2025-02-18 22:50:00
It has been learned that Norinchukin Bank chairman Kazuto Oku, who recorded huge losses in the management of foreign bonds, has decided to resign next month to clarify his responsibility. With the change in leadership, the issue is whether the bank can steadily proceed with reviewing its management structure.
2025-02-18 22:22:00
Last year, Kagoshima Prefecture became the number one producer of "aracha" tea for the first time, surpassing Shizuoka Prefecture, which had been the top producer in Japan for 65 consecutive years.
2025-02-18 22:07:00
It has been 10 years since a new recruit at the major advertising company Dentsu committed suicide due to overwork, but it has been revealed that Dentsu has been certified by the government as a company that promotes the creation of an environment in which women can thrive, with progress being made in eliminating long working hours. The woman's mother commented, "I hope that the company will continue to manage labor with determination and responsibility so that no one will be overworked."
2025-02-18 21:44:00
It has been learned that the chairman of the Norinchukin Bank, which recorded huge losses in the management of foreign bonds, has decided to resign next month. The Norinchukin Bank's final profit and loss for the nine months from April to December last year was a deficit of over 1.4 trillion yen.
2025-02-18 19:59:00
It was discovered that an employee of "Toshiba Tec," a subsidiary of the major electronics company Toshiba that handles office equipment, had been embezzling money for about eight years by falsely receiving orders for computers under the guise of orders from customers, and then repeatedly reselling them. The damage amounted to about 200 million yen, and the company took disciplinary action against the employee on the 18th.
2025-02-18 18:49:00
The government decided on the Basic Energy Plan, which will be the framework for Japan's electricity policy, at a cabinet meeting on the 18th. The plan includes making renewable energy such as solar and wind power the largest power source in the future, while also making maximum use of nuclear power.
2025-02-18 18:31:00
Mizuho Bank announced that a branch employee had been dismissed six years ago for stealing tens of millions of yen worth of customer cash from a safe deposit box. Scandals involving the theft of money and valuables from safe deposit boxes have also come to light at Mitsubishi UFJ Bank and other banks, shaking the trust of the financial industry.
2025-02-18 18:20:00
The Australian central bank announced that it had decided to cut interest rates by 0.25% due to slowing inflation. This is the first interest rate cut in about four years and three months since November 2020.
2025-02-18 18:14:00
On the 18th, the Tokyo foreign exchange market saw the yen fall slightly as investors bought dollars and sold yen due to the view that US interest rates would remain high.
2025-02-18 18:01:00
The average price of cabbage and other produce at supermarkets and other stores was about 2.6 times the average price of normal years as of last week, and remains high. The Ministry of Agriculture, Forestry and Fisheries expects prices to remain higher than average throughout February.
2025-02-18 17:15:00
Sales of anonymous Suica and PASMO transportation IC cards will resume on March 1. Sales had been suspended since June of last year due to the global semiconductor shortage, but the impact has now been resolved.
2025-02-18 16:54:00
On the 18th, the Tokyo Stock Exchange saw a slight rise in stock prices as buying orders were placed on financial-related stocks and other stocks that were expected to see improved profit margins in response to the rise in long-term interest rates.
2025-02-18 16:40:00
Mizuho Bank officially announced on the 18th that a branch employee had stolen several tens of millions of yen in cash from a safe deposit box belonging to two customers. The incident came to light in 2019, and the bank immediately dismissed the employee for disciplinary reasons. Mizuho Bank commented, "As a financial institution that places the highest priority on trust, we sincerely apologize to our customers and related parties for causing concern."
2025-02-18 16:08:00
In the bond market on the 18th, the yield on 10-year government bonds, which is a representative indicator of Japan's long-term interest rates, temporarily rose to 1.43%, the highest level in 15 years and 3 months, due to speculation that the Bank of Japan may implement an additional interest rate hike soon.
2025-02-18 15:56:00
At a regular press conference on the 18th, Nippon Cultural Broadcasting Corporation President Kiyoto Saito, who serves as an outside director for Fuji Television and its parent company, reiterated his belief that in order to restore trust in Fuji Television, it is necessary to work on ensuring transparency in personnel management.
2025-02-18 14:01:00
Iris Ohyama, a manufacturer of household goods, has announced that it will recall approximately 2,800 electric blankets that are plugged into a USB power source due to the risk of them becoming abnormally hot.
2025-02-18 13:34:00
In the bond market on the 18th, the yield on 10-year government bonds, which is a representative indicator of Japan's long-term interest rates, temporarily rose to 1.4%, the highest level in 14 years and 10 months, due to speculation that the Bank of Japan may implement an additional interest rate hike soon.
2025-02-18 12:10:00
On the 18th, the Tokyo Stock Exchange saw a slight rise in stock prices as buying orders were placed on financial-related stocks, which are expected to see improved profit margins in light of rising long-term interest rates.
2025-02-18 12:07:00
Mizuho Bank revealed that six years ago, a bank employee stole customer's valuables from a safe deposit box at a branch and was disciplined. It was also revealed that a Mitsubishi UFJ Bank employee had stolen valuables worth over a billion yen from a safe deposit box at a branch, shaking the public's trust in financial institutions.
2025-02-18 11:50:00
Regarding U.S. President Trump's plan to impose tariffs on imported automobiles, Minister of Economy, Trade and Industry Muto stated his intention to consider necessary measures while communicating with the U.S. government.
2025-02-18 10:33:00
In the bond market on the 18th, the yield on 10-year government bonds, which is a representative indicator of Japan's long-term interest rates, temporarily rose to 1.39%, the highest level in 14 years and 10 months, due to speculation that the Bank of Japan may implement an additional interest rate hike soon.
2025-02-18 10:28:00
The government decided on the Basic Energy Plan, which will be the framework for Japan's electricity policy, at a cabinet meeting on the 18th. The plan includes making renewable energy such as solar and wind power the largest power source in the future, while also making maximum use of nuclear power.
2025-02-18 05:55:00
A delegation from the Japan-China Economic Association, currently visiting China, met with Vice Premier He Lifeng, who oversees economic policy in the Chinese government, on the 17th, and called for the early resumption of imports of Japanese seafood products and the relaxation of China's tightening export restrictions on rare earths and other products.
