This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2024/03/11)


Kyoto   Hakone

All Nippon Airways and Japan Airlines base increases to highest level in 33 years, reply to labor union

2024-03-11 20:24:00
In this year's spring labor union, where continuing wage increases were the focus, major airlines ``All Nippon Airways'' and ``Japan Airlines'' both responded to labor unions that they would raise their wages to the highest level in 33 years.

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Yen exchange rate 1 dollar = low 146 yen level Dollar selling due to speculation on Japan-US monetary policy

2024-03-11 19:15:00
In the Tokyo foreign exchange market on the 11th, the first day of the week, the yen appreciated to the low 146 yen level to the dollar, as speculation about the monetary policies of Japan and the United States led to a strong movement to buy yen and sell dollars.

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Prime Minister Kishida holds a "government-labor-management meeting" on the 13th to increase momentum for realizing wage increases

2024-03-11 18:53:00
Prime Minister Kishida announced that a ``government-labor-management conference'' will be held between the government, the business community, and the labor community on the 13th, the day for intensive responses to the spring labor union. Going forward, we would like to build momentum to achieve sustainable wage increases that exceed the rise in prices, including for small and medium-sized enterprises where wage negotiations are in full swing.

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Private rocket launch postponed to be relaunched on 13th in Wakayama

2024-03-11 18:32:00
On the 9th, the launch of a small rocket developed by a Tokyo venture company in Wakayama Prefecture was postponed at the last minute, but the company announced that it will be launched again on the 13th.

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TEPCO to review business plan due to increased compensation costs due to release of treated water

2024-03-11 18:31:00
Thirteen years have passed since the Fukushima Daiichi Nuclear Power Plant accident, and TEPCO is currently faced with the challenge of dealing with increased compensation costs associated with the release of treated water. For this reason, the company is considering revising its business plan, and the focus is likely to be on how to incorporate the restart of nuclear power plants.

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Keidanren to appoint new vice chairman, Sony Group chairman, and other personnel plans announced

2024-03-11 18:26:00
The Japan Federation of Economic Organizations (Keidanren) has announced a personnel plan to appoint four people, including Sony Group Chairman Kenichiro Yoshida, as new vice chairman.

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China January-February new car sales increased by over 11% compared to the same period last year due to strong sales of EVs etc.

2024-03-11 18:00:00
China's new car sales for the two months of January and last month increased by more than 11% compared to the same period last year, due to strong sales of new energy vehicles such as EVs. This resulted in an increase in

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Revised GDP growth rate for October-December upwardly revised to +0.4% on an annualized basis

2024-03-11 17:45:00
The revised value of GDP (gross domestic product) from October to December last year showed that the real growth rate was +0.4% on an annualized basis, a change from the preliminary figure of -0.4% announced last month to positive. This is due to an increase in corporate capital investment as a result of reflecting the latest statistics.

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Stock price temporarily fell by more than 1,100 yen due to falling American stocks and strong yen

2024-03-11 16:03:00
At the beginning of the week, on the 11th, the Tokyo stock market saw an increase in sell orders due to the continued appreciation of the yen, and the Nikkei Stock Average at one point fell by more than 1,100 yen.

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Stock price temporarily fell by more than 1,100 yen due to falling American stocks and strong yen

2024-03-11 13:26:00
At the beginning of the week, on the 11th, the Tokyo stock market saw an increase in sell orders for a wide range of stocks due to the continued appreciation of the yen, and the Nikkei Stock Average at one point fell by more than 1,100 yen.

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Stock price temporarily fell by more than 1,000 yen due to falling American stocks and strong yen

2024-03-11 13:03:00
At the beginning of the week, on the 11th, the Tokyo stock market saw an increase in sell orders for a wide range of stocks due to the continued appreciation of the yen, and the Nikkei Stock Average fell by more than 1,000 yen at one point.

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Revised GDP growth rate for October-December upwardly revised to +0.4% on an annualized basis

2024-03-11 10:41:00
The revised value of GDP (gross domestic product) from October to December last year showed that the real growth rate was +0.4% on an annualized basis, a change from the preliminary figure of -0.4% announced last month to positive. This is due to an increase in corporate capital investment as a result of reflecting the latest statistics.

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Stock price temporarily fell by more than 900 yen; sell orders placed on semiconductor and export-related stocks

2024-03-11 09:55:00
At the beginning of the week, on the 11th, the Tokyo stock market saw the yen appreciate to the 146 yen level to the dollar in the foreign exchange market, and sell orders spread across a wide range of stocks from the start of trading, causing the Nikkei Stock Average to temporarily drop. The price has dropped by more than 900 yen.

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Revised GDP growth rate for October-December upwardly revised to +0.4% on an annualized basis

2024-03-11 09:07:00
The Cabinet Office announced on the 11th the revised value of GDP (gross domestic product) for the period from October to December last year, and the real growth rate compared to the previous three months was an annualized increase of 0.4%. This has been revised upward from the preliminary figure of -0.4% announced on the 15th of last month. The main factor was that corporate capital investment increased in line with the latest statistics.

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One year since the bankruptcy of US Silicon Valley Bank, what are the implications for Japan?

2024-03-11 05:25:00
March 10 marks one year since the bankruptcy of Silicon Valley Bank, which triggered financial instability in the United States. Rapid interest rate hikes have worsened banks' finances and led to deposit outflows, but there are still issues with the authorities' supervision. ``What is the current state of the American financial market?'' ``What are the implications for Japan?'' We asked an economist who is familiar with monetary policy in Japan and the United States.

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“Spot work” intermediary services for working in your free time are expanding.

2024-03-11 04:36:00
Against the backdrop of labor shortages and the spread of side jobs, there is a growing need for people to work in their free time or short hours, known as ``spot work,'' and companies are increasingly entering and reinforcing intermediary services.

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Kyoto   Mt.Fuji


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