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

Economic news(2024/04/18)


Kyoto   Hakone

Yen exchange rate rises to low 154 yen level following statement from Japan-U.S.-Korea Finance Ministers Meeting

2024-04-18 21:06:00
On the 18th, the Tokyo foreign exchange market saw some yen repurchases in response to the statement issued after the Japan-U.S.-Korea finance ministers' meeting, and the yen appreciated against the dollar.

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Bank of Japan Councilor Noguchi expects future interest rate hikes to be slow

2024-04-18 20:26:00
Among the nine members who decide on the Bank of Japan's monetary policy, Councilor Akira Noguchi, who opposed the lifting of negative interest rates, gave a speech, expressing his cautious view on realizing a virtuous cycle of wages and prices, and regarding the pace of future interest rate hikes. "We expect it to be much slower than other major central banks."

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Doctors file suit over “rights violation due to unfair Google Maps review posting”

2024-04-18 20:00:00
Google Maps, which is said to have the largest number of users among map apps in Japan, posted inappropriate content in the ``reviews'' section, but it was not deleted, and the company's interests were infringed. 63 individuals and organizations, including doctors in Tokyo, filed a lawsuit against Google, demanding a total of 1.4 million yen in damages. How should we respond to reviews? We also asked experts.

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“Mortgage households will be burdened more” Bank of Japan analyzes impact of interest rate rise

2024-04-18 18:50:00
The Bank of Japan analyzed the impact if interest rates rose following the lifting of negative interest rates, and found that while most households will receive an increase in interest income from deposits, households with mortgages will have an increased payment burden. We have published an estimate.

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Domestic shipments of consumer electronics decreased last year to record low for second consecutive year

2024-04-18 18:48:00
Last year's domestic shipments of consumer electronics such as televisions and car navigation systems decreased by 15% compared to the previous year, marking the second consecutive year at a record low. This is thought to be due to people refraining from purchasing home appliances due to high prices.

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Doctors file suit over “rights violation due to unfair Google Maps review posting”

2024-04-18 18:29:00
Google Maps, which is said to have the largest number of users among map apps in Japan, posted inappropriate content in the ``reviews'' section, but it was not deleted, and the company's interests were infringed. 63 individuals and organizations, including doctors in Tokyo, filed a lawsuit against Google, demanding a total of 1.4 million yen in damages.

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Ride-sharing: Demonstration experiment begins for full-scale introduction in Miura, Kanagawa

2024-04-18 17:49:00
A demonstration experiment aimed at the full-scale introduction of ``ride sharing,'' in which ordinary drivers transport people using private cars for a fee, began on the night of the 17th in Miura City, Kanagawa Prefecture.

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Average price of new condominiums in March: 76.23 million yen; high level continues in Tokyo and 3 prefectures

2024-04-18 17:40:00
The average price of newly built condominiums sold in Tokyo and three prefectures in the Tokyo metropolitan area last month was 76.23 million yen, lower than the same month last year for the first time in five months. Last year, prices fell as a reaction to the successive sales of high-priced properties, but prices remain at a high level due to rising construction costs.

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Stock prices rise slightly, buy orders mainly for stocks with declining prices

2024-04-18 16:24:00
On the 18th, stock prices rose slightly on the Tokyo stock market as buy orders were placed mainly on stocks that had recently fallen in price.

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Oracle announces plan to invest over 1 trillion yen in Japan over the next 10 years

2024-04-18 14:38:00
American software giant Oracle has announced plans to invest more than 1 trillion yen in its Japanese operations over the next 10 years. Data centers are expected to be expanded domestically as demand increases due to the spread of AI, and major American companies are investing in Japan one after another in this field.

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Statement from Nippon Steel and US Steel that they will “continue to be iconic American companies”

2024-04-18 13:29:00
Regarding Nippon Steel's plan to acquire US Steel, both companies released a statement regarding US President Biden's statement that ``US Steel should remain a fully American company.'' ``US Steel is a symbolic American company. "We will continue to do so," he said, emphasizing that the acquisition will benefit America as a whole.

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G20 Finance Ministers and Central Bank Governors Meeting Opens Japan, US, South Korea “Sharing concerns such as yen depreciation”

2024-04-18 12:40:00
The G20 (G20) meeting of finance ministers and central bank governors of 20 major countries opened on the morning of the 18th (Japan time) in Washington, D.C., and exchanged opinions on issues surrounding the global economy. Prior to this, Japan, the United States, and South Korea held a trilateral finance ministers' meeting in which Japan and South Korea shared serious concerns about the recent rapid depreciation of the yen and the fall in the value of South Korea's currency, the won, and discussed trends in the foreign exchange market. We confirmed that we will hold close discussions.

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Stock price rise Morning closing price 38,090.87 yen

2024-04-18 12:18:00
Stock prices are rising on the Tokyo stock market on the 18th.

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Japan-U.S.-Korea Finance Ministers Meeting Foreign Exchange Trends “Continue to closely discuss”

2024-04-18 12:01:00
Finance Minister Suzuki, who is currently visiting the United States, held a trilateral meeting between Japan, the United States, and South Korea, where they shared serious concerns about the trends in the foreign exchange market, where the yen and won are depreciating, and continued to work closely with them. We confirmed that we will continue to discuss this matter.

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Fed’s latest report “Economic activity expands slightly” indicating the strength of the US economy

2024-04-18 09:06:00
The Federal Reserve Board, the central bank of the United States, has released its latest economic report, stating that economic activity has expanded slightly, indicating the solidity of the American economy.

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NY market temporarily rises to low 154 yen level Government Wary of Bank of Japan's intervention

2024-04-18 08:00:00
In the New York foreign exchange market on the 17th, the yen was bought back to some extent due to concerns that the Japanese government and the Bank of Japan would intervene in the market following the statement released after the Japan-U.S.-Korea finance ministers' meeting. At one point, the market price rose to the low 154 yen level to the dollar.

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Ministry of Finance considers support for tourism promotion, housing development, etc. as population declines in the Amami archipelago

2024-04-18 06:48:00
A new national initiative has begun, with the Ministry of Finance acting as a go-between and working with other ministries to support regional revitalization. We will consider supporting tourism promotion and housing development in the Amami Islands of Kagoshima Prefecture, where the population is declining.

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Japan-U.S.-Korea Finance Ministers Meeting Foreign Exchange Trends “Continue to closely discuss”

2024-04-18 05:08:00
Finance Minister Suzuki, who is currently visiting the United States, held a trilateral meeting between Japan, the United States, and South Korea, where they shared serious concerns about the trends in the foreign exchange market, where the yen and won are depreciating, and continued to work closely with them. We confirmed that we will continue to discuss this matter.

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Nippon Steel's plan to acquire US Steel is affected by the US presidential election...

2024-04-18 05:01:00
The Japan-U.S. summit meeting confirmed the strengthening of relations over a wide range of areas. Attention was focused on whether an acquisition by a Japanese company would be talked about. Nippon Steel, the world's fourth-largest crude steel producer, plans to acquire US Steel, which has a history of more than 100 years in the United States, for approximately 2 trillion yen. However, the impact of the US presidential election...

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Kyoto   Mt.Fuji


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