This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2024/08/14)


Kyoto   Hakone

Former employee of Pigeon subsidiary involved in inappropriate transactions, impacting business performance by over 500 million yen

2024-08-14 18:55:00
Pigeon, a major baby product manufacturer, has revealed that a former employee at a Chinese subsidiary of the group had repeatedly engaged in inappropriate transactions, including fictitious orders and resales. The impact on the company's performance is said to be 556 million yen.

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Yen exchange rate temporarily drops to the low 146 yen range as Prime Minister Kishida decides not to run in the LDP presidential election

2024-08-14 18:32:00
On the 14th, the Tokyo foreign exchange market saw a temporary acceleration of the yen's appreciation trend following Prime Minister Kishida's announcement of his intention not to run in the LDP presidential election, with the yen temporarily rising to the low 146 yen range against the dollar.

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Two major family restaurant chains report six-month sales and profits increase

2024-08-14 18:14:00
In the six-month financial results for the two major family restaurant chains ending in June this year, both companies saw increases in both sales and profits due to factors such as increased customer numbers following revisions to their menus.

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Stock prices are mixed after Prime Minister Kishida announces he will not run in LDP presidential election

2024-08-14 15:46:00
On the 14th, the Tokyo stock market saw expectations for a new administration following Prime Minister Kishida's announcement that he would not run in the LDP presidential election, but at the same time, uncertainty about the future remained strong, and stock prices were a mixed bag with buying and selling, resulting in no clear direction.

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Meiji Yasuda Life to acquire American life insurance company for approximately 300 billion yen

2024-08-14 12:39:00
Meiji Yasuda Life Insurance Co., Ltd. has decided to acquire an American life insurance company that handles group insurance for approximately 300 billion yen. The life insurance industry has been making a series of large-scale acquisitions to strengthen its overseas business as the domestic market shrinks due to the declining population.

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Stock prices are mixed after Prime Minister Kishida announces he will not run in LDP presidential election

2024-08-14 12:18:00
On the 14th, the Tokyo stock market saw an unstable market in the morning when it was reported that Prime Minister Kishida had decided not to run in next month's LDP presidential election. The Nikkei average rose temporarily, but then began to fall, with buying and selling fluctuating.

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NY Stock Market Increases by Over $400 on Expectations of Fed Rate Cut

2024-08-14 06:55:00
On the 13th, the New York stock market saw an increase in buying orders due to expectations that the Federal Reserve would proceed with lowering interest rates following the release of US price indicators, and the Dow Jones Industrial Average rose by more than $400.

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Kyoto   Mt.Fuji


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