2024-11-01 20:56:00
Sumitomo Mitsui Trust Bank, a major trust bank, has announced that a former manager of the bank is suspected of insider trading, buying and selling stocks based on information he learned during his work. The bank will set up a third-party investigative committee to investigate the details of the case.
2024-11-01 20:17:00
Meiji Yasuda Life Insurance Co. announced that it had confirmed a data leak in which an employee seconded to an insurance agency sent customer information of a competing company to the company via email. There have been a series of data leaks related to agencies in the life insurance industry.
2024-11-01 20:13:00
Regarding North Korea's reported deployment of troops to Russia, a Chinese Foreign Ministry spokesman said, "Both countries are independent sovereign nations, and how they develop bilateral relations is their own business," indicating a stance of non-interference in relations between the two countries.
2024-11-01 19:33:00
Due to factors such as bad weather, supplies of orange juice, which is the raw material for orange juice, have decreased and prices have risen sharply, so McDonald's Japan, a major hamburger chain, has announced that it will suspend sales of some sizes of orange juice drinks.
2024-11-01 19:24:00
A subsidiary of Panasonic Holdings, which handles electronic components, has been found to have falsified data when registering materials for components with a certification body, resulting in 93 confirmed cases of misconduct. The company's top management has said they will voluntarily give up part of their executive compensation.
2024-11-01 19:23:00
In the six-month financial results for the two major airlines ending in September this year, sales increased due to a recovery in travel demand, but final profits fell due to the impact of the weak yen and rising labor costs.
2024-11-01 19:15:00
Sumitomo Mitsui Trust Bank, a major trust bank, has announced that a former manager of the bank is suspected of insider trading, buying and selling stocks based on information he learned during his work. The bank will set up a third-party investigative committee to investigate the details of the case.
2024-11-01 19:13:00
On November 1st in the Tokyo foreign exchange market, the yen weakened somewhat from October 31st as there was a move to buy back the fallen dollar.
2024-11-01 19:12:00
The Cabinet Office has announced a new forecast for the growth rate of GDP (gross domestic product) for this fiscal year, revising it downward to plus 0.7% in real terms, excluding price fluctuations, due to the slow recovery of automobile exports being affected by the certification fraud scandal involving some automakers.
2024-11-01 18:45:00
The US presidential election is fast approaching on November 5th. As it is likely to have a major impact on global politics, economies and financial markets, the market is watching with bated breath to see how it turns out. What if the unpredictable former President Trump returns to power? In the Southeast Asian country of Thailand, there are concerns that there will be an even greater influx of imported elephant print pants from China, which are popular among tourists. What is this all about? (Asia Bureau Reporter, Neil Kato)
2024-11-01 18:16:00
At a press conference announcing its financial results on November 1st, securities giant Nomura Holdings said it was extremely regretful that the series of scandals involving its subsidiary Nomura Securities, including the discovery of fraudulent trading in government bond futures and the arrest of a former employee on suspicion of attempted robbery and murder, had led to a loss of customer trust.
2024-11-01 18:06:00
The number of convenience stores in Japan has plateaued at just over 55,700 due to the declining population. In light of this, Lawson has decided to start a new initiative to open more stores in depopulated areas in rural areas where there are many elderly people and where shopping is inconvenient due to the withdrawal of supermarkets and other businesses.
2024-11-01 17:51:00
Sumitomo Mitsui Trust Bank, a major trust bank, announced that it has discovered a case in which a former employee was suspected of insider trading while working at the trust bank. The bank will fully cooperate with any investigations and inquiries by the relevant authorities, and will set up an investigative committee to confirm the facts. Sumitomo Mitsui Trust Bank President Kazuya Oyama will hold a press conference at 6pm to explain the details of the case and how it came to light.
2024-11-01 17:11:00
At a press conference announcing its financial results on the 1st, major securities firm Nomura Holdings acknowledged that the suspect arrested in Hiroshima for allegedly giving an 80-year-old couple in their 20s a sleeping drug, setting their house on fire and stealing their cash was an employee of Nomura Securities, and said it was "extremely regrettable."
2024-11-01 17:04:00
Sumitomo Mitsui Trust Bank, a major trust bank, announced that it has discovered a case in which a former employee was suspected of insider trading while working at the trust bank. The bank will fully cooperate with any investigations and inquiries by the relevant authorities, and will set up an investigative committee to confirm the facts. Sumitomo Mitsui Trust Bank President Kazuya Oyama will hold a press conference at 6pm to explain the details of the case and how it came to light.
2024-11-01 16:28:00
Sales of New Year's postcards for next year, Reiwa 7, began at post offices nationwide on the 1st. Postcard prices have been raised to 85 yen, and Japan Post is anticipating a drop in demand and will sell 25% fewer postcards than last year.
2024-11-01 16:23:00
Mitsubishi Motors Corporation has filed a notice of recall-like improvement measures with the Ministry of Land, Infrastructure, Transport and Tourism for over 130,000 vehicles, citing concerns that parts that assist the brake pedal may freeze in areas with temperatures well below freezing, causing heavy braking.
2024-11-01 16:04:00
The production of the "Super Cub", a model with an engine displacement of less than 50cc, which was sold in 1958 and helped popularize mopeds, will end in May of next year. This is due to the fact that it has been determined that new investments will not be profitable due to the strengthening of exhaust gas regulations.
2024-11-01 15:57:00
In preparation for drawing up next year's budget, an advisory body to the Minister of Finance discussed how to support the domestic semiconductor industry, with both the Ministry of Finance and committee members repeatedly expressing the need for a multi-year medium- to long-term strategy and encouraging investment from the private sector.
2024-11-01 15:22:00
In response to the rise in rice prices, Royal Holdings, a major restaurant chain, has announced that it will raise the prices of rice-based menu items at its tempura bowl chain and other restaurants by 20 yen to 80 yen.
2024-11-01 15:20:00
On the 1st, the Tokyo stock market saw sell orders for a wide range of stocks due to the sharp drop in stock prices in the New York market on the 31st and the rise in the yen in the foreign exchange market, and the Nikkei average temporarily fell by more than 1,100 yen.
2024-11-01 14:52:00
As of the 1st, 144 nursing care business operators have gone bankrupt this year, the highest number ever recorded, surpassing the previous record of 2022. This is believed to be due to a shortage of nursing care staff, and the credit research company that compiled the statistics said, "If support is not strengthened, there is a concern that the number of areas where nursing care is unavailable will increase."
2024-11-01 14:50:00
On the 1st, the Tokyo stock market saw sell orders for a wide range of stocks, due in part to the sharp drop in the Nasdaq stock index, which is dominated by technology-related stocks, on the New York market on the 31st, and the Nikkei average temporarily fell by more than 1,000 yen.
2024-11-01 13:38:00
On the 31st, American Open AI launched an internet search service using ChatGPT, a generative AI. The AI summarizes information on the internet and displays the results, and attention is focused on whether it can compete with search giants such as Google.
2024-11-01 13:26:00
Regarding discussions surrounding the tax system, including a review of the so-called 1.03 million yen annual income barrier, Finance Minister Kato expressed the view that a comprehensive review is needed, taking into account the impact on tax revenue, etc.
2024-11-01 13:24:00
Regarding the Financial Services Agency's order to pay a penalty of over 21 million yen to Nomura Securities, the largest securities firm in Japan, for fraudulently manipulating prices in Japanese government bond futures trading, Minister of Finance Katsuyuki Kato has indicated his intention to check the company's implementation of measures to prevent recurrence.
2024-11-01 13:14:00
American IT giant Apple's financial results for the three months ending in September this year showed a 36% drop in net profit compared to the same period last year, due to the need to book expenses following a ruling by the European Court of Justice on back taxes.
2024-11-01 12:27:00
The Nasdaq stock index, which is dominated by technology-related stocks, fell sharply on the Tokyo stock market on November 1st and on the New York market on the 31st, leading to sell orders for a wide range of stocks, and the Nikkei average stock price temporarily fell by more than 900 yen.
2024-11-01 11:36:00
On the 1st, the Tokyo stock market saw sell orders for a wide range of stocks, due in part to the sharp drop in the Nasdaq stock index, which is dominated by technology-related stocks, on the New York market on October 31st, and the Nikkei average temporarily fell by more than 900 yen.
2024-11-01 11:20:00
Sales of New Year's postcards for next year, Reiwa 7, began at post offices nationwide on the 1st. Postcard prices have been raised to 85 yen, and Japan Post is anticipating a drop in demand and will sell 25% fewer postcards than last year.
2024-11-01 09:14:00
On the 1st, the Tokyo stock market saw sell orders for a wide range of stocks, following a sharp drop in the Nasdaq stock index, which is dominated by technology-related stocks, on the New York market on the 31st, and the strengthening of the yen in the foreign exchange market, causing the Nikkei average to temporarily fall by more than 800 yen.
2024-11-01 08:53:00
American semiconductor manufacturer Intel announced its financial results for the three months ending in September this year, posting a final deficit of approximately 2.5 trillion yen in Japanese yen. The main reason for this was a decline in demand for its own products due to fierce competition in the semiconductor industry.
2024-11-01 07:09:00
On the New York Stock Exchange on October 31st, sell orders spread due to concerns about the future performance of major IT companies, and the Nasdaq stock index, which has many technology-related stocks, fell sharply by more than 2.7%.
2024-11-01 04:14:00
The Tokyo Stock Exchange will extend its closing time for the first time in 70 years, to 3:30 pm, from November 5th, the day after the Golden Week holidays. It also plans to introduce a new system for determining closing prices for stocks, and the focus is on whether this will lead to market revitalization.
