2024-11-08 23:22:00
The Chinese government has announced new measures totaling 10 trillion yuan, or about 213 trillion yen, to support the finances of local governments, which have been deteriorating due to the real estate slump. The aim is to expand the financial capacity of local governments and support the economy.
2024-11-08 23:00:00
The US presidential election saw former Republican President Trump win and become president again. We will provide a detailed report on the impact this will have and reactions from countries around the world.
2024-11-08 20:56:00
A research group including the RIKEN Institute has announced that they have developed a new type of quantum computer that uses light by applying a phenomenon called "quantum teleportation." They hope to further improve the technology and accelerate research and development.
2024-11-08 20:28:00
It has been learned through interviews with people familiar with the matter that the Japan Fair Trade Commission has decided to soon issue a recommendation to the major publishing company Kadokawa and its subsidiaries to prevent a recurrence of the practice of "undercutting" writers, photographers and others involved in magazine production by keeping manuscript fees and other compensation low.
2024-11-08 19:18:00
Kobayashi Pharmaceutical announced that it has booked a new extraordinary loss of over 2.2 billion yen to cover the costs of product recalls and compensation following a problem in which people who took supplements containing red koji ingredients complained of health problems.
2024-11-08 18:46:00
Regarding the issue of Kawasaki Heavy Industries falsifying fuel efficiency data for marine engines, President Yasuhiko Hashimoto stated at a press conference on the 8th that he intends to end the culture of engaging in fraud, even if it takes time, and to improve the organizational culture to one that complies with laws and regulations.
2024-11-08 18:45:00
On the 8th, the Tokyo foreign exchange market saw a rise in the yen to the high 152 yen range due to a rise in the yen buying and dollar selling trend following the US Federal Reserve's decision to further cut interest rates.
2024-11-08 18:41:00
The so-called "annual income wall" is a "constraint" imposed on part-time and casual workers to adjust their working hours out of concern that their take-home pay will decrease. In the news, various figures are mentioned, such as 1.03 million, 1.06 million, 1.3 million, etc., but what is the difference? We have summarized each "wall."
2024-11-08 18:35:00
Sony Group's financial results for the six months ending September this year showed that sales were the highest ever for this period. The company's games and semiconductor businesses were doing well, and the weak yen also boosted its performance.
2024-11-08 18:35:00
The stock market moves until 3pm, after which listed companies announce their financial results all at once - this "time of change" in the Japanese economy that has continued for 70 years has changed this month. The spotlight is on corporate information disclosure, which was previously the norm "after the market closes." How will the timing of announcements and the market's reaction change from now on? (Economics reporters Yokoyama Taichi/Yoshida Tomohiro)
2024-11-08 18:33:00
Suzuki, an automobile manufacturer headquartered in Hamamatsu City, saw increased revenue and profits in the six-month period ending in September this year, thanks to the effects of the weak yen and increased domestic sales.
2024-11-08 18:31:00
Welcia Pharmacy, a major drugstore chain, has announced that its online store was accessed illegally, resulting in the leakage of personal information, including the names and addresses of nearly 40,000 people.
2024-11-08 18:29:00
The announcement of interim financial results by listed companies has reached its peak. Due to the slowdown of overseas economies such as China, the total final profits of companies are 7% lower than the same period last year, and the focus going forward will be on the trend of the US economy after the presidential election.
2024-11-08 18:11:00
The US presidential election saw former Republican President Trump win and become president again. We will provide a detailed report on the impact this will have and reactions from countries around the world.
2024-11-08 17:59:00
At an earnings briefing on the 8th, Olympus Chairman Yasuo Takeuchi offered his "deep apologies" for the resignation of the company's president and CEO over an illegal drug issue.
2024-11-08 17:39:00
Major automakers have all released their interim financial results, and while the weak yen boosted earnings, five of the seven companies saw their final profits decline due to intensifying sales competition in the main markets of the United States and China.
2024-11-08 16:51:00
The new company, which took over the business of the former Big Motor, which was hit by a series of fraudulent insurance claims, has announced measures to strengthen compliance with laws and regulations, including revising its personnel evaluation system, which was biased toward sales performance.
2024-11-08 16:28:00
On the 8th, the Tokyo stock market saw the Nikkei average fluctuate little as many investors refrained from active trading, wanting to wait and see what policies Trump, who won the US presidential election, would put forward.
2024-11-08 15:33:00
The Cabinet Office announced that the coincident index, which indicates the current state of the economy, for September this year was 115.7, up 1.7 points from the previous month, with 2020 as the base year. This is the first increase in the index in two months.
2024-11-08 14:51:00
Kioxia Holdings, a global leader in semiconductors and flash memory, has decided to aim for an IPO between December and June of next year. It had initially aimed to list in October, but has now decided to look at trends in the semiconductor market and other factors to find the right timing.
2024-11-08 14:14:00
At a press conference after the Cabinet meeting, Minister of Economy, Trade and Industry Muto commented on US presidential election winner Donald Trump's indication of a policy to impose tariffs of 10% to 20% in principle on products imported from abroad, including Japan, saying, "I would like to refrain from making any preconceived statements before the administration takes office," and indicated his intention to carefully watch the new administration's future policies.
2024-11-08 14:11:00
In response to the arrest of a Nomura Securities employee for allegedly giving a couple who were clients living in Hiroshima City a sleeping drug, setting their house on fire, and stealing their cash, Finance Minister Katsuyuki Kato stated his intention to check the implementation of the countermeasures announced by the company.
2024-11-08 12:51:00
Following the Nasdaq stock index, which is dominated by technology-related stocks, hitting a new record high on the Tokyo stock market on the 8th and on the New York market on the 7th, buy orders were placed for semiconductor-related stocks, but the Nikkei average only moved slightly due to the strengthening of the yen compared to the 7th.
2024-11-08 12:30:00
The US Federal Reserve Board held a meeting to decide monetary policy and announced on the 7th that it had decided to lower interest rates by 0.25%. This is the second consecutive rate cut, following the previous meeting, and the decision was made in light of the declining inflation rate.
2024-11-08 10:53:00
The amount spent on consumption by households with two or more people in September this year was down 1.1% in real terms, excluding price fluctuations, compared to the same month last year, marking the second consecutive month of decline.
2024-11-08 10:19:00
In July of this year, when the yen was experiencing a historic depreciation, it was revealed that the government and the Bank of Japan intervened in the market on two consecutive days, injecting a total of more than 5.5 trillion yen.
2024-11-08 08:57:00
It has been learned through interviews with people familiar with the matter that the Japan Fair Trade Commission has decided to soon issue a recommendation to the major publishing company Kadokawa and its subsidiaries to prevent a recurrence of the practice of "undercutting" writers, photographers and others involved in magazine production by keeping manuscript fees and other compensation low.
2024-11-08 08:38:00
According to the September household survey released by the Ministry of Internal Affairs and Communications, the amount spent on consumption by households with two or more people was down 1.1% in real terms, excluding price fluctuations, compared to the same month last year. This is the second consecutive month of decline, with the average household spending standing at 287,963 yen.
2024-11-08 08:00:00
The US Federal Reserve Board held a meeting to decide monetary policy and announced on the 7th that it had decided to lower interest rates by 0.25%. This is the second consecutive rate cut, following the previous meeting, and the decision was made in light of the declining inflation rate.
2024-11-08 07:28:00
On the 7th, the New York stock market saw a surge in buying orders, particularly from IT giants, driven by expectations for tax cuts proposed by former President Trump, and the Nasdaq stock index, which has many tech-related stocks, hit a new record high for the second consecutive day.
2024-11-08 07:03:00
The US Federal Reserve Board held a meeting to decide monetary policy and announced on the 7th that it had decided to lower interest rates by 0.25%. This is the second consecutive rate cut, following the previous meeting, and the decision was made in light of the declining inflation rate.
2024-11-08 06:54:00
In the New York foreign exchange market on the 7th, Federal Reserve Chairman Powell said at a press conference that "the policies of any administration or Congress have the potential to have an economic effect in the long term," which led to the yen weakening and the dollar strengthening to the mid-153 yen range against the dollar.
