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

Economic news(2024/10/08)


Kyoto   Hakone

Introducing the latest technology in Meta AI, translating languages ​​both by voice and text, Tokyo

2024-10-08 23:43:00
On the 8th, Meta, a major American IT company, held an AI technology presentation in Tokyo, where they introduced their latest technology for translating various languages, including Japanese, using both voice and text.

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Japan Business Federation and Hokkaido Business Federation: Domestic production of cutting-edge semiconductors to achieve both decarbonization and economic growth

2024-10-08 19:05:00
Representatives from the Japan Business Federation and Hokkaido's business community met in Sapporo and agreed to work toward achieving both decarbonization and economic growth by utilizing Hokkaido's strength in renewable energy in conjunction with the construction of a factory by Lapidus, which aims to domestically produce cutting-edge semiconductors.

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Yen exchange rate rises as investors buy yen to avoid risk

2024-10-08 19:01:00
On the 8th, in the Tokyo foreign exchange market, the yen rose in value as investors bought the yen in an attempt to avoid risk amid the uncertainty surrounding the situation in the Middle East.

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September Economic Watchers Survey: Current Situation Index Falls Below Previous Month for the First Time in Four Months

2024-10-08 18:27:00
Last month's Economy Watchers Survey, which asks working people about their economic feelings, showed that the index showing the current state of the economy fell below the previous month's for the first time in four months due to an increased tendency to save money in response to rising prices, including rising rice prices.

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Samsung's third-month operating profit is 3.7 times higher than last year, below market expectations

2024-10-08 17:51:00
Samsung Electronics, a major South Korean electronics and semiconductor manufacturer, announced its financial results for the three months ending in September, reporting that its operating profit was 3.7 times higher than the same period last year. However, this figure fell short of market expectations, likely due to factors such as sluggish demand for smartphones.

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Travel information magazine "Jalan" announces suspension of publication in March next year, consolidating publications online

2024-10-08 16:42:00
Recruit, the publisher of Jalan, a travel information magazine launched in 1990, has announced that it will cease publication in March of next year. With the increase in reservations made via the Internet, the magazine will focus on publishing information on its website.

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Stock price temporarily falls by more than 500 yen due to the decline in stock prices in the New York market

2024-10-08 16:35:00
On the 8th, sell orders were placed on a wide range of stocks on the Tokyo Stock Exchange, and the Nikkei Stock Average temporarily fell by more than 500 yen from the 7th.

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Miyagi Onagawa Nuclear Power Plant Unit 2 is scheduled to start up the reactor on October 29th

2024-10-08 14:27:00
Tohoku Electric Power Co. has presented the Nuclear Regulation Authority with a plan to start up the reactor at the Onagawa Nuclear Power Plant Unit 2 in Miyagi Prefecture on October 29th if all goes smoothly. This will be the first time that a nuclear power plant of the same type, known as a "boiling water reactor," has been restarted since the accident at the Tokyo Electric Power Company's Fukushima Daiichi Nuclear Power Plant, and it will also be the first nuclear power plant in eastern Japan.

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Stock price temporarily falls by more than 500 yen due to the decline in stock prices in the New York market

2024-10-08 13:26:00
On the 8th, the Nikkei average temporarily fell by more than 500 yen on the Tokyo Stock Exchange. Expectations for a significant interest rate cut by the US Federal Reserve have receded, and following the decline in stock prices on the New York market on the 7th, sell orders are spreading across a wide range of stocks on the Tokyo market.

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Onagawa Nuclear Power Plant Unit 2 to be restarted: "Safety is our top priority" says Minister of Economy, Trade and Industry Muto

2024-10-08 12:44:00
On the 7th, Tohoku Electric Power announced that it plans to start up the reactor at the Onagawa Nuclear Power Plant Unit 2 in Miyagi Prefecture on the 29th of this month if work proceeds smoothly. In response to this, at a press conference after the Cabinet meeting on the 8th, Minister of Economy, Trade and Industry Muto called for work to be carried out with safety as the top priority.

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Nikkei Stock Average Falls Following the fall in stock prices on the New York market

2024-10-08 12:02:00
On the 8th, the Tokyo stock market saw sell orders for a wide range of stocks, following the trend of falling stock prices in the New York market on the 7th, and the Nikkei average fell.

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Government agrees to sign memorandum of understanding with Italian government to purchase LNG on a priority basis in case of emergency

2024-10-08 11:58:00
In order to strengthen energy security, the government has agreed to sign a memorandum of understanding with the Italian government that will give it priority in the purchase of LNG (liquefied natural gas) from a major global resource development company headquartered in Italy in the event of an emergency.

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Real wages in August decline for the first time in three months as wages fail to keep up with rising prices

2024-10-08 11:41:00
Regular wages per worker in August this year, which is equivalent to basic wages, increased by 3.0% compared to the same month last year, the highest growth rate in 31 years and 10 months. However, wage growth has not kept up with rising prices, and real wages fell for the first time in three months.

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August household survey: First decrease in two months, down 1.9% from the same month last year

2024-10-08 11:06:00
The amount of money spent by households with two or more people in August this year was down 1.9% in real terms compared to the same month last year, excluding price fluctuations, marking the first decrease in two months. The main reasons cited were the succession of typhoons and the announcement of emergency information regarding the Nankai Trough earthquake.

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August current account surplus: 3.8036 trillion yen, the largest August surplus ever

2024-10-08 10:08:00
Japan's current account balance, which shows how much it earned from trade and investment with other countries, was a surplus of 3.8036 trillion yen in August this year. This was the largest surplus ever recorded for an August month, and was mainly due to an increase in dividends received by Japanese companies from their overseas subsidiaries, driven by the weak yen.

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August household survey: First decrease in two months, down 1.9% from the same month last year

2024-10-08 08:41:00
The Ministry of Internal Affairs and Communications announced in its August household budget survey that the amount spent by households with two or more people on consumption, excluding price fluctuations, was down 1.9% compared to the same month last year. This is the first decrease in two months, and the average household consumption was 297,487 yen.

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Real wages in August decline for the first time in three months as wages fail to keep up with rising prices

2024-10-08 08:36:00
Regular wages per worker in August this year, which is equivalent to basic wages, increased by 3.0% compared to the same month last year, the highest growth rate in 31 years and 10 months. However, wage growth has not kept up with rising prices, and real wages fell for the first time in three months.

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The NY Dow fell sharply by more than $500 at one point, while crude oil futures prices were at a high level.

2024-10-08 06:45:00
On the 7th, the New York stock market saw sell orders take the lead as expectations for a significant interest rate cut by the Federal Reserve Board faded, and the Dow Jones Industrial Average fell sharply by more than $500 at one point.

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Developing functions to convert online slander into more gentle expressions and to warn users

2024-10-08 06:09:00
As slander and libel on the Internet becomes a growing issue, IT companies are developing functions that can display softer language as replacement suggestions or warn users before they post a message.

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Employee benefits to be expanded to new hires as competition to secure talent intensifies

2024-10-08 05:45:00
As competition to secure talent becomes more intense during recruitment activities, there is a trend to expand the scope of employee benefits to include not only full-time employees but also those who have received job offers, in order to make companies more attractive to employees.

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"Even if you decline the job offer, you will be given priority employment within three years" - measures to secure human resources are spreading

2024-10-08 05:37:00
As securing talent becomes an issue, a subsidiary of major retailer Aeon has launched a new system that gives priority to hiring those who decline a job offer but wish to join the company within three years. Companies are taking measures to retain talent.

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Kyoto   Mt.Fuji


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