Economic news(2024/04/10)
US consumer price index in March increased by 3.5% compared to the same month last year
2024-04-10 22:57:00
Last month's consumer price index in the United States was released, and it increased by 3.5% compared to the same month last year. The rate of increase exceeded the previous month's rate for the second consecutive month, once again demonstrating the persistence of inflation.
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US consumer price index in March increased by 3.5% compared to the same month last year
2024-04-10 22:05:00
The consumer price index for March in the United States has been released, showing an increase of 3.5% compared to the same month last year. The rate of increase exceeded the previous month for the second consecutive month. Federal Reserve Chairman Jerome Powell has repeatedly said there is no need to rush to cut interest rates. All eyes will be on what kind of policy decisions the Fed will make in response to the latest price statistics.
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Seven & i HD to consider listing supermarket businesses such as Ito-Yokado
2024-04-10 22:04:00
Seven & i Holdings, a major distribution company, has announced that it will consider listing the shares of its supermarket business, including Ito-Yokado, which continues to be underperforming, from 2027 onwards. While maintaining collaboration in food development, the company plans to separate its main convenience store business from management.
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Yen exchange rate temporarily fell to the 152 yen level to the dollar, the highest level of depreciation to the dollar in about 34 years
2024-04-10 21:55:00
In the foreign exchange market on the 10th, the yen's depreciation accelerated in response to the announcement of the US consumer price index, and the yen exchange rate temporarily fell to the 152 yen level to the dollar. This is the first time in about 34 years since 1990 that the yen has weakened against the dollar.
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Aeon Financial Results Sales and operating profit reach record high
2024-04-10 21:05:00
Aeon, a major distribution company, achieved record high sales and operating profit in its financial results for the year ending in February this year. As food prices continue to rise, the company expects to increase profits by strengthening sales of private brands, with sales expected to reach 10 trillion yen for the first time this fiscal year.
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Major rating agency Fitch lowers China's rating outlook
2024-04-10 19:01:00
Fitch Ratings, a major rating agency, has downgraded China's rating outlook. In order to support economic growth, the national debt is expected to increase over the next few years.
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Yen market: small price movements
2024-04-10 18:14:00
In the Tokyo foreign exchange market on the 10th, the yen exchange rate showed slight price movements.
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Bank of Japan Governor Ueda “considers reducing government bond purchases after assessing market trends”
2024-04-10 18:12:00
Regarding the government bond purchases that have been continued under large-scale monetary easing measures, Bank of Japan Governor Ueda said, ``We will move to a phase of reduction after observing the market,'' and said that the scale of purchases will be reduced while monitoring market trends. We have indicated that we will consider the following.
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NTT Docomo and Amazon to collaborate on point service for online shopping
2024-04-10 17:18:00
NTT Docomo and Amazon announced that they will collaborate on an online shopping point service. Competition is likely to become even more intense with rivals such as Rakuten Group in the so-called ``point economic zone.''
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Seven & i HD to consider listing supermarket businesses such as Ito-Yokado
2024-04-10 17:12:00
Seven & i Holdings, a major distribution company, has announced that it will consider listing the shares of its supermarket business, including Ito-Yokado, which continues to be underperforming, from 2027 onwards. While maintaining collaboration in food development, the company plans to separate its main convenience store business from management.
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"Arashi" new company established jointly announced by 5 members
2024-04-10 15:22:00
Arashi, the popular idol group of the former Johnny's Jimusho, which has been suspending its activities as a group since 2021, jointly announced on the 10th that the five members have established a new company.
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March corporate price index increased by 0.8% compared to the same month last year
2024-04-10 11:28:00
Last month's Corporate Price Index, which shows the prices of goods traded between companies, was 0.8 compared to the same month last year, as the downward effects of the government's measures to reduce the burden of electricity and gas bills have run their course. % rose.
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March corporate price index increased by 0.8% compared to the same month last year
2024-04-10 09:21:00
The Corporate Goods Price Index, which measures the prices of goods traded between companies, rose 0.8% in March compared to the same month last year. The growth rate was in the 0% range for five consecutive months, but it increased somewhat from the previous month.
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Increase in number of foreigners joining Japanese companies Companies provide training on Japanese business customs and culture
2024-04-10 07:43:00
As the new fiscal year has begun, the number of foreigners joining Japanese companies is increasing. Companies are increasingly creating workplaces that are comfortable for employees to work in, regardless of their nationality, by providing training on Japanese business customs and culture.
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Microsoft to invest approximately 440 billion yen in Japan business as demand for generative AI increases
2024-04-10 05:12:00
Microsoft, an American IT giant, has announced that it will invest 2.9 billion dollars (approximately 440 billion yen) in its Japanese business in order to expand demand for generative AI. In addition to expanding the data center essential for generative AI, we plan to establish a new research base, making this the largest investment in Japan.
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A virtual space where you can enjoy Japanese tea at the long-established Uji tea store “Metaverse”
2024-04-10 04:31:00
A long-established Uji tea shop in Kyoto Prefecture has developed a virtual space in the online virtual space ``Metaverse'' where you can enjoy Japanese tea, hoping to give people around the world an opportunity to become familiar with Japanese tea.
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