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

Economic news(2022/12/16)


Kyoto   Hakone

Compulsory automobile liability insurance premiums to be reduced from contracts in April next year

2022-12-16 22:49:00
It is expected that the insurance premiums for automobile liability insurance, which is compulsory for those who own cars and motorcycles, will be reduced from the contract in April next year.

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Outline of Tax Reform Prospects for Spread of EVs Examination of “Appropriate Burden of Automobile-related Taxation”

2022-12-16 21:17:00
Next fiscal year's tax reform outline will include consideration of a framework for the appropriate burden of automobile-related taxation by 2026, the deadline for eco-car tax reductions, as electric vehicles and other vehicles are expected to spread.

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Is the rabbit year market “bouncing”? [Economic column]

2022-12-16 20:44:00
There are only a few spots left for this year. Over the past year, the Japanese market has been at the mercy of extraordinary events such as Russia's military invasion and record inflation in the West. Next year, 2023, is the year of the rabbit, and in the market proverb, it is also said to “jump”. We will look ahead to next year's market to see if it will be a year of leaps forward. (Economic Department reporter Keiichiro Furuichi)

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"Japan Exchange Group" CEO Hiromi Yamamichi, president of TSE to be promoted

2022-12-16 19:56:00
The Japan Exchange Group, which owns the Tokyo Stock Exchange, has announced that CEO Akira Kiyota will resign and that he will be replaced by Tokyo Stock Exchange President Hiromi Yamamichi.

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Yen exchange rate drops sharply Selling the yen due to the observation that monetary tightening will continue in the United States and Europe

2022-12-16 18:19:00
In the Tokyo foreign exchange market on the 16th, the speculation that monetary tightening will continue in the United States and Europe has strengthened the movement to buy the dollar and euro and sell the yen, and the yen exchange rate fell sharply.

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Lawson Seijo Ishii withdraws listing application Comprehensive consideration of market trends

2022-12-16 18:17:00
Convenience store giant Lawson has announced that it has decided to withdraw its listing application on the Tokyo Stock Exchange for its subsidiary food supermarket Seijo Ishii.

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Chairman of the Federation of Electric Power Companies apologizes for cartel problems by power companies to prevent recurrence

2022-12-16 18:11:00
Kazuhiro Ikebe, chairman of the Federation of Electric Power Companies, apologized at a press conference on the 16th in response to the cartel problem by electric power companies. He said that the Japan Fair Trade Commission is currently reviewing the incident, and that he will work to prevent a recurrence.

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Senior Managing Director Tetsuya Kikuta Appointed as New President of Dai-ichi Life Holdings

2022-12-16 18:03:00
Senior Managing Director Tetsuya Kikuta has been appointed as the new president of Dai-ichi Life Holdings, a major life insurance company.

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Mutual direct operation of Sagami Railway and Tokyu Corporation to start on March 18 next year

2022-12-16 17:50:00
Sagami Railway, which operates in Kanagawa Prefecture, and Tokyu Corporation, which operates the Toyoko Line, will start direct operation from March 18 next year. This will lead to improved access between Kanagawa, Tokyo, and Saitama.

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Stock price drops by more than 500 yen, growing concern about economic slowdown

2022-12-16 16:23:00
In the Tokyo stock market on the 16th, concerns about the economic slowdown in the United States increased, and the Nikkei Stock Average fell by more than 500 yen in response to the stock price plunge in the New York stock market. Concerns about an economic slowdown increased after retail sales in the United States fell far below market expectations last month, and major stock indices plunged on the New York stock market on the 15th. In the stock market, sell orders were placed in a wide range of stocks.

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Stock price temporarily drops by more than 500 yen, growing concerns about economic slowdown

2022-12-16 16:15:00
In the Tokyo stock market on the 16th, concerns about the economic slowdown in the United States increased, and the Nikkei Stock Average fell by more than 500 yen in response to the stock price plunge in the New York stock market. Concerns about an economic slowdown increased after retail sales in the United States fell far below market expectations last month, and major stock indices plunged on the New York stock market on the 15th. In the stock market, sell orders were placed in a wide range of stocks.

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Sony considers new semiconductor factory in Kumamoto Prefecture Investment amount is hundreds of billions of yen

2022-12-16 16:00:00
It has become clear that the Sony Group is considering building a new semiconductor factory in Kumamoto Prefecture. The investment will be in the hundreds of billions of yen, and will expand the production capacity of semiconductors used in smartphone cameras.

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Suntory Holdings President Niinami appointed as next representative secretary of Keizai Doyukai

2022-12-16 15:50:00
Suntory Holdings President Takeshi Niinami has officially been appointed as the next representative secretary of the Keizai Doyukai.

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Twitter Suspends Account of Major Media Reporter Covering Musk

2022-12-16 15:23:00
On the 15th, social media giant Twitter took steps to suspend the accounts of several reporters, including the New York Times, which is in charge of interviewing Elon Musk, who bought the company.

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"Japan Exchange Group" CEO Hiromi Yamamichi, president of TSE to be promoted

2022-12-16 14:30:00
The Japan Exchange Group, which owns the Tokyo Stock Exchange, has announced that CEO Akira Kiyota will resign and that he will be replaced by Tokyo Stock Exchange President Hiromi Yamamichi.

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Toshiba management restructuring negotiations "try to reach a conclusion as soon as possible"

2022-12-16 14:07:00
Toshiba has issued a statement aiming for an early conclusion on negotiations for management restructuring proposed by investment funds to resolve management turmoil. The bank is making final adjustments to provide a loan of 1.2 trillion yen for the huge amount of funds required for restructuring, and the negotiations are reaching a major milestone.

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Stock price temporarily dropped by more than 500 yen Selling orders swelled in the afternoon

2022-12-16 13:56:00
In the Tokyo stock market on the 16th, selling orders increased in the afternoon, and the Nikkei Stock Average dropped by more than 500 yen at one point.

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Yen exchange rate drops sharply due to concerns about continued monetary tightening in the United States and Europe

2022-12-16 12:11:00
On the Tokyo foreign exchange market on the 16th, the yen exchange rate fell sharply as the movement to buy the dollar and euro and sell the yen increased due to a sense of caution that monetary tightening would continue in the United States and Europe.

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Nikkei stock average price drop of more than 400 yen Received stock price plunge in NY market

2022-12-16 12:09:00
On the 16th, the Tokyo stock market and the US economic slowdown increased concerns, and the Nikkei Stock Average fell by more than 400 yen in response to the stock price plunge in the New York stock market.

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Discussing the complete privatization of Shoko Chukin Bank, which was discovered to be fraudulent, began.

2022-12-16 11:32:00
Discussions have begun among experts on whether to completely privatize the Shoko Chukin Bank, a government-affiliated financial institution that was exposed to large-scale fraud six years ago. The Ministry of Economy, Trade and Industry, which has jurisdiction over the matter, is aiming for an early conclusion.

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Nikkei stock average price drop of more than 400 yen Received stock price plunge in NY market

2022-12-16 09:12:00
The Tokyo stock market on the 16th and the Nikkei Stock Average fell by more than 400 yen. Concerns about an economic slowdown increased after retail sales in the United States fell far below market expectations last month, and major stock indices plunged on the New York stock market on the 15th. In the Tokyo stock market on the day, sell orders are spreading immediately after the start of trading.

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NY Dow plunges over $900 at one point, exchange rate depreciates to the first half of the 138 yen range

2022-12-16 06:52:00
In the New York financial market on the 15th, the Dow Jones Industrial Average fell sharply above 900 dollars at one point due to concerns about an economic slowdown following the announcement of US retail sales and the expectation that interest rate hikes will continue next year. In addition, the yen depreciated to the lower half of 138 yen to the dollar.

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``Off-peak commuter pass'' to be introduced by JR East, verification of congestion mitigation effect

2022-12-16 04:54:00
It is expected that JR East will introduce an "off-peak commuter pass" that will be cheaper if you avoid the morning rush hour. On the other hand, the council of the Ministry of Land, Infrastructure, Transport and Tourism demanded that the introduction be limited to a certain period of time and that the effects of congestion alleviation should be verified.

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Managing Director Akihiro Fukudome appointed as new president of Sumitomo Mitsui Banking Corporation

2022-12-16 04:26:00
Senior Managing Director Akihiro Fukudome has been appointed as the new president of Sumitomo Mitsui Banking Corporation. This is the first time that a person from the former Mitsui Bank has become the president of Sumitomo Mitsui Banking Corporation.

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European Central Bank decides to raise interest rate by 0.5%

2022-12-16 00:58:00
The European Central Bank held a meeting to decide monetary policy on the 15th and decided to raise interest rates by 0.5%. The Fed has raised interest rates by 0.75% twice in a row so far, but this time it has reduced the amount of hikes. It seems that consideration was also given to the economy.

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Kyoto   Mt.Fuji


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