2024-07-08 23:30:00
Sumitomo Mitsui Banking Corporation announced that starting this October, it will reduce fees for individual customers who hold accounts with the bank when they transfer funds via ATMs, the Internet, etc. The bank is aiming to attract deposits, which are the source of funds for loans, by lowering fees, as it expects to make profits from loans in the future.
2024-07-08 18:44:00
The yen fell slightly on Monday the 8th in the Tokyo foreign exchange market.
2024-07-08 18:14:00
The Bank of Japan released its quarterly Regional Economic Report. Of the nine regions across the country, it raised its economic assessment in two, including Hokuriku, which was affected by the Noto Peninsula earthquake, while lowering it in two due to rising prices and a growing tendency to save.
2024-07-08 16:43:00
The June Economic Watchers Survey, which asks working people about their economic perceptions, showed that the index showing the current state of the economy exceeded the previous month's for the first time in four months, due in part to increased sales to inbound tourists.
2024-07-08 16:39:00
Regular wages, which are equivalent to basic wages for workers, increased by 2.5% compared to the previous year in May of this year, the highest growth rate in about 31 years. On the other hand, real wages, which reflect prices, have been negative for 26 consecutive months, and wage growth continues to lag behind rising prices.
2024-07-08 16:32:00
On Monday the 8th, the Nikkei average on the Tokyo Stock Exchange rose to the 41,100 yen range at one point, hitting an all-time high during trading hours.
2024-07-08 13:09:00
On Monday the 8th, the Nikkei Stock Average on the Tokyo Stock Exchange hit the 41,100 yen range in afternoon trading, setting a new intraday record for the second time since July 5th.
2024-07-08 11:04:00
Japan's current account balance, which shows how much it earned from trade and investment with other countries, was a surplus of 2.8499 trillion yen in May of this year, the largest ever for the month of May. The main reason for this was the increase in interest income from bonds held by companies due to rising interest rates overseas and the depreciation of the yen.
2024-07-08 09:19:00
Regular wages, which are equivalent to basic wages for workers, increased by 2.5% compared to the previous year in May of this year, the highest growth rate in about 31 years. On the other hand, real wages, which reflect prices, have been negative for 26 consecutive months, and wage growth continues to lag behind rising prices.
2024-07-08 07:30:00
On Monday the 8th, the Oceania foreign exchange market saw an intensification of euro selling after news of the expected results of the French lower house elections spread, and the yen rose to the high 173 yen range per euro.
2024-07-08 06:01:00
As the shortage of delivery drivers becomes more serious, there is a growing movement within the public and private sectors to promote the spread of "drop-off delivery," in which packages are delivered to people's front doors, in order to reduce the number of redeliveries that are a burden on drivers.
2024-07-08 04:01:00
In order to enable companies that have fallen into financial difficulties to quickly proceed with business revitalization, the Ministry of Economy, Trade and Industry plans to review the system of "private reorganization," in which companies aim to rebuild their businesses by coordinating with creditors such as financial institutions, and hopes to submit the necessary bill to the ordinary Diet session as early as next year.
2024-07-08 04:01:00
As overseas investors are investing in Japanese general trading companies, Sumitomo Corporation President Shingo Ueno, who took office in April this year, gave an interview to NHK in which he emphasized his aggressive stance in growth areas. He revealed plans to invest 1.5 trillion yen in areas such as renewable energy, and that there is a possibility of further increasing the amount of investment.
