Economic news(2024/10/21)
"Fujisoft" acquisition proposal: Competition between two US investment funds intensifies
2024-10-21 23:24:00
Two huge American investment funds have made takeover proposals for Fujisoft, a major software company, and on the 21st, one of the investment funds, KKR, announced that it would extend the period of its tender offer to secure approval from a large number of shareholders. The other investment fund has offered a higher purchase price, and the battle for the shares has intensified.
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The Financial Services Agency conducts on-site inspections of the company that runs the used car dealership Gulliver
2024-10-21 23:09:00
It has been revealed that the Financial Services Agency is conducting on-site inspections of two companies, including the company that operates the used car dealership Gulliver, on suspicion of fraudulent insurance claims being made to non-life insurance companies. In the used car sales industry, fraudulent claims by the former Big Motor have come to light, and the agency is working quickly to determine whether such fraud is widespread in the industry.
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Government-owned Shoko Chukin Bank considering buying back shares as it seeks privatization
2024-10-21 21:29:00
The government-affiliated financial institution Shoko Chukin Bank, which aims to be privatized by June next year, has announced that it will consider buying back the government-held shares. The results of a stock auction held in July this year were poor, and the acquisition price and other matters will be discussed in the future.
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The final lottery for the Tokyo Olympics Athletes Village renovation "Harumi Flag" also saw high odds
2024-10-21 18:29:00
The final lottery to decide the buyers of the tower apartments scheduled to be completed next year at "Harumi Flag," a complex of apartments renovated from the Tokyo Olympic Athletes' Village, was held. According to the sales company, the most popular room had a 241-to-1 ratio, approaching the highest ratio in the past.
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Yen rises slightly as dollar selling moves amid fall in US long-term interest rates
2024-10-21 18:23:00
On the 21st, the yen rose slightly in value on the Tokyo foreign exchange market.
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Competition between two U.S. investment funds intensifies over acquisition of Fujisoft
2024-10-21 17:25:00
Two huge American investment funds have made takeover proposals for Fujisoft, a major software company, and on the 21st, one of the investment funds, KKR, announced that it would extend the period of its tender offer in order to gain support from a large number of shareholders. The other investment fund has offered a higher purchase price, and the battle for the shares has intensified.
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Stock prices fall slightly
2024-10-21 15:43:00
On the 21st, the Nikkei Stock Average on the Tokyo Stock Exchange fell slightly.
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Carp exports to China to resume, quarantine permitted in Niigata and other areas
2024-10-21 14:53:00
It has been learned that exports of koi fish to China, which had been unable to be exported due to China not going through the necessary procedures, will be able to resume this month for the first time in about a year.
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Stock prices rise Buying orders mainly for semiconductor-related stocks
2024-10-21 12:12:00
On the 21st, the Tokyo Stock Exchange saw the Nikkei Stock Average rise as buying orders were placed mainly for semiconductor-related stocks, following the trend of major stock indexes hitting new highs on the New York market at the end of last week. The Nikkei Stock Average closed at 39,110.95 yen, up 129.20 yen from the closing price at the end of last week. The Tokyo Stock Exchange Price Index (TOPIX) rose 1.01 to 2,689.99. Morning trading volume was 787.05 million shares. A market insider said, "Purchasing orders are being placed not only for semiconductor-related stocks but also for automobile-related stocks, as the outlook for the US economy is solid. However, with the House of Representatives election coming up, many investors refrained from active trading in order to wait and see the results of the election."
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Major companies stepping up efforts to use AI to check for counterfeit goods listed on flea markets
2024-10-21 06:54:00
Amid concerns about the distribution of counterfeit luxury brand goods on flea market apps, major companies are starting to use AI to strengthen authentication.
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Will more companies announce wage increases of around 7% to secure human resources?
2024-10-21 05:59:00
There is a growing trend among companies to announce a high wage increase of around 7% at an early stage in order to secure human resources. The focus will be on whether the movement for high wage increases will spread to include small and medium-sized enterprises in the future.
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