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

Economic news(2023/08/25)


Kyoto   Hakone

Sogo/Seibu sellover Labor union decides to go on strike after discussing with management

2023-08-25 21:40:00
The labor union, which is opposed to the sale of major department stores Sogo and Seibu due to concerns about employment, plans to hold discussions with management again on August 28 and decide to notify the implementation of the strike, which is unusual. The final phase will be reached whether the strike will be carried out.

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Sogo & Seibu Appoints Three New Directors from Parent Company Seven & i

2023-08-25 19:13:00
Major department stores Sogo and Seibu have announced the appointment of three new directors from their parent company, Seven & i Holdings. Amid difficulties in adjusting for the sale to an investment fund in the United States, the president was just replaced this month, making it an unusual situation for the parent company to change the composition of the board of directors significantly.

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Yen exchange rate drop Wary of prolonged US financial tightening

2023-08-25 18:20:00
In the Tokyo foreign exchange market on the 25th, there was a sense of caution that monetary tightening might be prolonged in the United States, and the yen exchange rate fell against the dollar.

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[Economic column]

2023-08-25 17:57:00
It has been about a month since the Bank of Japan decided to allow long-term interest rates to exceed 0.5% by making YCC (yield curve control) more flexible. During this period, long-term interest rates continued to rise steadily, hitting 0.675% on August 23 for the first time in nine years and seven months. Long-term interest rates that also affect mortgage rates and corporate loan rates. How high will it rise? (Economics Department reporter Kentaro Makata)

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Stock price temporarily drops by more than 700 yen Wary of prolonged US financial tightening

2023-08-25 15:58:00
On the Tokyo stock market on the 25th, the Nikkei Stock Average fell by more than 700 yen at one point due to a sense of caution that the monetary tightening might be prolonged in the United States.

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Central Bank Executives and Businessmen of Major Countries Interested in Shimpo Fed Chair's Lecture

2023-08-25 15:23:00
A symposium has begun in Jackson Hole, a highland resort in the west of the United States, where central bank executives from major countries gather together. Attention is focused on the content of the speech by Chairman Powell of the Federal Reserve Board, which greatly affects stock prices and exchange rate trends, and the direction of monetary policy, such as additional interest rate hikes within the year, is a major focus.

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Stock price temporarily drops by more than 600 yen, wary of prolonged US financial tightening

2023-08-25 12:20:00
On the Tokyo stock market on the 25th, the Nikkei average stock price temporarily fell by more than 600 yen due to the view that monetary tightening may be prolonged in the United States.

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Stock price temporarily drops by more than 600 yen, wary of prolonged financial tightening in NY market

2023-08-25 11:24:00
On the 25th, the Tokyo stock market Nikkei average stock price temporarily fell by more than 600 yen. In the New York market on the 24th, there was a sense of caution that the monetary tightening might be prolonged, and in response to selling orders for high-tech related stocks, the Tokyo market also saw semiconductor and IT-related markets immediately after the start of trading. There are sell orders for stocks.

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Tokyo 23 wards August consumer price index increased by 2.8% compared to the same month last year

2023-08-25 10:34:00
This month's consumer price index in Tokyo's 23 wards is a preliminary figure, and the index excluding fresh food, which fluctuates greatly depending on the weather, rose 2.8% from the same month last year. However, the rate of increase shrank by 0.2 percentage points from the previous month due to the decline in electricity and city gas prices.

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Stock price temporarily drops by more than 500 yen, caution against prolonged financial tightening in NY market

2023-08-25 09:17:00
On the 25th, the Tokyo stock market Nikkei average stock price temporarily fell by more than 500 yen. In the New York market on the 24th, there was a sense of caution that the monetary tightening might be prolonged, and in response to selling orders for high-tech related stocks, the Tokyo market also saw semiconductor and IT-related markets immediately after the start of trading. There are sell orders for stocks.

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Tokyo 23 wards August consumer price index increased by 2.8% compared to the same month last year

2023-08-25 08:55:00
This month's consumer price index in Tokyo's 23 wards is a preliminary figure, and the index excluding fresh food, which fluctuates greatly depending on the weather, rose 2.8% from the same month last year. The rate of increase shrank by 0.2 points from last month's 3.0%. Of these, "food excluding fresh food" increased by 8.9% from the same month last year, continuing to be at a high level.

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Economic symposium held from the 24th at a highland resort in the western United States

2023-08-25 07:01:00
A symposium will begin on the 24th at a highland resort in the western United States, where central bank executives and economists from major countries will gather together. FRB = Federal Reserve Board Chairman Powell's speech is raising interest in how he will refer to the direction of additional interest rate hikes within the year and the outlook for inflation.

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Approval rate for appointment of female director to top management higher than last year

2023-08-25 07:01:00
At the general shareholders' meeting of listed companies held in June this year, there was a growing movement to appoint female directors, but among the companies that appointed female directors for the first time, the approval rate for the appointment of top management was higher than the previous year. While many cases were higher, we found that companies without female directors tended to have lower approval rates.

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Kyoto   Mt.Fuji


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