Economic news(2023/11/17)
Will personal financial assets of 2,100 trillion yen move? [Economic column]
2023-11-17 19:50:00
Will the mountains finally move? The fate of Japan's over 2,100 trillion yen worth of personal financial assets is attracting attention. Cash and deposits account for half of personal financial assets, and even among developed countries, Japan is said to have the strongest tendency to emphasize cash and deposits. However, in anticipation of a shift from savings to investment in Japan, overseas asset management companies are starting to move one after another. We interviewed overseas companies to find out what their goals are, how domestic asset management companies are responding to this situation, and how they are responding to changes in the environment. (Economy Department reporter Hiroaki Tsuboi)
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NTT and three major telecommunications companies respond by posting claims on SNS over the abolition of the NTT Act
2023-11-17 19:23:00
Regarding the abolition of the NTT Act, NTT and three other major telecommunications companies posted their respective claims on the SNS X, and while discussions were progressing in councils of the Liberal Democratic Party and the Ministry of Internal Affairs and Communications, a back-and-forth exchange occurred on SNS as well. I am.
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Stock prices rose slightly; buying orders for transportation-related items due to falling crude oil prices
2023-11-17 18:50:00
Stock prices rose slightly on the Tokyo stock market on the 17th.
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Panasonic HD to sell more than half of its subsidiary's shares to a US investment fund
2023-11-17 18:24:00
Panasonic Holdings announced that it has reached a basic agreement to sell more than half of the shares in its subsidiary that handles the automotive parts business to an American investment fund group. While Panasonic Holdings has positioned the battery business for EVs as a priority field, it has also set a policy of proceeding with business restructuring.
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China Guangzhou Motor Show Exhibits record number of EVs and other new energy vehicles
2023-11-17 18:00:00
A large-scale motor show has begun in Guangdong Province in southern China, where many Japanese automakers have expanded their operations, and the number of new energy vehicles such as EVs, which are rapidly becoming popular in China, was on display at a record high.
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Big Motor's management restructuring: Itochu and other companies announced that they will start concrete discussions
2023-11-17 17:09:00
Big Motor is under pressure to rebuild its management due to problems with fraudulent insurance claims, and three companies, including major trading company Itochu Corporation and an investment fund, will jointly begin concrete discussions, including an assessment of the company's assets, with a view to rebuilding the company. announced. The plan is to reach a final conclusion by spring 2024.
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Related ministries and agencies hold first meeting to commercialize unmanned autonomous driving "Level 4" service
2023-11-17 16:36:00
The first meeting was held of a meeting of related ministries and agencies aimed at commercializing "Level 4" mobility services that perform unmanned autonomous driving under specific conditions. An executive from Honda, which is planning a self-driving taxi, attended the meeting and requested cooperation, citing the need for multiple permits and approvals.
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Stock prices rise slightly; buying orders spread to transportation-related stocks
2023-11-17 16:16:00
Stock prices rose slightly on the Tokyo stock market on the 17th.
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NTT and three major telecommunications companies respond by posting claims on SNS over the abolition of the NTT Act
2023-11-17 16:00:00
Regarding the abolition of the NTT Act, NTT and three other major telecommunications companies posted their respective claims on the SNS X, and while discussions were progressing in councils of the Liberal Democratic Party and the Ministry of Internal Affairs and Communications, a situation was also unfolding on SNS. Masu.
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Support for Big Motor: Itochu, investment funds, etc. to consider
2023-11-17 15:23:00
Big Motor is under pressure to rebuild its management due to problems with fraudulent insurance claims, and three companies, including major trading company ITOCHU Corporation and an investment fund, are jointly working to begin concrete discussions, including an assessment of the company's assets, in preparation for its restructuring. I understand that. The plan is to reach a final conclusion by next spring.
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Support for Big Motor: Itochu, investment funds, etc. to consider
2023-11-17 14:20:00
Three companies, including major trading company Itochu Corporation and investment fund J-Will Partners, are offering support to Big Motor, which is under pressure to rebuild its management due to problems with fraudulent insurance claims. I understand that this will be considered. The plan is to decide whether to provide support by next spring. Big Motor is facing a significant drop in used car sales due to a series of problems including fraudulent insurance claims, and is being forced to seek outside support to rebuild its management.
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NY crude oil futures prices temporarily fell to the $72 level for the first time in about 4 months
2023-11-17 07:53:00
On the 16th, in the New York crude oil market, international crude oil futures prices fell sharply due to expectations that the world economy would slow down and demand for crude oil would fall, and at one point it hit $72 per barrel for the first time in about four months. I installed a stand.
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