Economic news(2024/05/02)
OECD Ministerial Council to discuss measures to deal with "economic coercion" with China in mind
2024-05-02 21:27:00
The OECD (Organization for Economic Co-operation and Development) Ministerial Council meeting began in Paris, France. Discussions are expected to take place, such as how to deal with ``economic coercion,'' which puts pressure on other countries through import and export regulations, with China and other countries in mind, and how to regulate generative AI, which is rapidly becoming popular.
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Japan Airlines final profit: 95.5 billion yen; strong international flight results in a significant increase in profit
2024-05-02 20:52:00
Japan Airlines, a major airline company, posted a significant increase in its final profit for the year ending March this year, increasing 2.7 times from the previous year to 95.5 billion yen, due to strong performance on international flights. Ta.
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Yen exchange rate temporarily 153 yen - Government/Bank of Japan intervention? Mr. Yen: ``High possibility''
2024-05-02 19:09:00
In the foreign exchange market, the yen appreciated by more than 4 yen on the morning of the 2nd, rising to just 153 yen to the dollar. There is a growing view in the market that the government and the Bank of Japan are repeatedly intervening in the market. When asked by reporters whether he had intervened in the market, Finance Minister Kanda said, ``I have nothing to say about whether there was any intervention.'' On the other hand, Hideshi Sakakibara, who served as a finance minister at the former Ministry of Finance and was nicknamed ``Mr. Yen'' for his repeated aggressive market interventions, believes that the government and the Bank of Japan may have intervened in the market in response to the rapid appreciation of the yen. He expressed the view that he has a high level of sexuality.
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OECD world economic growth forecast raised by 0.2 points
2024-05-02 19:01:00
The Organization for Economic Co-operation and Development (OECD) has released its latest outlook for the world economy, raising its forecast for this year's global growth rate by 0.2 percentage points due to factors such as a decline in the inflation rate.
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Major trading companies last year's financial results: All companies performed well due to overseas business profits increasing due to weaker yen
2024-05-02 18:28:00
The financial results of major trading companies for the past fiscal year were announced one after another on the 2nd. All companies have performed well as the yen has weakened more than originally expected, boosting profits from overseas operations.
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The yen exchange rate suddenly moves to 153 yen, with the government and the Bank of Japan repeatedly intervening in the market?
2024-05-02 17:56:00
In the foreign exchange market, the yen appreciated by more than 4 yen on the morning of the 2nd, rising to just 153 yen to the dollar. There is a growing view in the market that the government and the Bank of Japan are repeatedly intervening in the market.
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Stock price falls slightly
2024-05-02 15:59:00
Stock prices fell slightly on the Tokyo stock market on the 2nd.
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Bank of Japan March Policy Meeting Minutes Announced “Small and Medium Enterprises Also Move to Raise Wages”
2024-05-02 13:15:00
The Bank of Japan has released the minutes of the Monetary Policy Meeting held in March, which decided to change large-scale monetary easing measures such as lifting the negative interest rate policy. It was found that the policy committee members shared the recognition that the movement is continuing among companies.
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The yen exchange rate suddenly moves to 153 yen, with the government and the Bank of Japan repeatedly intervening in the market?
2024-05-02 12:06:00
In the foreign exchange market, the yen appreciated by more than 4 yen on the morning of the 2nd, rising to just 153 yen to the dollar. There is a growing view in the market that the government and the Bank of Japan are repeatedly intervening in the market.
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[Details] U.S. Federal Reserve decides to leave policy interest rate unchanged; cautious stance towards early interest rate cuts
2024-05-02 10:31:00
As the yen remains at a record low level, the US Federal Reserve Board (Federal Reserve System), which influences the yen exchange rate, held a meeting to decide on monetary policy, and announced on the 1st that it had decided to leave the policy interest rate unchanged. . This is the sixth consecutive meeting in which the Fed has kept interest rates unchanged.
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The yen price rose to 153 yen at one point, and the government and the Bank of Japan are expected to intervene in the market.
2024-05-02 10:26:00
In the foreign exchange market, the yen appreciated by more than 4 yen on the morning of the 2nd, rising to just 153 yen to the dollar. There is a view in the market that the government and the Bank of Japan may have intervened in the market.
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The yen price rose to 153 yen at one point, and the government and the Bank of Japan are expected to intervene in the market.
2024-05-02 09:19:00
In the foreign exchange market, the yen appreciated by more than 4 yen on the morning of the 2nd, rising to just 153 yen to the dollar. There is a view in the market that the government and the Bank of Japan may have intervened in the market.
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The yen price rose to 153 yen at one point, and the government and the Bank of Japan are expected to intervene in the market.
2024-05-02 07:42:00
In the New York foreign exchange market on the 1st, the yen swung sharply towards the appreciation after Federal Reserve Chairman Jerome Powell's press conference, and at one point the yen exchange rate rose by more than 4 yen to just 153 yen to the dollar. . There is a view in the market that the Japanese government and the Bank of Japan may have intervened in the market by selling dollars and buying yen.
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Last fiscal year, listed companies announced share buybacks, totaling over 10 trillion yen, the largest ever
2024-05-02 07:17:00
Share buybacks, which companies carry out with the aim of returning profits to shareholders, are becoming more active, with the total amount of share buybacks announced by listed companies last fiscal year exceeding 10 trillion yen, the highest ever. I did.
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Stockholders' general meeting peaks in June; companies' responses to the flurry of shareholder proposals are in focus
2024-05-02 07:06:00
Ahead of the general shareholders' meetings of listed companies, which will peak in June, shareholder proposals from so-called activists are coming in one after another, and the focus is likely to be on how companies should respond.
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[Details] U.S. Federal Reserve decides to leave policy interest rate unchanged; cautious stance towards early interest rate cuts
2024-05-02 07:05:00
As the yen remains at a record low level, the US Federal Reserve Board (Federal Reserve System), which influences the yen exchange rate, held a meeting to decide on monetary policy, and announced on the 1st that it had decided to leave the policy interest rate unchanged. . This is the sixth consecutive meeting in which the Fed has kept interest rates unchanged.
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Digital currency Government and Bank of Japan “System and legal system need to be considered”
2024-05-02 06:42:00
Regarding digital currency that can be used in the same way as banknotes and coins, the government and the Bank of Japan will need to summarize future issues and consider the system and legal system, keeping in mind that it will be used for international payments such as trade. I am.
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