2024-11-07 23:34:00
The Bank of England, the central bank of the United Kingdom, announced that it would lower its policy interest rate, citing a downward trend in domestic inflation. This is the first interest rate cut in two meetings, and in Europe, central banks are cutting interest rates one after another in light of the slowdown in the rate of price increases.
2024-11-07 21:00:00
The US presidential election saw former Republican President Trump win and assume the presidency once again. We will provide a detailed report on the impact on the Japanese economy and the reaction of domestic companies.
2024-11-07 20:09:00
Mazda announced that its group-wide interim financial results for the period from April to September of this year showed a 67% decrease in final profits compared to the same period last year. The main reason for this was the increase in subsidies to boost sales in the United States, and the company also revised down its earnings forecast for the current fiscal year.
2024-11-07 19:33:00
Nissan Motor's interim financial results for the period from April to September this year showed a significant drop of over 90% in both operating profit and final profit due to sluggish sales in its main US market. In order to turn things around, the company has announced a plan to cut its global production capacity by 20% and lay off 9,000 employees.
2024-11-07 19:29:00
Due to rising raw material procurement prices due to the weak yen and other factors, Nestle Japan, a major food manufacturer headquartered in Kobe, has announced that it will raise prices of over 130 items, including instant coffee and sweets, from February next year.
2024-11-07 19:19:00
The US presidential election saw former Republican President Trump win and assume the presidency once again. We will provide a detailed report on the impact on the Japanese economy and the reaction of domestic companies.
2024-11-07 18:58:00
The US presidential election saw former Republican President Trump win and assume the presidency once again. We will provide a detailed report on the impact on the Japanese economy and the reaction of domestic companies.
2024-11-07 18:53:00
At a financial results briefing on the 7th, Nippon Steel Corporation Vice Chairman Takahiro Mori expressed the view that the acquisition plan for U.S. Steel, a major steel manufacturer currently under review by a U.S. government committee, can be completed within the year under the current administration.
2024-11-07 18:52:00
Nissan Motor's interim financial results for the period from April to September this year showed a significant drop of over 90% in both operating profit and final profit due to sluggish sales in its main US market. In order to turn things around, the company has announced a plan to cut its global production capacity by 20% and lay off 9,000 employees.
2024-11-07 18:26:00
On the 7th, the Tokyo foreign exchange market saw a move to sell yen and buy dollars due to the view that inflationary trends in the United States might strengthen again in the future, while there was also a move to buy back the yen that had fallen in value, and the yen fluctuated between 1 dollar = 154 yen.
2024-11-07 17:42:00
The US presidential election saw former Republican President Trump win and assume the presidency once again. We will provide a detailed report on the impact on the Japanese economy and the reaction of domestic companies.
2024-11-07 17:14:00
The US presidential election saw former Republican President Trump win and assume the presidency once again. We will provide a detailed report on the impact on the Japanese economy and the reaction of domestic companies.
2024-11-07 17:13:00
At an earnings briefing on the 7th, Nippon Steel Corporation Vice Chairman Takahiro Mori said about the company's acquisition plan for major steel manufacturer U.S. Steel, which is being reviewed by a U.S. government committee, "Now that the election is over, we are finally able to have a calm discussion," and added, "All that remains to complete the acquisition is approval from the committee and the antitrust review, and the plan is now proceeding smoothly.There is a deadline for the review, so I believe a decision will be made by the current administration by the end of the year," reiterating his view that the acquisition can be completed within the year.
2024-11-07 17:12:00
Nissan Motor announced that its entire group's interim financial results for the period from April to September this year showed a 90.2% decrease in operating profit compared to the same period last year, to 32.9 billion yen, due to continued sluggish sales in its main US market. As a result, Nissan has announced a policy to cut its global production capacity by 20% and lay off 9,000 employees in order to turn its business around. In addition, it has said it will sell up to 10% of the 34% of shares held by Mitsubishi Motors Corporation to Mitsubishi Motors. In order to clarify management responsibility due to the continued poor performance, President Uchida Makoto has announced that he will voluntarily give up 50% of his executive compensation starting this month.
2024-11-07 16:33:00
In the bond market on the 7th, following the trend of rising long-term interest rates in the United States, the yield on 10-year government bonds, which is a representative indicator of long-term interest rates in Japan, rose to 1% for the first time in about three months.
2024-11-07 16:08:00
On the 7th, the Tokyo stock market rose temporarily immediately after trading began due to the upward trend in stock prices in the New York market following the US presidential election, but then fell as sell orders were placed to secure profits.
2024-11-07 14:03:00
In the bond market on the 7th, following the trend of rising long-term interest rates in the United States, the yield on 10-year government bonds, which is a representative indicator of long-term interest rates in Japan, rose to 1% for the first time in about three months.
2024-11-07 13:37:00
The Ministry of Finance summarized the current state of the economy across the country and maintained its assessment that the economy is "recovering slowly, although some areas are showing signs of weakness."
2024-11-07 12:06:00
On the 7th, the Tokyo stock market saw a large number of buy orders immediately after trading began, following the trend of the Dow Jones Industrial Average and other stocks hitting new record highs in the New York market on the 6th following the US presidential election. However, after that, sell orders were also placed to secure profits, and the Nikkei Stock Average fell.
2024-11-07 10:12:00
On the 7th, the Tokyo stock market was a mix of buying and selling, with buy orders coming in after former Republican President Trump secured victory and the Dow Jones Industrial Average and other stocks hitting new highs in the New York market on the 6th, but there were also sell orders to secure profits.
2024-11-07 10:09:00
On the 7th, the Tokyo foreign exchange market saw a continued trend of selling yen and buying dollars due to the view that inflationary trends in the United States may strengthen again in the future, with the yen trading at around 154 yen to the dollar, as former President Trump's victory in the US presidential election became certain.
2024-11-07 08:17:00
The US presidential election resulted in former Republican President Trump being inaugurated as president again. On the 6th, one day after the vote, Democratic Vice President Harris gave a speech in Washington, D.C., acknowledging his defeat, saying, "We must accept the results of this election. I spoke with Mr. Trump and congratulated him on his victory."
2024-11-07 07:15:00
The US presidential election saw former Republican President Trump once again assume the presidency. On the 6th, one day after the vote, Democratic Vice President Harris gave a speech in Washington, D.C., saying, "The results of this election are not what we wanted." She then acknowledged her defeat, saying, "We must accept the results of this election. I have spoken with President-elect Trump and congratulated him on his victory. I have told him that I will support Trump and his team in the transition of power and work toward a peaceful transition."
2024-11-07 07:05:00
As it was reported that former Republican President Trump had been declared the winner of the US presidential election, the Dow Jones Industrial Average rose by more than $1,500 to a new record high on the New York Stock Exchange on the 6th, due to expectations for tax cuts and other factors. All major stock indexes, including the Nasdaq Index, which is dominated by tech-related stocks, also reached new highs.
2024-11-07 05:52:00
In order to resolve the labor shortage of truck drivers, the Ministry of Land, Infrastructure, Transport and Tourism will strengthen its investigations of shippers and prime contractors from this month. The ministry plans to monitor whether they are making unreasonable demands on drivers, who are in a weaker position, and to take corrective action.
2024-11-07 05:39:00
Following reports that former President Trump had been declared the winner of the US presidential election, the yen temporarily fell to the high 154 yen range against the dollar for the first time in about three months.
