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Economic news(2022/07/12)


Kyoto   Hakone

Japan-US Finance Ministers' Meeting Joint Statement Confirmation of Policy to Strengthen Sanctions on Russia

2022-07-12 23:24:00
Finance Minister Janet Yellen, who visited Japan for the first time since taking office, met with Finance Minister Janet Yellen on the afternoon of the 12th and confirmed in a joint statement the policy of strengthening sanctions on Russia.

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Toray's two factories revoked ISO certification due to fraudulent inspection of resin products

2022-07-12 22:22:00
Toray Industries, Inc., a major textile manufacturer, announced that its ISO certification, which is an international standard for quality control, has been revoked for factories in Nagoya and Chiba prefectures that had been fraudulently inspected for resin products.

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Nikon single-lens reflex camera development stopped Sales declined due to the spread of smartphones

2022-07-12 21:50:00
Nikon, a major precision equipment manufacturer, has stopped developing single-lens reflex cameras that have been in operation for over 60 years. With the spread of smartphones and mirrorless cameras, sales have declined, and there is no prospect of resuming development.

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Full-scale debate over minimum wages “Although high prices cut down on living expenses ...”

2022-07-12 21:33:00
The Ministry of Health, Labor and Welfare's council, which is discussing raising the minimum wage this year, entered into full-scale discussions on the 12th. What will happen to the minimum wage as prices soar?

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Full-scale debate over minimum wages “Although high prices cut down on living expenses ...”

2022-07-12 21:15:00
The Ministry of Health, Labor and Welfare's council, which is discussing raising the minimum wage this year, entered into full-scale discussions on the 12th. What will happen to the minimum wage as prices soar?

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Japan-US Finance Ministers' Meeting Joint Statement Confirms Policy to Strengthen Sanctions on Russia

2022-07-12 19:30:00
Finance Minister Janet Yellen, who visited Japan for the first time since taking office, met with Finance Minister Janet Yellen on the afternoon of the 12th and confirmed in a joint statement the policy of strengthening sanctions on Russia.

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Yen price decline The impact of the Japan-US Treasury talks is limited

2022-07-12 18:51:00
The yen exchange rate fell in the Tokyo foreign exchange market on the 12th, and the dollar was traded in the low to mid 137 yen range. Finance Minister Suzuki and US Treasury Secretary Janet Yellen met on the afternoon of the 12th, but the impact on the foreign exchange market was limited.

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Japan-US-Australia-India Framework Quad Energy Ministers' Meeting tomorrow

2022-07-12 18:28:00
A meeting of the Ministers of Energy of Quad, the framework of the four countries of Japan, the United States, Australia and India, will be held in Australia on the 13th. In addition to responding to Russia, which continues to invade the military, discussions are expected to be held on the stable procurement of LNG = liquefied natural gas, which is feared to be in short supply.

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Japan-US Finance Ministers' Meeting Joint Statement Confirms Policy to Strengthen Sanctions on Russia

2022-07-12 17:58:00
Finance Minister Janet Yellen, who visited Japan for the first time since taking office, met with Finance Minister Janet Yellen on the afternoon of the 12th and confirmed in a joint statement the policy of strengthening sanctions on Russia.

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Japan-US Finance Ministers' Meeting Joint Statement "Consult closely and cooperate appropriately on foreign exchange issues"

2022-07-12 16:06:00
The Japan-US Finance Ministers' Meeting has just ended and Finance Minister Suzuki has issued a joint statement. Among them, regarding the recent depreciation of the yen and the appreciation of the dollar in the foreign exchange market, "The economic impact of Russia's invasion is increasing fluctuations in the exchange rate, which has a negative impact on economic and financial stability. Can be given. " He added, "In line with the G7 and G20 commitments, we will closely discuss the foreign exchange market and cooperate appropriately on foreign exchange issues."

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Minister of Internal Affairs and Communications Kaneko with over 5 million applications for "Mina Point 2nd"

2022-07-12 16:05:00
Minister of Internal Affairs and Communications Kaneko has revealed that the number of applications has exceeded 5 million since the start of acceptance on the 30th of last month, over the "second minor points" that can receive points for up to 20,000 yen.

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Stock prices are almost entirely low Concerned about economic slowdown due to monetary tightening in Europe and the United States

2022-07-12 15:52:00
The Tokyo stock market on the 12th fell almost entirely due to concerns that monetary tightening in Europe and the United States would lead to a slowdown in the economy, and the Nikkei Stock Average temporarily dropped by more than 500 yen.

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Japan-US Finance Ministers' Meeting Begins Discussions on Strengthening Sanctions on Russia

2022-07-12 15:25:00
A meeting between US Treasury Secretary Janet Yellen and Finance Minister Suzuki, who is visiting Japan, has been held since the afternoon of the 12th, and Treasury Secretary Janet Yellen said he would like to discuss sanctions on Russia, which continues to invade Ukraine.

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Japan-US Finance Ministers' Meeting Begins Discussions on Strengthening Sanctions on Russia

2022-07-12 15:07:00
A meeting between US Treasury Secretary Janet Yellen and Finance Minister Suzuki, who is visiting Japan, has been held since the afternoon of the 12th, and Treasury Secretary Janet Yellen said he would like to discuss sanctions on Russia, which continues to invade Ukraine.

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To consider "roaming" using other companies' communication networks in the event of a communication failure Minister of Internal Affairs and Communications

2022-07-12 14:17:00
Following KDDI's communication failure, which took 86 hours to fully recover, Minister of Internal Affairs and Communications Kaneko revealed that he would consider introducing "roaming" that can temporarily use the communication networks of other companies in the event of a communication failure. Did.

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Treasury Minister Suzuki "Concerned about the rapid depreciation of the yen" Be wary of market movements

2022-07-12 12:33:00
Regarding the further depreciation of the yen and the dollar, such as the yen's depreciation falling to the latter half of the 137 yen level this week in the foreign exchange market, Finance Minister Suzuki said, "The yen is depreciating rapidly. I'm worried, "he said, cautioning against market movements.

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June corporate goods price index record high, mainly due to rising prices of crude oil and other products

2022-07-12 11:56:00
Last month's preliminary figures for the corporate goods price index, which show the prices of goods traded among companies announced by the Bank of Japan, reached record highs following May against the backdrop of rising energy prices such as crude oil.

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June corporate goods price index record high, mainly due to rising prices of crude oil and other products

2022-07-12 11:03:00
Last month's preliminary figures for the corporate goods price index, which show the prices of goods traded among companies announced by the Bank of Japan, reached record highs following May against the backdrop of rising energy prices such as crude oil.

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US senior president visits the Middle East “to encourage oil-producing countries to increase crude oil production”

2022-07-12 10:34:00
US White House aide to President Sullivan said of President Biden's visit to the Middle East this week, "The president will do everything he can to reduce gasoline prices," aiming to encourage oil-producing countries to increase crude oil production. I explained that.

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June corporate goods price index record high, mainly due to rising prices of crude oil and other products

2022-07-12 08:58:00
Last month's preliminary figures for the corporate goods price index, which shows the prices of goods traded between companies, reached a record high of 113.8, with the average of 2020 as 100. The main reason for this is that energy prices such as crude oil have continued to rise following the military invasion of Ukraine by Russia, and the rate of increase has continued to be high at 9.2% compared to the same month of the previous year.

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Russia Stops supply of major pipelines that send natural gas to Germany

2022-07-12 06:19:00
The main pipeline "Nord Stream" that sends natural gas from Russia to Germany has been suspended from the 11th due to regular inspections. There is growing concern that supply will not resume after inspections as the Russian side shakes Germany, which imposes economic sanctions.

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NY market Temporarily renewed the yen's depreciation level for the first time in about 24 years in the latter half of the 137 yen level

2022-07-12 05:46:00
In the New York foreign exchange market on the 11th, the yen was sold due to the observation that large-scale monetary easing would continue for the time being following the big victory of the LDP in the Japanese parliamentary election, and the yen exchange rate was temporarily 1 dollar = 137 yen. The price dropped to the latter half of the level, and the yen depreciated for the first time in about 24 years.

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Eel prices are on the rise There are also moves to strengthen products that can be shared with families

2022-07-12 04:17:00
Before the 23rd of this month, the eel sales season is in full swing. The price of eels is on the rise due to rising raw material prices, and the retail industry is also moving to strengthen the lineup of products that can be shared by families.

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First visit to Japan after taking office as Treasury Secretary Janet Yellen to meet with Finance Minister Suzuki

2022-07-12 04:14:00
US Treasury Secretary Janet Yellen will visit Japan for the first time since taking office and will meet with Finance Minister Suzuki on the 12th to discuss sanctions on Russia, which continues to invade Ukraine. It will also be interesting to see what kind of discussions will be held on the trends in the foreign exchange market, where the yen is weakening and the dollar is strengthening.

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Kyoto   Mt.Fuji


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