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

Economic news(2024/09/30)


Kyoto   Hakone

Variable mortgage interest rates: Should they be raised or kept the same?

2024-09-30 19:10:00
Major banks have announced their mortgage interest rates for next month. In response to the Bank of Japan's additional interest rate hike, some banks are raising interest rates on variable mortgages, while others are keeping them unchanged, resulting in a divided response.

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Ezaki Glico to resume shipments of all yogurt and other products after November

2024-09-30 18:31:00
Ezaki Glico has announced that it will resume shipments of yogurt and other products from November, after having suspended shipments due to a breakdown in its core distribution system. This means that it is expected that shipments of all affected products will be resumed.

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The yen strengthened to 141 yen to the dollar in the afternoon.

2024-09-30 18:16:00
On Monday the 30th, the Tokyo foreign exchange market saw the yen being bought on speculation that the Bank of Japan would be more likely to raise interest rates further under the leadership of LDP's new Governor Ishiba, and the yen temporarily strengthened to the 141 yen to the dollar range.

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Rakuten Group "Agrees to consider capital and business alliance with Mizuho Financial Group in card business"

2024-09-30 17:39:00
Rakuten Group has announced that it has agreed to begin considering a capital and business alliance with Mizuho Financial Group, a major financial institution, for its subsidiary financial business, Rakuten Card. The aim is to strengthen collaboration in the financial business and improve the performance of the group, and in light of this alliance, the consolidation of the financial business will be cancelled.

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Number of domestic overnight guests in August increased 2.7% from the same month last year, the highest number in a single month

2024-09-30 16:46:00
According to the Japan Tourism Agency, a preliminary estimate shows that a total of 66.11 million people stayed in hotels, inns, and other accommodations across Japan in August, up 2.7% from the same month last year and the highest monthly figure ever.

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Stock price falls by 1,910 yen at closing, the fifth largest drop in history

2024-09-30 15:29:00
On the 30th, the Tokyo Stock Exchange fell across the board due to concerns over the economic policies of the new LDP president, Shintaro Ishiba, and the Nikkei average temporarily plummeted by more than 2,000 yen. The closing price was down 1,910 yen, the fifth-largest drop in history.

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Stock price falls by 1,910 yen at closing, the fifth largest drop in history

2024-09-30 15:15:00
The Tokyo Stock Exchange on the 30th, the start of the week, saw an across-the-board decline due to concerns over the economic policies of the new LDP president, Ishiba, and the Nikkei average temporarily plummeted by more than 2,000 yen. The closing price was down 1,910 yen, the fifth largest drop in history. ▼In the LDP presidential election held on the 27th last week, Takaichi, who had been cautious about interest rate hikes, advanced to the runoff election, which caused the yen to weaken and stock prices to rise, and ▼due to concerns over the economic policies of the new president, Ishiba, selling orders increased immediately after trading began.

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Rakuten Group and Mizuho Financial Group agree to consider capital and business alliance for card business

2024-09-30 14:22:00
The Rakuten Group has agreed to begin considering a capital and business alliance with Mizuho Financial Group, a major financial institution, for its subsidiary financial business, Rakuten Card. The aim is to strengthen cooperation within the financial business and improve the performance of the group, and in light of this alliance, the consolidation of the financial business will be cancelled.

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Stock prices temporarily fall by more than 1,900 yen, with concerns over Governor Ishiba's economic policies

2024-09-30 12:05:00
On the 30th, the start of the week, the Tokyo stock market saw an almost across-the-board decline due to concerns over the economic policies of the new Bank of Japan Governor, Ishiba, and the Nikkei average stock price at one point fell by more than 1,900 yen.

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August industrial production index falls 3.3% from previous month, first decline in two months

2024-09-30 11:14:00
The August index of industrial production, which indicates corporate production activity, fell for the first time in two months due to reduced production in automobiles, semiconductor manufacturing equipment, and other industries.

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Stock price temporarily falls by more than 1,800 yen, sell orders increase

2024-09-30 10:28:00
On the 30th, the start of the week, the Tokyo stock market fell across the board, partly due to a backlash to the rise in stock prices that occurred when Takaichi, who had been cautious about raising interest rates in last week's LDP presidential election, advanced to the runoff election, and the Nikkei average temporarily fell by more than 1,800 yen.

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Stock price temporarily falls by more than 1,800 yen, sell orders increase

2024-09-30 09:55:00
On the 30th, the start of the week, the Tokyo stock market fell across the board, partly due to a backlash to the rise in stock prices that occurred when Takaichi, who had been cautious about raising interest rates in last week's LDP presidential election, advanced to the runoff election, and the Nikkei average temporarily fell by more than 1,800 yen.

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Stock prices fall by more than 1,600 yen as sell orders spread across a wide range of stocks

2024-09-30 09:09:00
The Nikkei average temporarily dropped by more than 1,600 yen on the Tokyo Stock Exchange on the 30th, the start of the week. This is a backlash from the large rise in stock prices that occurred when Takaichi, who had been cautious about raising interest rates, advanced to the runoff election in the LDP presidential election held on the 27th last week, and the appreciation of the yen in the foreign exchange market has led to a wide range of sell orders in the Tokyo market at the start of the week.

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August industrial production index falls 3.3% from previous month, first decline in two months

2024-09-30 09:04:00
The August index of industrial production, which indicates corporate production activity, was 99.7, down 3.3% from the previous month, with 2020 as the index of 100. This is the first decline in two months, and the Ministry of Economy, Trade and Industry has maintained its assessment of corporate production activity as "advancing and retreating."

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Rice price hikes lead to major restaurant chains raising rice prices and reducing portions

2024-09-30 07:49:00
In response to the rising price of rice, major restaurant chains have begun to raise the price of rice they serve in their stores and reduce the amount of rice served.

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Japan's first facility for integrated experimental production of synthetic fuels from raw materials completed

2024-09-30 07:47:00
As efforts toward decarbonization spread among companies, Japan has completed the first facility in the country for the integrated, experimental production of "synthetic fuels" from raw materials. Synthetic fuels are considered to be environmentally friendly alternatives to crude oil-derived gasoline.

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Overseas investors invited to "Japan Weeks" starting today, policy discussions with Ishiba?

2024-09-30 06:47:00
"Japan Weeks," an event inviting overseas investors to share the initiatives of Japan's financial markets, will begin on the 30th. During the event, there will also be a forum where investors can exchange opinions with each other, and attention will be focused on the discussions that will take place regarding the policies of the new LDP president, Ishiba, and the outlook for the Japanese economy.

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Ministry of Internal Affairs and Communications to review system to allow for flexible postal rate hikes

2024-09-30 06:39:00
Japan Post will raise postal rates across the board from October 1, but the postal business is expected to continue to operate at a loss due to a decline in usage and rising logistics costs. In light of this, the Ministry of Internal Affairs and Communications has decided to consider revising the system, including allowing for flexible additional rate increases.

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New LDP President Ishiba: "Wage increases" and "overcoming deflation" require business understanding

2024-09-30 06:38:00
The new president of the Liberal Democratic Party, Ishiba, has set wage increases that exceed inflation and a complete escape from deflation as his top priorities. While the business community has high hopes for his economic policies, he will also need the understanding of companies and other parties to realize them.

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Kyoto   Mt.Fuji


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