Economic news(2025/05/28)
LINE Yahoo! to ban listings of stockpiled rice from the 28th to prevent resale
2025-05-28 20:45:00
LINE Yahoo! announced that it would begin efforts to ban the listing of government stockpiled rice on the auction and flea market sites it operates from the 28th. The move is said to be aimed at preventing price hikes and supply shortages due to resale.
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Bank of Japan's government bond holdings see record writedown of over 28 trillion yen due to rising interest rates
2025-05-28 19:41:00
It has been found that the valuation losses on government bonds held by the Bank of Japan will expand to over 28 trillion yen as of the end of March 2025. The amount of the valuation losses is the largest since comparable data became available in fiscal 2004, due to the fall in government bond prices accompanying rising interest rates.
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Securities account hijacking confirmed to have affected 17 companies Japan Securities Dealers Association
2025-05-28 19:34:00
In response to the recent spate of cases of securities accounts being hijacked and unauthorised transactions being made with stocks and other transactions, Chairman Morita of the Japan Securities Dealers Association revealed that 17 securities companies have confirmed that their customers have been affected. The damage continues to grow.
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Yen exchange rate: Small fluctuations
2025-05-28 18:57:00
On the 28th, the yen fluctuated little on the Tokyo foreign exchange market.
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Minister of Economy, Trade and Industry Akazawa to hold ministerial talks with US Chief Cabinet Secretary Hayashi to confirm response policy
2025-05-28 17:48:00
Regarding the tariff measures taken by the Trump administration, Minister for Economic Revitalization Akazawa met with Chief Cabinet Secretary Hayashi to confirm the response policy before leaving Japan on the 29th for the next ministerial negotiations.
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NEXCO 3 companies postpone review of late-night expressway discounts due to ETC outage
2025-05-28 17:33:00
Following a major ETC system failure that occurred in April, NEXCO West Japan, Central Japan, and East Japan have announced that they will postpone a review of late-night discounts on expressways that was scheduled for July of this year.
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Stock prices move slightly. Buying orders gather, but selling orders also appear in the afternoon.
2025-05-28 16:22:00
On the 28th, the Nikkei Stock Average on the Tokyo Stock Exchange showed little movement.
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Gasoline prices drop to the 170 yen range since December last year thanks to government subsidies
2025-05-28 15:53:00
The national average retail price of regular gasoline was 177.6 yen per liter as of the 26th, down 4.5 yen from the previous week. This is the first time the price has been in the 170 yen range since December last year, due to the government's fixed-price subsidy program that began last week.
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The revised GX Promotion Act was passed by the House of Councillors, making participation in emissions trading mandatory.
2025-05-28 14:27:00
An amendment to the Green Transformation Promotion Act, which includes provisions to require companies with annual carbon dioxide emissions of 100,000 tons or more to participate in the emissions trading system scheduled to begin in fiscal 2026, was passed and enacted at the House of Councilors plenary session on the 28th.
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Seven-Eleven voluntarily recalls matcha sweets due to possible metal contamination
2025-05-28 14:03:00
Major convenience store chain Seven-Eleven Japan has announced that it will voluntarily recall matcha sweets sold at its stores in Aichi Prefecture and elsewhere, citing the possibility that metal fragments may have been found in the products.
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Stock prices rise slightly as fears of a slowdown in the U.S. economy fade somewhat
2025-05-28 12:07:00
On the 28th, the Tokyo stock market saw the Nikkei average rise slightly as concerns over a slowdown in the US economy appeared to have subsided somewhat.
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iPhone shipments from India surpass those from China
2025-05-28 10:27:00
Regarding iPhones sold in the United States by IT giant Apple, American business channel CNBC reported that shipments from India in March and April of this year surpassed those from China.
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Major banks launch new inter-company payment services in an effort to attract corporate deposits
2025-05-28 07:58:00
Major banks are increasingly launching new inter-company payment services, aiming to attract deposits from companies that use these services. In a world where interest rates exist, the competition to acquire deposits is likely to become increasingly fierce.
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NY Dow rises by over $700 after EU tariffs postponed
2025-05-28 06:16:00
On the 27th, the New York Stock Exchange saw the Dow Jones Industrial Average rise by more than $700 as investors welcomed President Trump's announcement that he would postpone the imposition of 50% tariffs on the European Union.
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Minister of Economy, Trade and Industry Akazawa leaves for ministerial negotiations with the US on the 29th to consider further proposals
2025-05-28 06:02:00
Regarding the tariff measures of the Trump administration, Minister of Economic Revitalization Akazawa is scheduled to leave for Washington on the 29th to take part in ministerial negotiations. While further proposals are being considered to gain the understanding of the US side, there are also proposals from within the government to hold new negotiations in conjunction with an international conference to be held in France next week if no compromise is seen in the negotiations.
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Ministry of Land, Infrastructure, Transport and Tourism to conduct survey on "foreigners purchasing for investment purposes" as condominium prices soar
2025-05-28 05:22:00
With condominium prices continuing to soar, it has been pointed out that one of the factors is foreigners purchasing them for investment purposes. In order to grasp the actual situation, the Ministry of Land, Infrastructure, Transport and Tourism has decided to conduct its first survey using property registration information.
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