2025-03-07 22:43:00
Amid growing uncertainty in the global economy due to protectionist policies in the United States, the first meeting of the economic version of "2+2," a framework for economic consultation between foreign and economic ministers of Japan and the UK, was held, and the leaders confirmed their commitment to promoting a free and open international trade system.
2025-03-07 19:32:00
With the focus of this year's spring labor offensive being on the spread of wage increases to small and medium-sized enterprises, the heads of the Japan Chamber of Commerce and Industry and Rengo met and agreed to further accelerate efforts to pass on price increases in order to secure the funds needed for sustainable wage increases.
2025-03-07 19:31:00
"I've been watching the market for over a decade, but I've never seen anything like this before," said a market expert. The rise in long-term interest rates shows no sign of stopping. Long-term interest rates are deeply connected to our daily lives, including fixed interest rates on mortgages and interest on term deposits. Are there any chances of another rise? Such voices are beginning to be heard. (Yokoyama Taichi, Economics Department Reporter)
2025-03-07 18:44:00
On the 7th in the Tokyo foreign exchange market, the yen rose in value as Japan's long-term interest rates rose due to expectations that the Bank of Japan would continue to raise interest rates in the future, which led to increased buying of the yen.
2025-03-07 18:43:00
At Nissan Motor, whose performance is deteriorating, several candidates have been put forward as a successor to President Makoto Uchida in discussions at the Nomination Committee, which compiles personnel proposals for the company's executive management. However, there are also objections, and the company is expected to decide on a new management structure at its board meeting on the 11th of next week.
2025-03-07 18:06:00
As rice prices continue to rise, Agriculture, Forestry and Fisheries Minister Eto called for calm, saying that consumers are not in a position to rush to buy rice, and indicated that depending on future price trends, the government will consider responses, including releasing more stockpiled rice.
2025-03-07 18:06:00
US President Trump has decided to exempt imports from Mexico and Canada that are included in the three-country trade agreement from tariffs until the 2nd of next month. In response, Canada has announced that it will postpone the imposition of large-scale retaliatory tariffs that were scheduled for the end of this month.
2025-03-07 17:53:00
An index showing rice price forecasts for the next three months, surveyed among rice producers and wholesalers in February, has dropped significantly from the previous month. The survey group analyzed that this may be due to a widespread view that rice prices will remain at a high level, but that the government's release of stockpiled rice will weaken the upward trend.
2025-03-07 17:51:00
A major American automaker has announced that it will launch a luxury brand EV (electric vehicle). With emerging Chinese automakers also aggressively pushing into the Japanese market, attention is focused on whether this will lead to increased sales of EVs, which have been sluggish in Japan.
2025-03-07 17:29:00
On the 7th, the Tokyo stock market saw a rise in sell orders due to uncertainty surrounding the tariff policy of the Trump administration in the United States, and the Nikkei average fell by more than 800 yen, closing below 37,000 yen for the first time in six months.
2025-03-07 16:56:00
China's trade surplus with the United States in January and February of this year increased by 3.7% compared to the same period last year. As the United States and China impose additional tariffs on each other, the increase in China's trade surplus with the United States is likely to further intensify concerns about intensifying trade friction.
2025-03-07 16:47:00
As rice prices continue to rise, Agriculture, Forestry and Fisheries Minister Eto called for calm, saying that consumers are not in a position to rush to buy rice, and indicated that depending on future price trends, the government will consider responses, including releasing more stockpiled rice.
2025-03-07 16:32:00
SBI Shinsei Bank has reached an agreement with the government on how to repay over 300 billion yen in public funds injected into its predecessor, the former Long-Term Credit Bank of Japan. The government will convert the bank's shares held by the government into preferred stock, repay 100 billion yen by dividends in March, and then continue to repay the rest with additional dividends.
2025-03-07 16:09:00
As rice prices continue to rise, Agriculture, Forestry and Fisheries Minister Eto called for calm, saying that consumers are not in a position to rush to buy rice, and indicated that depending on future price trends, the government will consider responses, including releasing more stockpiled rice.
2025-03-07 15:41:00
An index showing rice price forecasts for the next three months, surveyed among rice producers and wholesalers in February, showed a significant drop from the previous month. The survey group analyzed that this may be due to a widespread view that the government's release of stockpiled rice will calm the soaring price of rice.
2025-03-07 13:18:00
An index showing rice price forecasts for the next three months, surveyed among rice producers and wholesalers in February, showed a significant drop from the previous month. The survey group analyzed that this may be due to a widespread view that the government's release of stockpiled rice will calm the soaring price of rice.
2025-03-07 12:44:00
Minister of Economy, Trade and Industry Muto will visit the United States from March 9th to meet with Secretary of Commerce Rutnick, who is in charge of tariffs and trade policy in the Trump administration. He plans to directly request that Japan be excluded from the 25% tariffs on steel and aluminum products, which are scheduled to take effect on the 12th, as well as the tariffs on automobiles.
2025-03-07 12:22:00
On the 7th, the Tokyo stock market saw sell orders spread across a wide range of stocks due to uncertainty surrounding the tariff policy of the Trump administration in the United States, and the Nikkei average temporarily fell by more than 800 yen.
2025-03-07 11:27:00
As rice prices continue to rise, Agriculture, Forestry and Fisheries Minister Eto called for calm, saying that consumers are not in a position to rush to buy rice, and indicated that depending on future price trends, the government will consider responses, including releasing more stockpiled rice.
2025-03-07 11:25:00
Long-term interest rates continue to rise in the domestic bond market. As the Bank of Japan is expected to continue raising interest rates in the future, the yield on the representative 10-year government bond rose to 1.530% on the 7th, the highest level since 2009.
2025-03-07 11:04:00
In response to a series of violations of laws and regulations in the non-life insurance industry, including fraudulent insurance claims, the government decided at a cabinet meeting on the 7th to pass a bill to amend the Insurance Business Act to require large insurance agencies to appoint a person in charge of compliance with laws and regulations in order to prevent recurrence.
2025-03-07 09:55:00
On the 7th, the Nikkei average on the Tokyo Stock Exchange fell by more than 800 yen. On the 6th, in the New York market, sell orders spread due to uncertainty over the tariff policy of the Trump administration in the United States, and major stock indexes fell together, leading to a decline across the board in the Tokyo market as well.
2025-03-07 07:48:00
On the 6th, the New York stock market saw a rise in sell orders due to uncertainty surrounding the Trump administration's tariff policy, and the Dow Jones Industrial Average temporarily fell by more than $600.
2025-03-07 07:01:00
Steven Hayes Dacus, the new president of Seven & i Holdings, said that the takeover proposal from a major Canadian convenience store chain is difficult to accept due to issues with U.S. competition law. He plans to continue discussions with the company while first aiming to increase its own corporate value.
2025-03-07 06:11:00
US President Trump has exempted imports from Mexico and Canada from tariffs on items included in the three-country trade agreement until the 2nd of next month. The Trump administration had just imposed a 25% tariff on imports from Mexico and Canada on the 4th of this month, but has once again imposed a grace period.
