Economic news(2024/02/29)
Shiseido decides to recruit approximately 1,500 people for early retirement in Japan
2024-02-29 23:53:00
Shiseido, a major cosmetics manufacturer, has decided to recruit approximately 1,500 employees for early retirement in Japan in order to increase the profitability of its domestic business.
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G20 Finance Ministers and Central Bank Governors Meeting 2nd day: Debt issues of developing countries discussed
2024-02-29 23:43:00
The G20 (Finance Ministers and Central Bank Governors Meeting of 20 major countries), which is being held in Brazil, is entering its second day of discussions, with opinions being exchanged on issues such as poverty, inequality, and debt issues in developing countries.
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Approximately 700 people, about 10% of full-time employees, applied for early retirement at Ito-Yokado
2024-02-29 22:05:00
It has been revealed that approximately 700 people, approximately 10% of full-time employees, have applied for early retirement at major supermarket chain Ito-Yokado as part of its structural reforms.
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Unprecedented large-scale disposition of 149 executives including presidents of four major non-life insurance companies
2024-02-29 20:11:00
Four major non-life insurance companies have announced disciplinary action, including reductions in the remuneration of their presidents and other executives, in response to problems with pre-adjustment of insurance premiums for commercial insurance. The number of affected officers was 149 in all four companies, including the parent company, making this an unprecedentedly large-scale punishment.
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Yen price rises due to comments from members of the Bank of Japan who decide on monetary policy
2024-02-29 18:44:00
In the Tokyo foreign exchange market on the 29th, the yen's exchange rate rose as a statement by one of the Bank of Japan's members who decide on monetary policy was perceived as positive for a shift in monetary policy, such as lifting negative interest rates.
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Number of domestic guests last year: 592.75 million people, 31.6% increase from the previous year
2024-02-29 18:08:00
According to the Japan Tourism Agency, the number of people who stayed at domestic hotels and inns in 2023 was a preliminary figure of 592.75 million, an increase of 31.6% compared to the previous year.
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Hino Motors and Mitsubishi Fuso Trucks and Buses announce postponement of business integration
2024-02-29 17:50:00
Hino Motors and Mitsubishi Fuso Trucks and Buses have announced that they will postpone their business integration, which was expected to be completed by the end of 2024. The timing of the integration has not yet been determined, as it is taking time to obtain approval from the relevant authorities in each country.
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Toyota Industries Chairman Tetsuo Toyoda and Vice Chairman Akira Onishi to retire
2024-02-29 17:33:00
Toyota Industries Corporation has announced personnel changes in which Chairman Tetsuo Toyoda and Vice Chairman Akira Onishi will retire, and Toyota Motor Corporation Executive Fellow Shigeki Terashi will take over as their successor chairman. The company has decided that it is necessary to revamp its management structure as dealing with the problem of fraudulent acquisition of certification has become a major issue.
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Ranking of rice taste: 43 brands ranked as “Special A”, with an increase in the number of brands that are resistant to high temperatures
2024-02-29 17:33:00
Last year, the results of the "Taste Ranking", which evaluates the taste of produced rice, were made public, and 43 brands received the highest rating of "Special A". The number of ``Special A'' brands has increased for the first time in five years, due to an increase in the number of brands that are said to be resistant to high temperatures.
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Foreign investors' trading volume of Japanese stocks: net selling for the first time in 8 weeks
2024-02-29 17:07:00
Last week, the Nikkei Stock Average hit a new all-time high, set during the bubble period. Overseas investors bought fewer Japanese stocks this week than they sold, marking the first time in eight weeks that they were net sellers.
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Bank of Japan Councilor Takada: 2% price stability target "within sight of being achieved"
2024-02-29 16:56:00
Councilor Hajime Takada, one of the nine members who decide on the Bank of Japan's monetary policy, gave a speech in Otsu City, stating that ``we are finally in a situation where we can see the achievement of the 2% price stability target,'' and that the price stability target is negative. He expressed the view that it is necessary to consider a change in large-scale monetary easing measures, such as lifting interest rate policy.
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Stock price small price movements
2024-02-29 16:07:00
On the 29th, the Tokyo stock market and the Nikkei Stock Average had small price movements.
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stock price fall
2024-02-29 12:23:00
Stock prices on the Tokyo stock market on the 29th are falling.
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January industrial production index declines for the first time in two months, downward revision of underlying judgment
2024-02-29 11:16:00
The industrial production index for last month and January, which shows corporate production activity, fell for the first time in two months, and the Ministry of Economy, Trade and Industry revised its underlying assessment downward, saying that the index was "in a weak tone with some fluctuations."
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G20 Finance Ministers and Central Bank Governors Meeting concludes the first day of discussions
2024-02-29 10:32:00
The G20 (Finance Ministers and Central Bank Governors Meeting of 20 major countries), which is being held in Brazil, has concluded its first day of discussions, and opinions are expressed on matters such as the prolonged Russian invasion of Ukraine and the impact of the tense situation in the Middle East on the world economy. We exchanged
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G20 Finance Ministers and Central Bank Governors Meeting concludes the first day of discussions
2024-02-29 09:21:00
The G20 (Finance Ministers and Central Bank Governors Meeting of 20 major countries), which is being held in Brazil, has concluded its first day of discussions, and opinions are expressed on matters such as the prolonged Russian invasion of Ukraine and the impact of the tense situation in the Middle East on the world economy. We exchanged
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January industrial production index declines for the first time in two months
2024-02-29 09:05:00
The industrial production index for last month/January, which indicates corporate production activity, was 97.6 with 2020 as 100, which was 7.5% lower than the previous month and the first decline in two months. The Ministry of Economy, Trade and Industry's basic judgment was that the economy was ``in a weak tone, with some fluctuations.''
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G20 Finance Ministers and Central Bank Governors Meeting begins in Brazil
2024-02-29 00:03:00
The G20 = finance ministers and central bank governors meeting of 20 major countries began in Brazil. Discussions will include the protracted Russian invasion of Ukraine and the impact that the tense situation in the Middle East will have on the global economy.
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