In the Nikkei overnight:

  • Japan Post Holdings revealed plans Wednesday to increase its banking unit's investment in foreign bonds and stocks by 30% to 60 trillion yen ($496 billion) in fiscal 2017
  • Japan Post Bank currently puts more than 100 trillion yen of its over 200 trillion yen in total assets under management in JGBs, but shrinking returns are prompting investment in riskier assets

A familiar story in Japan