Nissho Chairman Kobayashi opposes the review of size-based taxation “It will be bad for small and medium-sized enterprises”
Regarding the size-based taxation that applies to companies with capital exceeding 100 million yen, a council of the Ministry of Internal Affairs and Communications is calling for a review of the system, citing cases where companies reduce their capital in order to avoid taxation. Regarding this, Chairman Kobayashi of the Japan Chamber of Commerce and Industry expressed his opposition, saying that it would have a negative impact on unrelated small and medium-sized enterprises.
“d Payment” service restoration NTT Docomo
According to NTT Docomo, some services on the smartphone payment service ``d Payment'' were unavailable from around 5:50 p.m. on the 16th, but were restored around 6:50 p.m.
US announces IPEF “substantial agreement reached in two areas including ``clean economy''
The Biden administration in the United States has announced that it has substantially reached an agreement in two areas, including the ``clean economy'' framework that promotes investment toward decarbonization regarding the IPEF (Indo-Pacific Economic Framework), an economic partnership framework in which Japan, the United States, and others participate. did.
Yen market price falls, yen sells and dollar buys due to rise in US long-term interest rates
In the Tokyo foreign exchange market on the 16th, in response to the rise in long-term interest rates in the United States, people became aware of the difference in interest rates between Japan and the United States, and as a result, yen selling and dollar buying progressed, and the yen exchange rate fell.
NTT law “to be abolished by the National Diet of next year” Liberal Democratic Party working team drafts proposal
Regarding the current state of the NTT Act, the Liberal Democratic Party's working team called for the removal of the obligation on NTT to disclose research results, and ultimately submitted an original proposal that the law should be abolished by the regular Diet session the year after next. demonstrated at a party meeting.
Broadcasting equipment exhibition gathering the latest technologies in the broadcasting field begins in Makuhari, Chiba
The ``International Broadcasting Equipment Exhibition'' is being held, gathering cutting-edge technologies in the broadcasting field, and introducing broadcasting systems that incorporate AI, VR, and other technologies, as well as video content production initiatives.
Stock price fell slightly, a reversal after 3 consecutive days of price increases, sell orders prevailing
On the Tokyo stock market on the 16th, stock prices fell slightly.
Yen market price decline, trading at the low 151 yen level per dollar
At the Tokyo foreign exchange market on the 16th, the yen was trading in the lower 151 yen range to the dollar, due to rising long-term interest rates in the United States and awareness of the difference in interest rates between Japan and the United States.
October trade balance in deficit for the first time in two months due to continued high energy prices, etc.
Last month's trade balance was in the red for the first time in two months, due to the continued high prices of oil and other energy.
Machinery orders from July to September were 1.8% lower than the previous three months, decreasing for the second consecutive quarter
According to the "Machinery Order Statistics" released by the Cabinet Office, which shows the future of corporate capital investment, from July to September this year, the amount of orders received by major machinery manufacturers from domestic companies is the same as that of ships, which is subject to large fluctuations. Excluding electricity, the total amount was 2,538.5 billion yen. This is 1.8% lower than the previous three months, marking the second consecutive quarter of decline.
October trade balance deficit of 662.5 billion yen, first deficit in 2 months
According to last month's trade statistics released by the Ministry of Finance, the trade balance (exports minus imports) was in the red at 662.5 billion yen. This is the first time in two months that the trade balance has been in the red.
The yen weakens again to the mid-151 yen level and against the euro to the low-164 yen level
At the New York foreign exchange market on the 15th, the yen depreciated against the backdrop of an increase in long-term interest rates in the US due to the view that the US economy was strong, and the yen exchange rate temporarily fell to the mid-151 yen level to the US dollar.
Renault plans to list new EV company in the first half of next year, aiming to sell 1 million units by 2031
In an interview with NHK on the 15th, Luca De Meo, CEO of French automobile giant Renault, said that his newly established EV (electric vehicle) company will go public in the first half of next year, and that he plans to sell seven types of EVs to 100 by 2031. The goal was to sell 10,000 units.