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Planned Merger Will Lead to Domination of 3 Mega Insurers; Sector’s Quarter-Century-Long Reorganization Reaching Conclusion
- Category:Other
JAPAN NEWS
Mitsui Sumitomo Insurance Co. and Aioi Nissay Dowa Insurance Co. have entered into merger discussions, with the target date for the merger set for April 2027.
If the merger is realized, the domestic non-life insurance sector will be dominated by three mega-companies, representing a s...
Mitsui Sumitomo Insurance Co. and Aioi Nissay Dowa Insurance Co. have entered into merger discussions, with the target date for the merger set for April 2027.
If the merger is realized, the domestic non-life insurance sector will be dominated by three mega-companies, representing a s...
- 29/3 20:54
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Core Inflation in Japan’s Capital Hits 2.4％, Stays above BOJ’s Target
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JAPAN NEWS
Core consumer inflation in Japan’s capital stayed above the central bank’s target and accelerated in March on steady gains in food costs, data showed on Friday, keeping alive market expectations of a near-term interest rate hike.
The data, which is closely watched by policymakers as ...
Core consumer inflation in Japan’s capital stayed above the central bank’s target and accelerated in March on steady gains in food costs, data showed on Friday, keeping alive market expectations of a near-term interest rate hike.
The data, which is closely watched by policymakers as ...
- 28/3 20:25
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Japan to End Promissory Note Exchanges at Electronic System
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NIPPON
The Japanese Bankers Association, or Zenginkyo, plans to terminate the exchanges of promissory notes and checks at its national electronic clearing system in April 2027.
Companies and financial institutions will still remain able to exchange such financial instruments among them includin...
The Japanese Bankers Association, or Zenginkyo, plans to terminate the exchanges of promissory notes and checks at its national electronic clearing system in April 2027.
Companies and financial institutions will still remain able to exchange such financial instruments among them includin...
- 24/3 21:39
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Yomiuri 333 Stock Index Launched, Closes at 35,507.74
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JAPAN NEWS
The Yomiuri Shimbun began publishing the Yomiuri Stock Index (Yomiuri 333) on Monday. The closing price on the first day was 35,507.74, a fall of 155.90 points from Friday.
The proportion of stocks that fell in price on the Tokyo Stock Exchange’s Prime Market, where the majority of t...
The Yomiuri Shimbun began publishing the Yomiuri Stock Index (Yomiuri 333) on Monday. The closing price on the first day was 35,507.74, a fall of 155.90 points from Friday.
The proportion of stocks that fell in price on the Tokyo Stock Exchange’s Prime Market, where the majority of t...
- 24/3 21:00
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Japan Household Assets Total ¥2,230 Trillion At End Of December On Rising Stocks
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JAPAN TODAY
Household assets in Japan totaled 2,230 trillion yen ($15 trillion) at the end of December, growing 4.0 percent from a year earlier to a new record on rising stock prices, Bank of Japan data showed Friday.
Assets were boosted by investment trusts that jumped 27.4 percent to 136 tril...
Household assets in Japan totaled 2,230 trillion yen ($15 trillion) at the end of December, growing 4.0 percent from a year earlier to a new record on rising stock prices, Bank of Japan data showed Friday.
Assets were boosted by investment trusts that jumped 27.4 percent to 136 tril...
- 22/3 19:01
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Trump Tariffs To Hit Japan's Domestic Auto Output: Industry Head
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JAPAN TODAY
U.S. President Donald Trump's proposed tariff hike on vehicle imports from April will likely lead to fewer Japanese exports and reduced domestic production, the head of the country's auto industry body said Wednesday.
If the planned tariffs are imposed, "significant domestic product...
U.S. President Donald Trump's proposed tariff hike on vehicle imports from April will likely lead to fewer Japanese exports and reduced domestic production, the head of the country's auto industry body said Wednesday.
If the planned tariffs are imposed, "significant domestic product...
- 20/3 21:57
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Japan Consortium Sets Targets for Use of Recycled Plastic in New Cars; Aims for Compliance with Draft EU Regulation
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JAPAN NEWS
A consortium formed by representatives of industry, government and academia has set a target of using over 15% recycled plastic in the production of cars in Japan in 2031, and over 20% from 2036, it has been learned.
The goal is to encourage the domestic recycling of plastics from th...
A consortium formed by representatives of industry, government and academia has set a target of using over 15% recycled plastic in the production of cars in Japan in 2031, and over 20% from 2036, it has been learned.
The goal is to encourage the domestic recycling of plastics from th...
- 19/3 21:20
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Japan Rice Price to Wholesalers Hits Another High in Feb.
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NIPPON
The average sales price of Japan's 2024 rice crop to wholesalers hit a record high for the sixth straight month in February, the agriculture ministry said Wednesday.
The average price stood at 26,485 yen per 60 kilograms, up 73 pct from a year before and 2 pct from a month before. It is ...
The average sales price of Japan's 2024 rice crop to wholesalers hit a record high for the sixth straight month in February, the agriculture ministry said Wednesday.
The average price stood at 26,485 yen per 60 kilograms, up 73 pct from a year before and 2 pct from a month before. It is ...
- 19/3 20:55
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Bank Of Japan Keeps Rates Steady As Trump Tariffs Cast A Shadow Over Economic Outlook
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CNBC
Key PointsJapan’s central bank kept its key policy rate steady at 0.5% at Wednesday’s conclusion of a two-day meeting.The move, which was in line with market expectations, comes ahead of the U.S. Federal Reserve’s policy meeting, where the central bank is expected to keep its benchmark int...
Key PointsJapan’s central bank kept its key policy rate steady at 0.5% at Wednesday’s conclusion of a two-day meeting.The move, which was in line with market expectations, comes ahead of the U.S. Federal Reserve’s policy meeting, where the central bank is expected to keep its benchmark int...
- 19/3 20:15
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Nikkei Average Briefly Retakes 38,000 in Morning Trade
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JAPAN NEWS
The Nikkei 225 stock average retook 38,000 at one point in Tokyo trading on Tuesday morning, helped by overnight gains in U.S. stocks.
The key Japanese index finished the morning session at 37,943.23, up 546.71 points, or 1.46 pct, from Monday, after crossing the 38,000 threshold for...
The Nikkei 225 stock average retook 38,000 at one point in Tokyo trading on Tuesday morning, helped by overnight gains in U.S. stocks.
The key Japanese index finished the morning session at 37,943.23, up 546.71 points, or 1.46 pct, from Monday, after crossing the 38,000 threshold for...
- 18/3 22:54
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