Economic news(2024/07/29)
Rakuten Group postpones completion of financial business restructuring until January next year
2024-07-29 22:16:00
Rakuten Group has announced that it will postpone the completion of the restructuring of its financial services business, which was originally targeted for October this year, until January next year, citing the need for further consideration of legal regulations and the structure of the group.
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Yen exchange rate rises slightly
2024-07-29 18:04:00
The yen rose slightly on the Tokyo foreign exchange market on the 29th, the start of the week.
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Stock price increased by more than 800 yen compared to last weekend
2024-07-29 15:30:00
On the 29th, the Tokyo stock market saw an across-the-board rise throughout the day, with the Nikkei average stock price increasing by more than 800 yen compared to the end of last week.
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Stock price temporarily rises by over 1,000 yen
2024-07-29 12:42:00
The Tokyo stock market saw an across-the-board rise on Monday the 29th, with the Nikkei average stock price at one point rising by more than 1,000 yen.
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Stock price temporarily rises by over 1,000 yen
2024-07-29 09:54:00
The Tokyo stock market saw an across-the-board rise on Monday the 29th, with the Nikkei average stock price at one point rising by more than 1,000 yen.
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Bank of Japan to hold monetary policy meeting from 30th to discuss further interest rate hikes
2024-07-29 06:10:00
The Bank of Japan will hold a monetary policy meeting this week to decide on a concrete plan to reduce its purchases of government bonds and to discuss further interest rate hikes based on price and wage trends.
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US forces in Japan to be restructured into a joint military command headquarters, with operational command authority
2024-07-29 05:34:00
At a meeting of the foreign and defense ministers of Japan and the United States held on the 28th, the idea of restructuring the US forces in Japan into a "Joint Forces Headquarters" was presented in order to improve command and control of the Self-Defense Forces and the US military. The Ministry of Defense has stated that while the Self-Defense Forces will have new operational command authority and cooperation will be strengthened, the Self-Defense Forces will not come under the command of the US forces in Japan.
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"Repairing used items" - Sales of refurbished home appliances are expanding
2024-07-29 05:19:00
The sale of refurbished home appliances, such as second-hand items, is becoming more common. Amid rising prices and the shift to luxury appliances, these products are being accepted by consumers looking for affordable products.
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Tokyo Stock Exchange to consider lowering minimum unit for stock trading to allow small investments
2024-07-29 05:17:00
In an effort to broaden the base of investment, the Tokyo Stock Exchange plans to consider concrete measures to allow for smaller investments, including revising the current rules on stock trading in units of 100 shares.
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US Fed to hold monetary policy meeting from 30th - focus on whether chairman will hint at rate cut
2024-07-29 05:16:00
The Federal Reserve Board of the United States, which has a major impact on the yen exchange rate, will meet to decide its monetary policy on the 30th. With the inflation rate continuing to decline, the focus will be on whether Chairman Powell will hint at an interest rate cut at the next meeting in September at the press conference after the meeting.
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