G20 Finance Ministers and Central Bank Governors Meeting: Debt Problems of Emerging Countries Discussed on First Day
2023-02-24 22:53:00
インド・ベンガルールで開かれているG20＝主要20か国の財務相・中央銀行総裁会議は、新興国の債務問題への対応などについて意見が交わされ、初日の議論を終えました。
Economic news(2023/02/24)
The relationship between the Bank of Japan and the fiscal "Joint Statement" [Economic Column]
2023-02-24 21:55:00
On the 24th, the House of Representatives heard the opinion and questioned economist Kazuo Ueda, who was presented by the government as a candidate to succeed Kuroda, the governor of the Bank of Japan. This column will focus on the "joint statement" of the government and the Bank of Japan, which raised many questions during the policy hearing. The "Joint Statement" includes the phrase "establishment of a sustainable fiscal structure" along with the "2% price stability target." However, over the past decade, Japan's fiscal situation has become increasingly severe, and some say that fiscal discipline has loosened. We examined what kind of role the "Joint Statement" played in Japan's fiscal management. (Economics Department reporter Neil Kato)
What are the future risks?
2023-02-24 20:06:00
After Russia's invasion of Ukraine, the prices of various things rose, and our lives in Japan were greatly affected. "The world has changed fundamentally since the invasion," warned some experts, "with increasing conflicts and increasing costs of trading goods." We've compiled data on the impact this year has had on the global economy, the risks that follow, and whether the Russian economy will weaken.
Soaring prices in Japan continue to affect life One year after the invasion of Ukraine
2023-02-24 19:31:00
The prolonged Russian invasion of Ukraine has led to soaring energy and raw material prices. It has also brought record high prices to Japan, and the impact on people's lives continues.
China BYD Uses hazardous chemical substance hexavalent chromium in EV buses sold in Japan
2023-02-24 19:21:00
BYD, a major Chinese EV = electric vehicle, has revealed that it uses the chemical substance hexavalent chromium for EV buses sold in Japan. Hexavalent chromium is a chemical substance that is harmful to the human body, and its use is prohibited by the Japan Automobile Manufacturers Association, an industry organization, as a voluntary regulation.
Yen exchange rate selling and buying mixed Bank of Japan governor candidate over Mr. Ueda's remarks
2023-02-24 18:54:00
On the 24th, the Tokyo foreign exchange market saw a mix of buying and selling over remarks by Mr. Ueda, the candidate to succeed Kuroda, the governor of the Bank of Japan.
Kansai Electric Power Co., Ltd. Partial voluntary suspension of sales activities Prioritization of training for unauthorized viewing of customer information
2023-02-24 18:33:00
In response to problems such as employees illegally browsing customer information of competitors owned by a subsidiary, Kansai Electric Power announced that it will refrain from some sales activities until the end of April, giving priority to training and education. bottom.
Electricity charges for April billing 9 major companies to raise compared to the previous month
2023-02-24 17:42:00
The 10 major electric power companies have announced the electricity charges for April billing this year. Based on the fact that the government has applied for a price increase, it is said that 9 out of 10 companies will be higher than the previous month.
Fujitec Extraordinary General Meeting of Shareholders Dismissal of 3 Outside Directors Approved
2023-02-24 17:27:00
An extraordinary general meeting of shareholders of Fujitec, an elevator manufacturer headquartered in Hikone City, Shiga Prefecture, was held, and three out of five voted in favor of the dismissal of an outside director proposed by an investment fund in Hong Kong. it was done. Furthermore, four of the six outside director candidates selected by the fund are likely to be selected, deepening the management confusion.
January Department store sales increased by 15.1% from the same month of the previous year, increasing for 11 consecutive months
2023-02-24 17:11:00
Sales at department stores across the country continue to recover. Last month's sales compiled by the Japan Department Stores Association were more than 431.1 billion yen, and when compared with existing stores, they exceeded the same month of the previous year by 15.1%, marking the 11th consecutive month of positive growth.
Stock price rise Bank of Japan governor candidate Ueda remarks to continue monetary easing
2023-02-24 17:00:00
On the Tokyo stock market on the 24th, after the holiday, stock prices rose as the continuation of monetary easing was conscious in response to the remarks of Mr. Ueda, the candidate to succeed Kuroda, the governor of the Bank of Japan.
About 120,000 Isuzu trucks recalled May damage engines
2023-02-24 16:34:00
Isuzu Motors has recalled close to 120,000 small trucks due to the fact that there is a defect in some of the devices related to brake operation, and in the worst case, the engine may be damaged and the engine may stall, leaving the vehicle unable to move. I submitted it to the Ministry of Transport.
[Details] Hearing opinions from Mr. Kazuo Ueda, a candidate for the governor of the Bank of Japan
2023-02-24 16:01:00
Kazuo Ueda, an economist and former deliberative member of the Bank of Japan, who was proposed by the government as a candidate to succeed Governor Kuroda of the Bank of Japan, was heard and questioned at the Steering Committee of the House of Representatives. Ueda indicated that the current large-scale monetary easing will continue, and that there is no need to change the joint statement by the government and the Bank of Japan, which includes a 2% price stability target, for the time being.
[Breaking news] Bank of Japan governor candidate Kazuo Ueda and others are interviewed
2023-02-24 14:57:00
On the 14th of last week, the government submitted to the Diet a plan to appoint economist Kazuo Ueda, a former deliberative committee member of the Bank of Japan, to succeed Kuroda as Governor of the Bank of Japan. He also proposes to appoint Shinichi Uchida, a member of the Board of Governors of the Bank of Japan, and Ryozo Himino, former Commissioner of the Financial Services Agency, as the two deputy governors. On the 24th, the House of Representatives Steering Committee is listening to the opinions of three candidates for the president and vice president and asking questions. In his speech, Ueda indicated that the current large-scale monetary easing would continue, and that there was no need to change the joint statement by the government and the Bank of Japan, which included a price stability target of 2%, for the time being. We will inform you of the beliefs and questions of the three people in a flash report on this timeline.
[Breaking news] Bank of Japan governor candidate Kazuo Ueda and others are interviewed
2023-02-24 14:13:00
On the 14th of last week, the government submitted to the Diet a plan to appoint economist Kazuo Ueda, a former deliberative committee member of the Bank of Japan, to succeed Kuroda as Governor of the Bank of Japan. He also proposes to appoint Shinichi Uchida, a member of the Board of Governors of the Bank of Japan, and Ryozo Himino, former Commissioner of the Financial Services Agency, as the two deputy governors. On the 24th, the House of Representatives Steering Committee is listening to the opinions of three candidates for the president and vice president and asking questions. In his speech, Ueda indicated that the current large-scale monetary easing would continue, and that there was no need to change the joint statement by the government and the Bank of Japan, which included a price stability target of 2%, for the time being. The hearing of Mr. Kazuo Ueda at the House of Representatives Steering Committee ended at 12:16 p.m. At 1:00 p.m., the Bank of Japan Governor Shinichi Uchida, who is a candidate for the position of Deputy Governor of the Bank of Japan, and Ryozo Himino, former Commissioner of the Financial Services Agency, began hearing their opinions. We will inform you of the beliefs and questions of the three people in a flash report on this timeline.
January consumer price index rose 4.2% compared to the same month last year, the first level in 41 years and 4 months
2023-02-24 14:00:00
The January consumer price index, which looks at the price movements of goods and services consumed at home, rose 4.2% from the same month last year, excluding fresh food, which fluctuates greatly depending on the weather. The 4.2% increase rate is the first level in 41 years and 4 months since September 1981.
[Breaking news] Bank of Japan governor candidate Kazuo Ueda and others are interviewed
2023-02-24 13:09:00
On the 14th of last week, the government submitted to the Diet a plan to appoint economist Kazuo Ueda, a former deliberative committee member of the Bank of Japan, to succeed Kuroda as Governor of the Bank of Japan. He also proposes to appoint Shinichi Uchida, a member of the Board of Governors of the Bank of Japan, and Ryozo Himino, former Commissioner of the Financial Services Agency, as the two deputy governors. On the 24th, the House of Representatives Steering Committee is listening to the opinions of three candidates for the president and vice president and asking questions. In his speech, Ueda indicated that the current large-scale monetary easing would continue, and that there was no need to change the joint statement by the government and the Bank of Japan, which included a price stability target of 2%, for the time being. The hearing of Mr. Kazuo Ueda at the House of Representatives Steering Committee ended at 12:16 p.m. At 1:00 p.m., the Bank of Japan Governor Shinichi Uchida, who is a candidate for the position of Deputy Governor of the Bank of Japan, and Ryozo Himino, former Commissioner of the Financial Services Agency, began hearing their opinions. We will inform you of the beliefs and questions of the three people in a flash report on this timeline.
Yen exchange rate temporarily drops BOJ successor candidate Mr. Ueda's remarks
2023-02-24 12:43:00
In the Tokyo foreign exchange market on the 24th, there was a growing view that monetary easing would continue in response to the remarks by Mr. Ueda, the candidate to succeed Kuroda, the governor of the Bank of Japan, and the yen exchange rate temporarily fell to the 134.90 level against the dollar. , and after that, buying and selling are mixed.
[Breaking news] Bank of Japan governor candidate Kazuo Ueda and others are interviewed
2023-02-24 12:04:00
On the 14th of last week, the government submitted to the Diet a plan to appoint economist Kazuo Ueda, a former deliberative committee member of the Bank of Japan, to succeed Kuroda as Governor of the Bank of Japan. He also proposes to appoint Shinichi Uchida, a member of the Board of Governors of the Bank of Japan, and Ryozo Himino, former Commissioner of the Financial Services Agency, as the two deputy governors. On the 24th, the House of Representatives Steering Committee is listening to the opinions of three candidates for the president and vice president and asking questions. In his speech, Ueda indicated that the current large-scale monetary easing would continue, and that there was no need to change the joint statement by the government and the Bank of Japan, which included a price stability target of 2%, for the time being. We will inform you of the beliefs and questions of the three people in a flash report on this timeline.
Nikkei Stock Average temporarily rises by more than 300 yen due to Mr. Ueda's remarks
2023-02-24 11:58:00
On the Tokyo stock market on the 24th, after the holiday, stock prices rose as there was a sense of continuation of monetary easing in response to the remarks of Mr. Ueda, the candidate to succeed Kuroda, the governor of the Bank of Japan.
January consumer price index rose 4.2% compared to the same month last year, the first level in 41 years and 4 months
2023-02-24 11:33:00
The January consumer price index, which looks at the price movements of goods and services consumed at home, rose 4.2% from the same month last year, excluding fresh food, which fluctuates greatly depending on the weather. The 4.2% increase rate is the first level in 41 years and 4 months since September 1981.
[Breaking news] Bank of Japan governor candidate Kazuo Ueda and others are interviewed
2023-02-24 11:12:00
On the 14th of last week, the government submitted to the Diet a plan to appoint economist Kazuo Ueda, a former deliberative committee member of the Bank of Japan, to succeed Kuroda as Governor of the Bank of Japan. He also proposes to appoint Shinichi Uchida, a member of the Board of Governors of the Bank of Japan, and Ryozo Himino, former Commissioner of the Financial Services Agency, as the two deputy governors. On the 24th, the House of Representatives Steering Committee is listening to the opinions of three candidates for the president and vice president and asking questions. In his speech, Ueda indicated that the current large-scale monetary easing would continue, and that there was no need to change the joint statement by the government and the Bank of Japan, which included a price stability target of 2%, for the time being. We will inform you of the beliefs and questions of the three people in a flash report on this timeline.
Nikkei Stock Average temporarily rises by more than 300 yen due to Mr. Ueda's remarks
2023-02-24 10:45:00
On the 24th, after economist Kazuo Ueda, who was presented by the government as a candidate to succeed Kuroda, the governor of the Bank of Japan, said at a meeting of the House of Representatives Members' Committee on the 24th that it would be appropriate to continue monetary easing. In the Tokyo stock market, the view that the Bank of Japan's current large-scale monetary easing will continue spreads, and the Nikkei Stock Average temporarily rose by more than 300 yen.
[Breaking news] Bank of Japan governor candidate Kazuo Ueda and others are interviewed
2023-02-24 10:14:00
On the 14th of last week, the government submitted to the Diet a plan to appoint economist Kazuo Ueda, a former deliberative committee member of the Bank of Japan, to succeed Kuroda as Governor of the Bank of Japan. He also proposes to appoint Shinichi Uchida, a member of the Board of Governors of the Bank of Japan, and Ryozo Himino, former Commissioner of the Financial Services Agency, as the two deputy governors. On the 24th, the House of Representatives Steering Committee is listening to the opinions of three candidates for the president and vice president and asking questions. The hearing to Mr. Ueda started at 9:30 am as scheduled. We will inform you of the beliefs and questions of the three people in a flash report on this timeline.
January consumer price index up 4.2% compared to the same month last year, rising for the first time in 41 years and 4 months
2023-02-24 08:46:00
The January consumer price index, which looks at the price movements of goods and services consumed at home, rose by 4.2% from the same month last year, excluding fresh food, which fluctuates greatly depending on the weather. The 4.2% increase rate is the first level in 41 years and 4 months since September 1981. Prices continue to rise, mainly due to rising prices of food, electricity, and gas.
Support for decarbonization efforts of companies in the financial industry Strengthen consulting
2023-02-24 06:36:00
As decarbonization, such as reducing greenhouse gases, becomes an issue among companies, there is a growing movement in the financial industry to support corporate efforts, such as by strengthening consulting services in this field.
G7 Finance Ministers and Central Bank Governors Meeting Announces Increased Aid to Ukraine
2023-02-24 01:42:00
The G20 = Finance Ministers and Central Bank Governors Meeting of 20 major countries will be held in Bengaluru, southern India, for two days from the 24th. Prior to this, on the night of the 23rd, Japan time, a meeting of the G7 = seven major countries chaired by Japan was held locally, and a joint statement was announced that included an increase in the amount of aid to Ukraine. I was.
Bank of Japan governor appointment to hearing and questioning Ueda, etc. House of Representatives Steering Committee
2023-02-24 00:46:00
A hearing and questioning of economist Kazuo Ueda, who has been proposed by the government as a candidate for the successor to Governor Kuroda of the Bank of Japan, will take place on the 24th. The focus will be on Mr. Ueda's stance on the evaluation of the large-scale monetary easing that continued for 10 years under Governor Kuroda and the direction of monetary policy.
