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

Economic news(2024/04/12)


Kyoto   Hakone

China March export value decreased by 7.5% compared to the same month last year Factors such as decrease in exports to Europe and America

2024-04-12 19:33:00
China's export value in March decreased by 7.5% compared to the same month last year. This is likely to weigh on economic recovery due to a significant drop in exports to major trading partners, the United States and Europe.

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Yen exchange rate: At one point, the yen hit a weaker dollar level for the first time in about 34 years

2024-04-12 19:05:00
On the 12th, in the Tokyo foreign exchange market, the yen depreciated against the backdrop of diminishing expectations of an early interest rate cut in the United States, and the yen exchange rate briefly hit a new high for the first time in about 34 years.

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Is inflation rekindling? Cacao and coffee prices are soaring [Column from London]

2024-04-12 18:28:00
Strong headwinds are blowing against the end of inflation, and the yen continues to depreciate. The rate of increase in the U.S. consumer price index for March, announced on April 10, exceeded market expectations, causing the yen to plummet to a level of 153 yen to the dollar, the lowest level in approximately 34 years. . What is even more worrisome is the ``food inflation'' that is creeping into the world. The futures price of cacao beans, the raw material for chocolate, has hit a record high. The futures price of Robusta coffee, which is used in instant coffee, also hit a new high. What is happening? (London bureau reporter Hiroko Matsuzaki)

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Stock price rose by more than 300 yen at one point, but subsequent price increases were limited

2024-04-12 15:35:00
On the Tokyo stock market on the 12th, stock prices rose slightly.

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One year left until the opening of the Osaka/Kansai Expo, commemorative stamp sales begin

2024-04-12 13:33:00
With 13 days remaining one year until the opening of the Osaka/Kansai Expo, sales of stamps commemorating the Expo featuring the official character "Myaku Myaku" and others began on the 12th.

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First trade of new tea, highest price is over 1,110,000 yen per kilo Shizuoka

2024-04-12 12:43:00
The first trade of new tea in season took place at the Shizuoka Tea Market in Shizuoka City, with the highest price reaching over 1,110,000 yen per kilogram.

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Stock prices rise; buy orders spread to semiconductor-related stocks, etc.

2024-04-12 12:25:00
Stock prices are rising on the Tokyo stock market on the 12th.

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Weak yen: Finance Minister Suzuki says, ``Excessive fluctuations should be dealt with without eliminating all means.''

2024-04-12 10:39:00
Regarding the depreciation of the yen in the foreign exchange market, Minister of Finance Suzuki stated at a press conference after the Cabinet meeting that it would lead to an increase in the burden on consumers and others through an increase in import prices, and that he would take every possible measure to prevent excessive fluctuations in the exchange rate. We once again demonstrated our intention to respond without eliminating any means necessary.

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Lawson President Takemasu “Competition intensifies beyond business format” Collaboration with KDDI

2024-04-12 07:59:00
At a press conference, President Takemasu of Lawson, a major convenience store, acknowledged that competition in the convenience store business environment is becoming more intense across business formats, and said that they will leverage collaboration with KDDI, with which they have a stronger capital relationship, in the future. The company announced its intention to expand its services.

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Yen exchange rate: The yen has weakened to the highest level for the first time in about 34 years. 1 dollar = 153 yen.30 level

2024-04-12 06:22:00
In the New York foreign exchange market on the 11th, the interest rate differential between Japan and the United States became conscious due to the expectation that the US Federal Reserve's interest rate cuts would be delayed, and the yen exchange rate briefly fell to the 153.30 yen level to the dollar. The yen has fallen to the highest level in about 34 years.

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Daihatsu's headquarters factory "Copen" production resumes with all domestic factories in operation

2024-04-12 04:54:00
Daihatsu Motor Co., Ltd. has announced that it will resume production of its light passenger car, the Copen, at its main factory in Ikeda City, Osaka, from the 7th of next month, which had been halted due to an issue in which Daihatsu Motor Corporation fraudulently obtained government certification. . As a result, all automobile factories in the country will be operational.

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EV battery production “Panasonic Energy” opens research base in Osaka

2024-04-12 04:52:00
Panasonic Energy, which produces batteries for EVs (electric vehicles), opened a research base in Suminoe Ward, Osaka, and held a commemorative ceremony on the 11th. The company hopes to use this base to establish mass production technology for the latest batteries.

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

2024-04-12 00:16:00
The European Central Bank held a monetary policy meeting and decided to leave its main policy interest rate unchanged for the fifth time in a row. The statement states that once inflation subsides sustainably, ``a reduction in interest rates will be appropriate,'' and the focus going forward will be on when to cut interest rates.

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

2024-04-12 00:07:00
On the 11th, the US Department of Labor released last month's wholesale price index, which rose 0.2% compared to the previous month, slightly below market expectations.

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Kyoto   Mt.Fuji


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