Economic news(2024/07/17)
The yen strengthened in the London market, temporarily reaching the low 156 yen range against the dollar.
2024-07-17 20:47:00
On the 17th, the yen strengthened in the London foreign exchange market, temporarily rising to the low 156 yen range against the dollar.
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Sumitomo Mitsui Card partners with Money Forward to enhance financial app functionality
2024-07-17 20:24:00
Sumitomo Mitsui Card, a major credit card company, has announced that it will partner with Money Forward, an IT company that develops household accounting apps, to enhance the functionality of the financial app for individuals that the group offers.
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Tokyo Gas: "Personal information of approximately 4.16 million people leaked or subsidiary illegally accessed"
2024-07-17 18:38:00
Tokyo Gas announced that a subsidiary's network was illegally accessed, and that personal information provided by business partners of approximately 4.16 million people may have been leaked. At present, there is no evidence that the personal information was used illegally.
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The yen rose by more than 1 yen against the dollar.
2024-07-17 18:32:00
On the 17th, the yen rose by more than 1 yen against the dollar on the Tokyo foreign exchange market as the trend of buying yen and selling dollars rapidly intensified in the afternoon.
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Ministry of Land, Infrastructure, Transport and Tourism sets up meeting to tackle transportation gaps, with ride-sharing as key
2024-07-17 18:16:00
In order to eliminate areas known as "transportation gaps" where it is difficult to secure transportation such as buses or taxis, the Ministry of Land, Infrastructure, Transport and Tourism set up a countermeasures committee on the 17th and confirmed its intention to set targets for measures in all local governments with transportation gaps by the end of the year, with the spread of ride-sharing as its main pillar.
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Fujifilm and Konica Minolta to establish joint venture for multifunction copiers
2024-07-17 16:57:00
Fujifilm Holdings and Konica Minolta have announced that they will establish a joint venture to jointly procure raw materials for office multifunction printers and other businesses. As demand declines due to the shift to paperless systems, there have been a series of moves to restructure businesses through collaboration with other companies.
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Tokyo Gas: "Personal information of approximately 4.16 million people leaked or subsidiary illegally accessed"
2024-07-17 16:44:00
Tokyo Gas announced that there was unauthorized access to the network of one of its subsidiaries, resulting in the possible leakage of personal information of approximately 4.16 million people.
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Stock prices fall Sell orders for semiconductor-related stocks
2024-07-17 16:31:00
On the Tokyo Stock Exchange on the 17th, semiconductor-related stocks were sold and the Nikkei average fell.
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Former President Trump: "The Fed should not cut interest rates before the presidential election"
2024-07-17 15:52:00
In an interview with American media outlet Bloomberg, former President Trump warned that the Federal Reserve should not cut interest rates before the presidential election in the fall.
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Suzuki's new technology strategy: Plan to start development of next-generation vehicle "SDV"
2024-07-17 14:06:00
Suzuki has announced a new technology strategy, with President Toshihiro Suzuki revealing plans to begin development of a next-generation vehicle called "SDV."
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Japan Foreign Trade Council Chairman: "We will continue to develop our business regardless of who the US president is"
2024-07-17 13:50:00
In connection with former President Trump being officially nominated as the opposition Republican presidential candidate in the upcoming US presidential election, Tatsuo Yasunaga, chairman of the Japan Foreign Trade Council, an organization made up of major trading companies and other organizations, expressed his view at a press conference on the 17th that it is important to develop business in a way that will not be influenced by politics, regardless of who is elected president.
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Musk announces intention to move SpaceX and its headquarters to Texas
2024-07-17 13:40:00
Businessman Elon Musk has announced his intention to move the headquarters of his company, SpaceX, and the formerly known as Twitter, from California to Texas.
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Stock prices rise slightly
2024-07-17 12:09:00
On the 17th, the Nikkei Stock Average on the Tokyo Stock Exchange rose slightly.
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Two days a week is OK! Interest in "part-time full-time employees" is growing, even among small and medium-sized enterprises
2024-07-17 06:57:00
A "part-time regular employee" system, which allows employees to work as regular employees for shorter hours such as 60 hours a month or two days a week, instead of full-time, is attracting interest from small and medium-sized companies that are struggling to secure human resources. As diverse working styles, including side jobs and dual careers, become more widespread, efforts are being made to raise awareness of the system in anticipation of increased demand.
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The NY Dow hits a new intraday high, rising by more than $700
2024-07-17 06:32:00
On the 16th, the New York Stock Exchange saw the Dow Jones Industrial Average rise by over $700, its biggest increase this year, hitting a new all-time high for the second consecutive day, after economic statistics were released confirming the strength of American consumption.
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Draft of G7 trade ministers' meeting statement revealed: Strengthening scrutiny of excess production of electric vehicles, etc.
2024-07-17 06:22:00
The draft ministerial statement for the G7 trade ministers' meeting in Italy has been released. Based on the G7 summit leaders' declaration in June, the statement includes measures such as strengthening monitoring of excess production of electric vehicles and other products, with China in mind.
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