Economic news(2024/03/07)
European Central Bank leaves policy interest rate unchanged for fourth consecutive time
2024-03-07 22:28:00
The European Central Bank held a monetary policy meeting on the 7th and decided to leave the main policy interest rate unchanged at the current 4.5%. This is the fourth time in a row that interest rates have been left unchanged since the meeting in October last year. The consumer price index growth rate in the euro area was 2.6% in February, which has been in the 2% range for five consecutive months and is on a downward trend, but the European Central Bank is maintaining interest rates at a high level to suppress inflation. This seems to be a sign of attitude.
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Shunto UA Zensen Trend of sustainable wage increases Negotiations continue for small and medium-sized enterprises Confirmed
2024-03-07 21:04:00
Ahead of the intensive response day on the 13th of this month for this year's spring labor union, UA Zensen, a union formed by labor unions in the distribution and service industries, held a rally in Tokyo on the 7th to urge small and medium-sized enterprises to continue raising wages. We confirmed that we will continue negotiations in order to have a ripple effect.
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Spring labor battle: Major companies settle early one after another with ``full response''...The latest situation is
2024-03-07 20:05:00
This year's spring labor dispute has become an unusual situation, with major companies quickly settling their cases with high standards such as ``full payment.'' On the other hand, some employees at small and medium-sized enterprises have voiced their frustration, saying, ``Prices are going up, but wages aren't going up.'' We covered the latest developments regarding wage increases.
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Joint job fair for university students graduating next spring, companies in the disaster area also participating Kanazawa
2024-03-07 18:53:00
A joint job fair was held in Kanazawa City for university students who will be graduating next spring, and companies in the areas affected by the Noto Peninsula Earthquake told the students, ``We want you to be interested in companies that can help with recovery.'' I called.
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Bank of Japan Governor's 2% price stability target: "The probability of achieving it is gradually increasing"
2024-03-07 18:42:00
Bank of Japan Governor Ueda attended a meeting of the House of Councilors Budget Committee and reiterated his recognition that the 2% price stability target, which is a prerequisite for changes in monetary policy such as lifting negative interest rates, is ``gradually becoming more likely to be achieved.'' Ta.
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Recommendation to Nissan Motors for violating subcontracting law, unilaterally lowering price
2024-03-07 18:34:00
On the 7th, the Fair Trade Commission ruled that Nissan Motor Co., Ltd.'s unilateral reduction in the price paid to more than 30 subcontractor parts manufacturers by approximately 3 billion yen at the time of delivery violates the Subcontract Act. We have issued recommendations to prevent recurrence.
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“Steady progress towards achieving the 2% price stability target” Bank of Japan Councilor Nakagawa
2024-03-07 18:33:00
Junko Nakagawa, one of the nine members who decide on the Bank of Japan's monetary policy, gave a speech in Matsue on the 7th, stating that the Japanese economy is moving towards achieving the 2% price stability target, which is the premise of the Bank of Japan's policy change. It was recognized that we are making steady progress.
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Yen price rises, movement to buy yen triggered by statements by Bank of Japan council member
2024-03-07 18:32:00
At the Tokyo foreign exchange market on the 7th, there was a movement to buy the yen, triggered by statements by the Bank of Japan's council members, and the yen exchange rate rose.
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Recommendation to Nissan Motors for violating subcontracting law, unilaterally lowering price
2024-03-07 18:09:00
On the 7th, the Fair Trade Commission ruled that Nissan Motor Co., Ltd.'s unilateral reduction in the price paid to more than 30 subcontractor parts manufacturers by approximately 3 billion yen at the time of delivery violates the Subcontract Act. We have issued recommendations to prevent recurrence.
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5 months after the start of hostilities, regular flights between Narita Airport and Israel resume operations
2024-03-07 17:41:00
Five months have passed since the start of hostilities between Israel and the Islamic organization Hamas, and regular flights between Narita Airport and Tel Aviv, Israel's largest commercial city, resumed on the 7th.
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Morinaga Milk Sales of bottled drinks such as milk to end at the end of this month
2024-03-07 17:30:00
Morinaga Milk has announced that it will end the sale of all bottled beverages such as milk at the end of this month. This is due to a review of the effort required for customers to return the products for reuse, as well as the efficiency of transportation and energy for collection.
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Osaka "Abeno Harukas" commemorative ceremony 10 years after full opening
2024-03-07 16:58:00
On the 7th, Abeno Harukas, a skyscraper in Osaka, celebrated 10 years since its full opening, and a commemorative ceremony was held with the participation of local children.
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Imported wheat selling price reduced by 0.6% from April for second consecutive period Ministry of Agriculture, Forestry and Fisheries
2024-03-07 16:03:00
The Ministry of Agriculture, Forestry and Fisheries has announced that the price at which the government sells imported wheat to flour milling companies will be reduced by 0.6% starting next month. This is the second consecutive period of reduction in selling prices.
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Letter: Price increase for the first time in 30 years Report approving revision of ministerial ordinance Ministry of Internal Affairs and Communications council
2024-03-07 15:32:00
As the use of postal mail continues to decline, a council of the Ministry of Internal Affairs and Communications has compiled a report that approves the amendments to ministerial ordinances necessary to raise the price for letters, from the current 84 yen to 110 yen. After discussions with the Consumer Affairs Agency, prices are expected to go up as early as October this year, the first in 30 years, excluding the consumption tax hike.
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After hitting an all-time high, the stock price fell by more than 500 yen at one point.
2024-03-07 15:27:00
On the 7th, the Tokyo stock market and the Nikkei average stock price hit a new all-time high during trading hours, but at one point fell by more than 500 yen as the yen appreciated in the foreign exchange market.
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China Export value in January and February increased by more than 7% compared to the same period last year Import value also increased
2024-03-07 15:00:00
China's export value for the two months of January and last month combined increased by more than 7% compared to the same period last year, due to an increase in exports to the United States and Southeast Asia. The value of imports is also increasing, and with the outlook for the economy becoming increasingly uncertain, attention will be focused on whether the increase in trade will continue.
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Nikkei Stock Average briefly hit an all-time high, but then declined
2024-03-07 11:55:00
On the 7th, the Tokyo stock market briefly hit an all-time high immediately after trading began, but stock prices fell due to the appreciation of the yen in the foreign exchange market.
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Nikkei Stock Average temporarily hits 40,400 yen level, new high during trading hours
2024-03-07 09:18:00
On the Tokyo stock market on the 7th, the Nikkei average stock price rose by more than 300 yen to the 40,400 yen level, breaking the all-time high during trading hours set on the 4th of this month.
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Real wages in January decreased by 0.6% compared to the same month last year, 22nd consecutive month of decline
2024-03-07 08:35:00
As prices continue to rise, the real wage per worker in January decreased by 0.6% compared to the same month last year, marking the 22nd consecutive month of decline.
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Federal Reserve says economic activity has increased in most regions, indicating the US economy is solid
2024-03-07 07:42:00
The Federal Reserve, the central bank of the United States, released its latest economic report on the 6th, stating that economic activity has increased slightly in most regions, once again demonstrating the strength of the American economy. became.
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Scallops farmed in Funka Bay reach their peak landing season in Hokkaido's Oshamabe Town
2024-03-07 04:20:00
In Oshamanbe Town in southern Hokkaido, the scallops farmed in Funka Bay are at their peak.
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Capcom raises starting salary for new employees next spring by 65,000 yen to 300,000 yen
2024-03-07 04:16:00
Capcom, a game maker headquartered in Osaka, has announced that it will raise the starting salary of new employees joining the company next spring by 65,000 yen to 300,000 yen. As the competition for IT talent increases, the company hopes to attract more talent by improving benefits.
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