2024-09-20 21:15:00
Regarding the ocean release of treated water accumulating at the Tokyo Electric Power Company's Fukushima Daiichi Nuclear Power Plant, Prime Minister Kishida told reporters that Japan and China have agreed to allow China to resume imports of Japanese fishery products that meet safety standards, based on the implementation of additional monitoring within the IAEA framework.
2024-09-20 20:46:00
In the vicinity of the tunnel construction site for the Linear Chuo Shinkansen in Mizunami City, Gifu Prefecture, water levels have dropped in wells and other places, and land subsidence has been confirmed in several places. JR Central is conducting on-site investigations to see if there has been any damage to homes and other buildings.
2024-09-20 20:28:00
The new head of the Ministry of Finance's International Affairs Division is Vice-Minister of Finance Mimura Jun. He took office at the end of July this year as the successor to former Vice-Minister Kanda, who oversaw foreign exchange interventions worth 24 trillion yen during his term and was also known as "Mr. Yen in the Reiwa era." Will he behave as a "successor" and what are his unique policies? We delved into his thoughts and stance. (Economics Department, Magata Kentaro)
2024-09-20 20:26:00
Kioxia Holdings, a global leader in semiconductors and flash memory, announced that it has signed a 120 billion yen loan agreement with three companies, including Sumitomo Mitsui Banking Corporation. With the flash memory market expected to expand due to the spread of generative AI, the company aims to use the funds for capital investment and strengthen its competitiveness.
2024-09-20 20:00:00
Jimoto Holdings, a financial group based in Miyagi and Yamagata that is currently undergoing business restructuring under the effective control of the government, has drawn up a "management strengthening plan" that calls for it to strengthen ties with a major online financial company with which it has a capital and business alliance, and work to restore its performance.
2024-09-20 18:55:00
At the monetary policy meeting held on the 20th, Bank of Japan Governor Ueda decided to keep the policy interest rate unchanged, and indicated that if the economic and price trends are as the Bank of Japan expects, it will consider raising interest rates. However, he also stated that "interest rates will not be raised immediately," emphasizing that the Bank will carefully monitor the trends of the US economy. The second half of the article provides more details on Governor Ueda's remarks at the press conference held at 3:30 pm on the 20th.
2024-09-20 18:33:00
Tokyo Metro, a subway company, will list its shares on the Tokyo Stock Exchange on October 23. A combined 50% of the shares held by the national government and Tokyo Metropolitan Government will be sold, making it the largest IPO this year.
2024-09-20 18:18:00
On the 20th, in the Tokyo foreign exchange market, following comments made by Bank of Japan Governor Ueda at a press conference, the yen saw volatile price movements, weakening to the 143 yen range against the dollar.
2024-09-20 18:03:00
Prices of various items have continued to rise this fall. The most notable are rice and chocolate. Food prices are likely to continue to rise in October.
2024-09-20 17:27:00
At its monetary policy meeting held until the 20th, the Bank of Japan decided to maintain its current monetary policy. It appears that the decision was made to keep the policy interest rate at around 0.25% and to assess the impact on the economy and prices of the additional interest rate hike decided last time in July. However, the Bank of Japan is prepared to consider further interest rate hikes while monitoring the state of the economy and prices, and the focus is on when the next rate hike will be and at what pace. We provide a detailed report of Governor Ueda's remarks at the press conference held from 3:30 pm.
2024-09-20 17:10:00
Regarding the ocean release of treated water accumulating at the Tokyo Electric Power Company's Fukushima Daiichi Nuclear Power Plant, Prime Minister Kishida told reporters that Japan and China have agreed to allow China to resume imports of Japanese fishery products that meet safety standards, based on the implementation of additional monitoring within the IAEA framework.
2024-09-20 16:53:00
At its monetary policy meeting held until the 20th, the Bank of Japan decided to maintain its current monetary policy. It appears that the decision was made to keep the policy interest rate at around 0.25% and to assess the impact on the economy and prices of the additional interest rate hike decided last time in July. However, the Bank of Japan is prepared to consider further interest rate hikes while monitoring the state of the economy and prices, and the focus is on when the next rate hike will be and at what pace. We provide a detailed report of Governor Ueda's remarks at the press conference held from 3:30 pm.
2024-09-20 16:41:00
The Ministry of Agriculture, Forestry and Fisheries has decided to set up a panel of experts soon to investigate the Norinchukin Bank, whose unrealized losses on bonds have ballooned to over 2 trillion yen due to investment failures, and to examine whether there were any problems with its investment policies or organizational governance. Discussions are also expected to be held regarding the bank's revenue structure, which is heavily weighted toward securities investment and has little loans to the agriculture, forestry and fisheries industries.
2024-09-20 16:17:00
At its monetary policy meeting held until the 20th, the Bank of Japan decided to maintain its current monetary policy. It appears that the decision was made to keep the policy interest rate at around 0.25% and to assess the impact of the additional interest rate hike decided last time in July on the economy and prices. However, the Bank of Japan is prepared to consider further interest rate hikes while monitoring the state of the economy and prices, and the focus is on when the next rate hike will be and at what pace. Governor Ueda's much-anticipated press conference began at 3:30 pm. We are reporting Governor Ueda's remarks at the press conference in a breaking news report, as well as streaming the conference live.
2024-09-20 15:53:00
The Consumer Price Index for August, which tracks the price movements of goods and services consumed at home and excludes fresh food, which is highly volatile due to weather, rose 2.8% from the same month last year. The rate of increase expanded by 0.1 percentage point from July, due in part to an increase in the price of rice.
2024-09-20 15:48:00
On the 20th, the Tokyo stock market saw a rise in buy orders for a wide range of stocks as optimism about the future of the US economy spread, and the Nikkei average temporarily rose by more than 800 yen.
2024-09-20 15:15:00
At its monetary policy meeting held until the 20th, the Bank of Japan decided to maintain its current monetary policy. It appears that the decision was made to keep the policy interest rate at around 0.25% and to assess the impact on the economy and prices of the additional interest rate hike decided last time in July. However, the Bank of Japan is prepared to consider further interest rate hikes while monitoring the state of the economy and prices, and the focus is on when the next rate hike will be and at what pace. Governor Ueda's much-anticipated press conference will be held at 3:30 pm. We will provide a running report of Governor Ueda's remarks at the press conference, as well as broadcast the conference live.
2024-09-20 12:52:00
The Bank of Japan decided to maintain its current monetary policy at the Monetary Policy Meeting held until the 20th. It is believed that the decision was made to keep the policy interest rate at around 0.25% and to assess the impact on the economy and prices of the additional interest rate hike decided last July.
2024-09-20 12:20:00
On the 20th, the Tokyo Stock Exchange saw a surge in buy orders for a wide range of stocks from the morning of the 20th, following the large rise in major stock price indexes, including the Dow Jones Industrial Average hitting a new record high on the New York Stock Exchange on the 19th, and the Nikkei Stock Average temporarily rose by more than 800 yen.
2024-09-20 12:02:00
The Bank of Japan decided to maintain its current monetary policy at the Monetary Policy Meeting held until the 20th. It is believed that the decision was made to keep the policy interest rate at around 0.25% and to assess the impact on the economy and prices of the additional interest rate hike decided last July.
2024-09-20 12:00:00
The Consumer Price Index for August, which tracks the price movements of goods and services consumed at home and excludes fresh food, which is highly volatile due to weather, rose 2.8% from the same month last year. The rate of increase expanded by 0.1 percentage point from July, due in part to an increase in the price of rice.
2024-09-20 10:16:00
On the 20th, the Tokyo Stock Exchange saw a spread of buy orders to a wide range of stocks following the large rise in major stock indexes, including the Dow Jones Industrial Average hitting a new record high on the New York Stock Exchange on the 19th, and the Nikkei Stock Average temporarily rose by more than 800 yen.
2024-09-20 09:01:00
The Consumer Price Index for August, which tracks the price movements of goods and services consumed at home and excludes fresh food, which is highly volatile due to weather, rose 2.8% from the same month last year, up 0.1 percentage point from July's 2.7% increase.
2024-09-20 06:35:00
On the 19th, in the New York Stock Exchange, buying orders spread across a wide range of stocks, and the Dow Jones Industrial Average exceeded 42,000 dollars for the first time, setting a new record high. As the Federal Reserve Board of Governors makes a significant interest rate cut, optimism about the future of the economy is spreading.
2024-09-20 03:09:00
The Bank of Japan will hold its second day of monetary policy meetings on the 20th, where it will decide and announce its immediate policy. While the United States has made a major interest rate cut, the Bank of Japan is expected to keep its policy interest rate unchanged this time, and the focus will be on what Governor Ueda's views on future policy outlook will be shown at the press conference to be held after the meeting.
