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

Economic news(2023/01/19)


Kyoto   Hakone

“Globalization will live on” Interview with Columbia University Touse

2023-01-19 22:00:00
At the annual meeting of the World Economic Forum, commonly known as the Davos Conference, where world leaders from the world's political and business world are held in Switzerland, the theme of this year is "dividing the world." We asked Adam Tooes, an economic historian and professor at Columbia University, how to face the divide.

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“Now is the time to change Japan.” Interview with Suntory President Niinami

2023-01-19 21:58:00
On the 18th, at the Davos Conference, a session titled "The Road to Revitalizing the Japanese Economy" was held. We asked Takeshi Niinami, president of Suntory Holdings, who participated as a panelist, about the issues facing the Japanese economy and what is needed to revitalize the economy.

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“Japan Needs Leadership” Interview with Chairman Higashihara of Hitachi, Ltd.

2023-01-19 21:56:00
Japanese executives also attend the annual general meeting of the World Economic Forum, commonly known as the “Davos Conference,” where leaders of the world's political and business circles are held in Switzerland. We asked Toshiaki Higashihara, chairman of Hitachi, Ltd., a major electronics manufacturer, who is participating in the conference, about what Japan should do as the theme of this year, "the division of the world," progresses.

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Keidanren Chairman Tokura "Focus on high prices and raise wages" to representatives of the Kansai business world

2023-01-19 18:52:00
Keidanren Chairman Tokura met with representatives of the Kansai business community in Osaka on the 19th and asked them to actively work on wage increases such as base increases, with an emphasis on price increases in this year's spring struggle.

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The yen exchange rate rises sharply due to the possibility that the Bank of Japan will revise monetary easing measures

2023-01-19 18:40:00
In the Tokyo foreign exchange market on the 19th, the yen was bought back due to speculation that the Bank of Japan might revise its large-scale monetary easing measures in the future, and the yen exchange rate rose significantly.

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NTT East to support edible cricket farming Information communication and AI utilization

2023-01-19 18:02:00
NTT East has decided to launch a new business to support the cultivation of edible crickets as the number of landline users is declining.

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Approximately 340,000 vehicles of 8 models, including Daihatsu Taft, recalled

2023-01-19 17:05:00
Daihatsu Motor Co., Ltd., an automobile manufacturer, has notified the Ministry of Land, Infrastructure, Transport and Tourism of a recall of about 340,000 vehicles of eight models, including the Taft, due to a program malfunction that may prevent the electric parking brake from being released.

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Why did Japan once become an export-oriented nation?

2023-01-19 16:57:00
Last year's trade statistics released by the Ministry of Finance showed the largest trade deficit in history due to the increase in imports due to the rise in energy prices such as crude oil and the record depreciation of the yen.

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Stock price drop Foreign exchange market appreciation of the yen against the dollar

2023-01-19 16:01:00
In response to the appreciation of the yen against the dollar on the Tokyo stock market and the foreign exchange market on the 19th, stock prices fell due to selling orders for export-related stocks.

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The trade deficit in 2022 will hit a record high of 19.9 trillion yen due to the effects of high crude oil prices and a weak yen

2023-01-19 10:19:00
Last year's trade statistics released by the Ministry of Finance showed the largest trade deficit in history due to the increase in imports due to the rise in energy prices such as crude oil and the record depreciation of the yen.

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The trade deficit in 2022 will hit a record high of 19.9 trillion yen due to the effects of high crude oil prices and a weak yen

2023-01-19 09:01:00
According to trade statistics released by the Ministry of Finance last year, the balance of trade, which is calculated by subtracting imports from exports, was a deficit of 19.9713 trillion yen. It is the largest single-year trade deficit since 1979, when comparable data are available. This is due to the rise in energy prices such as crude oil and the impact of record-breaking yen depreciation, which led to an increase in the amount of imports.

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NY Dow fell sharply over $600 Exchange rate temporarily rose to the mid-127 yen range

2023-01-19 07:04:00
In the New York stock market on the 18th, concerns about an economic slowdown increased following the announcement of economic indicators related to personal consumption in the United States, and the Dow Jones Industrial Average dropped sharply to over $600.

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U.S. Fed latest economic report price rise slows down in most districts

2023-01-19 06:31:00
The Federal Reserve Board, the central bank of the United States, has released its latest economic report, pointing out that although prices have risen in most districts, the pace of rise has slowed in many districts.

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Bank of Japan maintains large-scale monetary easing policy Correction observation deeply rooted and difficult steering

2023-01-19 05:45:00
The Bank of Japan decided to maintain its large-scale monetary easing measures at its monetary policy meeting held until the 18th. As the selection of the successor to Governor Kuroda, who will end his term in April, is in full swing, the market's view that the BOJ will revise its monetary easing measures is deep-rooted, and the BOJ will continue to be required to take a difficult steer.

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"Davos Conference" Debate on Japan's economic revitalization Shows the need for deregulation

2023-01-19 05:20:00
At the so-called "Davos Conference," which gathers leaders of the world's political and business circles, discussions were held on Japan's economic revitalization, and participants from Japan and overseas presented the need for deregulation and countermeasures such as raising wages.

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U.S. retail sales in December decreased by 1.1% month-on-month, falling below the previous month for two consecutive months

2023-01-19 02:37:00
U.S. retail sales fell 1.1% month-on-month last month, falling below the previous month for the second straight month, showing record inflation and interest rate hikes are hurting consumer spending. It took shape.

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Microsoft announces 10,000 job cuts About 5% of employees US IT major

2023-01-19 02:10:00
American IT giant Microsoft announced that it will cut 10,000 people, or about 5% of its workforce, due to the effects of the economic slowdown.

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Davos Meeting Challenges of the Japanese economy [Interview with former Australian Foreign Minister]

2023-01-19 01:54:00
In Davos, eastern Switzerland, the annual general meeting of the World Economic Forum, commonly known as the "Davos Conference," is held where world leaders in political and business circles gather. We asked former Australian Foreign Minister Julie Bishop, who participated in a session discussing the Japanese economy, about Japan's challenges.

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Kyoto   Mt.Fuji


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