Eleven City Index Acquires Majority Stake in Mitsui Matsushima Holdings
TOKYO (Reuters) – Eleven City Index (Shibuya-ku, Tokyo), an investment company linked to the former Murakami Fund, has acquired a total of 6.0 shares in Mitsui Matsushima Holdings (1518.T) New Tab, in open a new tab The A large holding report presented on the 13th revealed that the company owns 97% of the company. The […]
Strategies to Address Yen Depreciation: From Repatriation Tax Break to New Investment Quotas
[Tokyo, 10fed]- In view of a weak yen that has continued for more than two years, the number of inquiries asking if there are any countermeasures is constantly increasing. Putting aside discretionary macroeconomic policies such as foreign exchange intervention and interest rate increases, measures to prevent yen depreciation tend to attract attention to promoting inward […]
Record High Current Account Surplus Achieved in Fiscal 2023: Finance Ministry Report
According to the preliminary international balance of payments report released by the Ministry of Finance on May 10, the current account balance for fiscal 2023 was in surplus at 25.339 trillion yen. The photo shows a yen banknote. Photo taken in Tokyo in August 2011 (2024 Reuters/Yuriko Nakao) TOKYO (Reuters) – According to the preliminary […]
Nippon Steel Projects Decrease in Consolidated Business Profit for Fiscal Year 2025
On May 9, Nippon Steel announced that its consolidated business profit for the fiscal year ending March 2025 (IFRS) is expected to be 650 billion yen, down 25.3% from the previous year. The picture is the company logo. Photo taken in Tokyo in March 2019 (2024 Reuters/Yuka Obayashi) TOKYO (Reuters) – Nippon Steel ( 5401.T […]
Investigation Reveals Russian Launch of North Korean Missiles in Ukraine
Ukraine’s public prosecutor’s office announced on the 7th that it had investigated the remains of 21 of the approximately 50 North Korean ballistic missiles launched by Russia between the end of December last year and the end of February this year. Photo taken in January (2024 Reuters/Vyacheslav Madiyevskyy) KYIV (Reuters) – Ukrainian prosecutors on the […]
Finance Leaders of Japan, China, and South Korea Address Foreign Exchange Market Volatility and Regional Growth Prospects at Meeting in Georgia
[ソウル／東京 ３日 ロイター] – Finance ministers and central bank governors of Japan, China and South Korea held a meeting on the 3rd in Tbilisi, the capital of Georgia. He pointed to increased volatility in the foreign exchange market as one of the risk factors that could affect the region’s growth prospects in the short term. […]
Yen strengthens against dollar in early Asian trading
In early Asian trading on the 3rd, the yen rose against the dollar, at one point hitting 152.895 yen to the dollar. Photograph taken in June 2022 (2024 Reuters/Florence Lo) [シンガポール ３日 ロイター] – The yen rose against the dollar in early Asian trading on the 3rd, and at one point reached 152.895 yen to […]
Fujiko Hemming, Pianist Who Defied Hearing Loss to Gain Late-Life Popularity, Dies at 92
Fujiko Hemming (pictured), a pianist who continued to perform despite hearing loss and gained popularity in her late 60s, died on April 21st. He was 92 years old. The photo was taken at a concert held at the Japan Society in New York in March 2015 (Jiji Press, 2024) [２日 ロイター] – Fujiko Heming (real name: […]
OECD Revises Up World Economic Growth Forecast, Citing Strength of US Economy
On May 2nd, the Organization for Economic Co-operation and Development (OECD) released an economic forecast that revised up its forecast for the growth rate of the world economy, noting the strength of the US economy. The photo was taken last February in Miami, Florida, USA (2024 Reuters / Marco Bello) [パリ ２日 ロイター] – In […]
Nikkei Stock Average Rebounds Slightly on Tokyo Market – FOMC Passage and Stock Stability Drive Positive Movement
On the morning of May 2nd, the Nikkei Stock Average rebounded slightly on the Tokyo stock market, rising 25.66 yen from the previous business day to 38,299.71 yen. The photo was taken in August 2015 at the Tokyo Stock Exchange in Tokyo (2024 Reuters / Yuya Shino) [Tokyo 2il (Reuters)]- The Nikkei Stock Average rebounded […]
