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

Economic news(2023/03/10)


Kyoto   Hakone

NY yen exchange rate temporarily rises to 1 dollar = lower 134 yen level

2023-03-10 23:49:00
In response to the release of the US employment statistics, on the 10th in the New York foreign exchange market, the yen exchange rate temporarily hit the low 134 yen level to the dollar, rising by more than 2 yen compared to before the release of the statistics. With the rate of increase in the average hourly wages of workers falling below market expectations, concerns over the fact that it will take time for inflation to settle and the pace of interest rate hikes to accelerate have receded, and moves to sell the dollar and buy the yen have strengthened. I was. A market insider said, ``The management problems of American banks were reported, and there was a move to buy US government bonds as a safe asset, and interest rates fell. Yen buying is progressing," he said.

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Employment statistics for February in the United States, more than 310,000 people were employed from the previous month, exceeding market expectations

2023-03-10 22:44:00
US employment data for February was released, and the number of non-agricultural workers increased by 311,000 from the previous month, exceeding market expectations. The unemployment rate was 3.6%, up 0.2 percentage points from the previous month, but it remained at a low level, reiterating the continued labor shortage, which has been pointed out as a factor behind rising prices. Attention will be paid to what kind of policy decisions the Federal Reserve Board, the central bank of the United States, will make at the meeting to decide monetary policy in March.

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Ask an expert about the challenges of the new Bank of Japan system [Details in QA]

2023-03-10 22:33:00
On the 10th, the Diet agreed to a personnel proposal to appoint Kazuo Ueda as the new governor of the Bank of Japan. Mr. Ueda will take office on the 9th of next month to succeed Mr. Kuroda. We asked Izuru Kato, chief economist of Totan Research, who is familiar with monetary policy, about the issues facing the new system of the Bank of Japan.

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Promoting Fukushima products in Hong Kong Selling rice, sake, etc.

2023-03-10 22:18:00
In Hong Kong, a major export destination of Japanese food, an event to promote the products of Fukushima Prefecture began on the 10th.

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Japan Display to sell Aichi factory to Sony Group

2023-03-10 21:04:00
Japan Display, a liquid crystal panel maker, announced that it will sell its factory in Aichi Prefecture, which will end production this month, to a semiconductor manufacturer of the Sony Group.

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Mitsubishi Motors to invest up to 1.8 trillion yen in electric vehicle development

2023-03-10 19:28:00
Mitsubishi Motors Corporation has announced plans to invest up to 1.8 trillion yen in the development of EVs (electric vehicles) by fiscal 2030. This is to respond to the increasingly fierce development competition in the world, and the policy is to make all new vehicles sold in fiscal 2035 electrified vehicles such as EVs.

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Shunto Japan Airlines 7,000 yen base increase exceeds the amount requested by the labor union

2023-03-10 19:07:00
Japan Airlines responded that it will raise the base by 7000 yen in this year's spring battle. It exceeds the amount requested by the largest labor union by 1,000 yen.

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Chinese New Car Sales Increased by 13.5% Year-on-Year in February, First Increase in 4 Months

2023-03-10 18:37:00
New car sales in China last month increased by 13.5% compared to the same month last year, the first increase in four months, and the focus will be on whether the recovery will continue.

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Zenroren average monthly wage increase of 5,645 yen “Continue negotiations despite price increases”

2023-03-10 18:35:00
At this year's spring labor offensive, the labor organization "Zenroren" compiled the responses provided by management so far. The proposed wage increase is 5645 yen per month on average, or 2.07% at a rate of 2.07%, which is higher than the same period last year, but is not commensurate with the price increase, and will continue negotiations.

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Yen exchange rate temporarily depreciates by about 1 yen due to the maintenance of large-scale monetary easing measures by the Bank of Japan

2023-03-10 18:34:00
In the Tokyo foreign exchange market on the 10th, the yen was sold rapidly after the Bank of Japan decided to maintain the current large-scale monetary easing measures at the monetary policy meeting, and the yen exchange rate temporarily fell against the dollar. The price fluctuated wildly, with the yen depreciating by about 1 yen.

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Bank of Japan Governor Kuroda looks back on 10 years after the final meeting [details]

2023-03-10 16:56:00
The Bank of Japan decided to maintain the current large-scale monetary easing measures at the monetary policy meeting held until the 10th. This was the last meeting for Governor Kuroda, who will end his term next month. Governor Kuroda held a press conference at 3:30 p.m. How will he look back on his 10 years as Governor of the Bank of Japan, and what will he entrust to the new regime? I will tell you his remarks on the timeline.

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Bank of Japan Governor Kuroda looks back on 10 years, press conference after the last meeting [breaking news]

2023-03-10 16:09:00
The Bank of Japan decided to maintain the current large-scale monetary easing measures at the monetary policy meeting held until the 10th. This was the last meeting for Governor Kuroda, who will end his term next month. Governor Kuroda held a press conference at 3:30 p.m. How will he look back on his 10 years as Governor of the Bank of Japan, and what will he entrust to the new regime? I will report on his remarks in a flash report.

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Nine industries added to foreign exchange law restrictions on foreign investment to strengthen economic security

2023-03-10 16:05:00
In order to strengthen economic security, the government has decided to add nine industries, such as semiconductors and storage batteries, to the Foreign Exchange Law, which restricts investment by foreign investors.

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Long-term interest rates drop to 0.385% Following the maintenance of large-scale monetary easing measures

2023-03-10 15:53:00
In the bond market on the 10th, long-term interest rates fell to 0.385% as the Bank of Japan decided to maintain the current large-scale monetary easing measures at its monetary policy meeting. bottom.

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Stock price temporarily fell by more than 500 yen due to the BOJ's large-scale monetary easing measures

2023-03-10 15:46:00
On the 10th, the Tokyo stock market and the Nikkei Stock Average fell by more than 500 yen at one point.

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Bank of Japan Governor Kuroda looks back on 10 years to press conference after final meeting [Updated as needed]

2023-03-10 15:15:00
日銀は10日まで開いた金融政策決定会合で、いまの大規模な金融緩和策を維持することを決めました。今回は、来月、任期を終える黒田総裁にとって最後の会合でした。黒田総裁は午後3時半から記者会見します。日銀総裁としての10年間をどう振り返り、新体制に何を託すのか。発言を速報でお伝えします。

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Long-term interest rates drop to 0.445% Following the maintenance of large-scale monetary easing measures

2023-03-10 15:08:00
In the bond market on the 10th, long-term interest rates fell to 0.445% as the Bank of Japan decided to maintain the current large-scale monetary easing measures at its monetary policy meeting. bottom. When government bonds are bought, their prices rise and interest rates fall. Yields on government bonds fell to 0.445% in afternoon trading.

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Interview with an expert Q&A on Governor Kuroda's 10-year evaluation Challenges of the new BOJ system

2023-03-10 15:04:00
We interviewed two experts about their evaluation of the 10-year monetary policy management under Governor Kuroda of the Bank of Japan and the issues facing the new system of the Bank of Japan. It is summarized in Q&A format.

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With the WTO suspended, Japan is also in the framework of a provisional settlement for participation by 52 countries.

2023-03-10 14:28:00
In response to the fact that some of the dispute settlement procedures of the WTO (World Trade Organization) have stopped functioning, the Japanese government has joined the framework for a temporary settlement in which the EU (European Union) and China are participating. I decided to

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Long-term interest rates drop to 0.445% Following the maintenance of large-scale monetary easing measures

2023-03-10 14:08:00
In the bond market on the 10th, the long-term interest rate fell to 0.445% as the Bank of Japan decided to maintain the current large-scale monetary easing policy at the monetary policy meeting.

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Stock price temporarily dropped by more than 400 yen. Overall decline due to maintenance of large-scale monetary easing

2023-03-10 13:20:00
On the 10th, the Tokyo stock market and the Nikkei stock average fell by more than 400 yen at one point. In response to the Bank of Japan's decision to maintain the current large-scale monetary easing measures at a meeting to decide monetary policy, selling orders for a wide range of stocks including banks have expanded, leading to an overall decline.

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Yen exchange rate About 1 yen depreciates due to the maintenance of large-scale monetary easing measures by the Bank of Japan

2023-03-10 13:08:00
In the Tokyo foreign exchange market on the 10th, the yen depreciated by about 1 yen against the dollar after the Bank of Japan decided to maintain the current large-scale monetary easing measures at its monetary policy meeting. Did.

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Bank of Japan decides to maintain large-scale monetary easing measures Governor Kuroda's final decision meeting

2023-03-10 12:11:00
The Bank of Japan decided to maintain the current large-scale monetary easing measures at the monetary policy meeting held for two days until the 10th. This will be the last meeting for Governor Kuroda, who will end his term next month, and the large-scale monetary easing measures that have been in place for 10 years will be handed over to the new regime.

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Chief Cabinet Secretary “Handling of joint statement by government and Bank of Japan Need to discuss with new governor”

2023-03-10 12:03:00
At a press conference, Chief Cabinet Secretary Matsuno discussed the handling of the current joint statement by the government and the Bank of Japan, which targets a 2% price increase rate to overcome deflation, after Kazuo Ueda becomes the new governor of the Bank of Japan next month. expressed a recognition that it was necessary to

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Corporate Goods Price Index in February increased by 8.2% year-on-year, slowing growth

2023-03-10 11:42:00
The preliminary Corporate Goods Price Index, which shows the price of goods traded between companies, rose 8.2% in February compared to the same month the previous year. The rate of electricity and gas has been lowered due to the effect of the government's economic measures, and the growth has slowed down compared to January.

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Monetary easing called “Kuroda Bazooka” 10 years of Bank of Japan Governor Kuroda

2023-03-10 10:57:00
Under Governor Kuroda, who assumed office in March 2013, the Bank of Japan has set a goal of achieving its 2% inflation target in about two years. We aimed to break away from deflation by embarking on dimensional easing. The large-scale monetary easing, also known as the “Kuroda Bazooka,” corrected the historical appreciation of the yen at the time and pushed stock prices higher.

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Economist Kazuo Ueda to become Bank of Japan governor next month

2023-03-10 10:47:00
The government's appointment of economist Kazuo Ueda as the next governor of the Bank of Japan and two new deputy governors was passed at the plenary session of the House of Councillors and approved by the Diet. Mr. Ueda will take office next month, making him the first post-war president from an academic background.

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Economist Kazuo Ueda to become Bank of Japan governor next month

2023-03-10 10:12:00
The government's personnel proposal to appoint economist Kazuo Ueda as the next governor of the Bank of Japan was passed at the plenary session of the House of Councillors and approved by the Diet. Ueda will take office next month, making him the first post-war president from an academic background.

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January Family Income and Expenditure Survey down 0.3% year-on-year Decrease for 3 consecutive months

2023-03-10 10:09:00
According to the January Family Income and Expenditure Survey, the amount of money spent by households with two or more people in real terms, excluding price fluctuations, decreased by 0.3% from the same month of the previous year. This is the third straight month of decline.

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Government Cabinet decides on a bill to privatize the Shoko Chukin Bank

2023-03-10 09:31:00
Regarding the government-affiliated financial institution "Shoko Chukin Bank", the government decided at the cabinet meeting on the 10th to privatize all the shares held by the government.

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Corporate Goods Price Index in February increased by 8.2% year-on-year, slowing growth

2023-03-10 09:16:00
Last month's corporate goods price index, which shows the price of goods traded between companies, rose 8.2% from the same month a year earlier. Growth has slowed since January's 9.5% rise. The reason for the slowdown in the rate of increase is the decline in electricity and city gas rates due to the effects of the fall in crude oil prices and the government's economic measures. On the other hand, according to the preliminary figures, it is at a high level, following the record high of 119.3 in January, when the average for 2020 is 100.

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January Family Income and Expenditure Survey down 0.3% year-on-year Decrease for 3 consecutive months

2023-03-10 08:59:00
According to a household survey released by the Ministry of Internal Affairs and Communications in January, the amount of money spent on consumption by households with two or more people decreased by 0.3% from the same month of the previous year in real terms, excluding price fluctuations. Consumption per household was 301,646 yen, the third consecutive month of decline. In terms of the breakdown, expenditure on ▽ “housing” decreased by 12.1%, and expenditure on ▽ “food” decreased by 0.5%.

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NY Dow drops significantly over $ 500 U.S. employment situation is solid and inflation warning

2023-03-10 07:16:00
In the New York stock market on the 9th, sell orders swelled due to a sense of caution that the employment situation in the United States was firm and it would take time for inflation to converge, and the Dow Jones Industrial Average fell sharply above $ 500.

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``National travel support'' to be implemented in the new fiscal year, except during long holidays

2023-03-10 05:21:00
Regarding the "National Travel Support", a measure to stimulate tourism demand that allows discounts on travel fees, the government plans to implement it in FY2023 as long as the budget allocated to prefectures continues.

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Kyoto   Mt.Fuji


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