Economic news(2024/01/22)
Daihatsu considers restarting production of two models confirmed to comply with standards in the middle of next month
2024-01-22 23:26:00
Due to the issue of fraudulent acquisition of national certification, Daihatsu Motor Co., Ltd. is currently considering concrete measures with the aim of resuming vehicle production in the middle of next month for two commercial vehicle models whose compliance with standards was confirmed by the Ministry of Land, Infrastructure, Transport and Tourism last week. I realized that I had entered. Our policy is to make a final decision after investigating the status of supply preparations among parts manufacturers that we do business with directly.
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Attractive walkie-talkie companies are strengthening their businesses, functions can be reproduced on smartphones
2024-01-22 22:06:00
The appeal of transceivers, which can communicate with multiple people at the same time, is being reconsidered. New services that reproduce these functions on smartphones have also appeared, and companies are strengthening their businesses.
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President of Advanced Semiconductor Rapidus “Factory construction is going well and operations will start next year as planned”
2024-01-22 21:59:00
Atsuyoshi Koike, president of Rapidus, which aims to domestically produce cutting-edge semiconductors, held a press conference in Chitose, Hokkaido, where construction of a factory is proceeding, and reiterated that construction is going well and that the company plans to start operating the prototype line from April 2025 as planned. Ta.
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Government-Labor-Management Conference Prime Minister Kishida requests cooperation to achieve wage increases exceeding last year's level
2024-01-22 19:29:00
A ``Government-Labor-Management Conference'' was held between the government, the business community, and the labor community, and Prime Minister Kishida requested cooperation in achieving a wage increase that exceeds last year's level. He also emphasized that raising wages for small and medium-sized enterprises is essential, and that the government will do everything in its power to pass on labor costs to prices.
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Bank of Japan monetary policy meeting “discussion on prices and wages” focuses on policy direction
2024-01-22 19:09:00
The Bank of Japan is holding a monetary policy meeting for two days starting from the 22nd. The Bank of Japan is willing to change its policy if it can foresee the achievement of the 2% price stability target in conjunction with wage increases, but it has said that uncertainties remain, such as movements in wage increases at small and medium-sized enterprises, and trends in prices and wages. The focus will be on how to indicate the direction of policy through discussions.
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Yen market: Small price movements
2024-01-22 18:24:00
At the beginning of the week, on the 22nd, the Tokyo foreign exchange market saw small movements in the yen exchange rate.
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Broccoli to be added to the list of "designated vegetables" important to people's lives
2024-01-22 17:47:00
The Ministry of Agriculture, Forestry and Fisheries has decided to add broccoli as one of the ``designated vegetables'' that are important to people's lives because of the increasing consumption of broccoli. The addition of ``designated vegetables'' for the first time in about half a century is expected to provide more generous subsidies to large-scale producers when prices fall, leading to a stable supply.
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Prime Minister orders procurement of materials for Expo “planned so as not to hinder reconstruction”
2024-01-22 15:48:00
Regarding the Osaka/Kansai Expo to be held next year, Minister of Economy, Trade and Industry Saito received instructions from Prime Minister Kishida to proceed with the procurement of Expo-related materials in a planned manner so as not to disrupt the reconstruction of the areas affected by the Noto Peninsula Earthquake. revealed that he had received it.
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Stock price rise Closing price reached the 36,000 yen level for the first time in 33 years and 11 months since the bubble period
2024-01-22 15:45:00
On the 22nd of the week, the Tokyo stock market and the Nikkei Stock Average rose, closing at the 36,000 yen level for the first time in 33 years and 11 months since February 1990 during the bubble period.
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Nikkei Stock Average rises by more than 500 yen at one point, the highest since the bubble period
2024-01-22 12:08:00
On the 22nd of the week, the Tokyo stock market and the Nikkei Stock Average rose by more than 500 yen to the 36,500 yen level, the highest during trading hours since February 1990 during the bubble period in 33 years and 11. It was the highest price in a month.
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Primary fiscal balance: Deficit expected in FY2025 even with high growth assumption
2024-01-22 11:37:00
The Cabinet Office presents the latest calculations for the ``primary fiscal balance,'' an indicator of fiscal soundness, showing that even assuming high growth, there will be a deficit of around 1.1 trillion yen in fiscal 2025, when the government aims to return to a surplus. We are expecting.
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Nikkei Stock Average hits the highest level since the bubble period during trading hours
2024-01-22 10:02:00
On the 22nd of the week, the Tokyo stock market and the Nikkei Stock Average rose, briefly hitting the 36,500 yen level, the highest level since February 1990 during the bubble period during trading hours. In response to the large rise in tech-related stock prices in the New York market last weekend, buy orders have spread to related stocks in the Tokyo market immediately after trading began.
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Nikkei Stock Average hits the highest level since the bubble period during trading hours
2024-01-22 09:15:00
At the beginning of the week, on the 22nd, the Tokyo stock market and the Nikkei Stock Average rose, reaching the 36,400 yen level at one point, marking the highest level since February 1990 during the bubble period during trading hours. In response to the large rise in tech-related stock prices in the New York market last weekend, buy orders have spread to related stocks in the Tokyo market immediately after trading began.
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U.S. GDP for October to December last year to be announced on the 25th, perhaps showing the robustness of the economy?
2024-01-22 05:54:00
America's GDP (gross domestic product) from October to December last year will be announced on the 25th. There is a widespread view in the market that this will be the 6th consecutive quarter of positive growth, which is likely to demonstrate the robustness of the American economy even with high interest rates.
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Bank of Japan Monetary Policy Meeting starts today, focus on how to indicate policy direction
2024-01-22 05:35:00
The Bank of Japan will hold a monetary policy meeting for two days starting from the 22nd. The Bank of Japan has a stance of changing policy if it is expected to achieve the 2% price stability target in conjunction with wage increases, and the market is paying attention to the timing, but there are uncertainties such as the movement of small and medium-sized enterprises to raise wages. The focus is on how to indicate the direction of policy, while the issue of gender remains.
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TSE to require prime market companies to disclose financial information in English
2024-01-22 05:30:00
In an effort to attract investment money from overseas, the Tokyo Stock Exchange has decided to require companies in the top tier of the prime market to disclose financial information in English.
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