Economic news(2024/04/25)
Chairman of the Organization for the Promotion of Financial and Economic Education “Increasing learning opportunities through on-site classes”
2024-04-25 22:33:00
Satoshi Ando, chairman of the newly established Organization for Financial and Economic Education, held a press conference to strengthen financial education, encouraging people of all ages to learn financial knowledge through on-site classes at companies and schools across the country. He expressed his intention to increase opportunities.
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US January-March GDP growth rate annualized +1.6%, below market expectations
2024-04-25 21:38:00
The United States' GDP (gross domestic product) from January to March was announced on the 25th, and the growth rate compared to the previous three months was an annualized increase of 1.6%. Although this was the seventh consecutive quarter of positive growth, it was significantly lower than market expectations of around 2.5%.
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This is the first time that two companies have been named in the Fukuoka Dome name ``Mizuho PayPay Dome Fukuoka.''
2024-04-25 19:17:00
The name of Fukuoka Dome in Fukuoka City, the home of professional baseball and Softbank, was changed to "Mizuho PayPay Dome Fukuoka" from the 25th. This is the first time that the name of a professional baseball team's home base includes the names of two companies.
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Financial results announced by major securities companies on the 25th were all positive, backed by a booming stock market
2024-04-25 18:46:00
Major securities companies have begun announcing their financial results for the fiscal year ending March. All major securities companies announced strong financial results on the 25th, backed by the booming stock market, with Daiwa Securities Group Inc. reporting a significant increase in profits.
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Yen market price falls to the low 155 yen level, the weakest yen level in about 34 years
2024-04-25 18:32:00
In the Tokyo foreign exchange market on the 25th, the depreciation of the yen further accelerated, and the yen exchange rate fell to the low 155 yen level to the dollar, marking the first time in about 34 years that the yen had weakened to the dollar.
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Yen market price falls to the low 155 yen level, the weakest yen level in about 34 years
2024-04-25 17:55:00
In the Tokyo foreign exchange market on the 25th, the yen's depreciation is accelerating further as people sell yen and buy dollars against the backdrop of the strong American economy. The yen exchange rate fell to the low 155 yen level to the dollar, marking the lowest yen level in approximately 34 years.
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Sales of duty-free goods at department stores in March reached record high, more than 2.4 times that of the same month last year
2024-04-25 17:27:00
Last month's sales of duty-free goods at department stores across the country reached a record high, increasing more than 2.4 times compared to the same month last year, as inbound demand from foreign tourists expanded amid the weakening yen.
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Beijing Motor Show begins in China, promoting "new energy vehicles"
2024-04-25 16:47:00
The world's largest motor show began on the 25th in Beijing, China. In China, "new energy vehicles" such as EVs (electric vehicles) account for one-third of the total sales volume, and each company is exhibiting and promoting the latest models of "new energy vehicles."
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Bank of Japan policy-making meeting from today to discuss situation after lifting negative interest rate policy
2024-04-25 16:37:00
The Bank of Japan will hold a monetary policy meeting for two days starting on the 25th to discuss the economic and price situation after lifting the negative interest rate policy. In addition to analyzing the spread of wage increases and the impact of the historically weak yen on prices, opinions are expected to be exchanged on the direction of future policy responses.
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Hidehiro Imatsu becomes the new president of the Japanese subsidiary of US financial giant Goldman Sachs
2024-04-25 15:36:00
American financial giant Goldman Sachs has announced that Hidehiro Imatsu, who previously worked in the market sector, will take up the vacant position of president of its Japanese subsidiary.
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Yen market price falls to the low 155 yen level, the weakest yen level in about 34 years
2024-04-25 15:26:00
In the Tokyo foreign exchange market on the 25th, the yen's depreciation is accelerating further as people sell yen and buy dollars against the backdrop of the strong American economy. The yen exchange rate fell to the low 155 yen level to the dollar, marking the lowest yen level in approximately 34 years.
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Six out of eight Japanese automakers' global sales exceeded the previous year's sales volume
2024-04-25 15:08:00
The global sales volume of Japan's major automakers in 2023 exceeded the previous year's level for 6 out of 8 companies, due to strong sales in the United States. It exceeded that mark and became the highest ever.
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Honda and Asahi Kasei agree to jointly produce EV battery components in Canada
2024-04-25 14:51:00
Honda and Asahi Kasei have agreed to jointly produce battery components for EVs at a new factory to be built in Canada. Honda also plans to build a new EV factory in Canada, establishing a production system for the North American market.
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Toyota's global production and sales volume reached record high last year, but fell short of initial plan
2024-04-25 14:39:00
Toyota Motor Corporation's worldwide production and sales volume last year reached record highs. This was due to strong demand in North America, Japan, and other countries, but due to the impact of the certification fraud incident that occurred within the group, sales in both cases were below initial plans.
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Yen market price falls to the low 155 yen level, the weakest yen level in about 34 years
2024-04-25 14:27:00
In the Tokyo foreign exchange market on the 25th, the yen's depreciation is accelerating further as people sell yen and buy dollars against the backdrop of the strong American economy. The yen exchange rate fell to the low 155 yen level to the dollar, marking the lowest yen level in approximately 34 years.
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Stock price temporarily fell by more than 800 yen Sell orders placed on semiconductor-related stocks, etc.
2024-04-25 14:22:00
On the 25th, the Tokyo Stock Exchange and Nikkei Stock Average temporarily fell by more than 800 yen.
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Ministry of Land, Infrastructure, Transport and Tourism inspects IHI power plant due to falsification of measurement data
2024-04-25 14:11:00
On the 25th, the Ministry of Land, Infrastructure, Transport and Tourism conducted on-site inspections of two factories in Niigata and Gunma prefectures due to a problem in which engine manufacturer IHI Engine had been falsifying fuel efficiency data for marine engines and other products. Ta.
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Yen market price temporarily fell to mid-155 yen level, the lowest yen level in about 34 years
2024-04-25 12:58:00
In the Tokyo foreign exchange market on the 25th, the yen's depreciation is accelerating further as people sell yen and buy dollars against the backdrop of the strong American economy. The yen exchange rate fell to the mid-155 yen level to the dollar, marking the lowest yen level in approximately 34 years.
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Ministry of Land, Infrastructure, Transport and Tourism inspects IHI power plant due to falsification of measurement data
2024-04-25 12:40:00
On the 25th, the Ministry of Land, Infrastructure, Transport and Tourism conducted on-site inspections of two factories in Niigata and Gunma prefectures due to a problem in which engine manufacturer IHI Engine had been falsifying fuel efficiency data for marine engines and other products. Ta.
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Stock prices have fallen significantly, and sell orders have been placed mainly on semiconductor-related stocks.
2024-04-25 12:31:00
On the Tokyo stock market on the 25th, there were widespread sell orders to lock in immediate profits, and stock prices fell sharply.
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Yen market price temporarily fell to mid-155 yen level, the lowest yen level in about 34 years
2024-04-25 12:16:00
In the Tokyo foreign exchange market on the 25th, the yen's depreciation is accelerating further as people sell yen and buy dollars against the backdrop of the strong American economy. The yen exchange rate fell to the mid-155 yen level to the dollar, marking the lowest yen level in approximately 34 years.
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Ministry of Land, Infrastructure, Transport and Tourism inspects IHI power plant due to falsification of measurement data
2024-04-25 11:24:00
Based on the Ship Safety Act, the Ministry of Land, Infrastructure, Transport and Tourism conducted on-site inspections at factories in Niigata City and Ota City, Gunma Prefecture on the 25th due to a problem in which engine manufacturer IHI Engine was falsifying fuel consumption rate measurement data for marine engines. We have started the inspection. Around 9:30 a.m., a total of 11 people from the Ministry of Land, Infrastructure, Transport and Tourism walked into the two factories one after another. The Ministry of Land, Infrastructure, Transport and Tourism will confirm the detailed facts by interviewing people involved in engine manufacturing.
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Stock prices temporarily fell by more than 700 yen, sell orders were placed on semiconductor-related stocks, etc.
2024-04-25 11:15:00
On the 25th, the Tokyo stock market and Nikkei Stock Average temporarily fell by more than 700 yen. On the 24th, the Nikkei Stock Average rose sharply by more than 900 yen, and as a result, there is a movement to lock in immediate profits, and on the morning of the 25th (Japan time), the earnings forecasts announced by major American IT companies. Sell orders have been placed on semiconductor-related stocks as it was reported that prices were lower than market expectations.
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Yen market price temporarily fell to 155.40 yen level, the lowest level in about 34 years
2024-04-25 10:30:00
In the Tokyo foreign exchange market on the 25th, the yen's depreciation is accelerating as there is a growing movement to sell yen and buy dollars against the backdrop of the strong American economy. The exchange rate of the yen temporarily fell to the 155.40 yen level to the dollar, the lowest level in approximately 34 years.
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Ministry of Land, Infrastructure, Transport and Tourism inspects IHI subsidiary factory due to measurement data falsification issue
2024-04-25 09:55:00
Based on the Ship Safety Act, the Ministry of Land, Infrastructure, Transport and Tourism conducted on-site inspections at factories in Niigata City and Ota City, Gunma Prefecture on the 25th due to a problem in which engine manufacturer IHI Engine was falsifying fuel consumption rate measurement data for marine engines. We have started the inspection. Around 9:30 a.m., a total of 11 people from the Ministry of Land, Infrastructure, Transport and Tourism walked into the two factories one after another. The Ministry of Land, Infrastructure, Transport and Tourism will confirm the detailed facts by interviewing people involved in engine manufacturing.
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Nikkei average stock price drops by more than 500 yen
2024-04-25 09:48:00
On the 25th, the Tokyo stock market and Nikkei average stock price fell by more than 500 yen. On the 24th, the Nikkei Stock Average rose sharply by more than 900 yen, and in reaction to this, there is a movement to lock in immediate profits, and on the morning of the 25th (Japan time), the earnings forecasts announced by major American IT companies are causing market volatility. As it was reported that prices were lower than expected, sell orders were placed on semiconductor-related stocks and other stocks.
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Summer bonus forecast exceeds previous year for 3 consecutive years, background includes strong company performance
2024-04-25 07:35:00
Private think tanks predict that summer bonuses for corporate workers will exceed the previous year's bonuses for the third consecutive year, due to strong corporate performance.
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Four major life insurance companies announce investment policies for this fiscal year, focusing on impact on dividends, etc.
2024-04-25 07:33:00
The four major life insurance companies announced their investment policies for this year one after another by the 24th. Anticipating that the Bank of Japan will further raise interest rates within this year, the largest Japanese life insurance company, Nippon Life Insurance, and other companies have announced plans to increase the amount of Japanese government bonds they manage, while other companies have predicted that their amount of government bonds will decrease. As the full-scale arrival of "Worldwide" is expected, the focus will be on what kind of impact it will have on the amounts received by policyholders, such as dividends.
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Bank of Japan policy-making meeting from today to discuss situation after lifting negative interest rate policy
2024-04-25 06:57:00
The Bank of Japan will hold a monetary policy meeting for two days starting on the 25th to discuss the economic and price situation after lifting the negative interest rate policy. In addition to analyzing the spread of wage increases and the impact of the historically weak yen on prices, opinions are expected to be exchanged on the direction of future policy responses.
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The depreciation of the yen further accelerates.The yen price temporarily drops to 155.37 yen in the NY market.
2024-04-25 06:43:00
At the New York foreign exchange market on the 24th, the depreciation of the yen further accelerated, and the yen exchange rate temporarily fell to 155.37 yen to the dollar, the highest level in approximately 34 years since June 1990. .
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