Memorandum of Understanding with Malaysian State Enterprise on LNG Procurement Flexibility in Times of Crisis
As the supply and demand of LNG = liquefied natural gas tightens worldwide, the Ministry of Economy, Trade and Industry has signed a memorandum of understanding with a state-owned company in Malaysia, one of the world's leading producers, to provide accommodation in the event of a crisis situation such as a delay in procurement. We will continue to cooperate with each other, such as receiving
Australia LNG export control measures not expected to be introduced
The Australian government is considering restricting exports of LNG (liquefied natural gas), citing an increase in exports of liquefied natural gas (LNG) as the price of natural gas soars against the backdrop of Russia's invasion of Ukraine. However, gas companies have agreed to give priority to domestic supply, and it is expected that no regulatory measures will be introduced.
October price hike Children How much will it affect child rearing?
Food prices continue to rise due to soaring raw material prices and the rapid depreciation of the yen, but the impact is also affecting children's products. Powdered milk, paper diapers, and even toys that are necessary for raising children. Many products will be raised in price from October, and it is likely that the burden on households raising children will increase further. We have summarized the main products that will be raised and their impact.
Panasonic Subsidiary Over 20,000 Constructions Due to Legal Violations Without Assigning Qualified Persons
A subsidiary of Panasonic Holdings announced that it did not assign a nationally qualified person in charge of installation work such as air conditioners, and that it had carried out more than 22,000 construction works in violation of laws and regulations.
Shunichi Kito of Idemitsu as new chairman of the Petroleum Association of Japan
Shunichi Kito, President of Idemitsu Kosan Co., Ltd., was newly appointed as chairman of the Petroleum Association of Japan, which is made up of oil wholesalers. I showed the idea that it should be reduced in stages.
Mitsubishi Heavy Industries and Four Electric Power Companies to Develop Next-Generation Nuclear Reactor, To Be Commercialized in the 2030s
Mitsubishi Heavy Industries and four electric power companies have announced that they will jointly develop a next-generation nuclear reactor, aiming for commercialization in the 2030s. Regarding next-generation nuclear reactors, the government announced a policy last month to consider development and construction, and the private sector will accelerate the movement toward commercialization.
Yen exchange rate: USD 1 = Yen depreciation to the upper 144 yen level.
In the Tokyo foreign exchange market on the 29th, yen selling became dominant due to the widening interest rate differential between Japan and the United States, and the yen gradually depreciated to the upper 144 yen level to the dollar toward the evening.
10 major electric power companies unable to raise prices in November
The electricity charges for November of the 10 major electric power companies have reached the upper limit that can be passed on to the surging fuel prices, so it is an unusual situation that they cannot raise prices even though fuel prices are rising. On the 29th, the 10 major electric power companies announced standard electricity rates for households for November.
Stock prices rise Long-term interest rates in Europe and the United States have eased some economic concerns
Stock prices rose on the Tokyo stock market on the 29th, as long-term interest rates in Europe and the United States declined, which eased concerns about the future of the economy.
Nomura Minister of Agriculture Requests review of purchasing practices Expectations such as easing of price increases
In response to the continuing rise in prices, Minister of Agriculture, Forestry and Fisheries Nomura held a meeting to exchange opinions with food manufacturers and supermarkets, and reviewed the purchasing practice called the "one-third rule" in order to suppress the range of price increases. I requested things.
Yen exchange rate 1 dollar = 144 first half Yen bought back due to decline in long-term interest rates in Europe and the United States
In the Tokyo foreign exchange market on the 29th, the yen was bought back to some extent in response to the decline in long-term interest rates in Europe and the United States, and the yen exchange rate is trading in the low 144 yen range to the dollar.
Stock price small price movement Morning closing price low 26,000 yen range
The Tokyo stock market on the 29th, the stock price has become a small price movement.
Tokyo foreign exchange market Yen exchange rate mid-144 yen Awareness of widening interest rate differential between Japan and the US
In the Tokyo foreign exchange market on the 29th, there was a scene where the yen was bought back to some extent due to the decline in long-term interest rates in Europe and the United States, but after that there was a movement to sell the yen, and the yen exchange rate was in the mid-144 yen range to the dollar. are traded at
NY Dow rises for the first time in 7 business days with the announcement of the purchase of government bonds by the British Central Bank
In the New York stock market on the 28th, after the central bank of the United Kingdom announced the purchase of British government bonds to stabilize the market, the sense of caution about the future eased and buy orders increased, and the Dow Jones Industrial Average rose for the first time in seven business days. turned to rise.
NY foreign exchange market Yen exchange rate at a level between 144 yen Due to the decline in long-term interest rates in Europe and the United States
In the New York foreign exchange market on the 28th, long-term interest rates in the United States and Europe fell after the announcement of the purchase of British government bonds by the central bank of the United Kingdom. The market is trading at a level between 1 dollar = 144 yen.