This page is the news announced by NHK, a representative TV station in Japan.
Japanese companies and ASEAN trading companies propose to strengthen their supply networks
Minister of Economy, Trade and Industry Nishimura attended a meeting with economic ministers of the Association of Southeast Asian Nations (ASEAN) held in Cambodia, and shared various data between Japanese companies and ASEAN trading companies to improve the supply chain. We proposed a cooperative project to strengthen the supply chain.
The yen exchange rate accelerated to the upper 144 yen level against the dollar, and has continued to fluctuate wildly. The next focus of the market is the meeting to decide monetary policy in Japan and the United States. Both results will be announced on the 22nd of Japan time. We have another announcement to watch today. It is the meeting that decides the monetary policy of the Swiss National Bank, the central bank of Switzerland. Market participants say, "Depending on the results, the yen may depreciate further, and 'certain transactions' may become active." (Economic Department reporter Mitsutaka Saito)