Economic news(2024/02/15)
Business trips by Shinkansen: Virtually zero CO2 emissions for an additional charge JR Tokai West Japan
2024-02-15 21:00:00
JR Tokai and JR West are offering a new service that allows employees of companies with corporate contracts to virtually reduce carbon dioxide emissions from travel to zero by paying an additional fee when using the Tokaido/Sanyo Shinkansen. announced that it would be introduced.
TOP
Japan's nominal GDP for the past year has been overtaken by Germany and falls to 4th place in the world
2024-02-15 19:42:00
Japan's nominal GDP (gross domestic product) for the past year was overtaken by Germany and ranked 4th in the world in dollar terms. In addition to long years of low growth and deflation, the depreciation of the yen in the foreign exchange market caused a decline in the size of the economy when converted to dollars.
TOP
Spring labor unions at major electronics companies demand a 13,000 yen monthly wage increase
2024-02-15 19:08:00
During this year's spring labor union, the labor unions of major electronics manufacturers each submitted a request to management for a 13,000 yen monthly wage increase as a base increase. This is the highest level since 1998, and the focus will be on the extent to which wage increases will be achieved.
TOP
An event bringing together Japanese companies considering expanding into or investing in Ukraine Tokyo
2024-02-15 18:56:00
Ahead of the almost two-year anniversary of Russia's military invasion of Ukraine, an event has begun in Tokyo to gather Japanese companies considering expanding into or investing in Ukraine and to lead to business negotiations with local companies. Ta.
TOP
Yen market price rose slightly, trading in the low 150 yen range per dollar
2024-02-15 18:34:00
At the Tokyo foreign exchange market on the 15th, the yen rose slightly, trading at the low 150 yen level to the dollar.
TOP
NTT Act amendment bill: Original Ministry of Internal Affairs and Communications clarified, leaving room for discussion, not limited to abolition
2024-02-15 18:22:00
The original draft of the amendment bill compiled by the Ministry of Internal Affairs and Communications regarding the NTT Act has been revealed. Regarding the abolition of the law, which is the focus of attention, the supplementary provisions state that it will be ``revised or abolished by next year's regular Diet session,'' leaving room for discussion without limiting it to abolition.
TOP
Japan's nominal GDP for the past year has been overtaken by Germany and falls to 4th place in the world
2024-02-15 18:07:00
Japan's nominal GDP (gross domestic product) for the past year was overtaken by Germany and ranked 4th in the world in dollar terms. In addition to long years of low growth and deflation, the depreciation of the yen in the foreign exchange market caused a decline in the size of the economy when converted to dollars.
TOP
Stock price rose more than 400 yen and closed at 38,100 yen level
2024-02-15 16:30:00
On the Tokyo stock market on the 15th, the Nikkei average stock price rose by more than 400 yen, closing at the 38,100 yen level.
TOP
Japan's nominal GDP for the past year has been overtaken by Germany and falls to 4th place in the world
2024-02-15 15:08:00
Japan's nominal GDP (gross domestic product) for the past year was overtaken by Germany and ranked 4th in the world in dollar terms. In addition to long years of low growth and deflation, the depreciation of the yen in the foreign exchange market caused a decline in the size of the economy when converted to dollars.
TOP
Keidanren proposes creation of security clearance system
2024-02-15 15:03:00
Regarding the establishment of a ``security clearance'' system that limits those who can access information important for economic security to those whose reliability has been confirmed by the government, Keidanren recommends that the information targeted should be limited so as not to impede corporate activities. has compiled recommendations that require consideration of individual privacy.
TOP
Stock price rose more than 400 yen at one point to 38,100 yen, the highest in about 34 years
2024-02-15 12:21:00
On the 15th, the Tokyo stock market, the Nikkei Stock Average, temporarily rose by more than 400 yen to the 38,100 yen level. This is the first time in approximately 34 years that the price has touched the 38,100 yen level during trading hours, since January 1990 during the bubble period.
TOP
Renesas Electronics acquires US software company for 880 billion yen
2024-02-15 11:49:00
Renesas Electronics, a major semiconductor company, has announced that it will acquire an American software company for approximately 880 billion yen in order to develop and design semiconductor products in a short period of time. Semiconductor products that incorporate multiple chips are becoming increasingly complex in design, and the company aims to increase its competitiveness through acquisitions.
TOP
Japan's nominal GDP for the past year has been overtaken by Germany and falls to 4th place in the world
2024-02-15 11:15:00
Japan's nominal GDP (gross domestic product) for the past year was overtaken by Germany and ranked 4th in the world in dollar terms. In addition to long years of low growth and deflation, the depreciation of the yen in the foreign exchange market caused a decline in the size of the economy when converted to dollars. According to the Cabinet Office, Japan's nominal GDP for last year was $4.2106 trillion when converted to dollars at the average exchange rate. On the other hand, Germany's GDP last year was $4,456.1 billion, exceeding Japan's. In 1968, Japan's economic size became the second largest in the world in GNP (Gross National Product), surpassing West Germany at the time. After that, in 2010, it was overtaken by China in terms of GDP and continued to rank third in the world, but last year it was overtaken by Germany, which has almost two-thirds of the population, and moved to fourth place. Since the bursting of the bubble economy in the 1990s, Japan has experienced low growth and deflation for many years, suppressing personal consumption and corporate investment. In addition, Japan's GDP was reduced when converted to dollars due to the weaker yen and the stronger dollar, and Germany's nominal GDP growth rate was higher than that of Japan, which has a higher rate of inflation than Japan.
TOP
Renesas Electronics acquires US software company for 880 billion yen
2024-02-15 10:51:00
Renesas Electronics, a major semiconductor company, has announced that it will acquire an American software company for approximately 880 billion yen in order to develop and design semiconductor products in a short period of time. Semiconductor products that incorporate multiple chips are becoming increasingly complex in design, and the company aims to increase its competitiveness through acquisitions.
TOP
Japan's nominal GDP for the past year has been overtaken by Germany and falls to 4th place in the world
2024-02-15 10:12:00
Japan's nominal GDP (gross domestic product) for the past year was overtaken by Germany and ranked 4th in the world in dollar terms. In addition to long years of low growth and deflation, the depreciation of the yen in the foreign exchange market caused a decline in the size of the economy when converted to dollars. According to the Cabinet Office, Japan's nominal GDP for last year was $4.2106 trillion when converted to dollars at the average exchange rate. On the other hand, Germany's GDP last year was $4,456.1 billion, exceeding Japan's. In 1968, Japan's economic size became the second largest in the world in GNP (Gross National Product), surpassing West Germany at the time. After that, in 2010, it was overtaken by China in terms of GDP and continued to rank third in the world, but last year it was overtaken by Germany, which has almost two-thirds of the population, and moved to fourth place. Since the bursting of the bubble economy in the 1990s, Japan has experienced low growth and deflation for many years, suppressing personal consumption and corporate investment. In addition, Japan's GDP was reduced when converted to dollars due to the weaker yen and the stronger dollar, and Germany's nominal GDP growth rate was higher than that of Japan, which has a higher rate of inflation than Japan.
TOP
Stock price rose more than 400 yen at one point to 38,100 yen, the highest in about 34 years
2024-02-15 09:50:00
On the 15th, the Tokyo stock market, the Nikkei Stock Average, temporarily rose by more than 400 yen to the 38,100 yen level. During trading hours, the price was the highest in approximately 34 years, since January 1990 during the bubble period. With all major stock indexes rising in the New York market on the 14th, buy orders are gathering for semiconductor-related stocks and other stocks.
TOP
Japan's GDP for the past year has been overtaken by Germany and falls to 4th place in the world
2024-02-15 09:13:00
According to the Cabinet Office, Japan's nominal GDP (gross domestic product) for the past year was overtaken by Germany and ranked 4th in the world in dollar terms. In addition to long years of low growth and deflation, the depreciation of the yen in the foreign exchange market caused a decline in the size of the economy when converted to dollars.
TOP
GDP from October to December last year announced today
2024-02-15 04:31:00
GDP = gross domestic product from October to December last year will be announced on the 15th. According to private sector forecasts, although the growth rate will be positive for the first time in two quarters, personal consumption, which accounts for more than half of GDP, is expected to remain almost flat due to high prices.
TOP