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

Economic news(2023/08/10)


Kyoto   Hakone

United States July consumer price index rose 3.2% year-on-year

2023-08-10 21:43:00
The US consumer price index for July was released and rose 3.2% compared to the same month last year. The downward trend of the previous month turned upward. In the market, attention will be focused on whether expectations for additional interest rate hikes by the Federal Reserve Board, the central bank, will increase.

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Big motor "sales down more than 60% from the average year" Asking banks to continue trading

2023-08-10 20:48:00
Big Motor, a used car sales company that was exposed to fraudulent insurance claims, held discussions with several banks on the 10th and reported that the number of used cars sold from the second half of last month has decreased by more than 60% from the usual year. I see above that you requested to continue the transaction.

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Japan Post April-June earnings final profit and loss of 8.5 billion yen due to decline in Rakuten stock price

2023-08-10 20:33:00
Japan Post announced the financial results for the three months from April to June this year. became a deficit.

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Rakuten half-year financial results 139.9 billion yen deficit President Mikitani "absolute confidence in management"

2023-08-10 20:31:00
The Rakuten Group announced its financial results for the six months from January to June, and the final profit and loss was a deficit of about 130 billion yen. This was the fourth consecutive year in the red for this period, due to the fact that the mobile phone business continues to be in the red. Hiroshi Mikitani, president of Rakuten Group, explained his thoughts on the future management of the company at a financial results conference and said, "I have absolute confidence."

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New car sales in China in July -1.4% compared to the same month last year, down for the first time in half a year

2023-08-10 19:49:00
New car sales in China last month fell 1.4% compared to the same month last year, the first decline in half a year. Sluggish demand for automobiles has also been pointed out as a factor, due to uncertainty about the future of the economy.

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Yen market price drop Yen selling/Dollar buying movement intensifies

2023-08-10 18:39:00
In the Tokyo foreign exchange market on the 10th, the difference in monetary policy between Japan and the United States became conscious, and the movement to sell the yen and buy the dollar strengthened, and the yen exchange rate fell.

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Rakuten to reorganize group in core business Aim to strengthen finances

2023-08-10 18:01:00
Rakuten Group has officially announced that it will reorganize its core credit card business and smartphone payment business in an integrated manner. The company is considering listing the shares of its card subsidiary in the future, and it seems that the aim is to strengthen its finances as the mobile phone business puts pressure on management.

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Rakuten semi-annual financial results final deficit of 139.9 billion yen Continued deficit in mobile phone business

2023-08-10 17:27:00
The Rakuten Group announced its financial results for the six months from January to June, and the final profit and loss was a deficit of about 130 billion yen. This was the fourth consecutive year in the red for this period, due to the fact that the mobile phone business continues to be in the red.

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[Economic column from NY]

2023-08-10 17:01:00
"I'm worried about the rising trend of the thermometer value!" But it's not a thermometer that measures body heat, it's a government bond yield and long-term interest rate called the "economic thermometer." The long-term interest rate of US government bonds is also used as an index for various financial products around the world, and the yield temporarily rose to about 4.2%. The "heat" has spilled over to long-term interest rates in Japan. When I approached the "why?", I was reminded of how important the "thermometer" is. (Daisuke Ezaki, American General Bureau Reporter)

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Stock price temporarily rises by more than 300 yen with the lifting of the ban on Chinese group travel to Japan

2023-08-10 16:31:00
On the Tokyo stock market on the 10th, stock prices temporarily rose by more than 300 yen in anticipation of a recovery in inbound demand after the Chinese government lifted the ban on group trips to Japan by Chinese tourists.

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Amazon Japan "Prime" price increase 1000 yen for annual contract

2023-08-10 16:07:00
Amazon Japan has announced that it will raise the price of paid membership "Prime". In the case of an annual contract, the price will be raised by 1,000 yen, and the price in Japan, which was cheaper than overseas such as the United States, will be raised for the first time in four years.

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Rakuten final deficit of 139.9 billion yen Interim financial results until June

2023-08-10 15:19:00
The Rakuten Group announced its financial results for the six months from January to June, and the final profit and loss was a deficit of 139.9 billion yen. The main reason is that the mobile phone business continues to be in the red due to the burden of developing base stations, etc., and this is the fourth consecutive year of final deficit for the interim financial results for this period. Rakuten has been in the red for four years until last year, even in the full year financial results, and the issue is how to improve the performance of the mobile phone business.

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Rakuten to reorganize group in core business Aim to strengthen finances

2023-08-10 14:21:00
Rakuten Group has officially announced that it will reorganize its core credit card business and smartphone payment business in an integrated manner. The company is considering listing the shares of its card subsidiary in the future, and it seems that the aim is to strengthen its finances as the mobile phone business puts pressure on management.

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Rakuten to reorganize group in core business Is it an aim to strengthen finances?

2023-08-10 12:09:00
It has become clear that the Rakuten Group will reorganize the group in order to integrally operate its core credit card business and smartphone payment business. It seems that the company is considering listing the shares of its card subsidiary in the future, and is aiming to strengthen its finances as the mobile phone business puts pressure on management.

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Corporate Goods Price Index in July increased by 3.6% year-on-year, slowing down from the previous month

2023-08-10 09:12:00
Last month's corporate goods price index, which shows the price of goods traded between companies, rose 3.6% from the same month of the previous year to 119.3 with the 2020 average of 100. Although the index remains at a high level, the rate of increase has slowed compared to June due to the drop in city gas prices.

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Minister of Economy, Trade and Industry Nishimura Visits Angola Concludes Investment Agreement to Protect Corporate Activities

2023-08-10 05:38:00
Minister of Economy, Trade and Industry Nishimura visited Angola in southern Africa to attend the signing ceremony of an investment treaty to protect business activities in each other's countries. Through the conclusion of the agreement, we would like to support the expansion of investment by Japanese companies in Angola, which has close ties with China.

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Kyoto   Mt.Fuji


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