2024-06-21 23:49:00
Meiji Yasuda Life Insurance announced that a former female sales representative who worked at the company's Shinjuku branch in Tokyo until 2020 had embezzled a total of approximately 130 million yen from customers over a period of 27 years.
2024-06-21 21:02:00
As the popularity of flea market apps has led to a rise in the buying and selling of second-hand clothing, major apparel manufacturers and other organisations are increasingly taking steps to collect their own used clothing, refinish it and sell it themselves, ensuring quality.
2024-06-21 20:58:00
Nissan Motor Co., Ltd. has announced that it has halted production at its factory in Jiangsu Province due to declining sales in China, where EVs (electric vehicles) are expanding. This will result in a reduction of nearly 10% of production capacity in China, and Japanese automakers are reconsidering their strategies one after another.
2024-06-21 19:46:00
The government has approved the application of the Osaka Commodity Exchange to allow rice futures trading. The new market is scheduled to open in August this year, and attention is focused on whether it will lead to increased price transparency and active trading.
2024-06-21 19:35:00
Last month's Consumer Price Index, which tracks price movements of goods and services consumed at home and excludes fresh food, which is highly affected by weather, rose 2.5% from the same month last year, marking the first increase in three months.
2024-06-21 19:16:00
At a meeting of representatives held on the 21st by The Norinchukin Bank, which is equivalent to a general meeting of shareholders, Chairman Kazuto Oku apologized for the possibility that the bank's final deficit for the fiscal year ending March next year could expand to 1.5 trillion yen due to failures in the management of foreign bonds, and decided to reduce his own executive compensation.
2024-06-21 18:57:00
"Investors are changing, and management is also changing little by little." These were the words of an investor who proposes management reforms to companies as an activist fund. This investor began his activities around 2000, and was once feared as an "activist shareholder." However, he says that the way he is viewed and the way companies respond to him have changed since then. How has this changed, and what will the relationship between investors and management be in the future? (Tsuboi Hiroaki, Economics Department)
2024-06-21 18:48:00
Under certain conditions, a company in Tokyo has been granted permission to operate Level 4 autonomous vehicles on public roads without a driver, and they are expected to begin operating near Haneda Airport. Level 4 operation on public roads has been conducted by the town of Eiheiji in Fukui Prefecture, but this is the first time it has been conducted by a private company.
2024-06-21 18:19:00
On the 21st, the Tokyo foreign exchange market saw the yen weaken due to expectations that the US interest rate cut would be delayed, and at one point the yen fell to the 159 yen range per dollar.
2024-06-21 16:59:00
On the 21st, stock prices on the Tokyo Stock Exchange showed little fluctuation.
2024-06-21 16:21:00
At Nippon Steel's general shareholders' meeting, management explained their intention to aim to complete the acquisition of U.S. Steel, a major American steel manufacturer, which had been postponed from the original plan, citing the fact that the acquisition would make a significant contribution to the company.
2024-06-21 15:52:00
As the popularity of flea market apps has led to a rise in the buying and selling of second-hand clothing, major apparel manufacturers and other organisations are increasingly taking steps to collect their own used clothing, refinish it and sell it themselves, ensuring quality.
2024-06-21 15:29:00
At a general shareholders meeting held on the 21st, SoftBank Group CEO Masayoshi Son expressed his view that artificial intelligence (AI), which is far more powerful than humans, will be realized within the next 10 years or so, and explained his intention to make it a pillar of the company's future business.
2024-06-21 14:36:00
Regarding the fact that The Norinchukin Bank has been forced to book huge losses due to the failure of its foreign bond management, and that its final deficit for the fiscal year ending March next year may expand to 1.5 trillion yen, Agriculture, Forestry and Fisheries Minister Sakamoto stated his intention to closely monitor the bank's business situation in cooperation with the Financial Services Agency, but avoided commenting on management responsibility.
2024-06-21 12:42:00
The U.S. Treasury Department has published a report analyzing the monetary policies of various countries and added Japan back to its "watch list," which monitors whether the country is engaging in exchange rate manipulation to intentionally manipulate its currency.
2024-06-21 12:13:00
On the 21st, stock prices on the Tokyo Stock Exchange showed little fluctuation.
2024-06-21 11:04:00
Last month's Consumer Price Index, which tracks price movements of goods and services consumed at home and excludes fresh food, which is highly affected by weather, rose 2.5% from the same month last year, marking the first increase in three months.
2024-06-21 10:49:00
On the 21st in the Tokyo foreign exchange market, the yen weakened due to expectations that the US interest rate cut would be delayed, and at one point the yen fell to the 159 yen range per dollar.
2024-06-21 10:12:00
On the 20th, in the New York foreign exchange market, the yen weakened due to the expectation that the Federal Reserve Board would delay lowering interest rates, and at one point the yen rate approached the 159 yen range per dollar, the weakest yen-dollar level in about two months.
2024-06-21 09:04:00
The U.S. Treasury Department has published a report analyzing the monetary policies of various countries and added Japan back to its "watch list," which monitors whether the country is engaging in exchange rate manipulation to intentionally manipulate its currency.
2024-06-21 08:45:00
Last month's Consumer Price Index, which looks at the price movements of goods and services consumed at home and excludes fresh food, which is highly variable due to weather, rose 2.5% from the same month last year. The rate of increase was up 0.3 percentage points from the previous month, the first increase in three months. This was due to an increase in the "renewable energy surcharge," which is added to electricity bills as a cost for the promotion of renewable energy.
2024-06-21 08:00:00
On the 20th, in the New York foreign exchange market, the yen weakened due to the expectation that the Federal Reserve Board would delay lowering interest rates, and at one point the yen rate approached the 159 yen range per dollar, the weakest yen-dollar level in about two months.
2024-06-21 07:58:00
The U.S. Treasury Department has published a report analyzing the monetary policies of various countries and added Japan back to its "watch list," which monitors whether the country is engaging in exchange rate manipulation to intentionally manipulate its currency.
2024-06-21 07:13:00
While hopes are high for offshore wind power generation as a means of expanding the introduction of renewable energy, there is a shortage of human resources involved in construction and other areas. In response, major trading companies and electric power companies involved in the power generation business have established a new council to cooperate in training engineers.
2024-06-21 06:22:00
On the 20th, the US Treasury Department released a report analyzing the currency policies of various countries, adding Japan to the "watch list" once again, which monitors whether the country is engaged in currency manipulation to intentionally manipulate its currency. The "watch list" designates countries and regions that meet two of three criteria: a large trade surplus with the US, a large current account surplus, and continuous and unilateral currency intervention. The US Treasury Department stated that Japan met two criteria: a large trade surplus with the US and a large current account surplus. Meanwhile, it pointed out that transparency was ensured regarding the market intervention by the Japanese government and the Bank of Japan to sell dollars and buy yen in response to the record depreciation of the yen in the foreign exchange market.
2024-06-21 00:33:00
As cyber attacks continue to occur in Japan, American telecommunications giant Cisco Systems has decided to strengthen its business in Japan by establishing a base in Tokyo within the year that will bring together cybersecurity experts.
2024-06-21 00:26:00
It has been learned that the Japanese subsidiary of FTX Trading, a global leader in the cryptocurrency exchange that went bankrupt last year, has been acquired by domestic peer bitFlyer, and arrangements are underway to take over the business.
