Economic news(2024/06/04)
Ministry of Land, Infrastructure, Transport and Tourism enters Toyota headquarters to inspect vehicle performance tests
2024-06-04 19:30:00
On the 4th, the Ministry of Land, Infrastructure, Transport and Tourism began an on-site inspection of Toyota Motor Corporation's headquarters in Toyota City, Aichi Prefecture, in connection with the issue of fraudulent activities by five companies, including automobile manufacturers, in obtaining type approval, which is necessary for the mass production of automobiles and other products.
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Ministry of Land, Infrastructure, Transport and Tourism enters Toyota headquarters to inspect vehicle performance tests
2024-06-04 19:16:00
On the 4th, the Ministry of Land, Infrastructure, Transport and Tourism conducted an on-site inspection at Toyota Motor Corporation's headquarters in Toyota City, Aichi Prefecture, due to an issue in which five companies, including automobile manufacturers, were committing fraud in obtaining the "type designation" necessary for mass production of automobiles. I started.
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TSMC Top Factory in Kumamoto Prefecture “Consideration of expansion of 3rd factory if local support is granted”
2024-06-04 18:49:00
The head of Taiwan's TSMC, the world's largest contract manufacturer of semiconductors, has stated that he will consider whether to build a third factory in Kumamoto Prefecture after ensuring the operation and construction of the first and second factories. He also stated that he would consider it if the residents agreed, hinting at the expansion of the factory.
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Four regions included in the government's "Special Financial and Asset Management Zones": Tokyo, Osaka, Fukuoka, Hokkaido
2024-06-04 18:27:00
Four regions, Tokyo, Osaka, Fukuoka, and Hokkaido, have been designated by the government as special financial and asset management zones that promote environmental improvement and deregulation with the aim of becoming an international financial city.
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Yen market price rise
2024-06-04 18:24:00
In the Tokyo foreign exchange market on the 4th, the yen exchange rate rose.
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An exhibition featuring the latest technology such as cooking robots Koto Ward, Tokyo
2024-06-04 18:12:00
An exhibition that brings together the latest technologies, including robots that handle cooking, began on the 4th in an effort to address the labor shortage in food manufacturers and the restaurant industry.
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Ministry of Land, Infrastructure, Transport and Tourism enters Toyota headquarters to inspect vehicle performance tests
2024-06-04 18:08:00
On the 4th, the Ministry of Land, Infrastructure, Transport and Tourism conducted an on-site inspection at Toyota Motor Corporation's headquarters in Toyota City, Aichi Prefecture, due to an issue in which five companies, including automobile manufacturers, were committing fraud in obtaining the "type designation" necessary for mass production of automobiles. I started.
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This year's semiconductor market size forecast revised upwards, expected to increase by 16% compared to last year
2024-06-04 18:02:00
This year, industry groups have revised upward their predictions for the global semiconductor market size in 2024 from six months ago due to the expansion of AI-related demand. We expect an increase of 16% compared to last year.
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Mazda's factory location falsified in certification exam, Yamaguchi - Voices of anxiety and anger in Hofu
2024-06-04 17:35:00
Mazda has decided to suspend production of a total of two vehicle models after receiving instructions to suspend shipments due to a series of cases in which five major automakers were found to have cheated on national certification exams. In Hofu City, the prefecture, voices of anxiety and anger were heard.
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Gifu Governor requests JR Tokai president to reduce well water level problem due to linear construction
2024-06-04 17:24:00
Governor Furuta of Gifu Prefecture met with JR Tokai President Shunsuke Niwa regarding the problem of declining water levels in wells and other areas around the tunnel construction site for the Linear Chuo Shinkansen in Gifu Prefecture, and asked him to utilize the knowledge of experts to resolve the issue. We asked them to create a model for solving this problem.
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DMM Bitcoin illegal leakage Minister of Finance “Appropriate response to user protection”
2024-06-04 16:47:00
Regarding the issue of 48 billion yen worth of Bitcoin being illegally leaked from "DMM Bitcoin", which operates a crypto asset exchange business, Finance Minister Suzuki expressed his intention to respond appropriately from the perspective of user protection.
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Stock price falls slightly
2024-06-04 16:06:00
Stock prices fell slightly on the Tokyo stock market on the 4th.
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stock price fall
2024-06-04 12:27:00
Stock prices are falling on the Tokyo stock market on the 4th.
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Finance Minister Suzuki says market intervention totaling more than 9.78 trillion yen “had some effect”
2024-06-04 11:22:00
As the foreign exchange market continues to experience a historically weak yen, Finance Minister Suzuki said that the government and the Bank of Japan have invested a total of more than 9.78 trillion yen in market intervention from April to last month, which has had some effect. However, he indicated that he would continue to monitor market trends.
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Ministry of Land, Infrastructure, Transport and Tourism enters Toyota headquarters to inspect vehicle performance tests
2024-06-04 09:50:00
On the 4th, the Ministry of Land, Infrastructure, Transport and Tourism conducted an on-site inspection at Toyota Motor Corporation's headquarters in Toyota City, Aichi Prefecture, due to an issue in which five companies, including automobile manufacturers, were committing fraud in obtaining the "type designation" necessary for mass production of automobiles. I started.
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NY Dow Jones Industrial Average drops more than $400 at one point, trading halted for some stocks
2024-06-04 07:15:00
At the New York Stock Exchange on the 3rd, the Dow Jones Industrial Average dropped by more than 400 points at one point.
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AI in the retail field also helps with customer service: Addressing labor shortages with new technology
2024-06-04 07:05:00
In the retail field, there is a growing movement to use new technologies to deal with labor shortages, such as AI with enhanced product knowledge and other specialized knowledge serving customers instead of humans.
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NY crude oil futures prices fall to $73 for the first time in about 4 months
2024-06-04 06:44:00
At the New York crude oil market on the 3rd, international crude oil futures prices temporarily fell to the $73/barrel level for the first time in about four months. This is based on the view that supply will increase if eight countries, including Saudi Arabia, voluntarily reduce their crude oil production in a gradual manner starting from October this year.
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Representative of London’s financial district “City” “Flexible entry of talented people”
2024-06-04 06:40:00
The representative of "City", the financial district of London, UK, responded to an exclusive interview with NHK. He recognized that in order to make Japan an international financial center, it is important to flexibly allow talented global human resources to enter the country, such as by establishing an efficient visa system.
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Considering raising the contribution limit for “individual-type” defined contribution pension “iDeCo”
2024-06-04 06:16:00
Regarding the ``individual'' defined contribution pension ``iDeCo'' that is added to the public pension, the government is proceeding with consideration of raising the limit on contributions and hopes to reach a conclusion by the end of the year. The aim is to encourage a shift from savings to investment, and we are making adjustments to include these details in the ``robust policy'' we will be compiling this month.
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Automobile certification test fraud Concerns about impact on local economy due to production stoppage
2024-06-04 05:22:00
Toyota Motor Corporation has decided to suspend production of the three affected vehicle models starting from the 6th due to a series of cases where five companies, including major automakers, were found to have cheated on national certification exams. Mazda has also announced that it will suspend production of two models, raising concerns about the impact on local economies including its customers.
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Ministry of Land, Infrastructure, Transport and Tourism visits Toyota headquarters for on-site inspection of fraudulent vehicle performance tests
2024-06-04 05:11:00
On the 4th, the Ministry of Land, Infrastructure, Transport and Tourism visited Toyota Motor Corporation's headquarters in Toyota City, Aichi Prefecture, to investigate the detailed facts surrounding an issue in which five companies, including automobile manufacturers, committed fraud in obtaining type designations necessary for mass production of automobiles and other vehicles. The policy is to conduct on-site inspections.
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