2024-10-24 21:36:00
The Ministry of Agriculture, Forestry and Fisheries has set up a new panel of experts to consider specific measures to create an environment in which rice and vegetable producers can appropriately pass on rising costs of fertilizer, fuel and other items to prices.
2024-10-24 21:10:00
As interest rates are expected to rise due to the Bank of Japan's interest rate hike, major life insurance company Sumitomo Life has decided to raise the interest rates on individual insurance and annuity insurance under certain conditions. The interest rate on the savings portion has been raised for the first time in half a century, and in a "world with interest rates," there is a growing movement to reduce the insurance premium burden on policyholders.
2024-10-24 20:12:00
The Japan-Australia Economic Conference, bringing together business leaders and government officials from Japan and Australia, was held in Nagoya to discuss how the two countries can work together to achieve a carbon-free society.
2024-10-24 19:38:00
Funai Electric, an Osaka-based home appliance manufacturer once known as "FUNAI of the World," has run into financial difficulties and on the 24th received a court order to begin bankruptcy proceedings.
2024-10-24 19:29:00
A system has been developed in Taiwan that uses balloons to ensure Internet and mobile phone communications in the event of a disaster or emergency, and has been unveiled to the media.
2024-10-24 18:17:00
On the 24th in the Tokyo foreign exchange market, the yen weakened to the high 152 yen range against the dollar in the morning due to expectations that the pace of interest rate cuts in the United States would slow down, but in the afternoon there was a move to buy back the yen, and the yen rose slightly in value.
2024-10-24 17:55:00
On the 24th, the Tokyo District Court decided to start bankruptcy proceedings for the Osaka-based home appliance manufacturer Funai Electric. Funai Electric is an Osaka-based home appliance manufacturer that manufactures and sells LCD TVs. It once expanded its LCD TV sales in North America and elsewhere, earning the nickname "FUNAI of the World." However, with sales competition becoming fiercer, it was finding it difficult to improve its profitability.
2024-10-24 15:59:00
Department stores have announced the lucky bags they will be selling at the start of the New Year next year. As rising prices continue to drive consumers into a budget-conscious lifestyle, they are increasing the selection of everyday items such as food assortments.
2024-10-24 15:44:00
On the 24th, the Tokyo Stock Exchange saw a rise in buying orders for semiconductor-related stocks, and the Nikkei average rose slightly.
2024-10-24 13:59:00
Regarding the forced investigation by the Securities and Exchange Surveillance Commission into a judge seconded to the Financial Services Agency and an employee of the Tokyo Stock Exchange, Minister of Financial Services Katsuyuki Kato told reporters in Washington, where he was visiting, "This should never have happened, and it is extremely regrettable," and expressed his intention to take thorough measures to prevent a recurrence based on the results of the investigation.
2024-10-24 13:47:00
The G20 Finance Ministers and Central Bank Governors Meeting, held in Washington, D.C., has concluded its first day of discussions. On the second day of the meeting, which begins on the evening of the 24th (Japan time), it is expected that they will discuss how to lead the world economy to a soft landing.
2024-10-24 13:10:00
At American aircraft manufacturer Boeing, a labor union strike has been ongoing since September over the size of wage increases, but a new proposal by the company, which included a 35% wage increase over four years, was rejected by union members in a vote. This means the strike will continue, raising concerns about the impact on not only Boeing's management but also its business partners.
2024-10-24 12:40:00
In the morning on the 24th, the Tokyo foreign exchange market saw the yen weaken as investors sold yen and bought dollars due to expectations that the pace of interest rate cuts in the United States would slow down, with the yen trading at around 152 yen to the dollar.
2024-10-24 12:17:00
In the morning on the 24th, the Tokyo foreign exchange market saw the yen weaken as investors sold yen and bought dollars due to expectations that the pace of interest rate cuts in the United States would slow down, with the yen trading at around 152 yen to the dollar.
2024-10-24 11:57:00
On the Tokyo Stock Exchange on the 24th, the Nikkei Stock Average fell by nearly 400 yen at one point immediately after trading began, but was subsequently bought back and ended the morning session with a slight increase.
2024-10-24 11:53:00
A labor union strike has been ongoing since last month at American aircraft manufacturer Boeing, but according to Western media, a new proposal proposed by the company, which included a 35% wage increase over four years, was rejected in a vote by union members on the 23rd. According to Reuters and Bloomberg, 64% of votes were against the proposal, meaning the strike will continue. The continuation of the strike will be a further blow to Boeing, whose financial base is deteriorating, and there are concerns about the impact on Japanese companies that supply parts to the company.
2024-10-24 11:20:00
Bank of Japan Governor Ueda, who is currently visiting Washington, D.C., attended an event hosted by the International Monetary Fund and expressed his view that he continues to be concerned about what will happen to the U.S. economy, but that it is still difficult to determine medium-term trends.
2024-10-24 10:44:00
Seven & i Holdings, which has received an acquisition proposal from a major Canadian convenience store chain, held an investor briefing on the 24th and revealed its goal of concentrating management resources on its core convenience store business and expanding the group's total sales to more than 30 trillion yen by fiscal 2030, 1.7 times the current level.
2024-10-24 10:28:00
American electric vehicle maker Tesla Inc. reported its first profit increase in three quarters for the three months to September, up 16.9% compared to the same period last year, due in part to a recovery in demand for EVs in China.
2024-10-24 08:12:00
Regarding carbon dioxide "emissions trading," which is set to begin full-scale operation from fiscal 2026, the government is considering allocating emissions allowances to each company and imposing fines on companies that violate the system, and intends to put the system into practice within the year.
2024-10-24 07:53:00
The G20 Finance Ministers and Central Bank Governors Meeting has begun in Washington, D.C. As Europe and the US shift their focus from price control to lowering interest rates to support the economy, the main topic of discussion is expected to be how to lead the global economy to a soft landing.
2024-10-24 07:07:00
On the 23rd, the New York stock market saw a rise in long-term interest rates in the United States, leading to widespread sell orders due to concerns about the economy and corporate performance, and the Dow Jones Industrial Average at one point fell sharply by more than $600.
2024-10-24 06:45:00
The G20 finance ministers and central bank governors' meeting will soon begin in Washington. As Europe and the US shift their focus from price control to interest rate cuts to support the economy, the main topic of discussion is expected to be how to lead the global economy to a soft landing.
2024-10-24 06:10:00
The Federal Reserve released its latest economic report noting that inflation remains moderate, but that prices of some food items, such as eggs and dairy products, have risen sharply.
2024-10-24 04:17:00
American aircraft manufacturer Boeing announced its financial results for the three months up to last month, posting a final deficit of approximately 940 billion yen in Japanese yen. One of the factors behind this is the labor union strike, but the company has made new proposals such as wage increases, and the results of the union vote are expected to be announced on the morning of the 24th, Japan time.
