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

Economic news(2024/12/04)


Kyoto   Hakone

Osaka Kansai Expo: Large luggage storage fees intentionally set at 10,000 yen

2024-12-04 22:50:00
It has been learned from an interview with a person involved that the fee for storing large luggage at the Osaka Kansai Expo site is being adjusted to be 10,000 yen. By setting a deliberately high fee, the government hopes to prevent people from bringing large luggage onto subways heading to the site and to prevent congestion.

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"Self-driving trucks" demonstration experiment on highways: Will it help ease labor shortages?

2024-12-04 19:39:00
As the shortage of truck drivers responsible for logistics becomes an issue, the government, truck manufacturers, and others have begun demonstration experiments on the Shin-Tomei Expressway with the aim of achieving "Level 4" autonomous driving, in which trucks will be able to drive on expressways without a driver, from next fiscal year onwards.

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Yen exchange rate falls Yen sold off after emergency martial law lifted in South Korea

2024-12-04 18:53:00
On the 4th, the Tokyo foreign exchange market saw the yen, which had been bought in an attempt to avoid risk, being sold following the lifting of the state of emergency in South Korea in the early hours of the morning, causing the yen to fall in value.

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"Self-driving trucks" demonstration experiment on highways: Will it help ease labor shortages?

2024-12-04 18:50:00
As the shortage of truck drivers responsible for logistics becomes an issue, the government, truck manufacturers, and others have begun demonstration experiments on the Shin-Tomei Expressway with the aim of achieving "Level 4" autonomous driving, in which trucks will be able to drive on expressways without a driver, from next fiscal year onwards.

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Osaka's symbol, Tsutenkaku, becomes subsidiary of Nankai Electric Railway

2024-12-04 18:48:00
It has been decided that Tsutenkaku, a symbol of Osaka, will become a subsidiary of Nankai Electric Railway, a major private railway company in the Kansai region. With the opening of the Osaka-Kansai Expo approaching, the two companies hope to revitalize the area around Tsutenkaku and the Minami area of ​​Osaka through this collaboration.

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"Self-driving trucks" demonstration experiment on highways: Will it help ease labor shortages?

2024-12-04 17:54:00
As the shortage of truck drivers responsible for logistics becomes an issue, the government, truck manufacturers, and others have begun demonstration experiments on the Shin-Tomei Expressway with the aim of achieving "Level 4" autonomous driving, in which trucks will be able to drive on expressways without a driver, from next fiscal year onwards.

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Trump "blocks U.S. Steel acquisition," union welcomes, mayor supports acquisition

2024-12-04 17:32:00
Steel industry unions have issued a statement welcoming President-elect Trump's indication that he intends to block Nippon Steel's plan to acquire U.S. Steel, a major American steel manufacturer, while a local town mayor has indicated he supports the acquisition.

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Strengthening measures against corporate tax "tax evasion" to include companies with parent companies overseas

2024-12-04 17:24:00
As efforts to establish international rules to prevent countries from competing to lower corporate taxes, the government and ruling parties plan to strengthen measures against tax evasion by expanding the scope of the tax system that Japan introduced this fiscal year to include companies with parent companies overseas.

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Stock prices: Small movements

2024-12-04 17:04:00
On the 4th, the Nikkei Stock Average on the Tokyo Stock Exchange moved slightly.

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South Korea's won falls to lowest level in nearly two years amid fears of political unrest

2024-12-04 15:14:00
Following South Korean President Yoon Sung-ryul's declaration of a state of emergency, there was an intensified sell-off of the South Korean currency, the won, in the foreign exchange market on the 4th due to concerns about political turmoil.

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JAM, a labor union for small and medium-sized enterprises, will demand a wage increase of more than 15,000 yen per month in the spring labor offensive

2024-12-04 15:01:00
JAM, a labor union made up of small and medium-sized companies in the machinery and metals industries, has put together a draft policy for next year's spring labor offensive, calling for a monthly wage increase of at least 15,000 yen, the equivalent of a base pay increase. This is the highest amount demanded to date, and is intended to help rectify the disparity between large and small companies.

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Financial Services Agency conducts on-site inspection of Nextage regarding car insurance

2024-12-04 14:50:00
It has been learned that the Financial Services Agency has begun an on-site inspection of Nextage, a major used car dealer, in order to uncover the reality of fraudulent claims for automobile insurance. The agency plans to quickly investigate whether fraudulent insurance claims, which came to light in the case of the former Big Motor Co., were rampant in the industry.

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Stock price falls due to sell orders to lock in profits

2024-12-04 12:13:00
On the 4th, the Nikkei average fell on the Tokyo stock market as sell orders were placed to lock in profits on stocks that had been rising in value over the past few days.

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Yen trades at 149 yen to the dollar after South Korea lifts state of emergency

2024-12-04 11:56:00
On the 4th, in the Tokyo foreign exchange market, following the lifting of the state of emergency in South Korea in the early hours of the morning, there was a move to sell the yen, which had been bought temporarily during overseas hours, and the yen was trading in the high 149 yen range against the dollar on the morning of the 4th.

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Panasonic installs renewable energy power plant at UK factory

2024-12-04 08:46:00
Panasonic, a major electronics manufacturer, has introduced equipment to generate all the electricity needed at its factory in the UK using hydrogen fuel cells. Panasonic plans to sell such equipment in the future, and attention is focused on whether this will help promote the spread of renewable energy.

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Nasdaq stock index reaches new record high, buy orders for communications-related stocks

2024-12-04 07:28:00
On the 3rd, the New York Stock Exchange saw buy orders for communications-related stocks and other stocks, and the Nasdaq stock index and other indexes closed at new record highs.

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Ministry of Agriculture, Forestry and Fisheries to introduce new system to support processors, wholesalers, etc.

2024-12-04 06:42:00
As strengthening food security becomes an issue, the Ministry of Agriculture, Forestry and Fisheries believes it is necessary to support not only producers but the entire supply chain up to the delivery of food to consumers, and is planning to introduce a new system to support processors, wholesalers, and others.

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Rice businesses across the country hold discussions on further price increases

2024-12-04 06:40:00
An exchange of opinions was held for businesses and organizations involved in rice trading nationwide, and participants expressed the view that rice prices may continue to rise in the future.

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Tokyo Stock Exchange to hold "no guests" at final trading session this year following mandatory investigation of staff

2024-12-04 06:39:00
The Japan Exchange Group has decided not to invite celebrities as guests at the Tokyo Stock Exchange's final trading day, a customary practice. The decision is being made in light of the issue of a TSE employee being investigated for allegedly passing on information about a company's takeover bid to his family.

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Concerns over the impact of Trump tariffs on Japanese automakers

2024-12-04 06:34:00
With U.S. President-elect Trump indicating his intention to impose a 25% tariff on all products from Mexico and Canada, there are concerns about the impact this will have on Japanese automakers, who view these countries as important production bases for the U.S. market.

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New York market yen exchange rate temporarily reaches 148 yen to the dollar, the highest level since mid-October

2024-12-04 04:42:00
On the 3rd, in the New York foreign exchange market, the dollar was sold and the yen was bought in anticipation of an interest rate cut by the Federal Reserve Board, and the yen temporarily rose to the 148 yen level per dollar, the highest level since mid-October this year.

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Kyoto   Mt.Fuji


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