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

Economic news(2024/11/20)


Kyoto   Hakone

Route details for Hokuriku Shinkansen extension to Shin-Osaka to be decided in December

2024-11-20 21:14:00
Regarding the extension of the Hokuriku Shinkansen to Shin-Osaka, the ruling party's project team has indicated its intention to decide on the details of the route, including the locations of stations, in December.

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Tokyo Stock Exchange extends trading hours; about one-third of financial results announced before the close of trading

2024-11-20 20:37:00
The Tokyo Stock Exchange extended its trading hours on the 5th of this month, calling on listed companies to announce their financial results promptly rather than waiting for the close of trading. As a result, it was found that roughly one-third of companies announced their results before the close of trading.

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Keidanren and Hokuriku business leaders hold talks on "Turning the reconstruction process into a tourism resource"

2024-11-20 18:17:00
Representatives from the Japan Business Federation and the Hokuriku business community met in Nanao, Ishikawa Prefecture, and agreed to strengthen efforts to visually communicate the process of recovery from the Noto Peninsula earthquake and to promote tourism while sharing the lessons learned from the disaster.

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The yen fell by more than 1 yen

2024-11-20 18:16:00
On the 20th in the Tokyo foreign exchange market, concerns over the situation in Ukraine had subsided somewhat, leading to a move to sell yen and buy dollars, causing the yen to fall by more than 1 yen.

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Former Nomura Securities employee indicted on charges of attempted murder and robbery of customer and arson

2024-11-20 18:09:00
A former sales employee at Nomura Securities, a major securities firm, was indicted on charges of attempted robbery and murder, and arson on the 20th for allegedly giving a female client living in Hiroshima City a sleeping drug, stealing over 17 million yen in cash, and setting fire to her house.

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Stock prices fall slightly

2024-11-20 16:03:00
On the 20th, the Nikkei Stock Average on the Tokyo Stock Exchange fell slightly.

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[Commentary] Will President-elect Trump bring about economic upheaval? Impact on Japan

2024-11-20 15:18:00
The "What if" has become a reality! Trump has made one "America First" pledge after another. He confidently stated that he will "keep his promises," and it is expected that America's economic policy will undergo major changes. This will have a major impact on Japan as well... In particular, the yen will fluctuate greatly. Companies exporting to America may be hit hard. Commentator Iida Kaori, who has covered the American economy for many years, will provide a detailed explanation. *Information current as of November 20th. (Video: 9 minutes 06 seconds)

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Former Big Motor predicts up to 80,000 cases of fraud; compensation policy revealed

2024-11-20 13:39:00
In the case of fraudulent insurance claims by the former Big Motor, the surviving company, which will be handling compensation and other matters, has said that the number of fraudulent cases is expected to reach as many as 80,000, and has revealed its policy for providing compensation to customers who are found to have had improper car repairs.

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Linear Chuo Shinkansen reaches Shizuoka Prefecture with "boring survey" JR Central

2024-11-20 13:00:00
Regarding the Linear Chuo Shinkansen, for which Shizuoka Prefecture has not given permission for construction to begin, JR Central announced that a boring survey to investigate the geology and other aspects of the tunnel construction has crossed the prefectural border from the Yamanashi side and entered Shizuoka Prefecture.

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"Japanese companies contribute to US economic growth - detailed explanation needed" Japan Foreign Trade Council

2024-11-20 12:59:00
Regarding U.S. President-elect Trump's insistence on raising tariffs, Tatsuo Yasunaga, chairman of the Japan Foreign Trade Council, an organization made up of major trading companies, said at a press conference that it is necessary to carefully explain how Japanese companies are contributing to America's economic growth.

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Stock prices fall slightly

2024-11-20 12:00:00
The Nikkei average on the Tokyo Stock Exchange fell slightly on the 20th.

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Trade balance in October was in deficit by 461.2 billion yen, marking the fourth consecutive month of trade deficit

2024-11-20 09:54:00
Last month's trade balance was in the red by more than 460 billion yen, due to increased imports of personal computers and other items from China. This is the fourth consecutive month of a trade deficit.

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Why does the "Trump Trade" cause Bitcoin to rise in value? [Explanation]

2024-11-20 09:25:00
Bitcoin, one of the cryptocurrencies, has been moving significantly due to the "Trump trade." Since Trump's victory was confirmed, the price has risen sharply, reaching a record high of 14 million yen on November 14th. Why is the price of Bitcoin rising due to Trump's influence? Oha Biz anchor Keiji Watanabe explains.

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Trade balance in October was in deficit by 461.2 billion yen, marking the fourth consecutive month of trade deficit

2024-11-20 08:59:00
According to trade statistics for October released by the Ministry of Finance, the trade balance, which is exports minus imports, was in the red by 461.2 billion yen. This is the fourth consecutive month that the trade balance has been in the red.

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Government to require companies producing more than 100,000 tons of emissions per year to participate in emissions trading

2024-11-20 07:35:00
The government plans to require companies with annual emissions of 100,000 tons or more to participate in the "emissions trading" system, which allows companies to buy and sell carbon dioxide emission allowances, scheduled to be fully implemented from fiscal 2027. Around 300 to 400 companies in fields such as electricity, steel, and chemicals are expected to be subject to the system.

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Ministry of Internal Affairs and Communications to consider measures to deal with fake advertisements on social media

2024-11-20 06:45:00
The Ministry of Internal Affairs and Communications has asked social media operators about their response to fake advertisements impersonating celebrities. It has found that the operators have not made sufficient efforts to disclose the number of cases removed. The Ministry has therefore decided to ask the operators to make improvements and to consider necessary measures.

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Seven & i's founding family to complete acquisition by end of fiscal year

2024-11-20 00:13:00
This is a new development surrounding Seven & i Holdings, which has received a 7 trillion yen takeover proposal from a major Canadian convenience store chain. It has been revealed that a special purpose company established mainly by the company's founding family will raise over 8 trillion yen from three megabanks and major American financial institutions, and then carry out a tender offer for Seven & i shares, with the plan to complete the procedure within this fiscal year.

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