Economic news(2023/10/11)
Is there a possibility of a cyber attack?
2023-10-11 19:53:00
On the morning of the 10th, a glitch occurred in the Zengin-Net (National Bank Fund Settlement Network) system, which handles the exchange of funds between financial institutions, which affected the nation nationwide, with 11 banks suspending transfers to other banks. has spread. Additionally, Japan Post Bank experienced a system failure on the morning of the 10th, and apps for sending money on smartphones were temporarily unavailable. Why have there been so many bank system failures? Is there a connection? Is it possible that it is due to a cyber attack? I would like to share in detail what has been revealed through the interviews so far.
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Zengin-Net system failure: “Aiming for recovery by 8:30 a.m. tomorrow”
2023-10-11 19:39:00
A glitch has occurred in the system responsible for exchanging funds between financial institutions, causing delays in transfers to other banks at 11 financial institutions on the 11th. Zengin-Net says that the system is expected to be restored by 8:30 a.m. core time tomorrow. Meanwhile, Japan Post Bank also experienced a system failure and was unable to use apps for sending money on smartphones, but it has now fully recovered.
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Yen price rises somewhat against dollar
2023-10-11 18:47:00
At the Tokyo foreign exchange market on the 11th, the yen rose somewhat against the dollar.
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Zengin-Net system failure continues, affecting approximately 2.5 million transactions
2023-10-11 18:46:00
A glitch occurred in the system that handles the exchange of funds between financial institutions, and 11 financial institutions were affected by delays in transfers to other banks on the 11th, but there is no outlook for recovery. As a result, a number of financial institutions are restricting transactions, which may result in delays in salary transfers and remittances for small and medium-sized enterprises. Additionally, Japan Post Bank is experiencing a system failure, and apps for sending money on smartphones continue to be unavailable.
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[Updated from time to time] Zengin-Net system failure, no recovery in sight
2023-10-11 17:55:00
A glitch occurred in the system that handles the exchange of funds between financial institutions, and 11 financial institutions were affected by delays in transfers to other banks on the 11th, but there is no outlook for recovery. As a result, a number of financial institutions are restricting transactions, which may result in delays in salary transfers and remittances for small and medium-sized enterprises. Additionally, Japan Post Bank is experiencing a system failure, and apps for sending money on smartphones continue to be unavailable.
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[Updated from time to time] Zengin-Net system failure, no recovery in sight
2023-10-11 17:12:00
A glitch occurred in the system that handles the exchange of funds between financial institutions, and 11 financial institutions were affected by delays in transfers to other banks on the 11th, but there is no outlook for recovery. As a result, a number of financial institutions are restricting transactions, which may result in delays in salary transfers and remittances for small and medium-sized enterprises. Additionally, Japan Post Bank is experiencing a system failure, and apps for sending money on smartphones continue to be unavailable.
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Kansai Mirai Bank Transfer to other banks after 11:00, deposits must be made after the 12th
2023-10-11 16:31:00
Due to a glitch in the system responsible for exchanging funds between financial institutions, Kansai Mirai Bank also announced that transfers made after 11 a.m. on the 11th to other banks will not actually be received until after the 12th. It is having an impact.
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Stock prices rise, expectations of prolonged US monetary tightening recede, sense of security spreads
2023-10-11 16:12:00
On the Tokyo stock market on the 11th, the Nikkei Stock Average rose as concerns that monetary tightening in the United States would be prolonged receded and investors felt more secure.
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[Updated from time to time] Zengin-Net system failure, no recovery in sight
2023-10-11 16:08:00
A glitch occurred in the system that handles the exchange of funds between financial institutions, and as of the 11th, 11 financial institutions were experiencing delays in transfers to other banks, but there is still no outlook for recovery. As a result, a number of financial institutions are restricting transactions, which may result in delays in salary transfers and remittances for small and medium-sized enterprises. Additionally, Japan Post Bank is experiencing a system failure, and apps for sending money on smartphones continue to be unavailable.
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New market opened on TSE for full-scale launch of “emissions trading”
2023-10-11 15:25:00
Ahead of the full-fledged start of ``emissions trading'' in fiscal 2026, in which companies buy and sell the amount of carbon dioxide they have reduced in order to create a decarbonized society, the Tokyo Stock Exchange announced on the 11th that such transactions will take place at the Tokyo Stock Exchange. A new market has been opened.
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[Updated from time to time] Zengin-Net system failure, no recovery in sight
2023-10-11 13:03:00
A glitch occurred in the system that handles the exchange of funds between financial institutions, and as of the 11th, 11 financial institutions were experiencing delays in transfers to other banks, but there is still no outlook for recovery. As a result, a number of financial institutions are restricting transactions, which may result in delays in salary transfers and remittances for small and medium-sized enterprises. Additionally, Japan Post Bank is experiencing a system failure, and apps for sending money on smartphones continue to be unavailable.
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Hiroshima Momiji Bank Transfers to other banks continue to be affected today
2023-10-11 12:37:00
On the 10th, a glitch occurred in the system connecting financial institutions, and some financial institutions, such as Momiji Bank, whose head office is in Hiroshima, were unable to make transfers to other banks, and even on the 11th, there was no prospect of recovery. not. Momiji Bank is offering other payment methods, but transactions may be slower than usual.
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Yamaguchi Bank, etc. temporarily stopped accepting transfers to other banks
2023-10-11 12:32:00
On the 10th, a problem occurred in the Zengin-Net (National Bank Fund Settlement Network) system, making it impossible for 11 financial institutions to make transfers to other banks, but even on the 11th, there was still no prospect of recovery. not. For this reason, Yamaguchi Bank and other banks have decided to stop accepting transfers to other banks from 11:30 a.m. to 3:30 p.m.
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Kitakyushu Bank continues to be affected by Zengin Net system failure
2023-10-11 12:29:00
A problem occurred on the 10th in the system that handles the exchange of funds between financial institutions, and as of the 11th, there is still no outlook for recovery. The Kitakyushu Bank, whose main office is in Kitakyushu City, continues to be affected.
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Resona Group Transfer may arrive after the 12th
2023-10-11 12:22:00
Resona Group's Resona Bank, Saitama Resona Bank, and Kansai Mirai Bank are accepting transfers to other banks on the 11th, but due to a system glitch on Zengin-Net, the transfers will not arrive at the recipient until after the 12th. There is a possibility of delays.
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Japan Post Bank not yet expected to fully recover, unable to use apps such as remittances
2023-10-11 12:00:00
Japan Post Bank has stated that it will be difficult to fully restore the system by the morning of the 11th, which was the original goal, and that there is no prospect of a complete recovery due to the system failure that has continued since the 10th. Apps for sending money and other things on smartphones continue to be unavailable.
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[Updated from time to time] Zengin-Net system failure, no recovery in sight
2023-10-11 11:58:00
A glitch occurred in the system responsible for exchanging funds between financial institutions, and 11 financial institutions were affected by delays in transfers to other banks on the 10th and 11th, but there is still no outlook for recovery. Not standing. As a result, a number of financial institutions are restricting transactions, which may result in delays in salary transfers and remittances for small and medium-sized enterprises.
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Hiroshima Momiji Bank Transfers to other banks continue to be affected today
2023-10-11 11:54:00
On the 10th, a glitch occurred in the system connecting financial institutions, and some financial institutions, such as Momiji Bank, whose head office is in Hiroshima, were unable to make transfers to other banks, and even on the 11th, there was no prospect of recovery. not. Momiji Bank is offering other payment methods, but transactions may be slower than usual.
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New market opened on TSE for full-scale launch of “emissions trading”
2023-10-11 11:40:00
Ahead of the full-fledged start of ``emissions trading'' in fiscal 2026, in which companies buy and sell the amount of carbon dioxide they have reduced in order to create a decarbonized society, the Tokyo Stock Exchange announced on the 11th that such transactions will take place at the Tokyo Stock Exchange. A new market has been opened.
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[Updated from time to time] Zengin-Net system failure, no recovery in sight
2023-10-11 11:14:00
Due to a glitch in the system responsible for transferring funds between financial institutions, 11 financial institutions were unable to send funds to other banks on the 10th. As of the 11th, there is still no outlook for recovery, and Zengin-Net (National Bank Fund Settlement Network), which operates the system, has said that transfers to other banks may be delayed.
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Shoko Chukin Bank today also suspends transfers to other banks due to Zengin-Net
2023-10-11 10:47:00
Shoko Chukin Bank, a government-affiliated financial institution that provides loans to small and medium-sized enterprises, has announced that it will be suspending bank transfers to other banks from the afternoon of the 10th due to a system glitch on Zengin-Net, and will be suspending bank transfers at branch counters and ATMs across the country. We had previously suspended transactions via payment machines and the Internet, and announced on the 11th that these transactions would continue to be suspended.
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Mitsubishi UFJ Bank ATM/online transfer to other banks Until noon on the 11th
2023-10-11 10:30:00
Mitsubishi UFJ Bank has announced that due to a system glitch on Zengin-Net, bank transfers to other banks will no longer be accepted until 11 a.m. on the 11th, including bank transfers and salary transfers at branches nationwide. In addition, the acceptance of transfers to other banks via ATMs (automated teller machines) and the Internet will be restricted until noon.
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Zengin-Net system glitch, no recovery in sight today
2023-10-11 08:46:00
Due to a glitch in the system that handles the exchange of funds between financial institutions, 11 financial institutions were unable to send funds to other banks on the 10th, but as of the 11th, there was still no prospect of recovery. The organization that operates the system says that transfers to other banks may be delayed.
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TSE: 177 companies newly moved from Prime market to Standard market
2023-10-11 06:41:00
When the Tokyo Stock Exchange reorganized its market in April last year, it tightened the listing standards for the prime market, the highest level, and 177 new companies will move from the prime market to the standard market by the end of this month. Ta.
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Paper instead of plastic Special processing technology expands the uses of paper
2023-10-11 05:46:00
Efforts to use paper instead of plastic, such as paper straws, are becoming more and more environmentally friendly, but material manufacturers are also actively developing new ways to use special processing techniques to further expand the uses of paper. .
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IMF latest outlook for the world economy “widening regional growth disparities”
2023-10-11 02:24:00
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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