2024-08-21 23:57:00
Sharp Corporation announced that it had stopped production of large LCD panels for televisions at its factory in Sakai City, Osaka, on the 21st. This means that production of large panels for televisions, once the mainstay of Japanese electronics manufacturers, will disappear from the country.
2024-08-21 23:57:00
Japan Tobacco Inc. has announced that it has agreed to acquire the fourth-largest tobacco manufacturer in the United States for approximately 378 billion yen in order to strengthen its overseas business.
2024-08-21 22:29:00
Japan Tobacco Inc. has announced that it has agreed to acquire the fourth-largest tobacco manufacturer in the United States for approximately 378 billion yen in order to strengthen its overseas business.
2024-08-21 19:05:00
Kawasaki Heavy Industries announced that it had falsified fuel efficiency data for marine engines for over 20 years. Falsification of data for marine engines has also been revealed at subsidiaries of IHI and Hitachi Zosen, with each company being found guilty of fraud.
2024-08-21 18:34:00
On the 21st, the yen rose slightly in value on the Tokyo foreign exchange market.
2024-08-21 17:14:00
The number of foreign tourists who visited Japan in July was 3.29 million, the second consecutive month that the monthly number of tourists reached a new record high.
2024-08-21 16:46:00
A ministerial meeting was held in Indonesia where Japan and the Association of Southeast Asian Nations (ASEAN) are working together to achieve decarbonization in the Asian region, and the leaders agreed to work together to decarbonize sectors such as electricity and transportation.
2024-08-21 15:58:00
On the 21st, the Nikkei Stock Average on the Tokyo Stock Exchange fell slightly.
2024-08-21 12:27:00
On the Tokyo stock market on the 21st, the Nikkei average fell as sell orders were placed on export-related stocks in response to the yen's appreciation against the dollar.
2024-08-21 10:25:00
Japan's trade balance for July was in the red for the first time in two months, at just over 620 billion yen, due to an increase in the cost of crude oil imports as a result of the weakening of the yen, as well as an increase in pharmaceutical imports.
2024-08-21 09:05:00
According to the July trade statistics released by the Ministry of Finance, the trade balance, which is exports minus imports, was in the red by 621.8 billion yen. This is the first time in two months that the trade balance has been in the red.
2024-08-21 07:54:00
On the 20th, the New York foreign exchange market saw an initial move to sell dollars ahead of a speech by Federal Reserve Chairman Powell, and the yen temporarily rose to the low 145 yen range per dollar.
2024-08-21 06:48:00
Financial markets have recently seen large fluctuations in stock prices and the yen's exchange rate, and price movements have been unstable. The trigger for this was the record-breaking drop in stock prices and the rise in the yen earlier this month, which some have pointed out was due to speculators such as hedge funds liquidating transactions known as "yen carry trades," and the latest statistics also show this movement.
2024-08-21 06:42:00
In Thailand, where Japanese cars have a high market share, sales are clearly falling due to the economic downturn and the offensive of EVs by Chinese manufacturers. Japanese manufacturers are being forced to review their strategies, such as closing and consolidating factories.
2024-08-21 06:41:00
As generative AI becomes more widespread, there are growing concerns that it could lead to the mass dissemination of false information. In light of this, companies are developing technologies to combat false information, such as technologies to distinguish whether text has been created by generative AI.
