2024-10-17 22:08:00
An organization affiliated with the Japanese Bankers Association had planned to revamp the system for transferring funds between financial institutions in 2027, but following a major system failure last year, it announced that the new system would not go live until May 2028, about six months later than originally planned, as it prioritized compiling measures to prevent a recurrence.
2024-10-17 22:04:00
Last month's retail sales, which indicate the trend of personal consumption in the United States, increased by 0.4% compared to the previous month. This exceeded market expectations and showed that consumption is remaining strong. The employment statistics released in the United States on the 4th of this month also showed the strength of the labor market, and the market is increasingly of the opinion that the Federal Reserve Board will not rush to lower interest rates.
2024-10-17 22:01:00
On the 17th, in the New York foreign exchange market, US retail sales for last month exceeded market expectations, which led to a trend of selling yen and buying dollars, and the yen temporarily weakened to the 150 yen range against the dollar. This is the first time in about two and a half months since August of this year that the yen has fallen to the 150 yen range against the dollar.
2024-10-17 19:44:00
In a survey conducted by NHK among candidates for the House of Representatives election, they were asked what the government should prioritize in tackling rising prices. Opinions were divided on such points as "creating an environment for wage increases" and "tax cuts."
2024-10-17 18:32:00
Taiwan's TSMC, the world's largest contract manufacturer of semiconductors, reported record sales and net profit for the three months ending last month, due in part to growing demand for cutting-edge semiconductors for AI (artificial intelligence).
2024-10-17 18:20:00
On the 17th, the Tokyo foreign exchange market saw the yen fall slightly as concerns about the future of the semiconductor market, which underpins the US economy, eased and there was a move to buy dollars in line with rising long-term interest rates.
2024-10-17 18:14:00
JR Freight explained that it will revise its systems by January next year as a measure to prevent a recurrence of the problem of falsifying data when attaching axles to the wheels of railway vehicles. New President Inukai said he will consider taking disciplinary action against the management as well.
2024-10-17 18:10:00
A working group of the Ministry of Internal Affairs and Communications discussing the NTT Act has compiled a draft report stating that it would be appropriate to maintain NTT's obligation to provide uniform nationwide fixed-line telephone service.
2024-10-17 18:07:00
It has been revealed that an independent administrative agency that has been tasked with dealing with the reluctance to lend on mortgages due to the effects of the Lehman Shock and other factors has not properly reviewed the amount of capital it has received from the government and is holding at least 11 billion yen in unnecessary funds.
2024-10-17 17:42:00
Regarding the fact that the Japan Federation of Labor Organizations is expected to demand a wage increase of more than 6% for small and medium-sized labor unions in next year's spring labor offensive, Kobayashi, Chairman of the Japan Chamber of Commerce and Industry, stated at a press conference on the 17th that in order to completely escape deflation, companies will be required to make efforts to achieve a high level of wage increases.
2024-10-17 16:02:00
On the Tokyo stock market on the 17th, the Nikkei average fell as investors remained wary of the future of the semiconductor market.
2024-10-17 12:09:00
On the 17th, the Tokyo stock market saw a rise in sell orders, particularly for semiconductor stocks, causing the Nikkei average to fall.
2024-10-17 11:12:00
In trade statistics released by the Ministry of Finance for the first half of this fiscal year from April to September, the trade balance, which is exports minus imports, was a deficit of approximately 3.1 trillion yen. Due to rising energy prices and the weak yen, the deficit has expanded by 14% compared to the same period last year.
2024-10-17 09:10:00
According to trade statistics released by the Ministry of Finance for the first half of this fiscal year, from April to September, the trade balance, which is exports minus imports, was a deficit of 3.1067 trillion yen.
2024-10-17 07:53:00
On the 16th, the New York stock market saw buying orders rise amid expectations for the future of the US economy, causing the Dow Jones Industrial Average to hit a new record high.
