2023-11-02 23:39:00
The UK's central bank, the Bank of England, announced that it would keep interest rates unchanged following its previous meeting. The Bank has decided not to raise interest rates in order to assess the impact of monetary tightening on the economy.
2023-11-02 19:03:00
New economic measures decided by the government on the 2nd. Let's take a closer look at its contents.
2023-11-02 18:58:00
Nippon Steel announced that it had waived its claim in a lawsuit seeking damages from Toyota Motor Corporation and Mitsui & Co. for infringing its steel product patents, effectively withdrawing the lawsuit. Continuing the dispute is not good for strengthening Japan's industrial competitiveness.
2023-11-02 18:29:00
In the Tokyo foreign exchange market on the 2nd, the yen exchange rate rose as there was a growing view that the possibility of an additional interest rate hike by the US Federal Reserve by the end of the year was decreasing, and there was a movement to buy the yen.
2023-11-02 18:21:00
Sumitomo Mitsui Trust Bank has announced that, in light of the recent rise in long-term interest rates, it will raise interest rates on yen time deposits with terms of 5 to 8 years from the 6th of this month for the first time in 16 years. This move follows the largest bank, Mitsubishi UFJ Bank, which announced on the 1st that it would raise interest rates on time deposits, with the aim of securing deposits in anticipation of a full-fledged rise in interest rates.
2023-11-02 16:29:00
Toyota Motor Corporation has submitted a recall to the Ministry of Land, Infrastructure, Transport and Tourism for approximately 330,000 vehicles in 22 vehicle models, and Daihatsu Motor Corporation has submitted a recall for approximately 270,000 vehicles in 6 vehicle models, citing concerns that a malfunction with the fuel pump may cause the engine to stall.
2023-11-02 16:05:00
On the 2nd, the Tokyo stock market and the Nikkei Stock Average rose for the third consecutive business day.
2023-11-02 14:24:00
The cost of building the venue for the Osaka/Kansai Expo to be held next year is expected to increase by 50 billion yen, up to 235 billion yen, and the government has announced that it is unavoidable due to rising prices, etc. We have announced that we will accept one-third of the increased amount.
2023-11-02 12:09:00
In the Tokyo stock market on the 2nd, buying orders spread as fears of an economic downturn due to interest rate hikes eased in response to remarks by Chairman Jerome Powell of the Federal Reserve, the US central bank, and the Nikkei Stock Average briefly rose above 400 yen. Prices are rising.
2023-11-02 09:27:00
On the 2nd, the Tokyo stock market and Nikkei average stock price rose by more than 400 yen at one point. Statements by Chairman Jerome Powell of the US Federal Reserve Board (Fed) have spread the view that the possibility of further interest rate hikes within this year has decreased, easing concerns that the economy will decline due to interest rate hikes. In response to this, buy orders spread to many stocks in the Tokyo market immediately after trading began.
2023-11-02 09:19:00
In the New York financial market on the 1st, there was a widespread view that the possibility of further interest rate hikes within the year was decreasing following remarks by Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average on the New York Stock Exchange rose by more than 200 points, and the yen was bought back, rising somewhat to the low 150 yen level to the dollar.
2023-11-02 06:36:00
The Federal Reserve Board of the United States (Federal Reserve System) held a meeting to decide on monetary policy and announced on the 1st that it had decided not to raise interest rates and keep the policy interest rate unchanged. The main factors are that inflation continues to decline and long-term interest rates tend to rise, placing a burden on households and businesses.
2023-11-02 05:11:00
The government will decide on new economic measures on the 2nd. The scale of the economic measures, including tax cuts, is expected to be in the low 17 trillion yen range, including fixed income tax cuts, benefits for low-income households, and extensions of subsidies to keep gasoline prices down.
2023-11-02 04:14:00
Taxi companies in Tokyo, which are suffering from a shortage of drivers, are actively hiring people with no experience. We aim to create a comfortable work environment and secure human resources.
