entry: Through member entry booking or on-site queue tickets (see details below)

The Collector’s Dream

juju world Merchandise Store

This is the only place in the world to find the rarest new jujus — the Hong Kong-exclusive limited collection, including both the standard and secret versions, alongside loveable 12″ juju plushies dip-dyed in rainbow ombré, and many more limited-edition summer essentials. Quantities are limited, so come early and ready to collect!

Visitors are required to register as above members to receive an On-site Queue ticket, distributed daily from 10am. Existing above blue, above gold, above platinum and above black members may also reserve entry in advance via the Pacific Place Mobile App.

Availability is limited and offered on a first-come, first-served basis while stocks last.

For more details, please visit the Pacific Place Website.

The Spin-and-Style Studio

juju Capsule Toy Station

Purchase a token, spin the capsule machine, and unlock a playful selection of accessories to style your juju exactly as you wish. Choose from clothing, hair ties, and earrings, alongside interchangeable flower eyes making their Hong Kong debut. Your juju will truly be like no other!

Stocks are available on a first-come, first-served basis.


A Summer Full of Rewards

juju world is the centrepiece of a summer season at Pacific Place designed to delight at every turn. From 23 July to 16 August, shopping at Pacific Place and Starstreet Precinct also unlocks the ‘Dreamlike Summer’ rewards programme, offering exclusive Pacific Place shopping e-Vouchers with designated same-day electronic spending, with eligible UnionPay cardholders enjoying additional rewards on top.

Accumulated Same-day
Electronic Spending
General Rewards* UnionPay Users Extra Rewards#
HK$5,000 – HK$34,999 HK$100 Pacific Place
Shopping e-Voucher
HK$50 Pacific Place
Shopping e-Voucher
HK$35,000 – HK$64,999 HK$600 Pacific Place
Shopping e-Voucher
HK$600 Pacific Place
Shopping e-Voucher
HK$65,000 – HK$119,999 HK$1,300 Pacific Place
Shopping e-Voucher
HK$1,300 Pacific Place
Shopping e-Voucher
HK$120,000 or above HK$2,400 Pacific Place
Shopping e-Voucher
HK$2,400 Pacific Place
Shopping e-Voucher

*General shoppers and eligible UnionPay users are required to join the Pacific Place Loyalty Programme – above and meet the accumulated same-day spending requirement by electronic payment during the Promotion Period in order to be entitled to redeem General Rewards and UnionPay Users Extra Rewards.

#To redeem the UnionPay Users Extra Rewards, shoppers must settle the relevant transaction(s) with UnionPay Credit and ATM Cards with the UnionPay logo, UnionPay Mobile Payment (including but not limited to Apple Pay, Samsung Pay, Huawei Pay) or UnionPay QR Code (including UnionPay App or other App supporting UnionPay QR Code Payment), except the RMB cards issued by specific Hong Kong and Macau card issuing institutions. The qualified transaction(s) must be settled via the UnionPay network in full. WeChat Pay, Alipay and AlipayHK are not eligible for this Promotion. During the Promotion Period, UnionPay users are entitled to redeem the UnionPay Users Extra Rewards up to 5 times. UnionPay users must settle their payment by UnionPay when using the Shopping e-Vouchers from the Extra Rewards. Each shopper is entitled to a maximum of ONE redemption of Rewards per day. The Rewards are limited in quantity and are available on a first-come, first-served basis while stocks last.

Terms and Conditions apply.

Dates: 23 July – 16 August 2026
Time: 11am – 10pm
Location: Gift Redemption Counter on Level L2 (near Joyce)

This summer, Pacific Place becomes something more than a destination. It becomes a world. And juju can’t wait to welcome you in.

Hashtag: #jujuworldHK #ThePlaceForCollectibles #ThePlaceForjuju #PacificPlaceHK #CJHendry #juju

The issuer is solely responsible for the content of this announcement.

About CJ Hendry

CJ Hendry is an Australian, New York-based contemporary artist renowned for her hyper-realistic drawings and large-scale immersive installations. Known for creating ambitious, experiential exhibitions that invite public participation, Hendry has developed a distinctive practice that combines fine art, spectacle, and play. Her projects often explore themes of materiality, consumer culture, value, and perception, turning galleries into fully realized environments that challenge traditional ways of viewing art.

Hendry’s work has been exhibited internationally and collected worldwide, attracting a global audience through her unique ability to merge technical mastery with humour, accessibility, and immersive storytelling.

About Pacific Place

Located in the heart of Admiralty, Pacific Place is the destination for exceptional service and unique experiences. As a pioneer of innovative retail concepts in Hong Kong, Pacific Place continues to transform the retail scene by delighting visitors with an array of curated experiences through diversified offerings. Since its inception in 1988, Pacific Place has established itself as Hong Kong’s premier lifestyle hub, a mixed-use development that continues to evolve and grow as the ultimate destination to shop, dine, work, stay, relax and play. It houses one of Hong Kong’s largest collections of luxury brands and diverse dining offerings, making every visit a memorable one. In addition to being a prime transportation hub, Pacific Place is home to five Grade-A office towers, 268 serviced apartments, and four five-star hotels: The Conrad, Island Shangri-La, JW Marriott and Upper House Hong Kong.

Customer enquiry hotline: (852) 2844 8988 Website: www.pacificplace.com.hk
Facebook: @Pacific Place Hong Kong Instagram: @pacificplacehk
WeChat: @PacificPlaceHK XiaoHongShu: @Pacific Place HK

About Pen & Paper

Pen & Paper is an established Hong Kong–based creative agency. As the creative and production partner for juju world at Pacific Place, Pen & Paper is bringing artist CJ Hendry’s whimsical universe to Hong Kong, continuing her creative journey in Asia Pacific.

Arabian Post Staff -Dubai The UAE and Indonesia are moving to deepen financial cooperation through interconnected payment systems, local-currency transactions and digital innovation aimed at making cross-border transfers faster and less costly. Central Bank of the UAE Governor Khaled Mohamed Balama discussed the proposals with Indonesia’s Ambassador to the UAE, Judha Nugraha, during a meeting at the central bank’s headquarters in Abu Dhabi. Assistant governors and senior […]

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Arabian Post Staff -Dubai The mother of NEET aspirant Akanksha Chaturvedi has rejected Dharmendra Pradhan’s resignation as sufficient accountability for the examination paper leak, demanding stringent punishment for those responsible and the resignation of the government’s top leadership. Neelam Chaturvedi said the departure of the education minister did not deliver justice for her 18-year-old daughter, who died by suicide after the National Eligibility-cum-Entrance Test was cancelled and […]

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Youth protesters celebrated across New Delhi and other cities after Education Minister Dharmendra Pradhan resigned on Saturday, delivering a major political victory to a movement demanding accountability for examination paper leaks and wider failures in the testing system.

Supporters of the youth-led Cockroach Janta Party danced, raised slogans and waved national flags at their protest site at Jantar Mantar after Pradhan announced his departure. The group declared that “democracy wins” and called off its agitation after the government accepted key demands, including reforms to examination administration.

Pradhan’s resignation marked the first major concession by Prime Minister Narendra Modi’s government during weeks of demonstrations, sit-ins and hunger strikes. The protests began over allegations that papers for highly competitive entrance examinations had been leaked, affecting the prospects of millions of students seeking admission to colleges and professional courses.

The movement had insisted that administrative reforms alone would not be sufficient without ministerial responsibility. Protest organisers said Pradhan had to step down because the repeated breaches had damaged public trust and imposed financial and emotional costs on candidates and their families.

Modi announced on Sunday that a high-powered task force headed by technology entrepreneur Nandan Nilekani would overhaul the examination system. The panel will examine the use of technology, security procedures, logistics and administrative safeguards to make tests more transparent and resistant to manipulation.

The government also plans to introduce legislation in Parliament to strengthen penalties for those involved in leaking examination papers. The proposed measures are expected to target organised networks that obtain, distribute or sell question papers before examinations.

Nilekani, a co-founder of Infosys who played a central role in developing the Aadhaar digital identity programme, will lead a six-member group that includes specialists in technology, intelligence, space research, education and public administration. The selection signals an effort to combine digital safeguards with tighter physical security at printing centres, storage facilities and examination venues.

The concessions offered to protest leaders include the withdrawal of police cases filed against demonstrators and compensation for families of students who died by suicide following examination-related distress. Authorities also agreed to consider mechanisms for faster investigation and prosecution of paper-leak cases.

The agitation intensified after tens of thousands of young people marched towards Parliament in New Delhi. Police used batons and tear gas to stop protesters, leading to injuries and widespread criticism of the handling of the demonstration.

Security restrictions affected central parts of the capital, with several metro stations temporarily closed. Demonstrations spread to Mumbai, Bengaluru, Kolkata, Goa, Guwahati, Thiruvananthapuram, Jammu and Ahmedabad, turning a dispute over examination integrity into a national political challenge.

Opposition lawmakers joined the protesters’ demand for Pradhan’s resignation and repeatedly disrupted proceedings in Parliament. Congress leader Rahul Gandhi and several other opposition figures were detained during a demonstration near the prime minister’s residence and released later.

Pradhan, 57, had served in the Union government since Modi took office in 2014 and held several senior portfolios. His political standing within the Bharatiya Janata Party initially encouraged expectations that the government would defend him, even as pressure mounted from students, parents, activists and opposition parties.

The Cockroach Janta Party began as an online satire before developing into an organised protest platform. Its irreverent slogans, artwork and social-media campaigns attracted students, young professionals and families who felt established organisations had failed to articulate their concerns.

Environmental activist Sonam Wangchuk strengthened the campaign by beginning a hunger strike on June 28. He was later moved to hospital after his health deteriorated and demanded guarantees that participants would not face retaliatory legal action.

The examination controversy expanded into a wider debate over unemployment, limited economic opportunities and the intense competition surrounding public-sector recruitment and professional education. Young candidates often spend several years and substantial family savings preparing for entrance tests, making cancellations or leaks especially damaging.

About two million candidates were affected by the medical entrance examination at the centre of the latest dispute. Protesters argued that recurring allegations of compromised papers showed that existing safeguards had failed to keep pace with organised criminal groups and digital methods of distribution.

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RYO YAMADA
HITORI GOTOH
IKUYO KITA