2024-06-24 23:23:00
The European Union has issued a preliminary opinion that the IT giant Apple is violating the Digital Markets Act, which aims to ensure fair competition in the digital market. This is the first time that the EU has issued an opinion that could lead to huge fines since the law came into full force in March of this year.
2024-06-24 21:17:00
Ammonia is seen as a next-generation energy source because it does not emit carbon dioxide when burned. Major trading company Mitsui & Co. is participating in a project in the United Arab Emirates in the Middle East and plans to begin production from 2027, with the aim of exporting it to Japan.
2024-06-24 20:08:00
Preparations are reaching their final stages in various regions ahead of the issuance of the first new banknotes in 20 years on July 3rd. While there is a festive atmosphere in areas associated with Eiichi Shibusawa, whose portrait appears on the new 10,000 yen note, there are also areas where preparations are not being completed in time for issuance, causing headaches. We interviewed people in various regions as they make an effort to do so.
2024-06-24 18:33:00
On the 24th, the Financial Services Agency issued a business improvement order to a bank and two securities firms under the Mitsubishi UFJ Financial Group in relation to the issue of the three companies sharing non-public information of client companies without permission, in accordance with the Financial Instruments and Exchange Act, requesting them to clarify who is responsible, including management.
2024-06-24 18:31:00
On the Tokyo foreign exchange market on the 24th, the start of the week, the yen weakened against the dollar as the view spread that the Federal Reserve, the US central bank, would not rush to lower interest rates, and at one point the yen fell to a level approaching 160 yen to the dollar.
2024-06-24 18:11:00
Preparations are reaching their final stages in various regions ahead of the issuance of the first new banknotes in 20 years on July 3rd. While there is a festive atmosphere in areas associated with Eiichi Shibusawa, whose portrait appears on the new 10,000 yen note, there are also areas where preparations are not being completed in time for issuance, causing headaches. We interviewed people in various regions as they make an effort to do so.
2024-06-24 17:18:00
Sales of duty-free goods at department stores across the country last month increased by about 3.3 times compared to the same month last year, hitting a new record high, due to the continued expansion of inbound demand amid a weak yen trend.
2024-06-24 16:52:00
JR Shikoku and other companies began a trial on the 24th of a service that allows passengers to reserve a taxi while on board a limited express train on the Yosan Line and have the taxi dispatched to stations and other locations in Ehime Prefecture, in an effort to make it easier for passengers to use the next form of transport after getting off the train at a station.
2024-06-24 16:49:00
On the 24th, the Financial Services Agency issued a business improvement order to a bank and two securities firms under the Mitsubishi UFJ Financial Group in relation to the issue of the three companies sharing non-public information of client companies without permission, in accordance with the Financial Instruments and Exchange Act, requesting them to clarify who is responsible, including management.
2024-06-24 15:50:00
On the Tokyo stock market on the 24th, the start of the week, stock prices rose as the yen weakened in the foreign exchange market, leading to buy orders for some export-related stocks.
2024-06-24 15:37:00
On the 24th, the Financial Services Agency issued a business improvement order to a bank and two securities firms under the Mitsubishi UFJ Financial Group in relation to the issue of the three companies sharing non-public information of client companies without permission, in accordance with the Financial Instruments and Exchange Act, requesting them to clarify who is responsible, including management.
2024-06-24 15:01:00
On the 24th, the Financial Services Agency issued a business improvement order to a bank and two securities firms under the Mitsubishi UFJ Financial Group in relation to the issue of the three companies sharing non-public information of client companies without permission, in accordance with the Financial Instruments and Exchange Act, requesting them to clarify who is responsible, including management.
2024-06-24 13:23:00
On the 24th, the Financial Services Agency issued business improvement orders under the Financial Instruments and Exchange Act to Mitsubishi UFJ Financial Group's Mitsubishi UFJ Bank, Mitsubishi UFJ Morgan Stanley Securities, and Morgan Stanley MUFG Securities, accusing them of sharing non-public information about client companies without permission. The agency also issued an order to the parent company, Mitsubishi UFJ Financial Group, under the Banking Act, requesting them to report on the cause and preventative measures.
2024-06-24 11:57:00
On the Tokyo foreign exchange market on the 24th, the start of the week, the yen weakened as the view spread that the Federal Reserve, the US central bank, would not rush to lower interest rates, and the yen temporarily fell to a level approaching 160 yen to the dollar.
2024-06-24 11:17:00
The Bank of Japan released the main opinions of its monetary policy meeting this month, and regarding the next focus on an additional interest rate hike, it was revealed that while there were opinions that interest rates should be raised without too much delay, there were also cautious views.
2024-06-24 10:07:00
The Bank of Japan decided to reduce the scale of its government bond purchases at its monetary policy meeting, which ran until the 14th of this month, and made public the main opinions expressed by its policy committee members at the meeting.
2024-06-24 09:00:00
On the Tokyo foreign exchange market on the 24th, the yen weakened as investors took into consideration the interest rate differential between Japan and the US, due to the view that the US interest rate cut would be delayed, and the yen fell to the high 159 yen range per dollar.
2024-06-24 08:51:00
In the foreign exchange market, the yen has weakened to the high 159 yen range against the dollar, and in response, Finance Ministry Vice-Minister Kanda warned the market to stay calm, saying, "If there are excessive fluctuations, we will take appropriate action."
2024-06-24 06:40:00
As the number of foreign tourists visiting Japan increases, so-called "overtourism" is occurring in various places. The Japan Tourism Agency plans to select new model regions as early as July to promote measures to prevent and curb "overtourism" and to expand government support.
2024-06-24 05:49:00
Honda Motor Co., Ltd. started a sharing service for its small business jets in June. Travel agencies in Tokyo are using the service as a means of transportation for wealthy foreign tourists, and there is a growing movement to spread the benefits of inbound tourism to regional tourist destinations.
2024-06-24 05:05:00
As the Bank of Japan continues to normalize its monetary policy, changes in the market environment are expected. The Ministry of Finance plans to consider shortening the maturity period to encourage private banks to purchase government bonds in order to ensure stable absorption of government bonds.
