Economic news(2022/10/31)
Exhibition event of "fintech" technology that fuses finance and IT in Hong Kong
2022-10-31 22:21:00
In Hong Kong, where there are concerns about the decline of its position as a financial center in Asia, an event was held to exhibit FinTech technology that fuses finance and IT. It is believed that the Hong Kong government aims to increase its presence through cutting-edge events.
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Nikko Securities interim financial results record largest deficit since 2009 Impact of market manipulation incident
2022-10-31 22:09:00
SMBC Nikko Securities announced on the 31st that the interim financial results for the six months until September showed a net loss of more than 9.4 billion yen due to a decline in stock and bond trading due to market manipulation incidents by executives. have become.
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Eurozone October consumer price index rose 10.7% year-on-year
2022-10-31 22:06:00
The consumer price index of 19 eurozone countries, including Germany and France, rose 10.7% in October compared to the same month of the previous year, marking the sixth straight month of record growth.
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Euro zone July-September GDP growth rate of 0.2%
2022-10-31 21:44:00
In 19 countries in the euro zone, including Germany and France, the growth rate of GDP = regional gross product from July to September was only +0.2%, and the pace of growth slowed down. Record-breaking inflation continues, and economic stagnation in personal consumption and corporate activity is becoming clearer.
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Panasonic half-year financial results Decrease in profit due to soaring raw material prices, down 29% year-on-year
2022-10-31 20:59:00
Panasonic Holdings' financial results for the six months to September saw a 29% drop in final profit compared to the same period the previous year due to factors such as soaring raw material prices. The company has revised down its final profit forecast for the current fiscal year, citing a decline in sales of smartphone-related parts and other items.
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Government/Bank of Japan October market intervention hits record high of 6.3499 trillion yen
2022-10-31 20:45:00
It was found that the total amount of dollar-selling and yen-buying market interventions implemented by the government and the Bank of Japan in October against the accelerating yen depreciation reached a record high of 6,349.9 billion yen.
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Bridgestone begins considering withdrawal from production business in Russia
2022-10-31 20:39:00
Bridgestone, a major tire manufacturer, has announced that it has begun to consider withdrawing from the production business in Russia due to the lack of prospects for local parts procurement due to the Russian military invasion.
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Euro zone consumer price index rose 10.7% year-on-year in October
2022-10-31 19:36:00
October consumer price indices for 19 eurozone countries, including Germany and France, were released, up 10.7% from the same month the previous year. In the market, there is a persistent view that consumer prices will continue to grow in double digits for the time being, and there are growing concerns about "stagflation," in which prices rise and the economy slows down at the same time.
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Yen exchange rate falls to the 148 yen level against the dollar Against the background of rising US long-term interest rates
2022-10-31 18:31:00
In the Tokyo foreign exchange market on the 31st, the beginning of the week, the movement to sell the yen and buy the dollar strengthened against the background of rising long-term interest rates in the United States, and the yen exchange rate fell to the 148 yen level to the dollar.
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Last fiscal year, total declared income of domestic companies exceeded 79.4 trillion yen, a record high
2022-10-31 18:12:00
Last year, the total amount of income declared by domestic companies was more than 79.4 trillion yen, an increase of more than 9 trillion yen from the previous fiscal year and a record high, according to a summary of the National Tax Agency.
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JR East half-year financial results Final profit of 27.1 billion yen Profitable for the first time in 3 years
2022-10-31 18:00:00
JR East's settlement of accounts for the entire group for the half year from April to September this year is that the number of railway users has recovered due to the fact that there were no restrictions on movement during the summer vacation period, so the final profit is this. It was the first time in three years that we were in the black.
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JR East interim financial results Final profit of 27.1 billion yen Surplus for the first time in 3 years
2022-10-31 16:48:00
JR East's financial results for the entire group from April to September this year showed a final profit of 27.1 billion yen.
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Stock price rises by more than 400 yen In response to the announcement of strong financial results of companies
2022-10-31 15:53:00
On the 31st of the week, the Tokyo stock market and the Nikkei Stock Average rose by more than 400 yen in response to the announcement of strong financial results by companies.
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The number of housing starts in September increased for the second consecutive month Against the background of the spread of telework
2022-10-31 15:38:00
Last month, 73,920 units of housing construction started nationwide, up 1% from the same month last year. This is the second consecutive month of increase, and it seems that the background is the solid demand for housing mainly in the Tokyo metropolitan area against the background of the spread of telework.
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The number of domestic guests in September increased by 71.9% compared to the same month last year, and the number of foreigners increased by 179.7%
2022-10-31 15:15:00
According to preliminary figures released by the Japan Tourism Agency, a total of 39.14 million people stayed at domestic hotels and inns in September, an increase of 71.9% from the same month last year. Of these, ▽ Japanese guests increased by 70.5%, and ▽ foreign guests increased by 179.7%, almost 2.8 times.
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"Consumer Confidence Index" Worsened for Second Consecutive Month Impacted by Soaring Prices
2022-10-31 15:14:00
The "Consumer Confidence Index" in October, which shows the willingness of consumers to shop, has deteriorated for the second consecutive month, as prices soared and the willingness to replace home appliances declined.
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The yen exchange rate is in the lower half of 148 yen to the dollar, and the view that US inflation is deep-rooted
2022-10-31 12:18:00
In the Tokyo foreign exchange market on the 31st, the beginning of the week, the view that the pace of interest rate hikes in the United States will slow down receded, and the movement to sell the yen and buy the dollar spread, and the yen exchange rate was in the lower 148 yen range to the dollar. It is traded at
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Nikkei average stock price rises over 400 yen Dow average stock price rises
2022-10-31 12:12:00
The Tokyo stock market on the 31st, the beginning of the week, and the US corporate financial results eased concerns about the future of the economy, and the Nikkei Stock Average rose by more than 400 yen.
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September's industrial production index fell for the first time in four months, down 1.6% from the previous month
2022-10-31 10:59:00
The Industrial Production Index, which shows corporate production activity, fell 1.6% in September from the previous month. Production had continued to grow since June as restrictions on going out in China were lifted, but it fell for the first time in four months as a reaction to that.
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The yen exchange rate is in the lower half of 148 yen to the dollar, and the view that US inflation is deep-rooted
2022-10-31 10:08:00
In the Tokyo foreign exchange market on the 31st, the beginning of the week, the movement to sell the yen and buy the dollar strengthened against the backdrop of the view that inflation in the United States is persistent, and the yen exchange rate is trading at the 148 yen level.
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September's industrial production index fell for the first time in four months, down 1.6% from the previous month
2022-10-31 09:19:00
The industrial production index for last month and September, which shows corporate production activities, was 98.6 with 2015 as 100, down 1.6% from the previous month and falling for the first time in four months. The Ministry of Economy, Trade and Industry (METI) maintained its basic assessment of production as "a gradual recovery trend."
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Widespread use of EV insurance Coverage for damage caused by dead batteries, etc.
2022-10-31 08:11:00
In order to encourage the introduction of EVs (electric vehicles) among companies, there is a growing movement to sell insurance for businesses that compensates for damage caused by dead batteries and breakdowns in charging facilities.
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Move to use "emissions trading" to measure CO2 absorption in forests by aircraft
2022-10-31 05:28:00
Toward the realization of a decarbonized society, the utilization of so-called "emissions trading" has become an issue. Companies are increasingly using aircraft to efficiently measure the amount of carbon dioxide absorbed by forests, which is necessary for trading.
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Moves toward business expansion, such as introduction of new models
2022-10-31 04:39:00
As the popularity of capsule toys, in which various ingenious products are put into capsules and sold, is increasing, vending machine manufacturers are strengthening strategies to expand their business, such as introducing new machines.
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