Economic news(2023/10/10)
Sompo Japan releases interim report on fraudulent insurance claims issue
2023-10-10 22:49:00
Sompo Holdings, the parent company of Sompo Japan Insurance, has released an interim report compiled by an investigative committee made up of outside lawyers regarding the issue of fraudulent insurance claims made by Big Motor. Regarding Sompo Japan Insurance's decision to resume transactions last year despite being aware of the possibility of fraud, he harshly criticized the company for ``recognizing that the decision was likely to damage the company's reputation and lacking imagination.'' I am.
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Customer harassment at inns, etc. Ministry of Health, Labor and Welfare gives examples of refusing accommodation
2023-10-10 22:20:00
Regarding the revised Hotel Business Act, which allows inns and hotels to refuse accommodation to guests who repeatedly engage in "customer harassment" such as acts of nuisance or requests for overly burdensome services, a review committee of the Ministry of Health, Labor and Welfare has determined that accommodation charges are unreasonable. We have summarized specific cases in which the facility may refuse accommodation, such as when a discount is requested.
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Japan Post Bank: Full recovery expected by tomorrow morning
2023-10-10 21:54:00
Japan Post Bank's internet banking and other services have been unavailable since the morning of the 10th. Of these, the online banking service ``Japan Post Bank Direct'' and the smartphone payment service ``Japan Post Bank Pay'' have been restored, but the recovery work for the ``Japan Post Bankbook App'' is taking time, and full recovery is not expected until tomorrow morning.
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Zengin-Net defect affects 1.4 million transfers; other methods will be used
2023-10-10 21:18:00
Due to a glitch in the Zengin-Net (National Bank Fund Settlement Network) system, which handles the exchange of funds between financial institutions, 11 financial institutions were unable to transfer money to other banks starting on the morning of the 10th. There is no outlook for recovery, and 1.4 million transfers have been affected at this time, but the company says it will be able to handle transactions on the 11th by using other methods to allow transfers. .
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Zengin Net glitch affects 1.4 million transfers, no prospects for recovery
2023-10-10 19:31:00
Zengin Net (National Bank Fund Settlement Network), which handles the exchange of funds between financial institutions, experienced a system glitch, and from the morning of the 10th, 11 financial institutions were unable to transfer funds to other banks. It was revealed that 1.4 million transfers were affected. Of these, 1 million cases have been processed through other means, and the remaining 400,000 cases will continue to be dealt with. Although there is no outlook for when the system will be restored, the company plans to proceed with transactions tomorrow through other means.
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No prospects for recovery from Zengin-Net glitch affecting 11 financial institutions
2023-10-10 19:09:00
Due to a glitch in the Zengin-Net (National Bank Fund Settlement Network) system, which handles the exchange of funds between financial institutions, 11 financial institutions were unable to transfer money to other banks starting on the morning of the 10th. We are using backup methods to process transactions for which we have received transfers, but there is no prospect of recovery.
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Yen market: small price movements
2023-10-10 18:33:00
In the Tokyo foreign exchange market on the 10th, the yen exchange rate showed slight price movements.
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Hankyu Bus will abolish four routes between Osaka and Hyogo next month due to driver shortage
2023-10-10 18:12:00
Amidst a shortage of bus drivers across the country, four Hankyu Bus routes running in Osaka and Hyogo prefectures will be discontinued on the 5th of next month due to a driver shortage.
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IMF latest outlook for the world economy “widening regional growth disparities”
2023-10-10 18:12:00
The International Monetary Fund (IMF) has released its latest outlook for the global economy. It has revised down next year's global economic growth rate by 0.1 percentage points, pointing out that growth disparities between regions are widening.
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Sompo Japan releases interim report on fraudulent insurance claims issue
2023-10-10 17:53:00
Sompo Holdings, the parent company of Sompo Japan Insurance, has released an interim report compiled by an investigative committee made up of outside lawyers regarding the issue of fraudulent insurance claims by Big Motor. Regarding Sompo Japan Insurance's decision to resume transactions last year despite being aware of the possibility of fraud, it was harshly criticized, saying, ``There was a decisive lack of imagination and recognition that the decision was likely to damage the company's reputation.'' .
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"Japan Post Direct" and "Japan Post Pay" are restored due to system glitch.
2023-10-10 16:42:00
Japan Post Bank's services such as internet banking and smartphone payments continued to be unavailable, but the internet banking service ``Japan Post Direct'' and the smartphone payment service ``Japan Post Pay'' have been restored. The company is also working quickly to restore the remaining services.
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September Economy Watcher Survey: Lower than previous month for 2 consecutive months due to rising prices
2023-10-10 16:03:00
Last month's Economy Watcher survey, which asked working people about their feelings about the economy, showed that the index showing the current state of the economy was lower than the previous month for the second consecutive month, due mainly to households becoming more frugal due to rising prices.
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Problem with Zengin Net: Transfers to other banks are not possible at 11 financial institutions
2023-10-10 16:01:00
The Japanese Bankers Association has revealed that 11 financial institutions, including Mitsubishi UFJ Bank, have been unable to make transfers to other banks since the morning of the 10th due to a glitch in the system connecting financial institutions.
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Stock price rose by more than 800 yen at one point, almost all the way up due to rising stock prices in the US
2023-10-10 15:38:00
On the 10th, the Nikkei stock average on the Tokyo stock market rose by more than 800 yen.
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Agreement to secure human resources for ``60-year-old firefighters to become bus drivers'' Mie Kuwana
2023-10-10 15:07:00
As the shortage of bus drivers becomes an issue nationwide, Kuwana City in Mie Prefecture has entered into an agreement with a local bus company that will allow fire department personnel to work as bus drivers when they reach the age of 60 from April next year. I tied it.
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``Japan Post Direct'' is restored Japan Post Bank system glitch
2023-10-10 14:59:00
At Japan Post Bank, services such as internet banking and smartphone payments continued to be unavailable, but the internet banking service ``Japan Post Direct'' was restored at 2 p.m. The company is also rushing to restore other services such as smartphone payments.
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Stock price rose by more than 800 yen at one point, almost all the way up due to rising stock prices in the US
2023-10-10 14:08:00
On the 10th, the Tokyo stock market and the Nikkei Stock Average rose by more than 800 yen at one point.
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Mr. Takaichi aims to complete the security clearance system by the end of the year
2023-10-10 13:40:00
Minister of Economy and Security Takaichi will hold a meeting of government experts from the 11th in order to create a system called "security clearance," which checks in advance the trustworthiness of people handling important information in order to prevent the leakage of cutting-edge technology. They have resumed discussions on the issue and expressed their intention to reach a final conclusion on what the system should be by the end of the year.
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Finance Minister Suzuki actively discusses important issues at the G20 Finance Ministers and Central Bank Governors Meeting
2023-10-10 13:00:00
Finance Minister Suzuki will attend the G20 (G20) finance ministers and central bank governors meeting to be held in Morocco, North Africa, from the 12th of this month, and will actively discuss trends in the global economy and financial markets following Russia's invasion of Ukraine. presented an idea that contributed to the discussion.
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Stock prices rose by more than 700 yen, almost all the way up due to the rise in the US Dow Jones Industrial Average
2023-10-10 12:09:00
On the 10th, the Tokyo stock market and Nikkei average stock price rose by more than 700 yen.
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Problem with Zengin Net: Transfers to other banks are not possible at 11 financial institutions
2023-10-10 12:06:00
The Japanese Bankers Association has revealed that 11 financial institutions, including Mitsubishi UFJ Bank, have been unable to make transfers to other banks since the morning of the 10th due to a glitch in the system connecting financial institutions.
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Problems with "Japan Post Bank Direct" etc. No progress in recovery.
2023-10-10 11:49:00
Japan Post Bank has experienced a problem with its internet banking, smartphone payment, and other systems, and services continue to be unavailable.
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Problem with Zengin Net Unable to transfer funds to other banks
2023-10-10 11:07:00
According to Mitsubishi UFJ Bank, there has been a problem with the Zengin Net (National Bank Fund Settlement Network) system that connects banks, and some transactions, such as transfers to other banks, are no longer possible. It is said that transfers from other banks are not possible. Similarly, Resona Bank has also stated that some transactions are no longer possible due to a system glitch related to Zengin-Net.
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Problems such as "Japan Post Direct" and "Japan Post Pay" cannot be used
2023-10-10 10:35:00
According to Japan Post Bank, there is a problem with ``Japan Post Bank Direct,'' which allows you to make transactions such as remittances over the Internet, ``Japan Post Passbook App,'' which allows you to check balances and transfer money on your smartphone, and ``Japan Post Pay,'' which allows you to pay with a smartphone. This means that the situation continues.
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August current balance surplus for 7th consecutive month due to decline in import prices of energy resources
2023-10-10 10:14:00
Japan's current account balance, which shows how much money it makes from overseas trade and investment, was in the black for the seventh straight month in August. The main factor was a decline in import prices for energy resources such as crude oil.
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Stock price rises by more than 700 yen as concerns about prolonged US monetary tightening recede
2023-10-10 10:10:00
On the 10th, the Tokyo stock market and Nikkei average stock price rose by more than 700 yen. In the United States, concerns about prolonged monetary tightening receded due to comments by the Federal Reserve Board of Governors, and stock prices rose.Buy orders began to gather in the Tokyo market immediately after the start of trading. It is almost entirely high.
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Will there be a shift from trucks to ships and trains?Long-distance transport due to labor shortages
2023-10-10 05:34:00
In response to the ``2024 problem,'' which concerns a shortage of truck drivers, the government plans to promote a ``modal shift,'' which involves changing transportation methods centered on trucks. In the logistics industry, there is a movement to shift long-distance transportation to ships and railways.
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Ministry of Agriculture, Forestry and Fisheries to consider system that would allow orders to increase production in times of food shortages in Japan
2023-10-10 05:33:00
As strengthening food security becomes an issue, the Ministry of Agriculture, Forestry and Fisheries has introduced a system that allows producers and trading companies to instruct producers and trading companies to create plans for increased production and emergency imports in the event that there is a risk of food shortages within the country. We have started considering.
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London exchange market: Yen appreciates to mid-148 yen level due to Israeli situation
2023-10-10 05:24:00
On the 9th, in the London foreign exchange market, there was a movement to buy the yen, and the yen market temporarily fell, amid increasing uncertainty about the future due to the large-scale attack on Israel by the Islamic organization Hamas and the Israeli military's retaliatory strategy. The price has risen to the mid-148 yen level to the dollar.
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NY stock prices temporarily fall, crude oil futures prices rise due to Israeli situation
2023-10-10 05:05:00
In the New York financial market, the Dow Jones Industrial Average briefly exceeded $150 as concerns spread over the future of the world economy and crude oil supplies following the large-scale attack on Israel by the Islamic organization Hamas and the Israeli military's retaliatory operations. In addition to falling prices, international crude oil futures prices at one point rose more than 5% compared to last weekend.
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