This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2024/07/04)


Kyoto   Hakone

Foreign investors buy Japanese stocks for the first time in six weeks on the back of a weak yen

2024-07-04 21:05:00
Last week, overseas investors bought more Japanese stocks than they sold by more than 120 billion yen, marking the first net purchases in six weeks.

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EU to impose provisional tariffs of up to 37.6% on EVs imported from China

2024-07-04 20:56:00
The European Union (EU) has announced that it will impose provisional tariffs of up to 37.6% on electric vehicles (EVs) imported from China from the 5th. As a result of recalculation, the tax rate is slightly lower than the initial plan, and the EU will continue to negotiate with China.

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JR East's policy to combat "customer harassment" has "seemed to have some effect"

2024-07-04 20:39:00
Amid a growing movement in the transportation industry to formulate policies to deal with customer harassment, or "kasuhara," JR East President Yoichi Kise, who established the policy in April of this year, said that the policy has had some effect and expressed his intention to respond industry-wide, including by exchanging opinions with other railway companies.

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Japan Association of Corporate Executives Summer Seminar Discusses Expanding Investment in Japan

2024-07-04 19:44:00
The Japan Business Federation's summer seminar reached its final day on the 4th, with opinions expressed including the need to improve the future prospects of business in order to expand investment in Japan, which will lead to increased demand for the yen as a currency, as the yen continues to weaken.

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Mitsubishi Heavy Industries' subsidiary that withdrew from domestic jet manufacturing files for special liquidation

2024-07-04 19:32:00
Mitsubishi Heavy Industries announced that a subsidiary that withdrew from the development of Japan's first domestically produced jet passenger aircraft has filed for special liquidation with the Tokyo District Court. The total debt amounted to more than 640 billion yen.

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Number of domestic travelers in summer estimated to be lower than last year, according to major travel agencies

2024-07-04 19:11:00
Major travel agencies have compiled estimates that the number of people traveling domestically this summer will be fewer than last year.

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China's largest EV manufacturer "BYD" completes new production facility in Thailand

2024-07-04 18:45:00
In Thailand, where Japanese automakers have a large market share, the Chinese electric vehicle manufacturer BYD has completed construction of a new production facility and begun local production. Chinese EV manufacturers are setting up factories in Thailand one after another, and the competition between the companies is likely to become even more intense.

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Stock price rises to close at 40,913.65 yen, hitting an all-time high for the first time in about three months

2024-07-04 18:42:00
On the 4th, the Tokyo Stock Exchange saw a surge in buying orders for many stocks, including semiconductors and export-related stocks, with the Nikkei Stock Average hitting a new all-time high for the closing price for the first time in about three months since late March of this year. The Tokyo Stock Price Index (TOPIC) also surpassed its all-time high, which it had reached in December 1989 during the bubble period.

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Yen exchange rate rises: "Downturn in US long-term interest rates leads to dollar selling and yen buying"

2024-07-04 18:16:00
The yen rose in value on the Tokyo foreign exchange market on the 4th.

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Labor shortages cause bankruptcies in first half of this year - record high of 182 companies

2024-07-04 18:15:00
Amid the continuing serious labor shortage, a survey has found that the number of companies that went bankrupt due to labor shortages in the first half of this year reached a total of 182, the highest number ever for this time of year.

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Stock price rises to close at 40,913.65 yen, hitting an all-time high for the first time in about three months

2024-07-04 18:05:00
On the 4th, the Tokyo Stock Exchange saw a surge in buying orders for many stocks, including semiconductors and export-related stocks, with the Nikkei Stock Average hitting a new all-time high for the closing price for the first time in about three months since late March of this year. The Tokyo Stock Price Index (TOPIC) also surpassed its all-time high, which it had reached in December 1989 during the bubble period.

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Fukushima's Inawashiro Town issues letter of thanks to Hideyo Noguchi: "Contributing to the local community with the 'face' on the old banknote"

2024-07-04 16:19:00
New banknotes were issued, and the face on the 1,000 yen note was changed from Hideyo Noguchi to Shibasaburo Kitasato. In response to this, Noguchi's hometown, Inawashiro Town, Fukushima Prefecture, held a ceremony to present a letter of appreciation to him for being the "face" of the old 1,000 yen note for 20 years and for his contribution to raising the local profile.

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Stock price rises to close at 40,913.65 yen, hitting an all-time high for the first time in about three months

2024-07-04 16:11:00
On the 4th, the Tokyo Stock Exchange saw a surge in buying orders for many stocks, including semiconductors and export-related stocks, with the Nikkei Stock Average hitting a new all-time high for the closing price for the first time in about three months since late March of this year. The Tokyo Stock Price Index (TOPIC) also surpassed its all-time high, which it had reached in December 1989 during the bubble period.

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Topics: The bubble era record high is surpassed for the first time in 34 and a half years

2024-07-04 12:23:00
On the 4th, the Tokyo Stock Exchange saw buying orders for semiconductor-related and other stocks, and the Tokyo Stock Price Index (TOPIC) surpassed its all-time high during trading hours, which was set in December 1989 during the bubble period.

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Topics: The bubble era record high is surpassed for the first time in 34 and a half years

2024-07-04 11:56:00
On the 4th, the Tokyo Stock Exchange saw many buy orders for semiconductor-related and other stocks, and the Tokyo Stock Price Index (TOPIC) surpassed its all-time high during trading hours, which was set in December 1989 during the bubble period.

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Topics: The bubble era record high is surpassed for the first time in 34 and a half years

2024-07-04 11:14:00
On the 4th, the Tokyo Stock Exchange saw many buy orders for semiconductor-related and other stocks, and the Tokyo Stock Price Index (TOPIC) surpassed its all-time high during trading hours, which was set in December 1989 during the bubble period.

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Stock prices rise Topics hit record high for the first time in 34 and a half years

2024-07-04 09:31:00
On the 4th, stock prices rose on the Tokyo Stock Exchange, with the Tokyo Stock Price Index (TOPIX) reaching a new all-time high during trading hours, the highest it had been in 34 and a half years since December 1989 during the bubble period. On the 3rd, in the New York market, high-tech stocks were bought on the back of a decline in long-term interest rates in the US, and the Nasdaq stock price index reached a new record high at the closing price. Following this trend, buying orders for semiconductor-related stocks and other stocks spread to the Tokyo market immediately after trading began.

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Federal Reserve Board minutes released: "Interest rate cuts require data showing sustained decline in inflation"

2024-07-04 06:13:00
Minutes from a June meeting of the Federal Reserve, the US central bank, have been made public, showing that participants were in agreement that they needed more reliable data showing a sustained decline in inflation before starting to cut interest rates.

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Mizuho Bank president: "ATM installation strategy needs to be reviewed, including collaboration with other companies"

2024-07-04 05:16:00
In an interview with NHK, Mizuho Bank President Katsuhiko Kato said that as cashless transactions become more common, it is necessary to review the bank's ATM installation strategy, and that the bank will consider collaboration with other companies while taking into account convenience and cost.

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Honda and Nissan to develop new in-vehicle OS to control cars, considering commonality

2024-07-04 00:11:00
Honda and Nissan Motor Co., Ltd. are reportedly considering developing and standardizing a new in-vehicle OS, a software that integrates vehicle control. By joining forces in a field that will become increasingly important in the future, the two rival manufacturers aim to increase their competitiveness on the world stage.

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Kyoto   Mt.Fuji


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