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Japanese Prime Minister Sanae Takaichi: Plans to moderately control the issuance of Japanese government bonds.October 19th, Futures News: Crude oil prices fluctuated at high levels, refinery costs remained high, and fuel oil demand was still relatively strong. Refineries increased sales volume and were reluctant to sell at low prices, but downstream buyers were cautious about operating on high-priced resources due to their limited needs. Market buying activity was lukewarm, with upstream and downstream players locked in a battle of wills. It is expected that fuel oil negotiations will remain mostly stable today, with some products experiencing slight price fluctuations depending on their own sales status.Bank of Japan Governor Kazuo Ueda: If fiscal spending can successfully boost Japan’s supply capacity for goods, in the long run, this will in turn help to curb inflation.October 19th - From today (October 19th) to October 29th, the United States, Japan, and other countries will hold the so-called "Keen Sword" joint exercise, centered on Kyushu and the southwestern islands of Japan. This exercise will expand into new domains such as space, cyberspace, and electromagnetic waves, making it the largest in its history. As part of the so-called "exercise of the capability to attack enemy bases in the event of an emergency," the Type 25 surface-to-ship missile, a long-range standoff missile deployed by the Japanese Self-Defense Forces at the end of March, will be deployed for the first time outside its deployment location. It is reported that approximately 45,000 personnel from the Japanese Self-Defense Forces and 12,000 personnel from the US military will participate this year. In addition to Australia and Canada, which have participated in the exercise before, five countries participating for the first time, including France, Germany, and the Netherlands, will also participate in some exercise subjects. The US military will also deploy its latest surface-to-ship missile system, the Naval/Marine Corps Expeditionary Ship Interceptor System (NMESIS), and the integrated air defense system, the Marine Corps Integrated Air Defense System (MADIS), on Yonaguni Island for the first time. In addition to deploying NMESIS and MADIS, the U.S. military will also deploy the HIMARS multiple rocket launcher system on Ishigaki Island.Bank of Japan Governor Kazuo Ueda: The central bank will take into account market conditions, such as whether long-term interest rates are rising too fast or whether there are signs of market instability, in order to decide whether to intervene.

Instagram will restrict shopping possibilities as commerce declines

Skylar Williams

Sep 07, 2022 11:14

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The Information reported, citing an internal document, that Meta Platforms Inc's Instagram aims to drastically reduce its retail offerings as it shifts its e-commerce efforts to those that directly generate advertising.


According to a Tuesday report, Instagram's current retail page will be discontinued in the future.


"Tab Lite" will be a reduced and less personalized version of Instagram's purchase page, according to The Information.


According to the newspaper, the company will begin a public test of the enhancements to its app that will transfer users to the "Tab Lite" version of the shopping page on Wednesday.