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

Economic news(2024/08/06)


Kyoto   Hakone

NY Stock Market Dow Jones Industrial Average: Buying and selling mixed immediately after trading began

2024-08-06 22:53:00
On the 6th, the New York Stock Exchange saw a mix of buying and selling from the moment trading began. At one point, the Dow Jones Industrial Average rose by more than $100.

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NTT East to transfer shares of Omiya Ardija and other clubs to Red Bull

2024-08-06 20:48:00
NTT East announced that it will transfer 100% of the shares issued by the management company of J3 soccer team Omiya Ardija to Red Bull, a major Austrian beverage manufacturer. According to the J.League, this is the first time that a foreign company will become the sole owner of a J.League club.

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The yen temporarily fell to the 146 yen range against the dollar.

2024-08-06 19:27:00
On the 6th, in the Tokyo foreign exchange market, an index showing business confidence in the US service industry exceeded market expectations, and expectations that the pace of interest rate cuts would be accelerated receded, with the yen temporarily falling to the 146 yen range per dollar.

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Nikkei average stock price suddenly rises by more than 3,200 yen to close, the largest increase in history

2024-08-06 19:20:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. On the 6th, the situation reversed, with investors buying back stocks that had fallen in price, and the Nikkei average rose by more than 3,200 yen at the closing price, its biggest increase ever.

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Nikkei average stock price suddenly rises by more than 3,200 yen to close, the largest increase in history

2024-08-06 18:53:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. On the 6th, the situation reversed, with investors buying back stocks that had fallen in price, and the Nikkei average rose by more than 3,200 yen at the closing price, its biggest increase ever.

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June real wages increased for the first time in 27 months, cash earnings up 4.5% year-on-year

2024-08-06 18:35:00
The total amount of cash earnings per worker in June this year, including basic salary and bonuses, increased by 4.5% compared to the same month last year, the highest growth rate in about 27 years. As a result, real wages, which reflect prices, also turned positive for the first time in 27 months.

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Minister of Economy, Trade and Industry Saito confirms progress of Japan Pavilion at Osaka-Kansai Expo

2024-08-06 17:53:00
On the 6th, Minister of Economy, Trade and Industry Saito inspected the Japan Pavilion, which is currently under construction at the Osaka-Kansai Expo site, and confirmed the progress of construction ahead of the Expo's opening in April next year.

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Extraordinary meeting held due to stock price fluctuations: "Rapid risk aversion worldwide"

2024-08-06 17:17:00
As stock prices continue to fluctuate rapidly in financial markets, the Ministry of Finance, the Financial Services Agency, and the Bank of Japan held an emergency meeting on the 6th. After the meeting, Vice-Minister of Finance Mimura stated that he recognized that there had been a rapid risk-averse movement worldwide, and that the government and the Bank of Japan would work together to assess the trends in financial markets.

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Nikkei average stock price suddenly rises by more than 3,200 yen to close, the largest increase in history

2024-08-06 17:00:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. On the 6th, the situation reversed, with investors buying back stocks that had fallen in price, and the Nikkei average rose by more than 3,200 yen at the closing price, its biggest increase ever.

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Nikkei average stock price suddenly rises by more than 3,200 yen to close, the largest increase in history

2024-08-06 15:30:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. On the 6th, the situation reversed, with investors buying back stocks that had fallen in price, and the Nikkei average rose by more than 3,200 yen at the closing price, its biggest increase ever.

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Nikkei Stock Average closes at 3,217.04 yen, the largest increase in history

2024-08-06 15:04:00
The Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average on the 5th. On the 6th, the situation reversed and buying back spread, with the Nikkei average closing at 3,217.04 yen, its biggest increase ever, surpassing the 2,676.55 yen recorded in October 1990.

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Capital investment plans for this fiscal year by major domestic companies are up 20% from last year

2024-08-06 14:44:00
A summary by a government-affiliated financial institution has revealed that the amount of capital investment planned by major domestic companies this fiscal year is set to increase by more than 20% from last year's actual figures, due to increased investment in semiconductors and other related areas.

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Kawasaki Heavy Industries apologizes for slush fund scandal, "Investigation to be carried out, compliance to be rigorous"

2024-08-06 14:42:00
Kawasaki Heavy Industries once again apologized at its financial results press conference regarding the issue of the misappropriation of slush funds generated from a submarine repair contracted by the Self-Defense Forces, and emphasized its intention to continue the investigation while striving to ensure strict compliance.

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Nikkei average stock price rises by more than 3,400 yen, the largest increase in history

2024-08-06 14:18:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. Today, the market saw a sudden reversal in the trend, with the Nikkei average rising by more than 3,400 yen at one point, surpassing the 2,677.54 yen mark recorded in October 1990 and becoming its biggest intraday increase ever.

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The Ministry of Finance maintains its assessment that the economy is "recovering slowly"

2024-08-06 14:13:00
The Ministry of Finance maintained its assessment of the current state of the national economy, saying, "Although some areas are showing signs of weakness, the economy is gradually recovering." As for the outlook, it said it is necessary to be cautious about the effects of a downturn in overseas economies and fluctuations in financial and capital markets.

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Kawasaki Heavy Industries: Message from President on Slush Funds Scandal: "Sincere Apologies"

2024-08-06 13:46:00
Regarding the issue of Kawasaki Heavy Industries misappropriating slush funds generated from repairs of submarines contracted by the Self-Defense Forces, Executive Vice President Katsuya Yamamoto read a message from President Yasuhiko Hashimoto during an online financial results conference, apologizing, "We are extremely sorry and would like to offer our sincere apologies once again for the concern and inconvenience caused to everyone regarding the inappropriate conduct in the submarine business." He went on to say, "We are not only working to clarify the truth, but are also conducting a company-wide investigation to see if there are any other cases of misconduct. We are determined to take this incident as an opportunity to get to the bottom of everything and work to rebuild our compliance and governance systems."

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The NY Dow plunges by more than $1,000 for the first time in about 1 year and 11 months amid concerns about economic slowdown

2024-08-06 13:41:00
On the 5th, the New York stock market saw an accelerated sell-off of stocks by investors seeking to avoid risk amid concerns about a slowdown in the US economy, and the Dow Jones Industrial Average fell by more than $1,000 for the first time in approximately 1 year and 11 months.

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Nikkei average stock price rises by more than 3,400 yen, the largest increase in history

2024-08-06 12:54:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. Today, the market saw a sudden reversal in the trend, with the Nikkei average rising by more than 3,400 yen at one point, surpassing the 2,677.54 yen mark recorded in October 1990 and becoming its biggest intraday increase ever.

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Nikkei average stock price rises by more than 3,400 yen, the largest increase in history

2024-08-06 12:00:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. Today, the market saw a sudden reversal in the trend, with the Nikkei average rising by more than 3,400 yen at one point, surpassing the 2,677.54 yen mark recorded in October 1990 and becoming its biggest intraday increase ever.

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June household survey: Real consumption -1.4% compared to the same month last year, the second consecutive month of decline

2024-08-06 11:41:00
The amount of money spent by households with two or more people in June this year, excluding price fluctuations, was down 1.4% from the same month last year, marking the second consecutive month of declines. Although spending on heat countermeasures such as purchasing air conditioners increased, consumers remain frugal due to high prices and other factors.

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The yen temporarily fell to the 146 yen range against the dollar.

2024-08-06 10:47:00
On the 6th, the Tokyo foreign exchange market saw the yen temporarily fall to the 146 yen range against the dollar as an index showing business confidence in the US service industry exceeded market expectations and views that the pace of interest rate cuts would be accelerated receded.

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Nikkei average stock price rises by more than 3,400 yen, the largest increase in history

2024-08-06 10:40:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. On the 6th, immediately after the start of trading, there was a movement to buy back stocks that had fallen sharply, and the Nikkei average temporarily rose by more than 3,400 yen, surpassing the 2,677.54 yen mark recorded in October 1990 and becoming the biggest intraday increase on record.

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Nikkei average stock price rises by more than 3,400 yen, the largest increase in history

2024-08-06 10:09:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. On the 6th, immediately after the start of trading, there was a movement to buy back stocks that had fallen sharply, and the Nikkei average temporarily rose by more than 3,400 yen, surpassing the 2,677.54 yen mark recorded in October 1990 and becoming the biggest intraday increase on record.

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The NY Dow plunges by more than $1,000 for the first time in about 1 year and 11 months amid concerns about economic slowdown

2024-08-06 09:26:00
On the 5th, the New York stock market saw an accelerated sell-off of stocks by investors seeking to avoid risk amid concerns about a slowdown in the US economy, and the Dow Jones Industrial Average fell by more than $1,000 for the first time in approximately 1 year and 11 months.

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Stock price temporarily rises by more than 2,600 yen, as investors buy back stocks that have fallen in price

2024-08-06 09:15:00
On the 5th, the Tokyo Stock Exchange saw its biggest ever drop in the Nikkei average. On the 6th, immediately after trading began, there was a move to buy back stocks that had fallen sharply, and the Nikkei average temporarily rose by more than 2,600 yen. On the 5th, the New York Stock Exchange saw a rise in sell orders due to concerns about a slowdown in the US economy, and the Dow Jones Industrial Average plummeted by more than 1,000 dollars for the first time in about 1 year and 11 months. However, the Nikkei average had fallen for three consecutive business days up until the 5th, with the decline reaching more than 7,600 yen, so there was a move to buy back.

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June real wages increased for the first time in 27 months, cash earnings up 4.5% year-on-year

2024-08-06 08:30:00
The total amount of cash earnings per worker in June this year, including basic salary and bonuses, increased by 4.5% compared to the same month last year, the highest growth rate in about 27 years. As a result, real wages, which reflect prices, also turned positive for the first time in 27 months.

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Manufacturers respond to logistics manpower shortage by introducing trucks with regular driver's licenses

2024-08-06 06:33:00
Truck manufacturers have also begun to take new measures to address the serious labor shortage in the logistics industry, such as introducing new trucks that can be driven with a regular driver's license and strengthening driving assistance functions.

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The NY Dow plunges by more than $1,000 for the first time in about 1 year and 11 months amid concerns about economic slowdown

2024-08-06 06:08:00
On the 5th, the New York stock market saw an accelerated sell-off of stocks by investors seeking to avoid risk amid concerns about a slowdown in the US economy, and the Dow Jones Industrial Average fell by more than $1,000 for the first time in approximately 1 year and 11 months.

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Yen exchange rate (NY) temporarily returns to the upper 144 yen range per dollar

2024-08-06 05:04:00
On the 5th, in the New York foreign exchange market, an index showing business confidence in the US service industry exceeded market expectations, leading to a move to sell yen and buy back dollars, and the yen temporarily fell to the high 144 yen range per dollar.

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Tokyo Stock Market: Largest ever fall - focus on whether the sudden drop can be halted

2024-08-06 04:59:00
On the 5th, the Tokyo Stock Exchange saw the Nikkei average fall by over 4,400 yen, surpassing the day after Black Monday in 1987 and marking the biggest drop ever. With record-breaking declines occurring one after another since last week, the focus will be on whether the sharp decline in stock prices will be halted in trading on the 6th.

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U.S. service sector business confidence index exceeds 50 mark for first time in two months

2024-08-06 00:48:00
The "Business Sentiment Index" for the service industry announced in the United States on the 5th was 51.4 last month, exceeding the 50 mark that indicates whether the economy is expanding or contracting. This shows the strength of the service industry, which has been supporting the American economy.

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Kyoto   Mt.Fuji


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