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

Economic news(2022/07/14)


Kyoto   Hakone

U.S. Treasury Secretary Price Rise "Government's Top Priority" Inflation Countermeasures

2022-07-14 21:22:00
US Treasury Secretary Janet Yellen held a press conference in Indonesia, where she visited, stating that rising prices in the United States were "a top priority for our administration," and said she would focus on combating inflation.

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FAST RETAILING Yen depreciation raises profit outlook to record high

2022-07-14 20:47:00
FAST RETAILING, which develops UNIQLO and other companies, has revised its final profit outlook for the year ending August upward due to factors such as the depreciation of the yen boosting overseas profits. The company's final profit forecast for this period is 250 billion yen, an increase of 60 billion yen from previous forecasts, and is expected to reach a record high.

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"Tax-saving insurance" sales Manulife Life Insurance orders business improvement Financial Services Agency

2022-07-14 18:47:00
The Financial Services Agency said on the 14th that the life insurance that foreign-affiliated Manulife Life Insurance had sold to small and medium-sized enterprises deviated from the original purpose of the insurance, which was excessively tax-saving. I issued an order and asked for thorough prevention of recurrence.

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Kansai Electric Power Co., Inc. Announced construction of a large power storage station to stabilize power supply and demand Wakayama

2022-07-14 18:32:00
Kansai Electric Power Co., Inc. announced that it will build a power storage station in Wakayama Prefecture that can store electricity equivalent to the amount used by about 13,000 ordinary households a day in order to stabilize the supply and demand of electricity.

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The yen plunged to the 139 yen level per dollar, renewing the yen's depreciation level for the first time in about 24 years

2022-07-14 18:19:00
In the Tokyo foreign exchange market on the 14th, the yen exchange rate plummeted by more than 2 yen to the 139 yen level per dollar from the view that the US monetary tightening will accelerate further. This is the first depreciation of the yen in about 24 years.

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Toshiba's "principle attendance" rule is reviewed and it is now possible to choose between working from home and attending work

2022-07-14 17:53:00
Toshiba, a major electronics manufacturer, will review the rule that employees will go to work in principle, and will be able to choose between working from home and going to work. This means that about 44,000 people will be targeted, excluding employees working at the manufacturing site.

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The yen plunged to the 139 yen level per dollar, renewing the yen's depreciation level for the first time in about 24 years

2022-07-14 17:00:00
In the Tokyo foreign exchange market on the 14th, the yen depreciated further in the afternoon, and the yen exchange rate temporarily dropped by more than 2 yen to the 139 yen level per dollar, the lowest level in about 24 years since September 1998. The has been updated.

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Stock price rises Yen depreciation Advances buy orders spread mainly to export-related stocks

2022-07-14 15:45:00
As the yen depreciated further in the Tokyo stock market on the 14th, buy orders expanded mainly for export-related stocks such as automobiles, and the stock price rose.

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Russia Concerns about not resuming supply of natural gas pipeline to Germany

2022-07-14 12:36:00
Russia's government-affiliated gas company Gazprom is repairing a turbine in Canada on the 13th, while the main pipeline "Nord Stream" that sends natural gas from Russia to Germany has stopped supplying due to regular inspections. Has issued a statement that there is no guarantee that it will be returned. There are concerns that the Russian side may not resume supply after the 21st of this month, when the inspection is scheduled to end.

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Stock price rises Further depreciation of the yen makes buy orders centered on export-related items

2022-07-14 12:03:00
In the Tokyo stock market on the 14th, as the yen depreciated further, buy orders were placed mainly for export-related stocks, and the stock price is rising.

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Renewed the yen's depreciation level for the first time in about 24 years in the low 138 yen range per dollar

2022-07-14 11:45:00
In the Tokyo foreign exchange market on the 14th, the yen depreciated further due to the widening interest rate differential between Japan and the United States, and the yen exchange rate fell to the low 138 yen level per dollar, the first time in about 24 years since September 1998. The yen's depreciation level has been updated.

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Panasonic HD announces construction plan for new EV battery plant in the United States

2022-07-14 10:57:00
Panasonic Holdings has announced plans to build a new plant in Kansas, the Midwestern United States, to produce new batteries for EVs = electric vehicles. We would like to accelerate the supply to American EV maker Tesla.

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Renewed the yen's depreciation level for the first time in about 24 years to the 138 yen level per dollar

2022-07-14 10:20:00
In the Tokyo foreign exchange market on the 14th, the yen depreciated further and the yen exchange rate temporarily dropped to the 138 yen level per dollar, renewing the yen's depreciation level for the first time in about 24 years since September 1998. With the US dollar's consumer price index rising above market expectations on the 13th, there is widespread speculation that US monetary tightening will accelerate further, and the interest rate differential between Japan and the US will widen further. From this perspective, the movement to sell yen and buy dollars has intensified.

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Renewed the yen's depreciation level for the first time in about 24 years in the latter half of the 137 yen level per dollar

2022-07-14 10:09:00
In the Tokyo foreign exchange market on the 14th, the yen exchange rate temporarily dropped to the upper half of the 137 yen level per dollar, and since September 1998, the yen has renewed its depreciation level for the first time in about 24 years. With the US dollar's consumer price index rising to a record level higher than market expectations last month announced on the 12th, there is widespread speculation that US monetary tightening will accelerate further, and the interest rate differential between Japan and the US From the view that the US dollar will expand further, the movement to sell yen and buy dollars has intensified.

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US Fed Economic Report “Recession Risk Concerns in Some Areas”

2022-07-14 07:48:00
The Federal Reserve Board, the central bank of the United States, has released the latest economic report, saying that the overall economy is expanding moderately, while some districts are affected by record inflation and monetary tightening. He pointed out that there are concerns about the risk of a recession.

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Ministry of Economy, Trade and Industry Electricity from Hokkaido to the Tokyo Metropolitan Area Established a submarine transmission line in the Sea of ​​Japan

2022-07-14 06:22:00
As the supply and demand of electricity continues to be severe, the Ministry of Economy, Trade and Industry has decided to develop a new transmission line that sends electricity from Hokkaido to the Tokyo metropolitan area through the seabed of the Sea of ​​Japan. Renewable energy generated in Hokkaido will be made available in the Tokyo metropolitan area as well, which will help alleviate the tight supply and demand of electricity.

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Approximately 50% of the menu will be gradually increased with Skylark HD Gusto, etc.

2022-07-14 06:21:00
Skylark Holdings, the largest family restaurant, has decided to raise the price of about 50% of the entire menu of five brands under its umbrella, such as Gusto, from the 14th onward in response to soaring raw material prices.

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Suzuki "MotoGP" etc. to end participation Focus on technological development such as decarbonization

2022-07-14 06:10:00
Suzuki, an automobile manufacturer headquartered in Hamamatsu City, Shizuoka Prefecture, participates in the world's highest peaks of motorcycle racing, "MotoGP" and "World Endurance Championship", in order to focus on technological development such as decarbonization and electrification. Announced that it will end with this.

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Bank of Canada decides to raise rates significantly by 1% to 2.5%

2022-07-14 05:49:00
Canada's central bank has decided to raise rates by 1% for the first time in about 24 years on the 13th, as the world's central banks intensify monetary tightening to curb record inflation.

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NY foreign exchange market price drops to the latter half of the 137 yen level per dollar

2022-07-14 05:44:00
In the New York foreign exchange market on the 13th, there is widespread observation that monetary tightening will accelerate as the rate of increase in consumer prices in the United States reaches a record level, and the yen exchange rate is temporarily in the 137 yen range per dollar. The price dropped until the second half.

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Consensus on next-generation energy development such as quad ammonia

2022-07-14 05:09:00
On the 13th, a meeting of energy ministers from Quad, the framework of the four countries of Japan, the United States, Australia and India, was held in Australia to cooperate in the development and dissemination of next-generation energy technologies such as ammonia, which does not emit carbon dioxide when burned. We agreed by going.

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London Forex market 1 euro below $ 1

2022-07-14 00:52:00
In the London foreign exchange market on the 13th, the view that the interest rate differential between Europe and the United States will widen after the US consumer price index rose 9.1% and reached a record level for the first time in 40 and a half years became stronger at one point. , 1 euro has fallen below $ 1. The so-called "equivalent break" in which the value of 1 euro falls below 1 dollar is the first time in about 20 years since December 2002.

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