2024-06-28 22:52:00
The US personal consumption expenditures (PCE) price index rose 2.6% last month compared to the same month last year. The rate of increase was smaller than the previous month, indicating a downward trend in the inflation rate.
2024-06-28 21:59:00
Last month, the US personal consumption expenditures (PCE) price index rose 2.6% compared to the same month last year. The rate of increase was 0.1 percentage points lower than the previous month, matching market expectations. With the inflation rate showing a downward trend, attention is focused on how it will affect the timing of the Federal Reserve Board's interest rate cut.
2024-06-28 21:29:00
The Ministry of Economy, Trade and Industry has announced details of additional electricity and gas fee reduction measures to be implemented for three months from August as a measure to combat rising prices. Subsidies will be generous for August and September usage, and a standard household will see a combined reduction of 2,125 yen per month for electricity and gas.
2024-06-28 21:10:00
On the 28th, the yen temporarily fell to the 161 yen range per dollar on the Tokyo foreign exchange market, hitting a new record low against the dollar and the weakest yen level in approximately 37 and a half years.
2024-06-28 20:39:00
In response to a series of fraud cases involving fake advertisements impersonating celebrities and others, the Ministry of Economy, Trade and Industry has asked Meta, the American IT giant that operates Facebook, to take measures, citing concerns that the company is not doing enough to verify the identities of those placing advertisements.
2024-06-28 20:38:00
In response to the issue of five automakers committing fraud in national certification tests, Mazda and Yamaha Motor have announced their intention to resume production and shipment of the affected models by the end of July, after the government confirmed that they met the standards. Meanwhile, Toyota Motor Corporation, whose instructions were not lifted, has stated that it has not yet decided when it will resume production.
2024-06-28 20:32:00
The Ministry of Economy, Trade and Industry has announced details of additional electricity and gas fee reduction measures to be implemented for three months from August as a measure to combat rising prices. Subsidies will be generous for August and September usage, and a standard household will see a combined reduction of 2,125 yen per month for electricity and gas.
2024-06-28 19:33:00
The major airlines All Nippon Airways and Japan Airlines have jointly drawn up a policy to deal with customer harassment, or "customer harassment." They have categorized acts that fall under customer harassment into nine types, including assault and slander, and have made it clear that the organizations will take firm action against such acts.
2024-06-28 18:50:00
The yen's depreciation is accelerating. On June 28th in the foreign exchange market, the dollar fell to the 161 yen range, the weakest level for the yen in approximately 37 and a half years. As higher prices caused by the weak currency increase the burden on households, the market's focus is on whether the Bank of Japan will move to raise interest rates. While some believe that the yen has indeed gone too far and that the bank must be considering how to respond, others believe that the bank has suffered three traumas in the past and will have no choice but to tread cautiously. (Toyonaga Hirotaka, International Desk)
2024-06-28 18:29:00
Morinaga & Co. has announced that it will voluntarily recall approximately 190,000 units of its Bolo, a baked snack eaten by small children, after finding a foreign object in the bag. So far, there have been no reports of health problems.
2024-06-28 17:36:00
In response to the massive data leak incident at LINE, the company that operates it, Yahoo!, it has announced that it will move ahead with measures to prevent recurrence, including isolating the network from the Korean company responsible, earlier than originally planned.
2024-06-28 17:35:00
The Ministry of Economy, Trade and Industry has announced details of additional electricity and gas bill reduction measures that will be implemented for three months starting in August as a measure to combat rising prices.
2024-06-28 16:56:00
The major airlines All Nippon Airways and Japan Airlines have jointly drawn up a policy to deal with customer harassment, or "customer harassment." They have categorized acts that fall under customer harassment into nine types, including assault and slander, and have made it clear that the organizations will take firm action against such acts.
2024-06-28 16:05:00
On the 28th, the Tokyo Stock Exchange saw buying orders for semiconductor-related stocks, and the Nikkei average rose by more than 400 yen in the morning.
2024-06-28 15:45:00
According to the Japan Tourism Agency, a preliminary estimate shows that a total of 51.76 million people stayed in hotels, inns, and other accommodations across Japan last month, up 0.8% from the same month last year and the highest figure for May on record.
2024-06-28 15:07:00
Interest rates, which had been kept low until now, are rising. As a result, some banks have increased interest rates on regular savings accounts by 20 times. Conversely, monthly mortgage repayment amounts may increase significantly. What will happen to our lives? What does the future hold? Commentator Imai Junko, who is a certified financial planner, provides a detailed explanation. *Information current as of June 28th. (Video: 9 minutes 11 seconds)
2024-06-28 13:10:00
It has been revealed that a public-private fund under the Ministry of Land, Infrastructure, Transport and Tourism, which supports the overseas expansion of infrastructure, recorded a loss of over 70 billion yen in its last fiscal year settlement. Minister of Land, Infrastructure, Transport and Tourism Saito stated that he "takes this seriously" and indicated his intention to set up a panel of experts to consider the future of the fund and measures to improve its management.
2024-06-28 13:00:00
A survey of the national budget revealed that 70% of road construction projects costing over 10 billion yen have seen costs increase from the initial estimates as the projects progress. The Ministry of Finance is calling on the Ministry of Land, Infrastructure, Transport and Tourism to create a system to estimate appropriate project costs from the start.
2024-06-28 12:01:00
On the 28th, the Tokyo Stock Exchange saw buying orders for semiconductor-related stocks, and the Nikkei average temporarily rose by more than 400 yen.
2024-06-28 11:55:00
On the 28th, on the Tokyo foreign exchange market, the yen temporarily fell to the 161 yen range per dollar, hitting a new record low against the dollar and the weakest yen level in approximately 37 and a half years.
2024-06-28 11:06:00
On the 28th, on the Tokyo foreign exchange market, the yen temporarily fell to the 161 yen range per dollar, hitting a new record low against the dollar and the weakest yen level in approximately 37 and a half years.
2024-06-28 10:47:00
The index of industrial production in May, which indicates corporate production activity, rose for the first time in two months.
2024-06-28 10:46:00
The consumer price index for Tokyo's 23 wards in June, which excludes fresh food items that are subject to large fluctuations due to weather, was 2.1% higher than the same month last year in preliminary figures. The rate of increase was 0.2 percentage points higher than the 1.9% increase in May.
2024-06-28 10:11:00
On the 28th, on the Tokyo foreign exchange market, the yen temporarily fell to the 161 yen range per dollar.
2024-06-28 09:07:00
The May index of industrial production, which indicates corporate production activity, was 103.6, with 2020 as the base year of 100, up 2.8% from the previous month, the first increase in two months. The Ministry of Economy, Trade and Industry maintained its basic assessment that the index is "weakening, albeit fluctuating."
2024-06-28 08:58:00
The Consumer Price Index for Tokyo's 23 wards this month, excluding fresh food, which is subject to large fluctuations due to weather, was 2.1% higher than the same month last year in preliminary figures. The rate of increase was 0.2 points higher than the previous month's 1.9%, reaching the 2% range for the first time in three months.
