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

Economic news(2023/03/23)


Kyoto   Hakone

Officially announced acceptance of investment fund proposals to Toshiba "delisted"

2023-03-23 21:45:00
Toshiba has officially announced that it will accept the proposal of an investment fund aiming to delist its shares and eliminate management turmoil. The delisting is intended to effectively eliminate overseas shareholders called activists, and Toshiba's management problems will enter a new stage.

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Japan Airlines “Discount Airline Ticket Sales” Campaign Aiming to resume next month

2023-03-23 20:43:00
Japan Airlines has announced that it will aim to resume sales next month about the campaign to sell cheap airline tickets, which was canceled due to the concentration of access to the website for booking and purchasing airline tickets.

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Swiss central bank raises interest rates by 0.5%, prioritizing control of inflation

2023-03-23 20:37:00
Switzerland's central bank, the Swiss National Bank, has decided to raise interest rates by 0.5% for the second time in a row to curb inflation. In the midst of a sense of unease in financial markets following the management problems of the major financial group "Credit Suisse," he showed a stance of prioritizing the control of inflation.

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Ministry of Economy, Trade and Industry Review of export control for 3 items including raw materials for semiconductors to South Korea

2023-03-23 19:05:00
The Ministry of Economy, Trade and Industry reviewed the operation of export controls for South Korea, and announced on the 23rd that it would lift strict export controls on three items, including raw materials for semiconductors. On the other hand, regarding measures that exclude South Korea from the list of eligible countries for preferential treatment that simplifies export procedures, we will continue to engage in dialogue with South Korea and make decisions.

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Yen exchange rate rises by more than 1 yen Fed does not change the outlook for policy interest rates within the year

2023-03-23 18:52:00
In the Tokyo foreign exchange market on the 23rd, the FRB = Federal Reserve Board, which is the central bank of the United States, did not change the outlook for the policy interest rate within the year, so the movement to sell the dollar and buy the yen strengthened, and the yen exchange rate fell to 1. The price has risen by more than one yen.

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Ministry of Economy, Trade and Industry Review of export control for 3 items including raw materials for semiconductors to South Korea

2023-03-23 17:57:00
The Ministry of Economy, Trade and Industry reviewed the operation of export controls for South Korea, and announced on the 23rd that it would lift strict export controls on three items, including raw materials for semiconductors. On the other hand, regarding measures that exclude South Korea from the list of eligible countries for preferential treatment that simplifies export procedures, we will continue to engage in dialogue with South Korea and make decisions.

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Fed Continues to Raise Interest Rates by 0.25%

2023-03-23 17:36:00
The Federal Reserve Board, the central bank of the United States, has decided to continue raising interest rates by 0.25%. On the other hand, Fed Chairman Jerome Powell emphasized the need to strengthen supervision and regulation of banks in light of a series of bank failures.

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Resolution to accept investment fund proposals for Toshiba to go private

2023-03-23 17:34:00
Toshiba held a meeting of the board of directors on the 23rd and decided to accept the proposal for an investment fund that aims to delist stocks and eliminate management confusion. The delisting is intended to effectively eliminate overseas shareholders called activists, and Toshiba's management problems will enter a new stage.

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Gasoline retail price 1 liter 167.5 yen, 0.1 yen increase from last week

2023-03-23 17:15:00
The national average retail price of regular gasoline as of the 20th of this month was 167.5 yen per liter, up 0.1 yen from last week.

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Major supermarkets nationwide February sales drop for the first time in eight months

2023-03-23 17:07:00
Sales at major supermarkets nationwide in February totaled 1.036 trillion yen, down 2% from the same month of the previous year when compared to existing stores, marking the first decline in eight months. As food prices continued to rise, consumers became more frugal and sales were sluggish.

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Resolution to accept investment fund proposals for Toshiba to go private

2023-03-23 16:52:00
Toshiba has decided to hold a board meeting on the 23rd to accept the proposal for an investment fund that aims to delist stocks and eliminate management confusion. In this proposal, the investment fund Japan Industrial Partners will purchase Toshiba's shares and delist them, and in addition to the investment of several companies as the funds to purchase the shares, the main banks will also participate in the financing. Toshiba's goal of delisting is to effectively eliminate overseas shareholders called activists, and Toshiba's management problems will enter a new stage.

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Falling stock prices Following the decision to raise interest rates by the Fed Increased concerns about a slowdown in the US economy

2023-03-23 16:26:00
In the Tokyo stock market on the 23rd, the FRB = Federal Reserve Board, which is the central bank of the United States, decided to raise the interest rate by 0.25%, and as concerns about the slowdown of the American economy increased, stock prices fell.

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Japan Automobile Manufacturers Association, Inc. Akio Toyoda continues as chairman after retiring as president of Toyota

2023-03-23 15:56:00
The Japan Automobile Manufacturers Association has announced that Akio Toyoda will continue to serve as chairman of Toyota Motor Corporation even after he retires as president next month.

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U.S. Treasury secretary says banks are not considering raising deposit protection limits

2023-03-23 12:37:00
U.S. Treasury Secretary Janet Yellen said she was not considering raising the limit for deposit insurance, which protects bank deposits up to $250,000.

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Stock price drop US Fed interest rate hike decision Sell order issued

2023-03-23 12:31:00
The Tokyo stock market on the 23rd and the Nikkei stock average are falling. Selling orders have been issued due to concerns about a slowdown in the American economy after the Federal Reserve Board, the central bank of the United States, decided to raise interest rates by 0.25%.

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Fed Continues to Raise Interest Rates by 0.25%

2023-03-23 12:19:00
The Federal Reserve Board, the central bank of the United States, has decided to continue raising interest rates by 0.25%. On the other hand, Fed Chairman Jerome Powell emphasized the need to strengthen supervision and regulation of banks in light of a series of bank failures.

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Fed Continues to Raise Interest Rates by 0.25%

2023-03-23 11:56:00
The Federal Reserve Board, the central bank of the United States, has decided to continue raising interest rates by 0.25%. On the other hand, Fed Chairman Jerome Powell emphasized the need to strengthen supervision and regulation of banks in light of a series of bank failures.

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Toward practical application of "flying cars" Compilation of draft basic concept of operation

2023-03-23 07:40:00
It turned out that a council of national governments and others has compiled a proposal for the basic concept of operation for the practical application of "flying cars", which are being developed as a next-generation means of transportation. From the latter half of the 2020s onwards, it is assumed that dedicated airspace like corridors in the sky will be established, and some of them will be operated at a higher density than conventional aircraft.

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Toward decarbonization Kawasaki City becomes Japan's first large-scale liquefied hydrogen receiving site

2023-03-23 01:54:00
Kawasaki City has been selected as a demonstration project site to accept hydrogen carriers, which are expected to be a next-generation energy that does not emit carbon dioxide when burned, and the city wants Kawasaki to take the lead in decarbonization efforts.

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Kyoto   Mt.Fuji


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