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Economic news(2020/06/08)


Kyoto   Hakone

Submission of the government's second supplementary budget proposal to the Diet

2020-06-08 21:45:00
To respond to the spread of the new coronavirus infection, the government submitted the second supplementary budget proposal for the current fiscal year to the Diet on the 8th, which includes reduction of rent burden on businesses and expansion of employment adjustment subsidies. ..

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Crude oil price rises to the level for the first time in about 3 months Continued production cuts in major oil-producing countries

2020-06-08 19:20:00
International crude oil prices, which influence domestic gasoline price movements, have risen to the level of about three months since major oil-producing countries have decided to continue sharply narrowing production next month. ..

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Closed about 200 restaurants for "Family Joyful" Corona impact

2020-06-08 18:59:00
With the new coronavirus affecting the business environment of the food service industry, Joyful, which has a head office in Oita City and operates a family restaurant, will close approximately 200 stores nationwide sequentially next month. I decided to.

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Keidanren chairman, second supplementary budget evaluation

2020-06-08 18:08:00
Regarding the government's second supplementary budget for this year, Chairman Nakanishi of the Keidanren said at the press conference on the 8th that it corresponded to the economic impact of the new coronavirus, while "What can be done about finance? I should think about it." He said that the deteriorating fiscal response should be discussed in the future.

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New Corona “New Everyday” Sales Style

2020-06-08 18:06:00
The new coronavirus is about to change the way we live and work. Companies, restaurants, and service industries are still in a difficult situation because they have not been able to recover the significantly depressed sales, but there is also a movement to seek a new sales style that responds to the new daily life.

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Yen price fluctuation

2020-06-08 17:59:00
On the 8th, the Tokyo foreign exchange market and the yen exchange rate were small.

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Bankruptcy due to the influence of the new Corona 227 companies nationwide

2020-06-08 16:14:00
According to a survey by a private research company, the number of companies that went bankrupt under the influence of the new coronavirus had risen to 227 by the 8th.

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Economic Watcher Survey: Low for the first time in 4 months

2020-06-08 16:10:00
According to a survey by the Cabinet Office that asks workers about the economic situation, the index showing the current state of the economy rose to 15.5 last month from the previous month when it was the worst ever. The index rose for the first time in four months following the release of the emergency declaration, but it remains low.

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"Preparing for the next outbreak" Deputy Prime Minister Aso gives a speech

2020-06-08 15:54:00
Deputy Prime Minister Aso and Finance Minister addressed the spread of the new coronavirus infection by saying, "We must be fully prepared for the fear of the next epidemic" by giving a financial speech at a plenary session in the House of Representatives on August 8. We called for the immediate establishment of the second supplementary budget proposal for this year.

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Stock price closing price 23,000 yen recovery Return to "pre-corona" level

2020-06-08 15:53:00
Buy orders spread in the Tokyo stock market on the 8th, and the closing price of the Nikkei Stock Average rose for the sixth consecutive business day, recovering 23,000 yen for the first time in about three and a half months.

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Economic Watcher Survey: Low for the first time in 4 months

2020-06-08 14:19:00
According to the Cabinet Office's last month's economic watcher survey, which asks workers about the economic situation, the index showing the current state of the economy was 15.5, up 7.6 points from the previous comparable month which was the worst since 2002. It was It has risen for the first time in four months following the release of the declaration of emergency, but the index is the third lowest level in the past. The level is still low due to the spread of new coronavirus infection.

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SBI and 3 banks to establish a new company with local support

2020-06-08 13:59:00
SBI Holdings, a major online finance company, and government-affiliated financial institutions and major and regional banks have decided to jointly create a new company to support regional companies. We will support the expansion of sales channels for local companies, which are becoming more severe due to the new coronavirus.

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Stock price Morning closing price Recovered in the 23,000 yen range for the first time in about three and a half months

2020-06-08 12:06:00
The Nikkei Stock Average has risen in the Tokyo stock market on the 8th and has recovered to the 23,000 yen level for the first time in about three and a half months.

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Yen price fluctuation

2020-06-08 11:49:00
On the 8th, the Tokyo foreign exchange market and the yen exchange rate have been moving slightly.

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Revised GDP from January to March: minus 2.2% annual rate, revised upward from preliminary figures

2020-06-08 11:20:00
For the revised GDP = GDP from January to March, the annual growth rate in real terms was minus 2.2%. As a result of reflecting the latest statistics, corporate capital investment increased, so the revision was made upward from the negative 3.4% of the preliminary report last month.

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Submission of the government's second supplementary budget proposal to the Diet

2020-06-08 11:16:00
To respond to the spread of the new coronavirus infection, the government submitted the second supplementary budget proposal for the current fiscal year to the Diet on the 8th, which includes reduction of rent burden on businesses and expansion of employment adjustment subsidies. ..

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Yen price fluctuation

2020-06-08 09:47:00
On the 8th, the Tokyo foreign exchange market and the yen exchange rate have been moving slightly.

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Large increase in lending of banks and credits Increased lending with new Corona

2020-06-08 09:37:00
As corporate cash flow becomes an issue due to the impact of the new coronavirus, the balance of loans to companies and individuals by private banks and credit unions in May increased by 4.8% from the same period last year to more than 562 trillion yen. Rates are highest since January 2001, when comparisons are possible.

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Significant decrease in current account surplus in April Impact of reduced export due to new corona

2020-06-08 09:20:00
The current account balance in April was 262.7 billion yen, showing how much Japan earned in foreign trade and financial transactions, but it was over 1,390 billion yen compared to the same month of the previous year, It decreased by 84%. This was due to factors such as a decrease in exports due to the spread of the new coronavirus infection, and a sharp increase in the trade deficit.

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Stock price recovered to the 23,000-yen level The NY stock market was hit for the first time in about three and a half months

2020-06-08 09:15:00
On the 8th, the Tokyo stock market swelled with buying orders immediately after the start of trading, and the Nikkei Stock Average has recovered to the 23,000 yen level for the first time in about three and a half months. This was due to a sharp rise in the Dow average stock price in the New York stock market on the 5th in anticipation of economic recovery.

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All Nippon Airways and Japan Airlines will increase the number of temporary cargo flights significantly

2020-06-08 07:40:00
As air cargo demand is picking up as economic activity resumes, ANA and Japan Airlines plan to significantly increase temporary cargo flights this month on a wide range of routes including Asia, Europe and the United States.

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Consider deregulation of investment to increase banks' revenue sources FSA

2020-06-08 05:55:00
With low interest rates prolonging, it is becoming difficult for banks to make profits by lending their main business. The FSA is considering deregulation to make it easier to invest in fintech companies in order to increase the revenue sources of banks.

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Kyoto   Mt.Fuji


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