Economic news(2023/12/19)
London market Yen exchange rate falls to the upper 144 yen level to 1 dollar, and the yen continues to depreciate
2023-12-19 21:14:00
In the London foreign exchange market on the 19th, the yen continued to depreciate due to the Bank of Japan's decision to maintain large-scale monetary easing measures, and the yen exchange rate fell to the low 144 yen level to the dollar.
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Monthly Economic Report: Maintaining the basic tone of “moderate recovery despite some stagnation”
2023-12-19 19:51:00
The government compiled this month's monthly economic report and maintained its basic assessment that the economy is recovering moderately, although there has been some slowdown in some areas recently, based on factors such as a pick-up in personal consumption.
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ENEOS president dismissed for hugging woman while drunk, explanation of excessive drinking
2023-12-19 19:36:00
ENEOS Holdings, the largest oil distributor, announced that its president, Takeshi Saito, has been dismissed from his position after he was found to have acted inappropriately by hugging a woman who was with him at a social gathering. Regarding ENEOS, the company's then-chairman resigned last year after being accused of sexually inappropriate behavior toward a woman at a restaurant.
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ENEOS president dismissed for hugging woman while drunk, explanation of excessive drinking
2023-12-19 18:56:00
ENEOS Holdings, the largest oil distributor, announced that its president, Takeshi Saito, has been dismissed from his position after he was found to have acted inappropriately by hugging a woman who was with him at a social gathering. Regarding ENEOS, the company's then-chairman resigned last year after being accused of sexually inappropriate behavior toward a woman at a restaurant.
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Pavilion groundbreaking ceremony at the venue for Italy, which will participate in the Osaka/Kansai Expo
2023-12-19 18:41:00
On the 19th, Italy, which is scheduled to participate in the Osaka/Kansai Expo next year, held a groundbreaking ceremony for a pavilion at the venue, Yumeshima. This is the first time that a groundbreaking ceremony will be held for a pavilion built by participating countries.
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Yen exchange rate falls to the 144 yen level to the dollar; yen depreciates as monetary easing measures are maintained
2023-12-19 18:19:00
In the Tokyo foreign exchange market on the 19th, the yen depreciated against the backdrop of the Bank of Japan's decision to maintain large-scale monetary easing measures, and the yen exchange rate fell to the 144 yen level to the dollar.
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[Live streaming of press conference] ENEOS president gets fired after getting drunk and hugging a woman
2023-12-19 18:09:00
ENEOS Holdings, the largest oil distributor, announced that its president, Takeshi Saito, has been dismissed from his position after he was found to have acted inappropriately by hugging a woman who was with him at a social gathering. Regarding ENEOS, the company's then-chairman resigned last year after being accused of sexually inappropriate behavior toward a woman at a restaurant.
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[Details] Bank of Japan Governor Ueda press conference What does challenging mean? Exit strategy
2023-12-19 17:05:00
At its monetary policy meeting, which ran until the 19th, the Bank of Japan decided to maintain large-scale monetary easing measures. Although there was some speculation in the market that the Bank of Japan would move towards normalizing monetary policy soon, we have determined that it is necessary to persistently continue with the current monetary easing measures. We will provide details of President Ueda's press conference that started at 3:30 p.m.
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Yen exchange rate temporarily drops to 144 yen level Bank of Japan maintains monetary easing measures, yen continues to weaken
2023-12-19 17:02:00
In the Tokyo foreign exchange market on the 19th, the yen weakened against the dollar against the backdrop of the Bank of Japan's decision to maintain large-scale monetary easing measures, and the yen exchange rate briefly fell to the 144 yen level.
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ENEOS Holdings President Takeshi Saito dismissed for inappropriate conduct
2023-12-19 16:38:00
ENEOS Holdings, the largest oil distributor, has announced that its president, Takeshi Saito, has been dismissed from his post after he was found to have engaged in inappropriate behavior at a social gathering, where he hugged a woman while intoxicated. Regarding ENEOS, in August last year, then-chairman Sugimori resigned after being accused of sexually inappropriate behavior toward a woman he was serving at a restaurant in Naha City.
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Toshiba to be delisted tomorrow, final deal to rebuild management
2023-12-19 16:16:00
Toshiba, which will be taken private through an acquisition by an investment fund, will complete its last transaction on the 19th, and will be delisted on the 20th after 74 years. With the aim of rebuilding the company by increasing the degree of management freedom, the challenge is how to improve the efficiency of group management and invest in growth for the future.
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[Live streaming] Bank of Japan Governor Ueda press conference What is the meaning of challenging...
2023-12-19 16:12:00
At its monetary policy meeting, which ran until the 19th, the Bank of Japan decided to maintain large-scale monetary easing measures. Although there was some speculation in the market that the Bank of Japan would move towards normalizing monetary policy soon, we have determined that it is necessary to persistently continue with the current monetary easing measures. We are reporting on President Ueda's press conference via live streaming and breaking news articles.
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[Live streaming scheduled] Bank of Japan Governor Ueda press conference to maintain large-scale monetary easing measures
2023-12-19 15:00:00
At its monetary policy meeting, which ran until the 19th, the Bank of Japan decided to maintain large-scale monetary easing measures. Although there was some speculation in the market that the Bank of Japan would move towards normalizing monetary policy soon, we have determined that it is necessary to persistently continue with the current monetary easing measures. After this, we will broadcast President Ueda's press conference live and in a breaking news article from 3:30 p.m.
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Economic security System that allows patent applications to be kept private Compilation of new guidelines
2023-12-19 14:45:00
Regarding the system that allows patent applications for cutting-edge technology to be made private in order to strengthen economic security, the government has compiled new guidelines, including measures to prevent information leaks, required of companies with proprietary technology.
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Minister of Internal Affairs and Communications Matsumoto to maintain postal service, discuss reviewing systems other than fees
2023-12-19 13:34:00
In connection with the Ministry of Internal Affairs and Communications' proposal to raise the prices of letters, etc., Minister of Internal Affairs and Communications Matsumoto announced that in order to maintain a stable postal service, discussions will be held with a view to reviewing postal systems other than fees. I have indicated my intention to move forward.
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Stock price temporarily rose by more than 400 yen due to Bank of Japan's decision to maintain large-scale monetary easing measures
2023-12-19 13:06:00
In the Tokyo stock market on the 19th, the Nikkei Stock Average rose by more than 400 yen at one point in the afternoon after the Bank of Japan decided to maintain large-scale monetary easing measures. Although there was speculation in the market that the Bank of Japan would move towards normalizing monetary policy soon, the decision gave investors a sense of security about the immediate economic outlook. , buy orders are spreading. Furthermore, in the Tokyo foreign exchange market on the 19th, in response to the Bank of Japan's decision, there was a strong movement to sell yen and buy dollars, and the yen exchange rate temporarily fell to the low 143 yen range to the dollar.
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Japan Fair Trade Commission conducts on-site inspections of four major non-life insurance companies and their agents on suspicion of violating antitrust laws
2023-12-19 12:04:00
The Fair Trade Commissioner has accused four major non-life insurance companies and their agents of forming a "cartel" in which insurance premiums for businesses were negotiated in advance, and collusion in bidding for insurance contracts with local governments. It has been learned through interviews with related parties that the company was subject to an on-site inspection on the 19th on suspicion of violating the Antimonopoly Act. Regarding the insurance contracts of the four major companies, the Financial Services Agency will soon issue a business improvement order based on the Insurance Business Act, alleging that they have made unfair adjustments.
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Nippon Steel President Hashimoto agrees to acquire major U.S. company “to strengthen Japan’s growth potential”
2023-12-19 12:00:00
Nippon Steel, which announced the acquisition of US Steel, a major American steel manufacturer, held a press conference on the 19th, and President Eiji Hashimoto expressed the stance that expanding business in the United States will strengthen Japan's growth potential.
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[Breaking News] Bank of Japan Monetary Policy Meeting Maintains large-scale monetary easing measures
2023-12-19 11:53:00
At its monetary policy meeting, which ran until the 19th, the Bank of Japan decided to maintain large-scale monetary easing measures. Although there was some speculation in the market that the Bank of Japan would move towards normalizing monetary policy soon, we have determined that it is necessary to persistently continue with the current monetary easing measures.
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NY Dow Jones Industrial Average hits record high for 4th consecutive day
2023-12-19 07:46:00
On the 18th, the Dow Jones Industrial Average in the New York Stock Exchange rose slightly due to expectations that the Federal Reserve Board will cut interest rates early next year, hitting an all-time high for the fourth consecutive business day. The price has continued its upward trend for eight consecutive business days. The Dow Jones Industrial Average closed at $37,306.2, 86 cents higher than last weekend.
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EU investigates 'X' for suspected violation of digital services law to counter false information
2023-12-19 05:26:00
The European Union (EU) has announced that it has begun a formal investigation into the former Twitter account X, as it is suspected of violating laws governing countermeasures against false information.
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Ministry of Health, Labor and Welfare notifies national labor bureaus of “wage increase talks” ahead of next year’s spring labor union
2023-12-19 04:35:00
In preparation for next year's spring labor union, the Ministry of Health, Labor and Welfare has notified labor bureaus across the country to discuss wage increases at prefectural meetings attended by representatives of local governments and labor and management. The aim is to spread the momentum for wage increases to local areas and small and medium-sized businesses by holding discussions tailored to local circumstances.
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Nippon Steel agrees to acquire major US steel manufacturer US Steel
2023-12-19 01:21:00
Nippon Steel announced that the two companies have agreed to acquire US Steel, a major American steel manufacturer. The acquisition price is expected to be approximately 2 trillion yen, and will represent a major reorganization of the steel industry in Japan and the United States.
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