Economic news(2024/01/31)
USA Osaka/Kansai Expo Pavilion Design Announcement
2024-01-31 23:51:00
The United States, which will be participating in next year's Osaka/Kansai Expo, announced the design of its pavilion on January 31st, and aims to create a place where people can imagine their future by setting up a stage where they can enjoy American cultural events.
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The number of domestic guests in December increased by 9.4% compared to the same month last year, and the number of foreign guests approximately doubled
2024-01-31 22:28:00
According to the Japan Tourism Agency, the number of people who stayed at domestic hotels and inns in December was a preliminary figure of 51.49 million, an increase of 9.4% from the same month of the previous year.
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Yen market price decline
2024-01-31 19:18:00
At the Tokyo foreign exchange market on the 31st, the yen exchange rate fell.
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Stock price rise The range of increase in the past month is more than 2,800 yen
2024-01-31 16:14:00
The Tokyo stock market and Nikkei average stock price rose on the 31st.
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South Korea Samsung Electronics “Last year's semiconductor sector suffered the largest deficit ever”
2024-01-31 15:32:00
South Korea's Samsung Electronics announced that last year's semiconductor division had the largest operating loss ever. However, demand is said to be recovering due to the spread of generation AI, and local media are reporting that business results are expected to recover significantly this year.
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US court invalidates Mr. Musk's approximately 8 trillion yen remuneration as "excessive remuneration"
2024-01-31 15:26:00
An American court has upheld a shareholder's claim that Elon Musk, the CEO of American electric car maker Tesla, is receiving an excessive amount of compensation, amounting to approximately 8 trillion yen. , rendered the judgment invalid.
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First flight of new airline “Toki Air” takes off from Niigata Airport
2024-01-31 13:22:00
The Sapporo Okadama flight of Toki Air, a new airline based at Niigata Airport, went into service on January 31st, and the first flight took off from Niigata Airport in the presence of related parties. This is the first time in 15 years that a scheduled flight by an airline not affiliated with a major airline has started in Japan, and expectations are high for its economic effects.
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Business confidence in China's manufacturing industry has fallen below 50 for the fourth consecutive month
2024-01-31 12:03:00
China's manufacturing industry business confidence index in January improved by 0.2 points from last month, but remained below 50, the benchmark used to judge economic conditions, for the fourth consecutive month. The main reason for this is the continued stagnation in domestic demand due to the prolonged slump in the real estate market.
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Bank of Japan decision-making meeting A series of statements positive about a shift in large-scale monetary easing measures
2024-01-31 11:42:00
The Bank of Japan has released the ``main opinions'' of its monetary policy meeting held last week, and some members said that ``it is necessary to intensify discussions on exits.'' I found that there were a number of positive statements toward a shift in monetary easing measures.
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December industrial production index rises for the first time in two months; Ministry of Economy, Trade and Industry maintains basic assessment
2024-01-31 10:48:00
The industrial production index, which measures corporate production activity, rose for the first time in two months last December.
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US Consumer Confidence Index in January hits highest level in 2 years and 1 month
2024-01-31 10:22:00
The Consumer Confidence Index in January, which shows how American consumers view the economy, rose significantly to its highest level in two years and one month, showing that personal spending, which has been supporting the American economy, is solid. It will be interesting to see if this continues in the future.
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December industrial production index rises for the first time in two months; Ministry of Economy, Trade and Industry maintains basic assessment
2024-01-31 10:01:00
The industrial production index in December of last year, which indicates the production activity of companies, was 105.9 with 2020 as 100, an increase of 1.8% over the previous month and the first increase in two months. The Ministry of Economy, Trade and Industry maintained its basic judgment of "up and down."
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Ukraine grain export volume “almost at pre-military invasion level due to strengthening of Black Sea defense”
2024-01-31 09:34:00
Ukrainian industry groups have revealed that exports of grain and other products from Ukraine, which have been severely affected by Russia's military invasion, are recovering to pre-military invasion levels as a result of strengthened defenses along the Black Sea shipping route. I made it.
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Microsoft and Google's parent company report increased sales and profits for the three months ending December
2024-01-31 08:58:00
American IT giant Microsoft and Google's parent company Alphabet's financial results for the three months ending in December showed both sales and profits increasing due to strong performance in their cloud businesses that utilize generative AI. Generative AI, which both companies are competing to develop, is boosting business results.
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Monetary policy meeting minutes released for half a year starting three months after the start of extraordinary easing
2024-01-31 08:52:00
The Bank of Japan has released the minutes of the six-month monetary policy meeting that began in July 2013, three months after it began so-called unprecedented easing under former Governor Kuroda. At the time, speculation about revisions to U.S. monetary policy caused turbulence in financial markets, indicating that policy committee members were acutely aware of the risks involved in normalizing monetary policy.
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FamilyMart to introduce robots nationwide to “reduce the burden on store managers”
2024-01-31 07:20:00
Improving the working environment for convenience store managers has become an issue due to a serious labor shortage. Under these circumstances, FamilyMart has decided to introduce robots to stores nationwide to enable remote work for store managers.
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NY Dow hits all-time high for 4 consecutive days, up 133 points from the previous day
2024-01-31 07:06:00
On the 30th, the Dow Jones Industrial Average on the New York Stock Exchange rose, hitting an all-time high for the fourth consecutive day.
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Ministry of Economy, Trade and Industry to subsidize joint capital investment costs for domestic manufacturing equipment manufacturers for storage batteries
2024-01-31 07:03:00
In order to increase Japan's competitiveness in the field of storage batteries, which are indispensable for EVs (electric vehicles), the Ministry of Economy, Trade and Industry has established a system to subsidize costs when manufacturing equipment manufacturers make joint capital investments. I will support you.
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Personal information leaked or lost at listed companies, etc. “40.9 million people, the highest ever”
2024-01-31 06:55:00
Last year, there were 175 cases of personal information leaks and losses reported by listed companies, which amounted to 40.9 million people, all of which were new record highs, according to a summary by a credit bureau.
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IMF upgrades world economic outlook but points to risks such as ship attacks in the Red Sea
2024-01-31 05:38:00
The International Monetary Fund (IMF) has announced the latest outlook for the world economy, and has revised this year's global economic growth rate upward by 0.2 percentage points, due to factors such as the stronger-than-expected US economy. On the other hand, he points out that future risks include geopolitical shocks such as attacks on ships in the Red Sea by Yemen's Houthi rebel group.
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