Economic news(2024/01/25)
US GDP growth rate from October to December last year +3.3% annualized, positive for 6 consecutive quarters
2024-01-25 22:53:00
The US GDP (gross domestic product) from October to December last year was announced on the 25th, and the growth rate compared to the previous three months was an annualized increase of 3.3%, marking the sixth consecutive quarter of positive growth. I did. Despite the high interest rate level, the US economy is supported by personal consumption and government spending, showing the strength of the economy.
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European Central Bank leaves main policy interest rate unchanged for third consecutive time
2024-01-25 22:42:00
The European Central Bank held a monetary policy meeting on the 25th and left its main policy interest rate unchanged at 4.5%.
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Japan-China Economic Association calls for lifting suspension of seafood imports, but no mention from China
2024-01-25 21:42:00
On the afternoon of the 25th, a delegation from the Japan-China Economic Association visiting China met with Wang Wentao, Minister of Commerce, who is in charge of the trade sector, and requested the lifting of China's suspension of imports of marine products, but the Chinese side did not give specifics. There was no mention of countermeasures.
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Shonai Bank in Yamagata and Hokuto Bank in Akita are considering merging, aiming for within 2026
2024-01-25 21:25:00
Fidea Holdings, a financial group based in Yamagata and Akita prefectures, has announced that it has decided to move forward with concrete studies with the aim of merging Shonai Bank in Yamagata Prefecture and Hokuto Bank in Akita Prefecture, both of which are under its umbrella. . The company aims to complete the merger in fiscal 2026.
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Shunto Rengo Chairman Yoshino “Expects the momentum for wage increases to spread across the country”
2024-01-25 20:40:00
In response to the virtual start of this year's spring labor movement on the 24th, Rengo Chairman Yoshino stated at a press conference that the key point was to raise wages at local small and medium-sized enterprises, and that he hoped to build momentum for wage increases through government-labor-management meetings held in each prefecture. He expressed hope that it would spread across the country.
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Japan Electrical Machinery Association to raise bare demand for monthly payments of 13,000 yen or more, highest level since 1998
2024-01-25 20:39:00
In this year's spring labor union, the Electrical Equipment Union, formed by labor unions of major electronics manufacturers, will demand a monthly salary of 13,000 yen or more, the highest level since the current system began demanding base increases, in addition to regular salary increases. We have decided to request a monthly wage increase of at least 20,000 yen.
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Sanyo Shinkansen “Nozomi” wagon sales will end in March, green cars will continue
2024-01-25 20:35:00
JR West Japan has announced that the current in-car wagon sales on the Sanyo Shinkansen "Nozomi" will end on March 15th this year. The reasons include a decline in sales and a lack of manpower, but the company plans to continue service with green Nozomi and Hikari cars from then on.
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Financial Services Agency orders Sompo Japan and its parent company to improve their operations over fraudulent insurance claims
2024-01-25 19:23:00
Regarding the issue of fraudulent insurance claims by Big Motor, the Financial Services Agency issued a business improvement order on the 25th to Sompo Japan Insurance, which resumed transactions despite being aware of the fraud, and its parent company Sompo Holdings.
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Yen price rises slightly against dollar
2024-01-25 19:14:00
At the Tokyo foreign exchange market on the 25th, the yen rose slightly against the dollar.
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Spring labor union: Zenroren decides to demand a 10% or more wage increase “We will not hesitate to strike”
2024-01-25 17:22:00
During this year's spring protests, the labor organization Zenroren decided to demand a wage increase of at least 10%, the highest level ever, by combining base increases and regular wage increases. Our policy is to not hesitate to go on strike in order to protect the lives of working people from soaring prices.
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Financial Services Agency orders Sompo Japan and its parent company to improve their operations over fraudulent insurance claims
2024-01-25 17:03:00
Regarding the issue of fraudulent insurance claims made by Big Motor, the Financial Services Agency announced that it has issued a business improvement order based on the Insurance Business Law to Sompo Japan, which resumed transactions despite being aware of the fraud, and to its parent company, Sompo Holdings. Did. They also decided to dispose of Sompo Holdings because the subsidiary's management system was insufficient.
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Japan-China Economic Association meets with Prime Minister Li Qiang and exchanges views on the business environment
2024-01-25 16:54:00
A delegation from the Japan-China Economic Association, which is visiting China, met with Chinese Premier Li Qiang on the 25th and exchanged opinions on the business environment in China, including how the revised anti-espionage law should be implemented, which concerns Japanese companies. We exchanged.
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Stock prices rise slightly, raising concerns about overheating of Japanese stocks
2024-01-25 16:53:00
Stock prices rose slightly on the Tokyo stock market on the 25th.
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Haneda Airport “speeds up immigration and customs” new system to be introduced on a trial basis
2024-01-25 14:37:00
In order to speed up immigration and customs procedures for the ever-increasing number of foreign travelers, a new system will be introduced on a trial basis at Haneda Airport that will carry out each procedure in one go. Published.
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Average price of new condominiums in Tokyo's 23 wards exceeds 100 million yen for the first time
2024-01-25 14:28:00
According to a summary by a real estate research company, the average price of new condominiums sold in Tokyo's 23 wards over the past year was 114.83 million yen, exceeding 100 million yen for the first time. The research firm attributes this to the rise in construction costs due to soaring material prices, as well as the successive development of condominiums in highly convenient urban centers.
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Microsoft market capitalization temporarily exceeds $3 trillion Background to expectations for demand for generative AI
2024-01-25 10:23:00
The stock price of Microsoft, an American IT giant, has risen, and its market capitalization, which indicates the value of a company, temporarily exceeded $3 trillion, or approximately 440 trillion yen in Japanese yen, for the first time. This is due to rising expectations for the generative AI developed by OpenAI, an American venture company with which it has a business alliance.
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Tesla's financial results, sales and profits increased New car sales increased by nearly 20% compared to the same period last year
2024-01-25 09:36:00
American electric car manufacturer Tesla's financial results for the three months ending last month showed increased sales and profits due to an increase in new car sales. On the other hand, as sales competition intensifies in the EV market with Chinese manufacturers and other companies, a decline in profit margins due to price cuts has become an issue.
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Tesla's financial results, sales and profits increased New car sales increased by nearly 20% compared to the same period last year
2024-01-25 07:49:00
American electric car manufacturer Tesla announced on the 24th that its financial results for the three months ending last month showed increased sales and profits.
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Tuna sashimi recreated with “konjac flour” etc. Tasting event for the industry
2024-01-25 04:04:00
A product that recreates tuna sashimi using konnyaku powder and other ingredients has been developed to help protect marine resources, and a tasting event for the industry was held on the 24th.
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