Economic news(2024/09/18)
Lawson to develop convenience stores incorporating the latest communication and digital technologies
2024-09-18 19:22:00
Following the addition of telecommunications giant KDDI to its management, Lawson, a major convenience store chain, held a joint press conference and announced that it will launch convenience stores incorporating the latest communications and digital technologies by next spring.
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Japan and the UAE agree to begin negotiations on an economic partnership agreement
2024-09-18 19:14:00
The government has agreed to begin negotiations on an economic partnership agreement with the United Arab Emirates (UAE) in the Middle East. The main aim is to further strengthen ties in order to secure a stable supply of resources.
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Monthly economic report for September: "Some stagnation but gradual recovery" - basic assessment maintained
2024-09-18 19:05:00
In its September monthly economic report, the government maintained its basic assessment of the current economic situation, saying that the economy is "recovering slowly, although some areas remain sluggish."
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Nippon Steel resubmits US Steel acquisition plan to US government committee
2024-09-18 18:58:00
It has been learned that Nippon Steel has resubmitted its plan to the US government committee reviewing its acquisition of US Steel, a major American steel manufacturer, in order to make the acquisition a reality. As a result, the review period is expected to be extended, and some are speculating that the committee's decision will be extended until after the presidential election in November of this year.
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2.93 million foreign tourists visit Japan in August, the highest number ever for the month
2024-09-18 18:34:00
Last month, 2.93 million foreign tourists visited Japan, the highest number ever for the month of August. The recovery of tourists from China is notable.
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The yen fell by more than 1 yen, as yen selling and dollar buying intensified.
2024-09-18 18:22:00
On the 18th, in the Tokyo foreign exchange market, the strength of the US economy was recognized, leading to a stronger trend of selling yen and buying dollars, causing the yen to fall by more than 1 yen.
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Stock prices rise slightly
2024-09-18 18:21:00
On the 18th, stock prices on the Tokyo Stock Exchange rose slightly.
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Japan Securities Dealers Association orders Mitsubishi UFJ Bank and three other companies to pay a total of 500 million yen in fines
2024-09-18 17:14:00
On the 18th, the Japan Securities Dealers Association ordered three Mitsubishi UFJ Financial Group companies, including a bank and securities firm, to pay a combined fine of 500 million yen in connection with the issue of the companies sharing non-public information about client companies without permission.
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Markets almost certain that the Fed will cut interest rates for the first time in 4.5 years at its monetary policy meeting
2024-09-18 16:02:00
The Federal Reserve Board of the United States is holding a meeting to decide on monetary policy, and will announce the results at 3:00 a.m. on the 19th, Japan time. It is almost certain in the market that the Fed will change its monetary policy and decide to cut interest rates for the first time in four and a half years.
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Nippon Steel to resubmit plan to acquire US Steel to US government
2024-09-18 13:23:00
It has been learned that Nippon Steel has decided to resubmit its plan to the U.S. government committee reviewing its acquisition plan for U.S. Steel, a major American steel manufacturer, in order to make the acquisition a reality. Western media reports that the committee's decision period may be extended until after the presidential election in November.
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Nippon Steel to resubmit plan to acquire US Steel to US government
2024-09-18 12:53:00
It has been learned that Nippon Steel has decided to resubmit its plan to the U.S. government committee reviewing its acquisition plan for U.S. Steel, a major American steel manufacturer, in order to make the acquisition a reality. Western media reports that the committee's decision period may be extended until after the presidential election in November.
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Stock prices rise Buy orders for export-related stocks
2024-09-18 12:41:00
On the Tokyo Stock Exchange on the 18th, buying orders were placed on export-related stocks, causing stock prices to rise.
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US Steel acquisition plan: US government decision to take after November presidential election
2024-09-18 12:11:00
Western media have reported that it may be after the presidential election in November that the U.S. government's Committee on Foreign Investment in the United States will decide whether to approve Nippon Steel's plan to acquire U.S. Steel, a major American steel manufacturer.
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Nippon Steel to resubmit plan to acquire US Steel to US government
2024-09-18 11:58:00
It has been learned that Nippon Steel has decided to resubmit its plan to the U.S. government committee reviewing its acquisition plan for U.S. Steel, a major American steel manufacturer, in order to make the acquisition a reality. Western media reports that the committee's decision period may be extended until after the presidential election in November of this year.
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US Steel acquisition plan: US government decision to take after November presidential election
2024-09-18 11:14:00
Western media have reported that it may be after the presidential election in November that the U.S. government's Committee on Foreign Investment in the United States will decide whether to approve Nippon Steel's plan to acquire U.S. Steel, a major American steel manufacturer.
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Trade balance in August: 695.3 billion yen deficit, second consecutive month of trade deficit
2024-09-18 10:51:00
Last month's trade balance was in the red by more than 690 billion yen due to an increase in imports of pharmaceuticals from Europe. This is the second consecutive month of a trade deficit.
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US Steel acquisition plan: "US government expected to approve Nippon Steel's reapplication"
2024-09-18 09:08:00
Western media have reported that the Committee on Foreign Investment in the United States, which is currently reviewing Nippon Steel's plan to acquire U.S. Steel, a major American steel manufacturer, is likely to allow Nippon Steel to reapply for approval of the acquisition. The acquisition plan has become a political topic of controversy in the run-up to the U.S. presidential election in November, but Bloomberg reports that a decision on whether to approve the acquisition may be made after the election.
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Trade balance in August: deficit of 695.3 billion yen, second consecutive month of deficit
2024-09-18 09:07:00
According to last month's trade statistics released by the Ministry of Finance, the trade balance, which is exports minus imports, was in the red by 695.3 billion yen. This is the second consecutive month that the trade balance has been in the red.
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Tokio Marine to end employee secondments to agencies following customer information leak issue
2024-09-18 08:00:00
In response to a problem in the non-life insurance industry in which employees seconded to insurance agencies leaked customer information from competitors, Tokio Marine & Nichido Fire Insurance has decided to abolish the practice of seconding employees to agencies in principle.
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US Steel CEO "confident Nippon Steel will approve acquisition plan"
2024-09-18 06:40:00
The top executive of U.S. Steel, a major American steel manufacturer, gave a speech on the 17th, expressing confidence that the plan would be approved, saying it is clear that Nippon Steel's acquisition would lead to strengthening American national security and stabilizing jobs.
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What is the price of land in your town? 2024 Prefectural Land Price Survey
2024-09-18 00:12:00
Every year, the Prefectural Land Price Survey investigates land prices across the country. Land prices for over 21,400 locations nationwide were released on the 18th, and NHK has created a map that visualizes all of them and makes it available to everyone. "Which major cities are seeing rising land prices?" "Which tourist destinations are doing well with inbound tourists?" And "What city do you live in?" We will be reporting on this year's trends in detail.
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