Economic news(2023/03/13)
[Video also] President Biden's speech calls for calm after a series of bank failures
2023-03-13 23:32:00
President Biden delivered a speech on the 13th in response to the bankruptcy of America's "Silicon Valley Bank" and "Signature Bank", calling for calm to the people and companies. ●Video of the entire speech (4 minutes 31 seconds). ●The translation displayed in the video is by AI. Due to the system under development, some translations may be incomplete. (Videos cannot be viewed in data broadcasting.)
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[Video also] President Biden's speech calls for calm after a series of bank failures
2023-03-13 22:41:00
In response to the bankruptcy of America's "Silicon Valley Bank" and "Signature Bank", President Biden gave a speech from around 10:00 pm on the 13th Japan time. ●Video of the entire speech (4 minutes 31 seconds). ●The translation displayed in the video is by AI. Due to the system under development, some translations may be incomplete. (Videos cannot be viewed in data broadcasting.)
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Background and impact of successive bank failures in the United States [Details in Q&A]
2023-03-13 21:52:00
We asked Mr. Toshiyuki Suzuki, a former MUFG Bank economist who is familiar with American monetary policy, about the collapse of the US Silicon Valley Bank and Signature Bank.
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'Silicon Valley Bank' British entity acquired by 'HSBC', deposits protected
2023-03-13 21:45:00
On the 13th, the British government announced that the British corporation of the bankrupt American "Silicon Valley Bank" will be acquired by "HSBC", a major financial institution, and customer deposits will be protected.
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European stock markets fall sharply, fear of US bank failure spreads
2023-03-13 21:26:00
In the European stock market on the 13th, sell orders swelled due to a sense of caution that the impact of the bankruptcies of American banks would spread one after another, and stock prices fell sharply in various places.
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"Gold" price rises to 9000 yen per gram
2023-03-13 20:32:00
The price of gold, which is considered a safe-haven asset, is rising after a series of bankruptcies in the United States, and the retail price of gold handled by major Japanese precious metal companies is the highest ever It has risen to 9000 yen per gram.
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Ito-Yokado founder Masatoshi Ito passes away Laying the foundation for Seven & i
2023-03-13 19:06:00
Masatoshi Ito, honorary chairman of the major supermarket chain Ito-Yokado, who laid the foundation for Seven & i Holdings, which owns general supermarkets and convenience stores, passed away on March 10. he was 98 years old.
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Stock price temporarily dropped by more than 500 yen US bank bankruptcy successive sell orders
2023-03-13 18:47:00
At the beginning of the week on the 13th, the Tokyo stock market and the Nikkei Stock Average fell by more than 500 yen at one point, and fell almost entirely.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 18:22:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying, "We have approved measures to complete the bankruptcy process of Silicon Valley Bank in a way that protects all depositors." Did. With the unusual measure to dispel concerns about the financial system, deposits that were not eligible for protection will also be rescued.
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Yen exchange rate rises sharply. Rough price movements due to successive bankruptcies
2023-03-13 18:19:00
In the foreign exchange market on the 13th, the beginning of the week, following a series of bankruptcies in the United States, the movement to sell the dollar and buy the yen strengthened, and the yen exchange rate rose sharply.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 17:47:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying, "We have approved measures to complete the bankruptcy process of Silicon Valley Bank in a way that protects all depositors." Did. With the unusual measure to dispel concerns about the financial system, deposits that were not eligible for protection will also be rescued.
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Stock price temporarily dropped by more than 500 yen US bank bankruptcy successive sell orders
2023-03-13 17:25:00
At the beginning of the week on the 13th, the Tokyo stock market and the Nikkei Stock Average fell by more than 500 yen at one point, and fell almost entirely.
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Stock price temporarily dropped by more than 500 yen US bank bankruptcy successive sell orders
2023-03-13 17:06:00
At the beginning of the week on the Tokyo stock market on the 13th, following the bankruptcies of American banks one after another, sell orders spread, mainly for bank stocks, and the Nikkei Stock Average dropped by more than 500 yen at one point.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 16:35:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying, "We have approved measures to complete the bankruptcy process of Silicon Valley Bank in a way that protects all depositors." Did. With the unusual measure to dispel concerns about the financial system, deposits that were not eligible for protection will also be rescued.
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President Biden hastily delivered a speech and announced two banks' bankruptcies
2023-03-13 15:23:00
In response to the bankruptcy of America's "Silicon Valley Bank" and "Signature Bank", the White House said that President Biden will give a speech at 8:00 am local time on the 13th, after 9:00 pm Japan time on the 13th. Announced.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 15:22:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying, "We have approved measures to complete the bankruptcy process of Silicon Valley Bank in a way that protects all depositors." Did. With the unusual measure to dispel concerns about the financial system, deposits that were not eligible for protection will also be rescued.
TOP
Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 15:06:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying, "We have approved measures to complete the bankruptcy process of Silicon Valley Bank in a way that protects all depositors." Did. With the unusual measure to dispel concerns about the financial system, deposits that were not eligible for protection will also be rescued.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 13:34:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying, "We have approved measures to complete the bankruptcy process of Silicon Valley Bank in a way that protects all depositors." Did. With the unusual measure to dispel concerns about the financial system, deposits that were not eligible for protection will also be rescued.
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Yen exchange rate rises sharply. Rough price movements due to successive bankruptcies
2023-03-13 13:06:00
In the foreign exchange market on the 13th, the beginning of the week, following a series of bankruptcies in the United States, the movement to sell the dollar and buy the yen strengthened, and the yen exchange rate rose sharply.
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Ito-Yokado founder Masatoshi Ito passes away Laying the foundation for Seven & i
2023-03-13 12:55:00
Masatoshi Ito, honorary chairman of the major supermarket chain Ito-Yokado, who laid the foundation for Seven & i Holdings, which owns general supermarkets and convenience stores, passed away on March 10. he was 98 years old.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 12:45:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying, "We have approved measures to complete the bankruptcy process of Silicon Valley Bank in a way that protects all depositors." Did. With the unusual measure to dispel concerns about the financial system, deposits that were not eligible for protection will also be rescued.
TOP
Ito-Yokado founder Masatoshi Ito passes away Laying the foundation for Seven & i
2023-03-13 12:08:00
Masatoshi Ito, honorary chairman of the major supermarket chain Ito-Yokado, who laid the foundation for Seven & i Holdings, which owns general supermarkets and convenience stores, passed away on March 10. he was 98 years old.
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Nikkei average stock price temporarily dropped by more than 500 yen due to bankruptcy of US bank
2023-03-13 11:58:00
At the beginning of the week on the Tokyo stock market on the 13th, following the bankruptcies of American banks one after another, sell orders spread, mainly for bank stocks, and the Nikkei Stock Average dropped by more than 500 yen at one point.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 11:01:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying, "We have approved measures to complete the bankruptcy process of Silicon Valley Bank in a way that protects all depositors." Did. With the unusual measure to dispel concerns about the financial system, deposits that were not eligible for protection will also be rescued.
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Business sentiment of large companies turns negative for the first time in three quarters Business judgment worsens in the manufacturing industry
2023-03-13 10:36:00
According to the "Corporate Business Outlook Survey" released by the Ministry of Finance, etc., the index showing the business sentiment of large companies from January to March this year was minus 3.0 points for the first time in three quarters. The main reason for this was the worsening business judgment in the manufacturing industry due to factors such as rising raw material prices.
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Nikkei average stock price temporarily dropped by more than 500 yen due to bankruptcy of US bank
2023-03-13 10:35:00
At the beginning of the week on the Tokyo stock market on the 13th, in response to the bankruptcies of American banks one after another, sell orders spread to banks and IT-related stocks, and the Nikkei Stock Average dropped by more than 500 yen at one point.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 10:13:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying that they "approved measures to complete the bankruptcy of Silicon Valley Bank in a way that protects all depositors." Did.
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Yen exchange rate 1 dollar = 134 yen level After bankruptcy of U.S. bank Depositor protection policy announcement
2023-03-13 10:10:00
In the foreign exchange market, the yen exchange rate rose to the 133 yen level to the dollar in the early morning of Japan time in response to the bankruptcy of an American bank, but the US financial authorities announced a policy to protect depositors. After that, the dollar was bought back and traded at 1 dollar = 134 yen level.
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Nikkei average stock price temporarily dropped by more than 400 yen due to bankruptcy of US bank
2023-03-13 09:54:00
At the beginning of the week on the Tokyo stock market on the 13th, selling orders spread to banks and IT-related stocks in response to the bankruptcy of a bank in the western United States, and the Nikkei Stock Average dropped by more than 400 yen at one point.
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Business sentiment of large companies turns negative for the first time in three quarters Business judgment worsens in the manufacturing industry
2023-03-13 09:07:00
According to the "Corporate Business Outlook Survey" released by the Ministry of Finance and others on the 13th, the index that indicates the business sentiment of large companies from January to March this year was minus 3.0 points, the first negative in three quarters. rice field. By industry, the manufacturing sector's economic outlook deteriorated to minus 10.5 points, while the non-manufacturing sector saw a gain of 0.6 points.
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Foreign exchange market yen exchange rate temporarily 1 dollar = 133 yen level due to bankruptcy of US bank
2023-03-13 08:58:00
In the foreign exchange market at the beginning of the week, the yen exchange rate temporarily rose to the 133 yen level to the dollar following the bankruptcy of an American bank, but the US financial authorities announced a policy to protect depositors. After that, the dollar was bought back and traded at the 134 yen level to the dollar.
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Silicon Valley Bank Collapse US Treasury Department "Protects All Depositors"
2023-03-13 08:34:00
Regarding the bankrupt US "Silicon Valley Bank", the US Treasury Department and others issued a statement on the 12th saying that they "approved measures to complete the bankruptcy of Silicon Valley Bank in a way that protects all depositors." Did.
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Saudi Arabian oil company tops bottom line amid soaring oil prices
2023-03-13 07:18:00
Saudi Aramco, the state-owned oil company of Saudi Arabia, which is a major source of crude oil for Japan, has seen its net profit for the past year rise since its listing in 2019 against the backdrop of soaring oil prices following Russia's military invasion. became the most
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U.S. Silicon Valley Bank collapse Nearly 90% of deposit balance is not covered by protection
2023-03-13 06:12:00
The bankrupt US "Silicon Valley Bank" will resume operations from the 13th and will respond to the payment of deposits protected by the FDIC = Federal Deposit Insurance Corporation. However, nearly 90% of the deposit balance, approximately $156 billion, or more than 21 trillion yen in Japanese yen, is not subject to protection, and the focus will be on how much deposits will be returned to customer companies in the future.
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Spring labor offensive private sector forecasts for wage hikes
2023-03-13 05:47:00
This year's spring battle will have an intensive response day on the 15th of this month. A number of private think tanks have raised their forecasts for wage increases. Some forecast that the wage increase rate will exceed 3%.
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A work that “reproduced the singing voice of his late wife with AI” won the AI Art Grand Prix
2023-03-13 05:24:00
A contest was held in Akihabara, Tokyo, to award works such as videos and manga created using artificial intelligence (AI). was selected for the Grand Prix.
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Along with the Japan-Korea summit meeting, the top of the business world will also hold a meeting on the 17th
2023-03-13 04:36:00
In line with the Japan-South Korea summit meeting to be held this week, it turned out that the business circles of both countries are also making adjustments to hold a round-table talk by the tops of the two countries on the 17th of this week.
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