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

Economic news(2023/09/07)


Kyoto   Hakone

Chinese IT giant Tencent launches generation AI service for companies

2023-09-07 22:31:00
Chinese IT giant Tencent has announced that it has launched a generative AI service for enterprises. In China, other IT giants are also offering similar services on their own, and development competition is intensifying.

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Renminbi hits lowest level in 15 years and 9 months in Shanghai foreign exchange market

2023-09-07 20:19:00
In the Shanghai foreign exchange market on the 7th, uncertainty over the future of the economy spread once again in response to China's trade statistics announced on the day, and the renminbi fell to the lowest level in about 15 years and 9 months against the dollar. have become.

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Discussion on NTT Law review ``Maintaining a fair competitive environment is an issue'' Minister of Internal Affairs and Communications

2023-09-07 18:41:00
Regarding the discussion on revising the NTT Act, Minister of Internal Affairs and Communications Matsumoto acknowledged that in addition to maintaining a fair competitive environment, issues such as fixed-line telephone services and the nature of the scope of business of companies that are divided into East and West would be the main points of discussion.

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Yen price falls to the high 147 yen level due to expectations of prolonged US monetary tightening

2023-09-07 18:19:00
On the 7th, in the Tokyo foreign exchange market, the yen temporarily fell to the low 147 yen level to the dollar, the lowest yen level since November last year, as there was a growing view that monetary tightening would be prolonged in the United States. Did.

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Foreign investors' net purchases of Japanese stocks for the first time in 3 weeks

2023-09-07 17:49:00
Last week, when the Nikkei Stock Average rose for five consecutive days, foreign investors bought more Japanese stocks than they sold, making them net buyers for the first time in three weeks.

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Sumitomo Life Insurance plans to raise interest rate for individual pension insurance for the first time in 38 years

2023-09-07 17:45:00
Sumitomo Life, a major life insurance company, has decided to raise the expected interest rate, which is the yield promised to policyholders, for some of its individual annuity insurance products in October, in light of the rising trend in long-term interest rates. This is the first time in 38 years that the company has raised the assumed interest rate on insurance products where premiums are paid in installments, a move that symbolizes a shift in life insurance company strategy in anticipation of rising long-term interest rates.

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China's export value last month decreased by more than 8% compared to the same month last year, negative for 4 consecutive months

2023-09-07 16:13:00
China's export value in August decreased by more than 8% compared to the same month last year, marking the fourth consecutive month of decline. This is mainly due to a significant drop in exports to major trading partners Europe and Southeast Asia, which is a cause for concern regarding economic recovery.

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Stock prices fall for the first time in nine business days due to concerns about prolonged US monetary tightening

2023-09-07 16:10:00
On the 7th, the Tokyo stock market fell for the first time in 9 business days due to the spread of caution that the US monetary tightening might be prolonged.

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July economic trend index decreased by 1.1 points from the previous month, the first decrease in 6 months

2023-09-07 15:32:00
The Cabinet Office announced this July's Economic Trend Index, which shows the current state of the economy, at 114.5 based on 2020 as 100, a 1.1 point decrease from the previous month. This is the first decline in the index in six months.

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Sumitomo Life Insurance plans to raise interest rate for individual pension insurance for the first time in 38 years

2023-09-07 12:04:00
Sumitomo Life, a major life insurance company, has decided to raise the expected interest rate, which is the yield promised to policyholders, for some of its individual annuity insurance products in October, in light of the rising trend in long-term interest rates. This is the first time in 38 years that the company has raised the assumed interest rate on insurance products where premiums are paid in installments, a move that symbolizes a shift in life insurance company strategy in anticipation of rising long-term interest rates.

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Yen price falls to the high 147 yen level due to expectations of prolonged US monetary tightening

2023-09-07 11:57:00
In the Tokyo foreign exchange market on the 7th, the yen exchange rate fell to the high 147 yen to the dollar in the morning as there was a growing view that monetary tightening in the United States would be prolonged.

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Yen price falls to the high 147 yen level due to expectations of prolonged US monetary tightening

2023-09-07 10:49:00
In the Tokyo foreign exchange market on the 7th, the yen exchange rate fell to the upper 147 yen to the dollar in the morning as there was a growing view that monetary tightening in the United States would be prolonged.

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New Regulations in the EU Digital Services Sector Targeting 6 Giant IT Companies

2023-09-07 09:28:00
The European Union has announced that six companies, including Apple, Amazon, and Google's parent company Alphabet, will be subject to new regulations aimed at ensuring a fair market for digital services.

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U.S. Federal Reserve’s latest economic report “Many companies expect wage increases to slow down in the future”

2023-09-07 08:07:00
On the 6th, the Federal Reserve, the central bank of the United States, released its latest economic report, which revealed that many companies believe that wage increases will slow down in the future.

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Minister of Economy, Trade and Industry Nishimura meets with British ministers, agrees to strengthen cooperation on economic security

2023-09-07 06:48:00
During his visit to the United Kingdom, Minister of Economy, Trade and Industry Nishimura met with ministers and agreed to strengthen cooperation between the two countries in the field of economic security, with China in mind. The aim is to counter ``economic coercion,'' which restricts trade and puts pressure on partner countries.

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Major telecommunications companies plan to report concerns to Ministry of Internal Affairs and Communications council in discussion of reviewing NTT Act

2023-09-07 00:21:00
Regarding the discussion on the review of the NTT Act, major telecommunications companies, excluding NTT, plan to convey their concerns that the fair competitive environment will be harmed to a council of the Ministry of Internal Affairs and Communications next week, and it is unclear what impact this will have on future discussions. is the focus.

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Kyoto   Mt.Fuji


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