This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2023/03/11)


Kyoto   Hakone

Silicon Valley Bank goes bankrupt Second largest US bank failure

2023-03-11 23:25:00
US financial regulators have announced that a California-based bank known for lending to startups has filed for bankruptcy. The total assets of this bank are over 200 billion dollars, or about 28 trillion yen in Japanese yen, making it the second largest bank failure in the United States after the failure of a savings bank in 2008.

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Shunto electronics manufacturer Negotiations for labor and management ahead of the intensive answer date next week

2023-03-11 17:17:00
With the intensive response day next week, this year's spring labor negotiations were held on the 11th by representatives of labor and management of electronics manufacturers.

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U.S. IT giant Meta promotes development of SNS similar to Twitter

2023-03-11 12:57:00
It has become clear that Meta, the former Facebook, a major American IT company, is developing a new SNS that is very similar to Twitter, where you can post and share sentences. Twitter has been in turmoil since its acquisition by entrepreneur Elon Musk, and the movement to create an alternative SNS is accelerating.

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Silicon Valley Bank goes bankrupt Second largest US bank failure

2023-03-11 12:31:00
US financial regulators have announced that a California-based bank known for lending to startups has filed for bankruptcy. The total assets of this bank are over 200 billion dollars, or about 28 trillion yen in Japanese yen, making it the second largest bank failure in the United States after the failure of a savings bank in 2008.

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State-of-the-art technology festival Respond with sentences imitating the writer's style Attention to interactive AI

2023-03-11 10:15:00
A festival of cutting-edge technology and art has opened in the United States, and this year, attention is focused on interactive AI (artificial intelligence) that responds with sentences that mimic the style of a specific artist when asked a question.

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Silicon Valley Bank goes bankrupt Second largest US bank failure

2023-03-11 08:06:00
US financial regulators have announced that a California-based bank known for lending to startups has filed for bankruptcy. The total assets of this bank are over 200 billion dollars, or about 28 trillion yen in Japanese yen, making it the second largest bank failure in the United States after the failure of a savings bank in 2008.

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Bank of Japan New System Continues Large-Scale Monetary Easing, but Seeks “Exit”

2023-03-11 07:39:00
At its final monetary policy meeting under Governor Kuroda, the Bank of Japan decided to maintain its current large-scale monetary easing measures. A decade of monetary easing will be succeeded in April by a new regime led by economist Governor Ueda, which will aim to achieve the 2% price stability target accompanied by wage increases.

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NY Dow Jones Industrial Average falls for 4 days in a row Beware of the impact of US bank failure

2023-03-11 07:03:00
In the New York stock market on the 10th, sell orders swelled due to concerns about the impact on the financial industry following the bankruptcy of an American bank, and the Dow Jones Industrial Average fell for four consecutive days.

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Employment statistics for February in the United States, more than 310,000 people were employed from the previous month, exceeding market expectations

2023-03-11 00:53:00
US employment statistics for February were released, and the number of non-agricultural workers increased by more than 310,000 from the previous month, exceeding market expectations. Although the unemployment rate has risen, it remains at a low level, and attention will be paid to the impact on future policy decisions of the FRB = Federal Reserve Board, which is the central bank of the United States.

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Kyoto   Mt.Fuji


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