ILEA000024648: Timothy Collins

JAL under cyberattack

TOKYO, Japan, Dec. 26 Kyodo - A member of Japan Airlines' ground staff responds to passengers at Tokyo's Haneda airport on Dec. 26, 2024, after a cyberattack disrupted the company's systems. The attack began around 7:25 a.m. the same day, delaying at least 14 domestic flights and affecting some international flights. (Kyodo)

ANA plane to promote 2025 World Expo

TOKYO, Japan, Dec. 12 Kyodo - All Nippon Airways Co. unveils a special Boeing 737-800 jetliner to the media at Haneda airport in Tokyo on Dec. 12, 2024, to promote the 2025 World Expo in Osaka. ANA plans to hold demonstration flights of its flying car near the venue of the Expo, which opens in April. (Kyodo)

Japan to respond appropriately, any time to excessive yen moves: currency official

STORY: Japan to respond appropriately, any time to excessive yen moves: currency official SHOOTING TIME: June 20, 2024/Earlier footage DATELINE: June 25, 2024 LENGTH: 00:02:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of banks in Japan 3. various of Tokyo Stock Exchange 4. various of Nikkei stock index STORYLINE: Japan stands ready to take appropriate steps against volatile currency moves at "any time," the country's top currency diplomat said Monday, as the yen neared the 160 line against the U.S. dollar, a level that previously prompted authorities to intervene in the market. Masato Kanda, vice finance minister for international affairs, warned that excessive yen fluctuations negatively affect the economy. "We are ready to take appropriate action at any time," he told reporters. The yen's weakness persists after the Bank of Japan's decision this month to hold off reducing bond-buying stimulus until its July meeting. The yen weakened to 159.94 per U.S. doll

JAL CEO Tottori

Japan Airlines Co. CEO Mitsuko Tottori meets the press after submitting a set of recurrence prevention measures to the transport ministry in Tokyo on June 11, 2024, following a series of safety incidents involving the company's aircraft.(Kyodo)

Tokyo consumer inflation accelerates in May

STORY: Tokyo consumer inflation accelerates in May SHOOTING TIME: recent footage DATELINE: June 3, 2024 LENGTH: 00:00:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Core inflation in Tokyo continued to rise in May as utility costs expanded, government data showed. The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 1.9 percent in May from a year earlier, accelerating from a 1.6 percent rise in April, according to the internal affairs ministry. Seen as a leading indicator of nationwide trends in Japan, the Tokyo data released on Friday stood below the Bank of Japan's 2-percent target. The acceleration was largely pushed up by utility costs related to renewable energy promotion, as electricity bills increased for the first time in 16 months by rising 13.1 percent year on year. Meanwhile, prices of food excluding fresh items rose 3.2 percent, unchanged from the previous month. Xinhua News Agency correspondent

Tokyo stocks close mixed on rising interest rates, positive U.S. futures

STORY: Tokyo stocks close mixed on rising interest rates, positive U.S. futures SHOOTING TIME: May 28, 2024 DATELINE: May 29, 2024 LENGTH: 00:01:51 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo 2. various of Tokyo Stock Exchange 3. various of securities company STORYLINE: Tokyo stocks closed mixed on Tuesday amid concerns over rising long-term interest rates in Japan, while the market's downside was buoyed by positive U.S. stock futures. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 44.65 points, or 0.11 percent, from Monday at 38,855.37. The broader Topix index, meanwhile, finished 2.14 points, or 0.08 percent, higher at 2,768.50. Market watchers here noted the yield on the benchmark 10-year Japanese government bond briefly rose 0.015 percentage point from Monday's close to 1.035 percent, its highest level since April 2012, amid speculation that the Bank of Japan is shifting away from monetary easing measures. The Nikk

Tokyo stocks end lower over higher Japanese interest rates

STORY: Tokyo stocks end lower over higher Japanese interest rates SHOOTING TIME: recent footage DATELINE: May 23, 2024 LENGTH: 00:01:13 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo 2. various of Tokyo Stock Exchange STORYLINE: Tokyo stocks closed lower on Wednesday, weighed down by concern over higher borrowing costs after Japan's benchmark bond yield touched the 1 percent threshold for the first time in around 11 years. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 329.83 points, or 0.85 percent, from Tuesday at 38,617.10. The broader Topix index, meanwhile, finished 22.36 points, or 0.81 percent, lower at 2,737.36. The yield on Japan's benchmark 10-year government bond hit 1 percent on Wednesday for the first time since May 2013 amid speculation that the Bank of Japan is moving to normalize its monetary policy, sending stocks lower by fueling concern over higher borrowing costs, analysts said. Market watchers here noted stocks

Bank of Japan cuts purchases of Japanese government bonds

STORY: Bank of Japan cuts purchases of Japanese government bonds SHOOTING TIME: April 30, 2024 DATELINE: May 14, 2024 LENGTH: 00:01:44 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of banks in Tokyo STORYLINE: The Bank of Japan (BOJ) on Monday announced a reduction of the amount of Japanese government bonds it offered to buy in a regular purchase operation. The central bank offered to buy 425 billion yen (about 2.73 billion U.S. dollars) in Japanese government bonds with five to 10 years left to maturity, down 50 billion yen from the previous such operation. The benchmark yield on the 10-year Japanese government bond subsequently climbed to a six-month high of 0.935 percent at one point. The reduction was the first since the BOJ in March adjusted its massive monetary easing, including ending its negative interest rate policy. Some market participants saw the move as the BOJ's latest effort to counter the weakening yen. BOJ Governor Kazuo Ueda has said r

Yen briefly drops past 160 level vs USD in volatile trading

STORY: Yen briefly drops past 160 level vs USD in volatile trading SHOOTING TIME: Archives DATELINE: April 30, 2024 LENGTH: 00:01:30 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: The Japanese yen briefly dropped to a new 34-year low in the 160 level against the U.S. dollar on foreign exchange markets on Monday morning. It marked the first time since April 1990 that the U.S. dollar has topped the 160 yen line. Monday is a national holiday in Japan, but trading remained very volatile as the Japanese currency began reversing its trajectory in the afternoon, strengthening to the 155 level. Some market participants suspected that Japanese authorities may have stepped into the currency market to stem the yen's dive. A senior Finance Ministry official declined to comment on the yen's sharp rise, Kyodo News reported on Monday. The Japanese currency also fell to around 171 against the euro at one stage, its lowest level since euro was introduced in 1999. Xinhua News

China's EV industry has strong competitiveness: researcher

STORY: China's EV industry has strong competitiveness: researcher SHOOTING TIME: April 11, 2024 DATELINE: April 29, 2024 LENGTH: 00:00:51 LOCATION: Tokyo CATEGORY: Economy SHOTLIST: 1. various of EV industry of China 2. SOUNDBITE (Chinese): TANG JIN, Senior research officer, Mizuho Bank STORYLINE: During a recent interview with Xinhua, a senior research officer at Japan's Mizuho Bank spoke highly of China's EV and battery industry. SOUNDBITE (Chinese): TANG JIN, Senior research officer, Mizuho Bank "China's electric vehicle industry and China's battery industry have quite strong competitiveness in the world. One is the industrial chain advantage, as China can produce relatively inexpensive and good-performance cars. The second is that China's battery technology is also advancing by leaps and bounds, and there's also been advancement in the battery research and development technology, the growth of battery companies, battery range, battery safety, and battery performance. China's electric vehicles have adv

Timothy Collins

TOKYO, Japan - Timothy Collins, chief executive officer of Ripplewood Holdings LLC, says the company is not planning to repurchase the stock of Shinsei Bank in an interview with Kyodo News on April 29. (Kyodo)

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