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Japan rolls out new banknotes for the first time since 2004, but only 30% of the country’s many vending machines can accept them

Fortune LogoFortune2d ago

Japan rolls out new banknotes for the first time since 2004, but only 30% of the country’s many vending machines can accept them - Fortune

Quick Summary:

Prime Minister Fumio Kishida said the new notes could be a "spark" for the economy, as analysts suggest they might stop people keeping savings as cash.


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Japan rolls out new banknotes for the first time since 2004, but only 30% of the country’s many vending machines can accept them - Fortune (Picture 1)

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Article Details

Author / Journalist: Erica Yokoyama, Bloomberg

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 04:25:44 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 26 words

Reading Time: 1 minutes read

Sentences: 21 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21467951

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 22 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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