Economic news(2024/05/29)
Bank of Japan Councilor Adachi ``We must avoid hasty interest rate hikes''
2024-05-29 19:04:00
Councilor Seiji Adachi, one of the members who decides monetary policy at the Bank of Japan, gave a speech in Kumamoto City, expressing the idea that additional interest rate hikes will be necessary if the yen's depreciation continues for a long time and prices rise more than expected. However, he said, ``A hasty interest rate hike must be avoided at all costs.''
TOP
Samsung Electronics goes on strike for the first time since its founding, with impact on semiconductor business
2024-05-29 18:17:00
The labor union of South Korea's Samsung Electronics, a global semiconductor manufacturer, has announced that it will go on strike for the first time since its founding, as negotiations with management have broken down, and attention is focused on the impact on the semiconductor business.
TOP
Yen market price falls slightly
2024-05-29 18:03:00
At the Tokyo foreign exchange market on the 29th, the yen fell slightly against the dollar.
TOP
Bank of Japan ETF “unrealized gain” of over 37 trillion yen more than doubles due to stock price rise
2024-05-29 17:52:00
It has been revealed that unrealized gains on exchange-traded funds (ETFs) that the Bank of Japan purchased as part of its large-scale easing measures have more than doubled compared to a year ago due to the impact of rising stock prices, reaching over 37 trillion yen. .
TOP
New company taking over big motor business Report on efforts to prevent recurrence
2024-05-29 17:37:00
The president of the new company that took over the business of the former Big Motor Co., Ltd., which suffered a series of fraudulent insurance claims, met with executives from the Ministry of Land, Infrastructure, Transport and Tourism and reported on the current status of efforts to prevent recurrence.
TOP
Eight railway companies to replace magnetic short-distance tickets with "QR codes"
2024-05-29 17:35:00
When traveling by train, we have been accustomed to using magnetic tickets for many years. With a view to discontinuing it in the future, it will be gradually replaced by QR codes. Eight railway companies operating in the Tokyo metropolitan area, including JR East, made the announcement on the 29th.
TOP
Ministry of Economy, Trade and Industry to accelerate commercialization of next-generation solar cells and set introduction targets for 2040
2024-05-29 17:02:00
In order to accelerate the practical application of next-generation solar cells that are thin, light, and foldable, the Ministry of Economy, Trade and Industry has decided to set new implementation targets for 2040 in order to expand the introduction of renewable energy.
TOP
May consumer attitude index downwardly revised after 2 consecutive months of decline Cabinet Office
2024-05-29 16:07:00
The Cabinet Office announced on the 29th that the consumer attitude index for May was 36.2 for households with two or more people, 2.1 points lower than the previous month, and decreased for the second consecutive month.
TOP
stock price fall
2024-05-29 15:46:00
Stock prices fell on the Tokyo stock market on the 29th.
TOP
Long-term interest rates rose to 1.075%, the highest level since December 2011
2024-05-29 15:23:00
In the bond market on the 29th, in the afternoon the yield on 10-year government bonds, a representative indicator of long-term interest rates, hit 1.075%, the highest level since December 2011.
TOP
China's economic growth rate forecast raised to 5.0% IMF
2024-05-29 14:54:00
The International Monetary Fund (IMF) has raised its economic growth rate forecast for China to 5.0% in 2024, indicating that the country is expected to achieve the Chinese government's growth rate target of "around 5%." Ta. However, he urged the government to implement more comprehensive policies, citing the risk of a prolonged real estate recession.
TOP
Long-term interest rates rose to 1.070%, the highest level since December 2011
2024-05-29 13:19:00
In the afternoon of the 29th, in the bond market, the yield on 10-year government bonds, a representative indicator of long-term interest rates, hit 1.070%, the highest level since December 2011.
TOP
Long-term interest rates rise to 1.065%, highest level since December 2011
2024-05-29 10:48:00
In the bond market on the 29th, the yield on 10-year government bonds, a representative indicator of long-term interest rates, hit 1.065% in morning trading, the highest level since December 2011.
TOP
Long-term interest rates rise to 1.060%, the highest level in about 12 years since March 2012
2024-05-29 10:05:00
In the bond market on the 29th, the yield on 10-year government bonds, a representative indicator of long-term interest rates, rose to 1.060% in morning trading, the highest level in about 12 years.
TOP
ChatGPT company establishes committee to strengthen AI safety measures
2024-05-29 07:26:00
OpenAI, the American company behind the generative AI ChatGPT, has set up a committee to make recommendations on important safety decisions to strengthen AI safety measures.
TOP
NY stock market NASDAQ stock index exceeds 17,000 for the first time Expectations for AI demand
2024-05-29 06:43:00
In the New York stock market on the 28th, which was trading after the holidays, the NASDAQ stock index, which has many high-tech stocks, rose and exceeded 17,000 for the first time. The closing price was 17,019.88, an increase of 0.5% compared to last weekend, a new all-time high.
TOP
Asahi Kasei announces acquisition of Swedish pharmaceutical company to strengthen pharmaceutical business
2024-05-29 05:44:00
Asahi Kasei announced that it will acquire a Swedish pharmaceutical company as part of its efforts to strengthen its pharmaceutical business. On the other hand, in the petrochemical business, as market conditions continue to deteriorate due to excessive production in China, there is a growing movement among chemical manufacturers to downsize their businesses and transform their profit structures.
TOP