2025-02-20 19:32:00
The Norinchukin Bank, which recorded huge losses due to failed foreign bond investments, has officially announced that Chairman Kazuto Oku will resign at the end of next month in order to clarify management responsibility. The bank also revealed that it expects to post a final deficit of 1.9 trillion yen for the fiscal year ending March this year.
2025-02-20 18:23:00
On the 20th, the Tokyo foreign exchange market saw the yen strengthen due to speculation that the Bank of Japan might implement an additional interest rate hike at an early date, and the yen temporarily rose to the 149 yen range per dollar for the first time in about two months.
2025-02-20 17:58:00
The Japan Fair Trade Commission has issued a recommendation to a major manufacturer of pumps used in water supply and sewage systems, demanding payment of expenses, etc., for violating the Subcontracting Act by having over 170 subcontractors store wooden molds and other items used in manufacturing free of charge without paying their storage costs.
2025-02-20 17:31:00
As rice prices continue to rise and the trend towards using imported rice grows, it has been found that the amount of rice imported by private companies in the past month has sharply increased, exceeding the entire amount of last year.
2025-02-20 16:46:00
The Norinchukin Bank, which recorded huge losses due to the failure of its foreign bond management, has officially announced that its chairman, Kazuto Oku, will step down at the end of March.
2025-02-20 16:40:00
A long-established bookstore in Meguro Ward, Tokyo, which was founded 102 years ago, is closing down, and on its last business day, the 20th, familiar customers came to bid it a farewell.
2025-02-20 16:39:00
The yen strengthened in the Tokyo foreign exchange market on the 20th, temporarily reaching the 149 yen to the dollar range for the first time in about two months. Speculation that the Bank of Japan may raise interest rates further at an early date and that long-term interest rates in the United States will fall in the future have led to a growing trend of selling dollars and buying yen in anticipation of a narrowing interest rate gap between Japan and the United States.
2025-02-20 16:36:00
US media has reported that US President Donald Trump is considering concluding a wide-ranging agreement with China that would include new trade relations and nuclear security.
2025-02-20 16:13:00
On the 20th, the Tokyo stock market saw a rise in sell orders, particularly for export-related stocks such as automobiles, as a result of the yen's strengthening amid persistent caution over the US tariff policy, and the Nikkei average temporarily fell by more than 600 yen.
2025-02-20 16:11:00
On the 20th, American investment fund KKR, which had made a takeover proposal for the software giant Fujisoft, announced that the takeover bid had ended and that it had acquired a majority stake in the company. The fierce bidding war with another investment fund had been ongoing, but the matter has finally come to an end.
2025-02-20 15:56:00
It has been learned that Minister of Economy, Trade and Industry Muto is making arrangements to visit the United States as early as next month to meet with Secretary of Commerce Rutnick, who is in charge of leading tariff and trade policy in the Trump administration. In addition to directly requesting that Japan be excluded from the measures imposing high tariffs on steel and aluminum products, the two are also expected to discuss automobile tariffs and other issues.
2025-02-20 14:59:00
On the 20th, Bank of Japan Governor Ueda met with Prime Minister Ishiba ahead of the G20 Finance Ministers and Central Bank Governors Meeting next week. The two men are believed to have exchanged views on the state of the domestic economy after last month's additional interest rate hike.
2025-02-20 14:23:00
The president of a Tokyo-based consulting firm that had been contracted to provide financial advisory services to OKWave, the operator of an online Q&A site, was arrested by the Tokyo District Public Prosecutors' Office Special Investigation Unit on suspicion of insider trading for allegedly illegally selling stocks based on undisclosed information he learned through the course of his work.
2025-02-20 13:57:00
Suzuki has put together a new six-year management plan through fiscal 2030. In light of the slowdown in demand for electric vehicles (EVs), the company plans to strengthen its hybrid vehicles and other products, as well as strengthen its production system in the main Indian market.
2025-02-20 12:53:00
The president of a Tokyo-based consulting firm that had been contracted to provide financial advisory services to OKWave, the operator of an online Q&A site, was arrested by the Tokyo District Public Prosecutors' Office Special Investigation Unit on suspicion of insider trading for allegedly illegally selling stocks based on undisclosed information he learned through the course of his work.
2025-02-20 12:18:00
On the 20th, the Tokyo stock market was on edge over US President Trump's comments that he would impose tariffs of around 25% on automobiles, and with the yen strengthening in the Tokyo foreign exchange market, sell orders spread in export-related stocks such as automobiles, causing the Nikkei average to fall by more than 600 yen at one point.
2025-02-20 10:40:00
In the bond market on the 20th, the yield on 10-year government bonds, which is a representative indicator of Japan's long-term interest rates, temporarily rose to 1.440%, 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.
2025-02-20 10:36:00
On the 20th, the Tokyo stock market continued to be on edge over US President Trump's comments that he would impose tariffs of around 25% on automobiles, and the yen continued to appreciate in the Tokyo foreign exchange market, leading to widespread sell orders for export stocks such as automobiles, causing the Nikkei average to fall by more than 500 yen at one point.
2025-02-20 08:54:00
American IT giant Apple has announced a new smartphone that is cheaper than its current flagship model, apparently aiming to compete with rivals by selling a lower-priced model equipped with generative AI.
2025-02-20 07:02:00
On the 19th, the New York Stock Exchange saw the S&P 500 stock index, which is calculated based on the stock prices of 500 major companies, rise 0.24% from the previous day, hitting a new record high for the second consecutive day. A market insider commented, "The minutes of the meeting to decide monetary policy at the Federal Reserve Board of the United States, released on the 19th, revealed that there had been discussions on a temporary suspension of quantitative tightening, which reduces holdings of financial assets such as government bonds in order to curb inflation. This has led to a widespread optimism among investors about the future of the economy."
2025-02-20 07:00:00
The minutes of the January meeting of the Federal Reserve Board of the United States, where the Board of Governors of the Federal Reserve System decided not to cut interest rates for the first time in four meetings, have been released. It was revealed that participants were in agreement that they would not rush to cut interest rates, as they wanted to see a further decline in the inflation rate before deciding to adjust policy.
