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

Economic news(2024/04/11)


Kyoto   Hakone

Fast Retailing's half-year financial results are the highest ever for this period

2024-04-11 22:45:00
Fast Retailing, which operates Uniqlo, had strong sales in Europe, the United States, and other countries, and its sales for the six months to February reached a record high of over 1.59 trillion yen, the highest ever for this period.

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US wholesale price index rose 0.2% from the previous month, slightly below market expectations

2024-04-11 21:57:00
The US Department of Labor released the wholesale price index for March on the 11th, which rose 0.2% compared to the previous month, slightly below market expectations. The wholesale price index is an index of the prices of goods and services traded between companies, and is an economic indicator that shows trends in inflation. In the United States, last month's consumer price index announced on the 10th showed that the yen's depreciation was accelerating, exceeding market expectations, and there is a lot of interest in the market's reaction to the latest statistics.

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European Central Bank leaves policy interest rate unchanged for 5th consecutive time at 4.5%

2024-04-11 21:43:00
The European Central Bank held a monetary policy meeting on the 11th and decided to keep its main policy interest rate unchanged at 4.5%. This is the fifth consecutive time that interest rates have been left unchanged since the meeting in October last year. The growth rate of the consumer price index in the euro area in March was 2.4%, lower than the previous month for the third consecutive month and on a downward trend. The European Central Bank is expected to maintain high interest rates and keep inflation in check, while considering the timing of a rate cut based on trends in prices and the economy.

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Government outlines proposed law to regulate large IT companies Indicates prohibited acts and imposes fines for violations

2024-04-11 19:28:00
The outline of a bill that the government is considering to regulate giant IT companies that hold a dominant position in basic smartphone software has been revealed. The company will indicate in advance certain prohibited acts, such as interfering with the use of competitors' services, and will make customers pay fines if they violate the rules.

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1 dollar = 153 yen at one point, there is also a sense of caution about market intervention by the government and the Bank of Japan

2024-04-11 19:06:00
At the Tokyo foreign exchange market on the 11th, the yen fell to a low of 153 yen to the dollar, the lowest level in approximately 34 years. As expectations for an early interest rate cut in the United States have receded, there is a growing movement to sell the yen, and there is also a sense of caution about market intervention by the government and the Bank of Japan.

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Long-term interest rates rise to 0.860%, the highest level in about 5 months

2024-04-11 18:56:00
In the bond market on the 11th, selling of Japanese government bonds intensified, and long-term interest rates rose to 0.860% in afternoon trading, the highest level in about five months.

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FamilyMart and Lawson begin joint transportation in parts of the Tohoku region

2024-04-11 17:33:00
In an effort to respond to the ``2024 problem'' in logistics, in which upper limit regulations are applied to overtime work for truck drivers, convenience store giants FamilyMart and Lawson began joint transportation of products in some areas of the Tohoku region from the 11th. I did.

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Nikkei average stock price temporarily fell by more than 500 yen, then the decline narrowed

2024-04-11 17:32:00
In the Tokyo stock market on the 11th, the Nikkei Stock Average temporarily fell by more than 500 yen due to concerns about prolonged inflation in the United States, but the decline narrowed as a result of buybacks.

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At one point, the dollar = 153 yen level, Finance Minister ``not excluding all options''

2024-04-11 17:07:00
In the Tokyo foreign exchange market on the 11th, as expectations of an early interest rate cut in the United States receded, there was a growing movement to sell the yen, and the yen exchange rate temporarily fell to the 153 yen level to the dollar. Finance Minister Kanda said, ``The current movement is sudden, and we want to take an appropriate response without excluding any means.'' Finance Minister Suzuki also said, ``We are eliminating all options in response to excessive moves.'' "We will respond appropriately without making any changes," he told reporters, keeping market movements in check.

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Suntory HD begins demonstration experiment to utilize hydrogen in whiskey distillation process

2024-04-11 17:06:00
As decarbonization becomes an issue, major beverage company Suntory Holdings is proceeding with a demonstration experiment to use hydrogen as fuel in the whiskey distilling process, with the aim of commercializing it at distilleries from next year. Ta.

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Long-term interest rates temporarily rose to 0.855%, the highest level in about 5 months

2024-04-11 16:49:00
In the bond market on the 11th, selling of Japanese government bonds intensified, and long-term interest rates rose to the highest level in about five months, at one point hitting 0.855% in afternoon trading.

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Nikkei average stock price temporarily fell by more than 500 yen

2024-04-11 13:27:00
On the 11th, the Tokyo stock market and the Nikkei Stock Average temporarily fell by more than 500 yen, but since then there has been a movement to buy back stocks, and the decline has narrowed.

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At one point, the dollar = 153 yen level, Finance Minister ``not excluding all options''

2024-04-11 12:01:00
In the Tokyo foreign exchange market on the 11th, as expectations of an early interest rate cut in the United States receded, there was a growing movement to sell the yen, and the yen exchange rate temporarily fell to the 153 yen level to the dollar. Finance Minister Kanda said, ``The current movement is sudden, and we want to take an appropriate response without excluding any means.'' Finance Minister Suzuki also said, ``We are eliminating all options in response to excessive moves.'' "We will respond appropriately without making any changes," he told reporters, keeping market movements in check.

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At one point, the dollar = 153 yen level, Finance Minister ``not excluding all options''

2024-04-11 11:18:00
In the foreign exchange market, the yen temporarily fell to the 153 yen level to the dollar in the early morning hours of Japan time, the lowest yen to dollar level in about 34 years. Finance Minister Kanda said, ``The current movement is sudden, and we want to take appropriate measures without excluding any means.'' Finance Minister Suzuki also said, ``We are considering all options to deal with excessive moves.'' "We will respond appropriately without eliminating the situation," he told reporters, keeping market movements in check.

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FRB “Unconfident about sustained decline in inflation rate” meeting minutes released

2024-04-11 11:06:00
The Federal Reserve, the central bank of the United States, has released the minutes of last month's meeting. Before the meeting, participants said that a series of economic indicators showing rising inflation did not increase confidence that inflation was falling sustainably toward the 2% target. I understand that you were expressing your opinion.

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Nikkei average stock price temporarily fell by more than 500 yen

2024-04-11 10:28:00
On the 11th, the Tokyo stock market, the Nikkei Stock Average, temporarily fell by more than 500 yen. In the New York market on the 10th, concerns about the continuation of the current high interest rate level spread due to the contents of the American consumer price index announced that day, and major stock indexes fell, and the Tokyo market also declined. The price has been declining almost across the board since the start of trading.

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Yen exchange rate temporarily drops to 153 yen to $1, finance minister says, ``We will not rule out any means''

2024-04-11 08:57:00
In the foreign exchange market, the yen temporarily fell to the 153 yen level to the dollar in the early morning hours of Japan time, the lowest yen to dollar level in about 34 years. Finance Minister Kanda put a check on market movements, saying, ``The current movements are sudden, and we want to take appropriate measures without eliminating all means.''

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The yen exchange rate temporarily fell to the 153 yen level to the dollar, marking the first time in 34 years that the yen had weakened to the dollar.

2024-04-11 06:00:00
At the New York foreign exchange market on the 10th, the yen's depreciation accelerated following the announcement of the US consumer price index, and the yen exchange rate temporarily fell to the 153 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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Yoshinoya HD President Kawamura: ``We are not in a situation where consumption will recover strongly.''

2024-04-11 01:14:00
At a financial results conference held on the 10th, Yoshinoya Holdings President Yasushi Kawamura stated that while the movement toward wage increases is widespread, disposable income has not risen sufficiently, and consumption is not in a position to recover strongly. .

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Kyoto   Mt.Fuji


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