Economic news(2023/09/14)
Memorandum of Understanding with Canada, rich in minerals, for stable supply of EV batteries
2023-09-14 23:12:00
As EVs (electric vehicles) are expected to spread worldwide, Japan has signed a new memorandum of understanding with Canada, which has abundant reserves of important minerals that are essential as battery materials, to ensure a stable supply of batteries. We decided to cooperate.
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China's central bank announces additional monetary easing to support corporate financing
2023-09-14 22:40:00
China's central bank has announced that it will implement additional monetary easing by lowering the reserve ratio, the ratio of funds that are compulsorily deposited with financial institutions. The idea is to support companies' cash flow as the economic recovery slows due to the slump in the real estate market.
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NY crude oil futures prices temporarily rose to $90 per barrel for the first time in about 10 months
2023-09-14 22:37:00
In the New York crude oil market, international crude oil futures prices briefly rose to the $90-per-barrel range for the first time in about 10 months, against a backdrop of widespread expectations that the supply-demand balance will tighten in the future.
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European Central Bank decides to raise interest rate by 0.25%, 10th consecutive rate hike
2023-09-14 22:09:00
The European Central Bank held a monetary policy meeting on the 14th and decided to raise interest rates by 0.25%. This is the 10th consecutive interest rate hike, with an emphasis on containing persistently high inflation.
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Auto show in Detroit, USA opens
2023-09-14 18:29:00
The traditional motor show has opened in Detroit, USA, and as the government supports the purchase of EVs (EVs) with tax incentives, each company is focusing on displaying EVs that are selling well.
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Yen market: Small price movements
2023-09-14 18:26:00
In the Tokyo foreign exchange market on the 14th, the yen exchange rate showed slight price movements.
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Nippon Steel shuts down all equipment at Kure steelworks in Hiroshima, ending 72 years of history
2023-09-14 18:22:00
On the 14th, Nippon Steel shut down all equipment at its steelworks in Kure City, Hiroshima Prefecture, bringing an end to its 72-year history of steel manufacturing.
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Nippon Steel shuts down all equipment at Kure steelworks in Hiroshima, ending 72 years of history
2023-09-14 18:05:00
On the 14th, Nippon Steel shut down all equipment at its steelworks in Kure City, Hiroshima Prefecture, bringing an end to its 72-year history of steel manufacturing.
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Overseas investors sell Japanese stocks for the first time in two weeks, due to concerns about the future of the Chinese economy
2023-09-14 17:41:00
Last week, the amount foreign investors bought of Japanese stocks was less than the amount they sold, marking the first time in two weeks that they were net sellers. This appears to be due to concerns about the future of the Chinese economy.
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Stock price rose more than 500 yen at one point, then recovered to the 33,000 yen level
2023-09-14 15:53:00
On the Tokyo stock market on the 14th, stock prices rose by more than 500 yen at one point and recovered to the 33,000 yen level.
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“Incentives” for male employees to take childcare leave to boost take-up rate
2023-09-14 15:31:00
As increasing the rate of childcare leave taken by men has become an issue, companies are starting to encourage their employees to take childcare leave, such as by providing unique incentives to employees who take childcare leave.
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Auto show in Detroit, USA opens
2023-09-14 15:10:00
The traditional motor show has opened in Detroit, USA, and as the government supports the purchase of EVs (EVs) with tax incentives, each company is focusing on displaying EVs that are selling well.
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Japan Airlines to operate using next-generation aviation fuel "SAF" for one week on regular NY flights
2023-09-14 13:16:00
As decarbonization has become an issue in the airline industry, Japan Airlines will use SAF, a next-generation aviation fuel made from plants, for a week starting from the 14th on regular flights from Haneda Airport to New York. We have decided to operate the ship.
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Mazda's rotary engine returns for the first time in 11 years and goes on sale in Japan
2023-09-14 11:04:00
The rotary engine of the automobile manufacturer Mazda will be revived for the first time in 11 years. It will be installed in plug-in hybrid vehicles to generate electricity to power the motor, and sales will begin in Japan.
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U.S. Congress Holds first talks with top IT majors regarding legislation to regulate AI
2023-09-14 08:59:00
As the race to develop generative AI accelerates, the U.S. Congress convened the top executives of major IT companies and held their first discussions on creating legislation to regulate AI (artificial intelligence). American media reports that the drafting of a regulatory bill will take place over the next few months.
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Auto show in Detroit, USA opens
2023-09-14 05:31:00
The traditional motor show has opened in Detroit, USA, and as the government supports the purchase of EVs (EVs) with tax incentives, each company is focusing on displaying EVs that are selling well.
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Mos Burger inappropriately manipulates poster featuring Johnny's talent
2023-09-14 01:03:00
Mos Food Service, which operates Mos Burger, has apologized to those involved, saying that some of its stores displayed inappropriately altered product advertising posters featuring talent from Johnny's Entertainment.
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