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

Economic news(2024/09/26)


Kyoto   Hakone

Nissan buys 5% of Renault's shares for 79.8 billion yen

2024-09-26 21:29:00
Nissan Motor Co., Ltd. announced that it will purchase 5% of the outstanding shares transferred from Renault to a trust company for just over 79 billion yen following a review of its capital relationship with France's Renault to an equal footing.

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Three megabanks and the Japan Development Bank are considering investing in Lapidus

2024-09-26 19:47:00
It has been revealed that three megabanks and the Development Bank of Japan are considering investing in Lapidus, which aims to domestically produce cutting-edge semiconductors. Mass production of cutting-edge semiconductors requires huge amounts of capital, so the focus going forward will be on whether the company can steadily raise funds from sources other than banks.

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Financial Services Agency issues business improvement order to DMM Bitcoin following fraudulent data leak issue

2024-09-26 18:24:00
In response to the issue of 48 billion yen worth of illegally leaking bitcoins from cryptocurrency exchange DMM Bitcoin, the Financial Services Agency has issued the company an order to improve its business practices, citing serious problems with its system risk management system.

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The yen weakens to the 145 yen range for the first time in about three weeks

2024-09-26 18:18:00
On the 26th in the Tokyo foreign exchange market, the yen weakened to the 145 yen range against the dollar for the first time in about three weeks.

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Toyota's IOC sponsorship contract to end this year, IPC contract not renewed

2024-09-26 18:01:00
Toyota Motor Corporation has announced that it will not renew its top-tier sponsorship contract with the International Olympic Committee (IOC), which will expire at the end of the year, and will also not renew its contract with the International Paralympic Committee (IPC).

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Tokyo Game Show sees record number of exhibitors, over 980, including AI-related exhibits

2024-09-26 17:00:00
The Tokyo Game Show kicked off on the 26th, with over 980 companies and organizations exhibiting the latest games and equipment, the largest number ever. This year, there are also many exhibits related to AI, which is becoming increasingly popular.

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"Tourism operators from around the world promote the attractions of their regions" event held in Tokyo

2024-09-26 16:21:00
A large-scale event bringing together tourism operators from around the world has begun in Tokyo, with overseas businesses promoting the attractions of their respective regions in an effort to attract tourists from Japan.

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Stock prices rise by more than 1,000 yen due to the weakening of the yen in the foreign exchange market.

2024-09-26 15:58:00
On the 26th, the Tokyo stock market and foreign exchange market saw a rise in buying orders in the afternoon due to the yen's weakening, leading to an across-the-board rise in the Nikkei average, which rose by more than 1,000 yen.

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Nippon Steel's president: "Not optimistic" about extension of review period for US Steel acquisition plan

2024-09-26 15:26:00
At a press conference on the 26th, Nippon Steel Corporation President Tadashi Imai, who also serves as chairman of the Japan Iron and Steel Federation, said he "cannot be optimistic" about the extension of the review period for the company's acquisition plan by major steel manufacturer U.S. Steel, and indicated his intention to ask steel industry labor unions, which oppose the plan, to enter into negotiations.

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"Open AI" plans to restructure to focus on for-profit companies? Western media

2024-09-26 15:24:00
On the 25th, Western media reported that OpenAI, the American company behind the generative AI ChatGPT, is planning to reorganize its business to focus on commercial companies. The move appears to be aimed at making it easier to raise huge amounts of development funding for generative AI.

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Opinions on nuclear power from the younger generation as the Basic Energy Plan is revised

2024-09-26 15:21:00
A council working on revising the country's Basic Energy Plan conducted interviews with younger generations, including student groups and environmental groups. With nuclear power plants as a focus of attention, while there were voices calling for their future abolition, there were also voices saying that they are essential for a stable supply of electricity.

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Tokyo Game Show sees record number of exhibitors, over 980, including AI-related exhibits

2024-09-26 15:02:00
The Tokyo Game Show kicked off on the 26th, with over 980 companies and organizations exhibiting the latest games and equipment, the largest number ever. This year, there are also many exhibits related to AI, which is becoming increasingly popular.

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Suntory Holdings plans to raise wages by about 7% for next year's spring labor offensive, including a third consecutive year of base pay cuts

2024-09-26 14:54:00
Suntory Holdings, a major beverage manufacturer, has announced a plan to raise wages by about 7% in next year's spring labor offensive, including a base pay increase for the third consecutive year. Negotiations with the labor union have yet to begin, but the company aims to secure human resources by announcing an early wage increase.

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US IT giant Meta unveils latest model of “generative AI capable of natural conversations”

2024-09-26 13:08:00
Meta, a major American IT company, held an event for developers on the 25th. At the event, they announced the latest model of the underlying technology for generative AI that can have natural conversations, as well as unveiling a prototype of a glasses-type device and revealing their intention to equip it with AI.

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Stock prices rise by more than 1,000 yen at one point, with buying orders spreading, mainly for semiconductor-related stocks

2024-09-26 12:59:00
On the 26th, the Nikkei Stock Average rose by more than 1,000 yen at one point in the Tokyo Stock Exchange. In addition to the rise in the Nasdaq stock index, which is dominated by tech-related stocks, on the 25th in the New York market, the yen also weakened to the 145 yen range to the dollar at one point in the foreign exchange market, and buying orders are spreading across a wide range of stocks, mainly those related to semiconductors and exports, in the Tokyo market.

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Bank of Japan releases July meeting minutes: "Rate hikes amid upside risk concerns"

2024-09-26 12:40:00
The Bank of Japan released the minutes of its July Monetary Policy Meeting, where it decided to raise interest rates further. With the yen at a historic low, many members of the committee expressed concern about the risk of inflation, and it was in light of these risks that the Bank of Japan decided to raise interest rates.

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Stock prices rise by more than 900 yen as buying orders grow, mainly for semiconductor-related stocks

2024-09-26 12:10:00
On the 26th, the Nasdaq stock index, which is dominated by technology-related stocks, rose in the Tokyo and New York stock markets, leading to a spread of buy orders to a wide range of stocks, mainly semiconductor-related stocks, and the Nikkei average rose by more than 900 yen.

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Fabric scraps from towel manufacturing used to clean airplanes in Imabari, Ehime

2024-09-26 11:40:00
In Imabari City, Ehime Prefecture, a towel production area, fabric scraps generated during the towel production process are discarded in large quantities as they cannot be sold, so efforts are underway to use them as cloth to clean the fuselages of airplanes.

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Stock prices rise by more than 900 yen at one point, with buying orders spreading, mainly in semiconductor-related stocks

2024-09-26 11:04:00
On the 26th, the Nikkei average rose by more than 900 yen at one point. On the 25th, the Nasdaq stock index, which has many tech-related stocks, rose in the New York market, and buying orders, mainly for semiconductor-related stocks, are spreading in the Tokyo market.

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Stock prices rise by more than 700 yen at one point, with buying orders spreading, mainly in semiconductor-related stocks

2024-09-26 09:34:00
On the 26th, the Nikkei average rose by more than 700 yen at one point. On the 25th, the Nasdaq stock index, which has many tech-related stocks, rose in the New York market, and buying orders, mainly for semiconductor-related stocks, are spreading in the Tokyo market.

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Stock prices temporarily rise by more than 500 yen as the yen weakens in the foreign exchange market

2024-09-26 09:15:00
On the 26th, the Tokyo Stock Exchange and the Nikkei Stock Average temporarily rose by more than 500 yen. Due to the weakening of the yen in the foreign exchange market, buying orders are spreading, mainly in export-related stocks such as automobiles and semiconductor-related stocks.

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Japan Bus Association aims for autonomous driving and cashless payments by 2030

2024-09-26 07:52:00
The bus industry, which is facing issues such as a shortage of drivers, has put together a policy for the future. The Japan Bus Association aims to fully introduce autonomous driving and cashless payments by 2030.

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Volkswagen begins labor negotiations over first factory closure since founding

2024-09-26 00:07:00
German car giant Volkswagen is considering closing factories for the first time since its founding, and labor negotiations between the company and its labor union began on the 25th. As the negotiations are expected to be difficult, attention is focused on the impact they will have on the German economy.

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Kyoto   Mt.Fuji


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