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

Economic news(2022/10/24)


Kyoto   Hakone

Last weekend's dollar-selling, yen-buying market intervention "Possibility of 5 trillion yen" is also estimated

2022-10-24 21:04:00
There is also an estimate that the market intervention by the government and the Bank of Japan conducted last weekend to sell the dollar and buy the yen could reach a scale of 5 trillion yen.

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Yen depreciation Q&A Former Finance Minister Eisuke Sakakibara “Preventing yen depreciation Difficulty of intervention”

2022-10-24 20:06:00
From 1997 to 1999, he served as the Finance Minister in charge of foreign exchange policy at the former Ministry of Finance, and repeatedly aggressively intervened in the market, such as directing the market intervention of "dollar selling and yen buying" 24 years ago, and was called "Mr. Yen". Eisuke Sakakibara, who was summoned, points out that market intervention is aimed at surprises, but it is difficult to intervene to prevent the yen from depreciating.

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Yen depreciation Q&A expert “There are also policies that can be used to change the trend of yen depreciation”

2022-10-24 19:53:00
Toru Sasaki, head of market research at JP Morgan Chase Bank, who worked at the Bank of Japan and has experience in market intervention, said that in order to reverse the trend of yen depreciation, he should implement policies to encourage investment in Japan and take advantage of the yen's depreciation. He points out that such policies are also required.

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In the event of a large-scale communication failure Review information dissemination to users Aim for unification of rules

2022-10-24 19:25:00
In response to KDDI's large-scale communication failure that occurred in July this year, an expert meeting of the Ministry of Internal Affairs and Communications began reviewing the method of transmitting information to users. We aim to unify the rules, such as the timing of publication, among telecommunications carriers.

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Foreign exchange market Fluctuations of 4 yen or more Market intervention There is also a view that it is repeated

2022-10-24 19:23:00
At the beginning of the week, the Tokyo foreign exchange market attracted attention after the market intervention by the government and the Bank of Japan to sell the dollar and buy the yen last weekend. On the morning of the 24th, there was a scene of more than 4 yen fluctuation, and there is a view that the government and the Bank of Japan are repeatedly intervening in the market.

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Nidec's April-September financial results record highest sales and final profit

2022-10-24 19:01:00
The financial results of Nidec, a major electronic component company, from April to last month were the highest ever for both sales and final profits at this time. This was mainly due to strong sales of motors for home appliances and game consoles, and the weak yen boosting earnings.

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Foreign exchange market Fluctuations of 4 yen or more Market intervention There is also a view that it is repeated

2022-10-24 18:36:00
At the beginning of the week, the Tokyo foreign exchange market attracted attention after the market intervention by the government and the Bank of Japan to sell the dollar and buy the yen last weekend. On the morning of the 24th, there was a scene of more than 4 yen fluctuation, and there is a view that the government and the Bank of Japan are repeatedly intervening in the market.

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“Highly convenient with an app” EV charging station sharing service to start

2022-10-24 17:51:00
A new sharing service for charging stations used for EV = electric vehicles has started. The aim is to improve convenience by connecting charging station owners and EV drivers with a smartphone app.

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Foreign exchange market Fluctuations of 4 yen or more Market intervention There is also a view that it is repeated

2022-10-24 17:17:00
At the beginning of the week, the Tokyo foreign exchange market attracted attention after the market intervention by the government and the Bank of Japan to sell the dollar and buy the yen last weekend. On the morning of the 24th, there was a scene of more than 4 yen fluctuation, and there is a view that the government and the Bank of Japan are repeatedly intervening in the market.

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Bank of Japan Governor Kuroda ``Rapid depreciation of the yen is a factor pushing up prices'' Budget Committee

2022-10-24 16:45:00
Bank of Japan Governor Kuroda commented on the recent rise in prices at the House of Councilors Budget Committee meeting on the 24th, saying, "The recent rapid depreciation of the yen, combined with the high price of natural resources, has led to an increase in import prices, which has pushed up consumer prices. "There is," he said, showing the view that the impact of the depreciation of the yen is increasing.

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Stock price temporarily rises by more than 400 yen, but the rate of increase shrinks due to uncertainty about the future of China

2022-10-24 16:04:00
On the Tokyo stock market on the 24th, the beginning of the week, concerns about a slowdown in the US economy have eased somewhat, and the Nikkei Stock Average temporarily rose by more than 400 yen, but after that, the price rose due to uncertainty about the future of China's politics and economy. has shrunk.

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“White goods” April-September domestic shipments exceeded the previous year for the first time in three years, up 2.5%

2022-10-24 14:16:00
Domestic shipments of so-called white goods such as air conditioners and washing machines for the six months from April to September this year exceeded the same period of the previous year for the first time in three years.

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Japanese transport ship equipped with "sail" arrives in Australia Utilizing wind power for a decarbonized society

2022-10-24 12:07:00
A welcome ceremony was held for a Japanese transport ship equipped with wind-powered "sails" that have arrived in Australia to reduce greenhouse gas emissions toward a decarbonized society.

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China GDP +3.9% from July to September Economic recovery is slow and lacks strength

2022-10-24 12:04:00
China's National Bureau of Statistics announced on the 24th that it had postponed the announcement and announced GDP = Gross Domestic Product from July to September, and the growth rate was 3.9% compared to the same period last year. Despite surpassing the growth rate of the previous three months, the recovery of the Chinese economy has been slow and lacking strength.

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Market intervention in the foreign exchange market?

2022-10-24 11:58:00
In the foreign exchange market last weekend, the yen temporarily appreciated by more than 7 yen due to market intervention by the government and the Bank of Japan to sell the dollar and buy the yen. There is a view in the market that the government and the Bank of Japan are repeatedly intervening in the market.

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Market intervention in the foreign exchange market?

2022-10-24 10:35:00
In the foreign exchange market last weekend, the government and the Bank of Japan intervened in the market by selling the dollar and buying the yen. In the foreign exchange market on the 24th, the beginning of the week, the yen depreciated and then sharply moved in the direction of a strong yen. The view is spreading.

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Foreign exchange market Temporarily fluctuates sharply despite depreciation of the yen

2022-10-24 09:23:00
In the foreign exchange market last weekend, the government and the Bank of Japan intervened in the market by selling the dollar and buying the yen. In the foreign exchange market on the 24th, the beginning of the week, the yen depreciated temporarily, but it has been fluctuating wildly, such as a sudden appreciation of the yen.

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Mortgage loan “Flat 35” with the condition of meeting energy saving standards

2022-10-24 07:08:00
The Ministry of Land, Infrastructure, Transport and Tourism has set a condition for the long-term fixed-type housing loan "Flat 35" to meet certain energy-saving standards from April next year, and will encourage homes to take energy-saving measures.

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JETRO export survey Nearly half of each item saw an increase in volume, and the effect of the weaker yen

2022-10-24 04:30:00
In response to the rapid depreciation of the yen, JETRO (Japan External Trade Organization) investigated the impact on exports for each item, and found that nearly half of the export volumes increased. We can see that the depreciation of the yen has had a positive effect in some areas.

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Kyoto   Mt.Fuji


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