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Economic news(2021/11/15)


Kyoto   Hakone

Significant increase in defense equipment costs “Ministry of Defense considers countermeasures” Ministry of Finance Council

2021-11-15 20:46:00
A council of the Ministry of Finance was held to propose the state budget, and a person in charge of the Ministry of Finance said that there are cases where the cost of domestic aircraft introduced in the Self-Defense Forces has increased significantly due to the rise in parts prices. , Requested consideration of measures for parts procurement.

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Three major financial groups Interim results All final profits increased significantly

2021-11-15 20:16:00
The interim results of the three major financial groups all increased significantly, with the final profits of Mitsubishi UFJ Financial Group reaching record highs. This is because the number of corporate bankruptcies was less than expected, and the cost of preparing for a scorched loan was reduced.

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The former U.S. administration agrees to start talks to resolve additional tariffs

2021-11-15 18:25:00
Minister of Economy, Trade and Industry Hagita met with US Secretary of Commerce Lemond, who is visiting Japan, on the 15th. The former Trump administration in the United States has agreed to start discussions on a solution to additional tariffs on steel products and other products.

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Yen exchange rate rises slightly

2021-11-15 18:16:00
In the Tokyo foreign exchange market on the 15th of the week, the yen exchange rate rose slightly as the dollar was sold and the yen was bought against the backdrop of the decline in long-term interest rates in the United States.

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"Toward the revival of the semiconductor industry" Ministry of Economy, Trade and Industry announces execution plan

2021-11-15 18:12:00
The Ministry of Economy, Trade and Industry has announced an action plan to revive the semiconductor industry with the aim of strengthening economic security and international competitiveness. In addition to attracting cutting-edge semiconductor factories, it also includes financial support for the renovation of existing aging factories.

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The former U.S. administration agrees to start talks to resolve additional tariffs

2021-11-15 17:53:00
Minister of Economy, Trade and Industry Hagita met with US Secretary of Commerce Lemond, who is visiting Japan, on the 15th. The former Trump administration in the United States has agreed to start discussions on a solution to additional tariffs on steel products and other products.

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Bank of Japan Governor Rise in raw materials “Not very significant impact”

2021-11-15 17:29:00
At a press conference on the 15th, the Bank of Japan's governor Kuroda said about the rise in raw material prices such as crude oil, "The prices of gasoline and some foodstuffs are rising, but it has a huge impact on the economy. It is not, "he said, and expressed his intention to pay close attention to future economic and price trends.

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The former U.S. administration agrees to start talks to resolve additional tariffs

2021-11-15 17:11:00
Minister of Economy, Trade and Industry Hagita met with US Secretary of Commerce Lemond, who is visiting Japan, on the 15th. The former Trump administration in the United States has agreed to start discussions on a solution to additional tariffs on steel products and other products.

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Stock price rise Buy orders for semiconductor-related and automobile brands

2021-11-15 15:50:00
In the Tokyo stock market on the 15th of the week, stock prices rose as buy orders were placed for semiconductor-related and automobile-related stocks due to expectations for future business performance.

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China October Major Economic Statistics Industrial Production Growth Rate Slightly Expanded Electricity Improvement?

2021-11-15 15:17:00
China's major economic statistics were released last month, industrial production grew slightly higher than the previous month, and the Chinese government increased production of coal as fuel to respond to the domestic electricity shortage. It is said that the factor is that the supply has improved.

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To support financing of stock exchange start-up companies in Beijing, China

2021-11-15 13:53:00
The third stock exchange in mainland China was opened in Beijing, and trading began on the 15th. The aim is to support the financing of start-up companies that have just started.

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Consideration of strengthening tax support for companies aggressively raising wages Minister of Economy, Trade and Industry Hagiuda

2021-11-15 12:13:00
Minister of Economy, Trade and Industry Hagita met with Keidanren Chairman Tokura and asked the business community to play a leading role in raising wages. He expressed his desire to strengthen support such as raising tax deductions.

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Stock price rise

2021-11-15 12:12:00
The stock price of the Tokyo stock market on the 15th of the week is rising.

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July-September Real GDP Annual Rate-3.0% Negative for the first time in 2 quarters Personal consumption decline

2021-11-15 12:06:00
From July to September, GDP = gross domestic product was minus 3.0% in real terms compared to the previous three months, the first negative figure in two quarters. The main reason for this is that "personal consumption," which accounts for more than half of GDP, has fallen due to the impact of the state of emergency issued during this period.

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July-September Real GDP Annual Rate-3.0% Negative for the first time in 2 quarters Personal consumption decline

2021-11-15 11:00:00
From July to September, GDP = gross domestic product was minus 3.0% in real terms compared to the previous three months, the first negative figure in two quarters. The main reason for this is that "personal consumption," which accounts for more than half of GDP, has fallen due to the impact of the state of emergency issued during this period.

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July-September Real GDP Annual Rate-3.0% Negative for the first time in 2 quarters Personal consumption decline

2021-11-15 10:11:00
From July to September, GDP = gross domestic product was minus 3.0% in real terms compared to the previous three months, the first negative figure in two quarters. The main reason for this is that "personal consumption," which accounts for more than half of GDP, has fallen due to the impact of the state of emergency issued during this period.

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[Video commentary] July-September Real GDP minus for the first time in 2 terms For more information

2021-11-15 09:20:00
The Cabinet Office announced on the 15th that GDP = gross domestic product from July to September has a real growth rate of minus 3.0% compared to the previous three months, which is the first time in two quarters. It became a minus of. This is a commentary from the Hirotaka Nagano desk of the Ministry of Economic Affairs. (Video: 2 minutes 58 seconds, not available on data broadcasting)

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July-September Real GDP Annual Rate-3.0% Negative for the first time in 2 quarters Personal consumption decline

2021-11-15 09:09:00
From July to September, GDP = gross domestic product was minus 3.0% in real terms compared to the previous three months, the first negative figure in two quarters. The main reason for this is that "personal consumption," which accounts for more than half of GDP, has fallen due to the impact of the state of emergency issued during this period.

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Fire insurance 10-year contract abolition policy To renew up to every 5 years Major non-life insurance company

2021-11-15 05:23:00
Major non-life insurance companies have decided to abolish the 10-year contract from October next year and renew it up to every 5 years for fire insurance that covers the damage caused by fires and natural disasters. Amid a series of large-scale disasters and a rapid increase in insurance payments, the aim is to make it easier to raise insurance premiums by shortening the period until renewal, which is likely to increase the burden on households.

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July-September GDP Growth slows significantly in the US and China

2021-11-15 00:12:00
The United States and China, which have already announced GDP from July to September, have seen a significant slowdown in growth compared to the previous three months, resulting in supply chain = supply network disruption and rising prices. There are concerns about the economic slowdown caused by this.

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July-September GDP announced today Negative forecast for private sector due to declining personal consumption

2021-11-15 00:11:00
This year, GDP = gross domestic product from July to September will be announced on the 15th. As for the average of private sector forecasts, the real growth rate excluding price fluctuations is slightly negative, and the results are noteworthy.

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Kyoto   Mt.Fuji


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