Economic news
Economic news
2024-07-27 11:17:00
The meeting of finance ministers and central bank governors of the G20 (Group of 20) countries, held in Brazil, concluded on the morning of the 27th (Japan time), and adopted a joint statement stating that while there is a high possibility of a soft landing for the global economy, there are risks such as war and prolonged inflation.
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2024-07-27 06:51:00
On the 26th, the New York stock market saw a large increase in the Dow Jones Industrial Average, closing at over $600, as speculation grew that the Federal Reserve would lower interest rates as early as September following the release of economic indicators related to prices that day.
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2024-07-27 01:52:00
Russia's central bank said it would raise interest rates by 2 percentage points to 18%, aiming to tame accelerating inflation caused by labor shortages and rising wages amid the protracted invasion of Ukraine.
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2024-07-26 22:59:00
The US personal consumption expenditures (PCE) price index rose 2.5% in June compared to the same month last year. This was the second consecutive month that the rate of increase was lower than the previous month, indicating a downward trend in the inflation rate.
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2024-07-26 21:26:00
In response to the issue of Chubu Electric Power and other companies being ordered to pay penalties for repeated collusion in large-scale gas contracts, the Ministry of Economy, Trade and Industry issued business improvement orders to a subsidiary of Chubu Electric Power and Toho Gas on the 26th.
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2024-07-26 18:25:00
On the 26th, the yen fell by more than 1 yen on the Tokyo foreign exchange market.
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2024-07-26 18:12:00
The yen has strengthened by 10 yen to the dollar in July, reversing from its historically weak level of 161 yen to the dollar. Behind the pause in the yen's depreciation is the widespread speculation in the market that the Bank of Japan will raise interest rates amid rising import prices. Will the Bank of Japan actually act? Trends in personal consumption are attracting attention as a determining factor. Is current consumption resilient? Or weak? We look into the latest developments on the ground. (Economics reporter Enoshima Airi)
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2024-07-26 17:10:00
It has become clear that Toyota Motor Corporation is making arrangements to build a new factory in Fukuoka Prefecture to produce batteries for electric vehicles (EVs). The company plans to invest 5 trillion yen in EV-related projects by 2030, and is determined to strengthen its domestic EV production system.
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2024-07-26 16:37:00
On the 26th, the Tokyo Stock Exchange and the Nikkei Stock Average fell. This is the eighth consecutive business day of declines.
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2024-07-26 16:37:00
It has been revealed that the company will pay 2 million yen a month to former chairman Kazumasa Kobayashi, who resigned to become a special advisor after taking responsibility for the issue of people developing kidney problems after taking Kobayashi Pharmaceutical's red yeast rice supplements. This is four times the usual salary for an advisor.
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2024-07-26 14:29:00
In response to increased electricity demand due to the extreme heat, a newly constructed thermal power plant in Chiba Prefecture will begin operations approximately one month earlier than originally scheduled, and was opened to the press on the 26th.
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2024-07-26 12:38:00
On the 26th, the Tokyo stock market saw a pause in the yen's appreciation and a move to buy back stocks that had fallen in price, leading to an increase in the Nikkei average.
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