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

Economic news(2024/08/07)


Kyoto   Hakone

Sony Group withdraws from talks to acquire Paramount Global

2024-08-07 19:38:00
At a financial results briefing on the 7th, Sony Group President Hiroki Toki revealed that the company had withdrawn from negotiations to acquire Paramount Global, a major American media company that it had been considering, in order to strengthen its film, music, and other businesses.

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NTT President: "Legal discussions to end telegram service"

2024-08-07 19:07:00
At an earnings briefing on the 7th, NTT President Akira Shimada expressed his opinion that legal discussions should be held to terminate telegram services, which are used in a variety of situations such as weddings and funerals.

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Stock prices rise by more than 1,100 yen at one point following comments by Bank of Japan Deputy Governor Uchida

2024-08-07 19:02:00
The Tokyo Stock Exchange continues to see record fluctuations in stock prices. On the 7th, following comments by Bank of Japan Deputy Governor Uchida, the view that accommodative financial conditions will continue for the time being spread, leading to a buying movement intensifying, and the Nikkei average temporarily rose by more than 1,100 yen.

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Yen temporarily falls to the upper 147 yen range following comments by Bank of Japan Deputy Governor Uchida

2024-08-07 18:36:00
On the 7th, the Tokyo foreign exchange market saw a rapid increase in yen selling following a speech by Bank of Japan Deputy Governor Uchida in which he expressed caution about raising interest rates, and the yen temporarily fell to the high 147 yen range against the dollar.

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Honda Group's April-June operating profit exceeds 480 billion yen, the highest ever

2024-08-07 18:10:00
Honda's group-wide financial results for the April to June period of this year showed operating profit, which represents profits from its core business, exceeding 480 billion yen, the highest ever for this period, thanks to strong sales of hybrid vehicles in Japan and the United States and the effect of a weak yen.

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Major companies' summer bonus average 941,595 yen, second highest on record

2024-08-07 18:01:00
This year's summer bonuses for major companies were an average of 941,595 yen per employee, an increase of more than 38,000 yen from last year and the second highest since the survey began using the current method in 1981.

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Stock prices rise by more than 1,100 yen at one point following comments by Bank of Japan Deputy Governor Uchida

2024-08-07 17:13:00
The Tokyo Stock Exchange continues to see record fluctuations in stock prices. On the 7th, following comments by Bank of Japan Deputy Governor Uchida, the view that accommodative financial conditions will continue for the time being spread, leading to a buying movement intensifying, and the Nikkei average temporarily rose by more than 1,100 yen.

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SoftBank Group reports 174.2 billion yen loss in April-June quarter, third consecutive year of losses

2024-08-07 17:02:00
SoftBank Group announced its financial results for the period from April to June this year, reporting a net loss of 174.2 billion yen. This marks the third consecutive year that the company has posted a net loss for the three-month period.

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China's exports last month increased 7% compared to the same month last year, while imports increased for the first time in two months

2024-08-07 15:58:00
China's exports last month increased 7% compared to the same month last year, due in part to a large increase in exports to Southeast Asia, China's main trading partner. Imports also turned positive for the first time in two months, and with uncertainty about the future of the Chinese economy spreading, attention is focused on whether trade expansion will continue.

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Stock prices rise by more than 1,100 yen at one point following comments by Bank of Japan Deputy Governor Uchida

2024-08-07 15:50:00
The Tokyo Stock Exchange continues to see record fluctuations in stock prices. On the 7th, following comments by Bank of Japan Deputy Governor Uchida, the view that accommodative financial conditions will continue for the time being spread, leading to a buying movement intensifying, and the Nikkei average temporarily rose by more than 1,100 yen.

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June economic activity index falls for first time in four months, 3.4 points down from previous month, Cabinet Office

2024-08-07 15:47:00
The Cabinet Office announced that the coincident index, which indicates the current state of the economy, for June this year was 113.7, down 3.4 points from the previous month, with 2020 as the base year. This is the first decline in the index in four months.

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SoftBank Group posts 174.2 billion yen deficit in April-June financial results

2024-08-07 15:44:00
SoftBank Group announced its financial results for the period from April to June this year, reporting a net loss of 174.2 billion yen. This is the third consecutive year that the company has posted a net loss in the three-month period. The main reason for this is the weak yen, which caused dollar-denominated liabilities to balloon when converted into yen, resulting in a foreign exchange loss of 443.9 billion yen.

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Nikkei Stock Average closes at 35,089.62 yen following Deputy Governor Uchida's remarks

2024-08-07 15:22:00
On the 7th, the Tokyo Stock Exchange, where record stock price fluctuations continued, saw a buying movement intensify as the view that the accommodative financial environment would continue for the time being spread following comments by Bank of Japan Deputy Governor Uchida, and the Nikkei Stock Average rose by more than 1,100 yen at one point. After that, selling orders to lock in profits appeared, and the range of increases narrowed, with the closing price of the Nikkei Stock Average on the 7th being 35,089.62 yen, 414.16 yen higher than on the 6th.

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[Live] Bank of Japan Deputy Governor Uchida's press conference: Stock prices rise by more than 1,100 yen

2024-08-07 15:16:00
Following comments made by Bank of Japan Deputy Governor Uchida in a speech on the Tokyo Stock Exchange on the 7th, the view that accommodative financial conditions will continue for the time being spread, leading to a buying back movement intensifying, and the Nikkei average stock price rose by more than 1,100 yen at one point.

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Prime Minister Kishida to set up a strategic council to strengthen the film and anime content industry

2024-08-07 15:13:00
In order to strengthen the content industry, such as movies and anime, Prime Minister Kishida has indicated his intention to establish a strategic council that will include film directors and creators, and to proceed with consideration of support measures to improve working conditions at production sites.

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"Book Off" subsidiary's multiple stores embezzled a total of 70 million yen in cash

2024-08-07 14:36:00
Book Off Group Holdings, which sells used books and other items, is investigating allegations of fraud by employees at several stores operated by its subsidiaries, and has announced that so far it has confirmed embezzlement of a total of 70 million yen in cash through fictitious purchases at 24 stores across the country.

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Stock prices rise by more than 1,100 yen at one point due to a statement by Bank of Japan Deputy Governor Uchida

2024-08-07 12:45:00
Following comments made by Bank of Japan Deputy Governor Uchida in a speech on the Tokyo Stock Exchange on the 7th, the view that accommodative financial conditions will continue for the time being spread, leading to a buying back movement intensifying, and the Nikkei average stock price rose by more than 1,100 yen at one point.

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Bank of Japan Deputy Governor Uchida: "We will not raise interest rates in an unstable situation"

2024-08-07 12:30:00
Amid market instability, including a sudden drop in stock prices, Bank of Japan Deputy Governor Uchida spoke in Hakodate on the 7th, saying, "We will not raise interest rates while the financial and capital markets are unstable." The Bank of Japan decided to raise interest rates further in July, and its future response was attracting attention, but Uchida emphasized that it would carefully consider further rate hikes.

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Stock prices rise by more than 1,100 yen at one point due to a statement by Bank of Japan Deputy Governor Uchida

2024-08-07 12:17:00
Following comments made by Bank of Japan Deputy Governor Uchida in a speech on the Tokyo Stock Exchange on the 7th, the view that accommodative financial conditions will continue for the time being spread, leading to a buying back movement intensifying, and the Nikkei average stock price rose by more than 1,100 yen at one point.

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The yen temporarily fell to the 147 yen range against the dollar.

2024-08-07 12:08:00
On the 7th, in the Tokyo foreign exchange market, following a speech by Bank of Japan Deputy Governor Uchida in which he expressed caution about raising interest rates, there was a rapid increase in yen selling, with the yen temporarily falling to the 147 yen range per dollar.

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Nikkei Stock Average temporarily rises by more than 1,100 yen following comments by Bank of Japan Deputy Governor Uchida

2024-08-07 11:05:00
The Tokyo Stock Exchange continues to see record fluctuations in stock prices. Following comments made by Bank of Japan Deputy Governor Uchida in a speech, the view that the accommodative financial environment will continue for the time being spread, leading to a buying back movement intensifying, and stock prices rose by more than 1,100 yen at one point.

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The yen temporarily fell to the 147 yen range against the dollar.

2024-08-07 10:55:00
On the 7th in the Tokyo foreign exchange market, following comments made by Bank of Japan Deputy Governor Uchida in a speech, there was a rapid increase in the selling of the yen, with the yen temporarily falling to the 147 yen range per dollar.

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Market intervention on April 29th: The amount of funds invested in one day was the largest ever at 5.9185 trillion yen

2024-08-07 10:18:00
In response to the historically weak yen, the government and the Bank of Japan intervened in the market in April and May of this year, injecting more than 5.9 trillion yen in a single day, the largest amount ever.

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Tokyo Stock Exchange Nikkei average temporarily falls by more than 900 yen

2024-08-07 10:14:00
The Tokyo Stock Exchange continues to see record stock price fluctuations, and in the morning of the 7th, sell orders increased, causing the Nikkei average to fall by more than 900 yen at one point. However, buying back then also began, resulting in a mixed market of buying and selling.

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Tokyo Stock Exchange Nikkei average temporarily falls by more than 900 yen

2024-08-07 09:12:00
The Tokyo Stock Exchange continues to see record stock price fluctuations, and sell orders surged immediately after trading began on the 7th, causing the Nikkei average to fall by more than 900 yen at one point.

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NY Stock Market Dow Jones Industrial Average temporarily rises by more than $700

2024-08-07 06:03:00
On the 6th, the New York stock market saw a decline in risk aversion among investors as they expected the global stock market decline might be halted, and investors began to buy back stocks that had fallen in price, causing the Dow Jones Industrial Average to rise sharply by more than $700 at one point.

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Online seminar for individual investors in response to sudden fluctuations in stock prices

2024-08-07 05:51:00
In response to the sudden fluctuations in stock prices, an online investment seminar was held on the evening of the 6th for individual investors, where the lecturer called for people to carefully check the economic situation and make calm investment decisions. Participants posted comments such as "I'm worried" and "I've sold the stocks I own."

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Tokyo Stock Exchange continues to see record fluctuations; focus shifts to whether stock price volatility will subside

2024-08-07 05:36:00
The Tokyo Stock Exchange continues to experience record fluctuations, with the Nikkei average dropping its biggest drop ever on the 5th, followed by its biggest rise ever on the 6th. With some pointing out that high-speed trading by speculators is behind the volatile price movements, the focus is on whether the wild fluctuations in stock prices will subside in trading on the 7th.

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Honda and Suzuki consider ending domestic production of mopeds

2024-08-07 00:05:00
It has been revealed that Honda and Suzuki are considering ending production of mopeds. Due to the strengthening of exhaust gas regulations, it appears that they have decided that new investments will not be profitable, and domestic production of mopeds is expected to end.

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Kyoto   Mt.Fuji


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