Economic news(2025/01/21)
"Kaikatsu Club" members' personal information leaked in cyber attack
2025-01-21 21:58:00
It has been discovered that the internet cafe "Kaikatsu Club" was the victim of a cyber attack, and some of the member information, such as names, addresses, and dates of birth, may have been leaked. The company says it is still investigating the exact number of cases.
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Yamato Transport to continue delivering thin packages in-house, Japan Post says "extremely regrettable"
2025-01-21 20:34:00
As Yamato Transport and Japan Post are at odds over the review of their collaboration, Yamato Transport has announced that it will continue to deliver thin packages that it had planned to outsource. The future of the collaboration is becoming even more unclear as it has caused delays in package deliveries.
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Ministry of Land, Infrastructure, Transport and Tourism calls on major general contractors to cooperate in Ukraine reconstruction
2025-01-21 20:17:00
With February approaching the third anniversary of Russia's invasion of Ukraine, the Ministry of Land, Infrastructure, Transport and Tourism has called on over 100 companies, including major domestic general contractors, to cooperate in repairing bridges and roads in Ukraine to help with the country's reconstruction.
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Kobayashi Pharmaceutical President Yamane steps down to overhaul management structure to restore trust
2025-01-21 19:35:00
Kobayashi Pharmaceutical has announced personnel changes that will see President Satoshi Yamane step down and Executive Officer Yoshikazu Toyoda promoted to the new president.
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Nippon Cultural Broadcasting President urges Fuji TV parent company to hold extraordinary board meeting
2025-01-21 19:26:00
Following a weekly magazine report alleging that Fuji Television employees were involved in a dispute between entertainer Nakai Masahiro and a woman, Nippon Cultural Broadcasting Corporation President Saito Kiyoto revealed that he has asked Fuji Media Holdings, the parent company of Fuji Television, where he serves as an outside director, to hold an emergency board meeting.
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[Economic Impact] President Trump takes office Stock prices, yen rate, domestic companies
2025-01-21 18:49:00
This article summarizes the economic impact and reactions to the inauguration of Republican Donald Trump as the 47th President of the United States.
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Kikkoman requests Fuji TV to suspend "Kuishinbo! Banzai"
2025-01-21 18:42:00
Following a weekly magazine report alleging that Fuji Television employees were involved in a dispute between entertainer Nakai Masahiro and a woman, major food manufacturer Kikkoman revealed that it has requested Fuji Television to suspend the broadcast of a program for which it is the sole sponsor, from the 26th, for the time being.
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Media Workers Union protests against Fuji TV press conference over Nakai trouble
2025-01-21 17:53:00
A coalition of labor unions from newspapers and commercial broadcasters issued a statement in protest against Fuji Television's decision to limit the number of attendees at a press conference held on the 17th regarding a dispute between entertainer Nakai Masahiro and a woman, and to not allow filming. The group said that this is "tantamount to an abandonment of their mission and responsibilities as a news organization."
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[Economic Impact] President Trump takes office Stock prices, yen rate, domestic companies
2025-01-21 17:25:00
This article summarizes the economic impact and reactions to the inauguration of Republican Donald Trump as the 47th President of the United States.
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Instagram partially restricts teen usage in Japan too - US News
2025-01-21 16:50:00
As slander and abuse on social media becomes a growing problem, American IT giant Meta has announced that it will introduce a system in Japan to partially restrict teenage users of its Instagram account.
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Kobayashi Pharmaceutical President Yamane to retire, Executive Officer Toyoda to succeed him
2025-01-21 16:40:00
Kobayashi Pharmaceutical has announced personnel changes that will see President Satoshi Yamane step down and Executive Officer Yoshikazu Toyoda promoted to the new president.
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Keidanren's basic policy for this year's spring labor offensive: "Stabilizing wage increases is a social responsibility"
2025-01-21 16:22:00
The Japan Business Federation (Keidanren) has compiled a basic policy to serve as a guide for management in this year's spring labor offensive, stating that establishing wage increases is a social responsibility and indicating the need to expand wage increases not only to large companies but also to small and medium-sized enterprises and non-regular workers.
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Stock prices rise slightly as Trump's comments lead to a mix of buying and selling
2025-01-21 16:05:00
On the 21st, the Tokyo stock market saw a mix of buying and selling following comments by new President Trump regarding tariffs, and the Nikkei average rose slightly.
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President Trump's inauguration [Summary of economic impact and reaction] Stock prices, yen exchange rate
2025-01-21 15:10:00
This article summarizes the economic impact and reactions to the inauguration of Republican Donald Trump as the 47th President of the United States.
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President Trump considers 25% tariffs on Mexico and Canada starting February 1st
2025-01-21 14:52:00
The new US President Trump has revealed that he is considering imposing a 25% tariff on imports from Mexico and Canada from next month 1st. He also stated that he is "not ready" to impose uniform tariffs on imports from all countries, but he has instructed the Secretary of Commerce and others to investigate the causes of the trade deficit and security risks, and to recommend measures such as additional tariffs on a global scale.
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Trading of shares in China's real estate giant Country Garden resumes, but concerns over management continue
2025-01-21 14:30:00
Trading of China's major real estate company Country Garden, which had fallen into financial difficulties and whose shares had been suspended, has resumed on the Hong Kong Stock Exchange for the first time in about nine months. This is because the company announced its financial results, which had been postponed, and met the conditions for resumption of trading set by the exchange, but concerns remain about the company's future.
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President Trump's inauguration [Summary of economic impact and reaction] Stock prices, yen exchange rate
2025-01-21 13:21:00
This article summarizes the economic impact and reactions to the inauguration of Republican Donald Trump as the 47th President of the United States.
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Stock prices fluctuate wildly as President Trump's comments lead to mixed buying and selling
2025-01-21 12:24:00
On the 21st, the Tokyo stock market saw volatile price movements as the Nikkei average saw a mix of buying and selling following comments by new President Trump regarding tariffs.
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Yen exchange rate reacts to President Trump's remarks, fluctuating by more than 1 yen following tariff comments
2025-01-21 12:23:00
On the 21st, in the Tokyo foreign exchange market, the yen weakened and the dollar strengthened, fluctuating by more than 1 yen, immediately after the new US President Trump stated that he was considering imposing a 25% tariff on imports from Mexico and Canada from February 1. The market is sensitive to President Trump's comments regarding economic policy.
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The government will abolish the stricter standards for automobile exhaust gases introduced by the previous administration.
2025-01-21 12:13:00
The new President Trump signed an executive order to repeal the gradually tightening regulations on automobile exhaust gas standards, along with over 70 executive orders issued during the previous Biden administration. These regulations were introduced by the previous Biden administration, which has made climate change one of its top priorities, with the aim of popularizing EVs (electric vehicles). Trump had previously indicated his intention to repeal the regulations on the first day of his presidency, calling them "mandatory EVs."
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President Trump considers 25% tariffs on Mexico and Canada starting February 1st
2025-01-21 11:39:00
In his inaugural address, the new US President Trump said he would begin a review of the trade system and emphasized that he would impose tariffs on foreign countries to enrich the people. He also revealed that he is considering imposing a 25% tariff on imports from Mexico and Canada from February 1st.
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Yen exchange rate reacts to President Trump's remarks, fluctuating by more than 1 yen following tariff comments
2025-01-21 11:29:00
On the 21st, in the Tokyo foreign exchange market, the yen weakened and the dollar strengthened, fluctuating by more than 1 yen, immediately after the new US President Trump stated that he was considering imposing a 25% tariff on imports from Mexico and Canada from February 1. The market is sensitive to President Trump's comments regarding economic policy.
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President Trump considers 25% tariffs on Mexico and Canada starting February 1st
2025-01-21 10:46:00
In his inaugural address, the new US President Trump said he would begin a review of the trade system and emphasized that he would impose tariffs on foreign countries to enrich the people. He also revealed that he is considering imposing a 25% tariff on imports from Mexico and Canada from February 1st.
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Financial Services Agency issues business improvement orders to Toyota subsidiary auto dealers
2025-01-21 10:34:00
The Financial Services Agency, which is investigating the actual state of insurance sales at car dealerships and other outlets, has decided to issue a business improvement order to Toyota Mobility Tokyo, a car dealer subsidiary of Toyota Motor Corporation, and Goodspeed, a major used car dealer. It is believed that there were problems such as discounting the price of a car on the condition of joining a certain insurance.
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President Trump signs executive order granting 75-day grace period for “effectively banning TikTok”
2025-01-21 10:34:00
The new US President Trump, who took office on the 20th, signed an executive order ordering the Attorney General not to take any action for 75 days regarding the enforcement of laws that essentially ban the Chinese video sharing app "TikTok" in the US. TikTok's Chinese parent company will consider measures to continue the business, such as selling its US business, and Trump reiterated his view that it would be desirable to set up a new joint venture with US capital holding 50% of the shares.
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Trump's claim that "tariffs on foreign countries are for the people" may be postponed on the first day
2025-01-21 07:53:00
In his inaugural address, the new US President Trump said he would begin a review of the trade system and would impose tariffs on foreign countries to enrich his people. US media has reported that Trump will order an investigation into the trade deficit, but that he will refrain from imposing tariffs on his first day in office.
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Sony Group to raise starting salary for college graduates to over 310,000 yen
2025-01-21 05:31:00
Starting in the new fiscal year, 2025, the Sony Group will increase starting salaries for new college graduates by more than 10% to just over 310,000 yen. It has also decided to phase out winter bonuses and increase monthly salaries instead, hoping to attract talent by improving working conditions and creating an environment where employees can earn a stable income.
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