Economic news(2023/04/21)
Helping with work while traveling and getting rewards attract attention amid high prices
2023-04-21 21:56:00
A long holiday coming up soon. While congestion is expected in various places, the shortage of labor is a major issue for accommodation facilities such as tourist spots. On the other hand, in the midst of high prices, tourist spots around the world are also being hit by a wave of price increases, and travel expenses tend to rise. Under these circumstances, a new style of "travelers helping with business at the accommodation and receiving rewards" is attracting attention from both travelers and lodging facilities.
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Inbound? God of Investment? Is the Stock Price Rise Real? [Economic Column]
2023-04-21 21:49:00
On the 18th, the Nikkei Stock Average rose for eight consecutive business days, and the closing price reached a new high. Is it the inbound effect, the effect of the “low PBR reform”, or the aftermath of Warren Buffett’s visit to Japan, who is called the “god of investment”? The market has been given a series of positive factors, and expectations for further increases have risen, but on the other hand, there are also voices questioning its sustainability. We covered the current state of the market where various viewpoints intersect. (Economics Department reporter Koki Nishizono)
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TSE to extend the end time for the first time in 70 years From November 5th to 3:30 pm next year
2023-04-21 21:34:00
The Tokyo Stock Exchange announced that from November 5th next year, the closing time for trading stocks will be extended by 30 minutes to 3:30 pm. It will be the first time in 70 years that the end of trading has been extended.
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Rakuten Bank is listed on the Tokyo Stock Exchange Raising more than 70 billion yen
2023-04-21 21:06:00
Rakuten Bank, a subsidiary of Rakuten Group, listed its shares on the Tokyo Stock Exchange on the 21st. Rakuten Group will raise more than 70 billion yen from the sale of some shares accompanying the listing, while the deficit in the mobile phone business is increasing.
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South Korea to redesignate Japan as a preferential country that can simplify export procedures 24th
2023-04-21 20:35:00
South Korea's Ministry of Trade, Industry and Energy announced on the 21st that it will re-designate Japan as a target country for preferential treatment that can simplify export procedures in the official gazette on the 24th of this month at the beginning of the week.
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Kinki Nippon Tourist's overcharge Verbal warning to the president of the Japan Tourism Agency
2023-04-21 19:39:00
On the 21st, the Japan Tourism Agency asked the president of the company to ensure compliance and prevent recurrence due to the issue of Kinki Nippon Tourist overcharging labor costs of more than 300 million yen in a project commissioned by a local government. I was verbally reminded to work on
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Toyota President Sato: “Decarbonization, not only EV but also HV and other omnidirectional strategies”
2023-04-21 19:12:00
As the global shift to EVs (electric vehicles) accelerates, Toyota Motor Corporation President Tsuneharu Sato said in an interview with NHK that by promoting an "omnidirectional strategy" that includes not only EVs but also hybrid vehicles, the circumstances differ from region to region. I emphasized the idea of responding to
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BOJ: Financial system 'maintains overall stability'
2023-04-21 18:47:00
The Bank of Japan has released a report analyzing the current status and risks of Japan's financial system. Despite the spread of financial instability in Europe and the United States, the financial system "maintains overall stability," including domestic banks with sufficient capital.
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Yen exchange rate rises The dollar is sold due to concerns about the future of the US economy
2023-04-21 18:40:00
In the Tokyo foreign exchange market on the 21st, the dollar was sold due to concerns about the future of the US economy, and the yen exchange rate rose.
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Preferential measures to simplify export procedures Policy dialogue between Japan and South Korea to be held from 24th
2023-04-21 18:13:00
The Ministry of Economy, Trade and Industry announced that it will hold a policy dialogue between the Japanese and South Korean governments in Japan from the 24th of this month, regarding Japan's exclusion of South Korea from the list of eligible countries for preferential treatment that can simplify export procedures.
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Hotels and zoos... A wave of price increases rushing to travel destinations and tourist spots
2023-04-21 17:58:00
Electric bill, gas bill, groceries... The prices of things that are essential to life continue to rise. The average consumer price index for fiscal 2022, which looks at the price movements of goods and services consumed by households, rose by 3.0%, reaching the level for the first time in 41 years since 1981. Prices are at record highs, and a wave of price hikes is sweeping through tourist spots around the country.
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EV shift progresses in the US Preferential tax system excludes China Japan and South Korea are also excluded
2023-04-21 17:00:00
As the electrification of cars progresses worldwide, sales of EVs (electric vehicles) are increasing year by year in the United States as well. Last year in 2022, the total number of new car sales decreased, but EV increased 1.6 times the previous year.
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Digital currency Ministry of Finance expert meeting
2023-04-21 16:19:00
The Ministry of Finance will hold the first meeting of an expert panel to discuss the feasibility of issuing a digital currency that can be used in the same way as banknotes and coins. .
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Nikkei Stock Average Temporary Highest Price Renewal also Slightly Falls
2023-04-21 16:08:00
In the Tokyo stock market on the 21st, the sense of caution about the future of the semiconductor industry has eased, and the Nikkei Stock Average temporarily renewed the highest price of this year during trading hours, but after that sell orders spread and the price fell slightly. It has fallen.
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FY2022 Consumer Price Index to rise by 3.0% year-on-year, first level in 41 years
2023-04-21 15:03:00
The average consumer price index for the last fiscal year and fiscal 2022, which looks at the price movements of goods and services consumed at home, increased by 3.0% from the previous fiscal year, excluding fresh food, which fluctuates greatly depending on the weather. The rate of increase of 3.0% is the first level in 41 years since 1981.
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Stock price rough price movement Renewed the highest price of this year
2023-04-21 12:30:00
On the Tokyo stock market on the 21st, the sense of caution about the future of the semiconductor industry has eased, and the Nikkei Stock Average temporarily updated the highest price of this year during trading hours, but after that, there were selling orders, and the price movement was rough. It is
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Credit Suisse's AT1 bond sells about 140 billion yen in Japan Finance Minister Suzuki
2023-04-21 12:25:00
Suzuki, Minister for Financial Services, said that about 140 billion yen in corporate bonds called "AT1 bonds," which were issued by "Credit Suisse," which was rescued after it fell into a financial crisis and became worthless, were sold domestically. clarified.
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FY2022 Consumer Price Index to rise by 3.0% year-on-year, first level in 41 years
2023-04-21 11:39:00
The average consumer price index for the last fiscal year and fiscal 2022, which looks at the price movements of goods and services consumed at home, increased by 3.0% from the previous fiscal year, excluding fresh food, which fluctuates greatly depending on the weather. The rate of increase of 3.0% is the first level in 41 years since 1981.
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FY2022 Consumer Price Index to rise by 3.0% year-on-year, first level in 41 years
2023-04-21 08:41:00
Last year's consumer price index, which looks at the price movements of goods and services consumed at home, rose 3.0% from the previous year, excluding perishables, which fluctuate greatly depending on the weather. The 3.0% rate of increase is the first level in 41 years since 1981. This is mainly due to rising prices of food and electricity. In addition, the consumer price index for last month and March, excluding fresh food, increased by 3.1% from the same month last year. This is the same level as the rate of increase in February.
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US semiconductor giant sues IBM for misappropriation of intellectual property and trade secrets
2023-04-21 06:44:00
GlobalFoundries, a major American semiconductor contract manufacturing company, has announced that it has sued IBM, an American IT giant, for illegally using its intellectual property and trade secrets, such as disclosing them to Japanese semiconductor manufacturer Rapidus. Attention will be paid to whether this will affect cooperation between Japan and the United States, which aims to mass-produce advanced semiconductors.
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Demonstration experiment to rent used EVs as official vehicles for local governments
2023-04-21 04:58:00
With the spread of EVs (electric vehicles) becoming an issue, a Sumitomo Corporation group company has decided to start a demonstration experiment to lend out used EVs as official vehicles for local governments. Second-hand EVs can be introduced at about half the cost of new cars, so we would like to expand to municipalities nationwide in the future.
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