Economic news(2024/02/13)
New York market Yen depreciation accelerates, falling to the 150 yen level to the dollar for the first time in about 3 months
2024-02-13 23:49:00
In the New York foreign exchange market, the yen's depreciation accelerated, and the yen exchange rate temporarily fell to the 150 yen level to the dollar for the first time in about three months. The main reason for this is the expectation that monetary tightening will continue as the growth in the US consumer price index exceeded market expectations.
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Daihatsu President Okuhira resigns due to certification fraud scandal Management system reform
2024-02-13 22:44:00
Daihatsu Motor Co., Ltd. held a press conference together with its parent company Toyota Motor Corporation regarding the issue of fraudulent acquisition of national certification, and announced that Daihatsu President Soichiro Okudaira will retire on March 1st, and that Toyota Motor Corporation's general manager will be appointed as his successor. Announced. Daihatsu will proceed with a review of its development and production of compact cars for Toyota.
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New York market Yen depreciation accelerates, falling to the 150 yen level to the dollar for the first time in about 3 months
2024-02-13 22:36:00
At the New York foreign exchange market on the 13th, the yen depreciated, and the yen exchange rate temporarily fell to the 150 yen level to the dollar for the first time in about three months since last November.
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Adachi Seiwa Shinkin Bank and Toei Shinkin Bank final negotiations aiming for merger in 2025
2024-02-13 20:24:00
It has been revealed that two credit unions in Tokyo's Adachi Ward and Katsushika Ward, which support local finance by serving individuals and small and medium-sized enterprises, are in final negotiations with the aim of merging. If this happens, it will be the first time in 19 years that this has happened in Tokyo, and the reorganization movement that has begun not only in regional areas but also in Tokyo to ensure the survival of Shinkin banks is expected to accelerate further in the future.
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Adachi Seiwa Shinkin Bank and Toei Shinkin Bank final negotiations aiming for merger in 2025
2024-02-13 20:17:00
It has been revealed that Adachi Seiwa Shinkin Bank, headquartered in Adachi Ward, Tokyo, and Toei Shinkin Bank, headquartered in Katsushika Ward, are in final negotiations with the aim of merging in 2025. If this happens, it will be the first merger of Shinkin banks in Tokyo in about 19 years since three Shinkin banks became the Tama Shinkin Bank in 2006. The movement to reorganize Shinkin Banks in a bid to survive, which has begun not only in regional areas but also in Tokyo, is expected to accelerate further in the future.
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Yen market price falls slightly; price movements are limited before the release of the US consumer price index
2024-02-13 19:54:00
The Tokyo foreign exchange market and the yen exchange rate on the 13th, just after the holidays, fell slightly compared to last weekend.
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Stock price rose more than 1,000 yen and temporarily reached the 38,000 yen level, the highest level since January 1990
2024-02-13 19:19:00
On the 13th, the day after the three-day holiday, the Nikkei Stock Average rose by more than 1,000 yen and at one point hit the 38,000 yen level. This is the highest level during trading hours in 34 years since January 1990 during the bubble period.
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NISA “More than 1 in 5 adults use” investment trust inflow of nearly 1.3 trillion yen
2024-02-13 19:14:00
February 13th is ``NISA Day'', which is a pun on the date. ``NISA is becoming accepted by the public as a means of stable asset accumulation,'' Suzuki, the Minister in charge of Finance, said at a press conference after the Cabinet meeting on the 13th, evaluating ``NISA'' as follows. NISA is now said to be used by more than one in five adults. We interviewed them about the current situation and future trends. *There is a link at the end of the article to "Easy to understand explanation of the basics of the system"
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Stock price rose more than 1,000 yen and temporarily reached the 38,000 yen level, the highest level since January 1990
2024-02-13 18:26:00
On the 13th, the day after the three-day holiday, the Nikkei Stock Average rose by more than 1,000 yen and at one point hit the 38,000 yen level. This is the highest level during trading hours in 34 years since January 1990 during the bubble period.
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SBI Securities receives administrative punishment, announces measures to prevent recurrence and reduction in remuneration for president and others
2024-02-13 18:24:00
SBI Securities, a major online securities company, received an administrative penalty from the Financial Services Agency for accepting buy orders that it knew were intended to inflate the "initial price" after listing, and the company will no longer solicit pre-listing IPO stocks. In addition to clarifying measures to prevent recurrence, the company announced that it would reduce the remuneration of the president and others.
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Daihatsu President Okuhira resigns due to certification fraud scandal Management system reform
2024-02-13 18:08:00
Daihatsu Motor Co., Ltd. held a press conference together with its parent company Toyota Motor Corporation regarding the issue of fraudulent acquisition of national certification, and announced that Daihatsu President Soichiro Okudaira will retire on March 1st, and that Toyota Motor Corporation's general manager will be appointed as his successor. Announced. Daihatsu will proceed with a review of its development and production of compact cars for Toyota.
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Daihatsu President Okuhira resigns due to certification fraud scandal Management system reform
2024-02-13 16:57:00
Daihatsu Motor Co., Ltd. held a press conference together with its parent company Toyota Motor Corporation regarding the issue of fraudulent acquisition of national certification, and announced that Daihatsu President Soichiro Okudaira will retire on March 1st, and that Toyota Motor Corporation's general manager will be appointed as his successor. Announced. Daihatsu will proceed with a review of its development and production of compact cars for Toyota.
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Stock price rose more than 1,000 yen and temporarily reached the 38,000 yen level, the highest level since January 1990
2024-02-13 16:14:00
On the 13th, the day after the three-day holiday, the Nikkei Stock Average rose by more than 1,000 yen and at one point hit the 38,000 yen level. This is the highest level during trading hours in 34 years since January 1990 during the bubble period.
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Daihatsu President Okudaira and Chairman Matsubayashi to resign following certification fraud scandal
2024-02-13 15:42:00
Daihatsu Motor Co., Ltd. held a press conference together with its parent company Toyota Motor Corporation regarding the issue of fraudulent acquisition of national certification.Daihatsu President Soichiro Okudaira will retire as of March 1, and Masahiro Inoue, Toyota Motor Corporation's Central and South America Headquarters, will be appointed as his successor. We have announced new personnel. We are also proceeding with a review of our group's businesses, including the small car business.
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Daihatsu President Okudaira and Chairman Matsubayashi to resign following certification fraud scandal
2024-02-13 15:10:00
Daihatsu Motor Corporation has announced that President Soichiro Okudaira will step down from his position on March 1st due to the issue of fraudulent acquisition of national certification. Masahiro Inoue, Toyota Motor Corp.'s Central and South America Division General Manager, will be his successor as president. Daihatsu will reform its management structure, with Chairman Atsushi Matsubayashi also retiring from his position. This issue has temporarily halted production at all automobile factories in Japan, and both parent company Toyota Motor Corporation and Toyota Motor Corporation are reviewing the group's businesses, including the small car business.
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Stock price Temporarily increased by more than 1,000 yen to the 38,000 yen level, the highest level since January 1990
2024-02-13 15:01:00
On the 13th, the Tokyo stock market and the Nikkei Stock Average rose by more than 1,000 yen at one point, reaching the 38,000 yen level. This is the first time in about 34 years that the price has hit the 38,000 yen level since January 1990 during the bubble period, and it is the highest price since last Friday. Continuing the trend in which the Dow Jones Industrial Average hit a new all-time high in the New York market on the 12th, buy orders are expanding, centering on related stocks such as semiconductors and communications, which have a large impact on stock prices.
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Stock price Temporarily increased by more than 1,000 yen to the 37,900 yen level, the highest level since January 1990
2024-02-13 13:45:00
On the 13th, the Tokyo stock market, the Nikkei Stock Average, temporarily rose by more than 1,000 yen, reaching the 37,900 yen level. This is the first time in about 34 years that the price has hit the 37,900 yen level, since January 1990 during the bubble period, and it is the highest price since last Friday. Continuing the trend in which the Dow Jones Industrial Average hit a new all-time high in the New York market on the 12th, buy orders are spreading, mainly for related stocks such as semiconductors and communications.
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Minister of Economy, Trade and Industry “breaks with the constitution that caused the fraud” calls on Daihatsu to prevent recurrence
2024-02-13 12:21:00
Minister of Economy, Trade and Industry Saito said that Daihatsu Motor Co., Ltd., which had suspended operations at its domestic factories due to the problem of fraudulently obtaining national certification, resumed production of some car models from the 12th. Noting that the supply chain is still being affected, he called on the company to break away from the corporate culture that led to the fraud and to take thorough measures to prevent it from happening again.
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Stock price Temporarily increased by more than 900 yen to the 37,800 yen level, the highest level since February 1990
2024-02-13 11:58:00
On the Tokyo stock market on the 13th after the three-day holiday, the Nikkei average stock price rose by more than 900 yen, and at one point reached the 37,800 yen level. During trading hours, it was the highest level in 34 years since February 1990 during the bubble period, and it was the highest since last Friday.
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Stock price Temporarily rose more than 800 yen to 37,700 yen level, the highest level since February 1990
2024-02-13 11:15:00
On the Tokyo stock market on the 13th, the Nikkei Stock Average rose by more than 800 yen at one point to the 37,700 yen level. This was the highest level during trading hours in 34 years since February 1990 during the bubble period, and was the highest since last Friday. Recently, stock prices have been strong in the United States and Japan, and buy orders have been pouring in for stocks such as semiconductors and telecommunications since the start of trading.
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January corporate price index growth rate 0.2%, 0% level for 3 consecutive months
2024-02-13 11:09:00
The Corporate Goods Price Index, which measures the prices of goods traded between companies, rose 0.2% in January compared to the same month last year. This is the third consecutive month that the growth rate has been in the 0% range, and there appears to be a lull in companies' efforts to pass on price increases due to the soaring prices of energy and raw materials.
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Cabinet approves bill including business license system for commercialization of “CCS”
2024-02-13 10:51:00
A bill was approved at a cabinet meeting on the 13th that includes a permit system for business operators, with the aim of commercializing a technology called "CCS" that captures carbon dioxide emitted from factories and stores it deep underground. .
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Logistics “2024 Problem” Amendment bill to make it mandatory to formulate plans to improve logistics efficiency decided
2024-02-13 10:10:00
In order to address the logistics problem of 2024, where there are concerns about a shortage of transportation capacity due to stricter regulations on overtime work for truck drivers, the government is taking measures such as requiring related businesses to formulate plans to improve logistics efficiency. The Cabinet meeting on the 13th approved a bill to amend the law to include this.
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Stock price Temporarily increased by more than 700 yen to the 37,600 yen level, the highest level since February 1990
2024-02-13 10:01:00
On the Tokyo stock market on the 13th after the three-day holiday, the Nikkei Stock Average rose by more than 700 yen at one point to the 37,600 yen level. During trading hours, it was the highest level in 34 years since February 1990 during the bubble period, and it was the highest since last Friday.
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Stock price rose by more than 600 yen at one point, the highest level since February 1990 during the bubble period
2024-02-13 09:13:00
On the 13th, the Tokyo stock market, the Nikkei Stock Average, rose by more than 600 yen at one point to the 37,500 yen level. This was the highest level during trading hours in 34 years since February 1990 during the bubble period, and was the highest since last Friday. Recently, stock prices have been strong in the United States and Japan, and buy orders have been pouring in for a wide range of stocks since the start of trading.
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January corporate price index growth rate 0.2%, 0% level for 3 consecutive months
2024-02-13 09:05:00
The January corporate goods price index, which measures the prices of goods traded between companies, grew by 0.2% compared to the same month last year. The growth rate has been in the 0% range for three consecutive months, and the movement to pass on prices due to the soaring prices of energy and raw materials has come to a halt.
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NY stock market Dow Jones Industrial Average hits new all-time high
2024-02-13 07:10:00
On the 12th of the week, the Dow Jones Industrial Average in the New York Stock Exchange rose to a new all-time high as buying orders were placed on the back of optimism about the future of the American economy.
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Nearly 1.3 trillion yen flows into new NISA investment trusts, the highest level in about 16 years
2024-02-13 06:47:00
The Financial Services Agency has designated February 13th as ``NISA Day,'' a pun on the dates. Last month, when NISA, a preferential tax system for individual investors, was expanded, the inflow of funds into investment trusts (excluding ETFs) (exchange traded funds) increased by nearly 1.3 trillion yen, reaching the highest level in approximately 16 years. We have come up with an estimate that it is.
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