Economic news(2023/06/09)
US Debt Ceiling Left, Another Default Concern... [Economic Column]
2023-06-09 20:34:00
In the world of finance and business, many people are probably shocked when they hear that default = failure to meet their obligations. The default on U.S. Treasury bonds, which investors around the world have been worried about, was averted when President Biden signed a bill to temporarily remove the government's debt ceiling just before X-Day arrived. However, there are countries in the world where the next default risk is whispered. One of them is Pakistan in South Asia. What new crises could adversely affect financial markets and international affairs? (Keita Kage, Reporter for the Asian Bureau)
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Yen exchange rate rises slightly against the dollar
2023-06-09 18:19:00
On the Tokyo foreign exchange market on the 9th, the yen exchange rate rose slightly against the dollar.
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About 70 companies nationwide participate in internship briefings for small and medium-sized enterprises
2023-06-09 18:11:00
An internship briefing session for university students by small and medium-sized enterprises was held in Tokyo on the 9th, in order to deepen their understanding of companies through internships that experience work at the workplace.
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Stock price rises by more than 600 yen in response to easing concerns about prolonged US interest rate hikes
2023-06-09 16:08:00
On the Tokyo stock market on the 9th, the Nikkei Stock Average rose by more than 600 yen as concerns over the prolonged interest rate hike in the United States eased.
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Stock price rises by more than 600 yen as concerns about prolonged US interest rate hike eased
2023-06-09 13:27:00
On the 9th, the Tokyo stock market and the Nikkei stock average rose by more than 600 yen.
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Stock price rises by more than 500 yen as concerns about prolonged US interest rate hike eased
2023-06-09 12:32:00
On the 9th, the Tokyo stock market and the Nikkei Stock Average rose by more than 500 yen as concerns about the prolonged interest rate hike in the United States eased.
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Securities and Exchange Surveillance Commission recommends administrative action against Chiba Bank, etc. for "structured bonds"
2023-06-09 11:27:00
The Chiba Bank, its subsidiary securities company, and the Musashino Bank, which has its head office in Saitama City, failed to fully explain the risks involved in financial products called "structured bonds," which claim high yields but carry risks. The Securities and Exchange Surveillance Commission plans to recommend the Financial Services Agency to take administrative action against the three companies.
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Stock price rises by more than 500 yen Buy orders spread immediately after the start of trading
2023-06-09 09:50:00
On the 9th, the Tokyo stock market and the Nikkei stock average rose by more than 500 yen. The number of new applications for unemployment insurance in the United States announced on the night of the 8th Japan time exceeded market expectations, easing concerns about a prolonged interest rate hike by the Fed, and stock prices rose in the New York market on the 8th. In response to this trend, buy orders have spread even in the Tokyo market on the 9th immediately after the start of trading.
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Securities and Exchange Surveillance Commission recommends administrative action against Chiba Bank, etc. for "structured bonds"
2023-06-09 05:48:00
The Chiba Bank, its subsidiary securities company, and the Musashino Bank, which has its head office in Saitama City, failed to fully explain the risks involved in financial products called "structured bonds," which claim high yields but carry risks. The Securities and Exchange Surveillance Commission plans to recommend the Financial Services Agency to take administrative action against the three companies.
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