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

Economic news(2025/01/08)


Kyoto   Hakone

Three Japanese companies to collaborate on AI semiconductor development, data center construction, etc.

2025-01-08 21:49:00
As development of artificial intelligence (AI) accelerates around the world, three Japanese companies, including semiconductor manufacturer Rapidus, have announced that they have reached a basic agreement to collaborate on the development of semiconductors to handle AI information processing and the establishment of data centers.

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Long-term interest rates: 10-year government bond yields rise to 1.175%, highest level in about 13 and a half years

2025-01-08 18:54:00
In the bond market on the 8th, long-term interest rates in Japan and the United States rose due to expectations that inflation in the United States would continue, and the yield on 10-year government bonds, which is a representative indicator of Japanese long-term interest rates, rose to 1.175%, the highest level in approximately 13 and a half years.

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Yen falls due to rising US long-term interest rates

2025-01-08 18:24:00
On the 8th in the Tokyo foreign exchange market, the yen fell against the dollar following an increase in long-term interest rates in the United States.

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Japan Productivity Center Chairman Mogi: "A virtuous cycle of improved productivity and wage increases"

2025-01-08 18:17:00
At a New Year's press conference, Japan Productivity Center Chairman Yuzaburo Mogi expressed his recognition that amid growing uncertainty in the global economy, such as the inauguration of the new Trump administration in the United States, it is necessary to ensure a virtuous cycle of improved productivity and wage increases in order to grow the Japanese economy.

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Fast Retailing raises starting salary to 330,000 yen

2025-01-08 18:02:00
Fast Retailing, which operates the Uniqlo chain, has announced that it will raise the starting salary for new employees joining the company this spring from the current 300,000 yen to 330,000 yen. The move is in order to secure talent within the country, and the company says it will also actively promote employees to key positions based on their abilities.

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World's largest technology trade fair opens, showcasing cutting-edge technologies including AI

2025-01-08 17:15:00
The world's largest technology trade fair opened in Las Vegas, USA on the 7th. Cutting-edge technologies that can supplement the human five senses, such as sight and hearing, through the use of generative AI and other technologies are on display.

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Stock prices fall slightly due to the decline in the major stock indexes of the New York market

2025-01-08 16:03:00
The Nikkei Stock Average fell slightly, following the trend of major stock indexes falling together on the Tokyo Stock Exchange on the 8th and on the New York Exchange on the 7th.

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US meta abolishes third-party fact-checking in light of Trump's inauguration

2025-01-08 14:48:00
Meta, a major American IT company, has announced that it will discontinue third-party fact-checking of posts on social media sites such as Facebook and Instagram. American media reports that this move comes in light of Trump's inauguration as president on January 20th.

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Keidanren Chairman meets with Economy, Trade and Industry Minister Muto to discuss future challenges to ensure wage increases take hold

2025-01-08 13:57:00
Keidanren Chairman Tokura and Minister of Economy, Trade and Industry Muto held discussions and shared future challenges, such as promoting appropriate price transfer in transactions involving small and medium-sized enterprises in order to establish wage increases.

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Honda to equip EVs with proprietary software to compete with emerging US and Chinese manufacturers

2025-01-08 13:31:00
Honda has announced that it will equip electric vehicles (EVs) it will sell globally from next year with its own software that will enable full-scale autonomous driving, aiming to compete with emerging manufacturers in the United States and China that are ahead in this field.

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South Korea's Samsung Electronics' operating profits fall 2.3 times year-on-year, "below expectations"

2025-01-08 13:09:00
Samsung Electronics, a major South Korean electronics and semiconductor manufacturer, announced its financial results for the three months ending last month, reporting that its operating profits were 2.3 times higher than the same period last year. However, South Korean media reported that the results "fell short of market expectations" due to sluggish demand for PCs and smartphones.

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Stock prices fall as major stock indexes fall in the U.S. market

2025-01-08 12:05:00
On the 8th, the Nikkei Stock Average fell on the Tokyo Stock Exchange, following the decline in major stock indexes on the New York Market on the 7th.

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Long-term interest rates: 10-year government bond yields rise to 1.170%, highest level in about 13 and a half years

2025-01-08 11:03:00
In the bond market on the 8th, long-term interest rates in Japan and the United States rose due to the view that inflation in the United States would continue, and the yield on 10-year government bonds, which is a representative indicator of Japanese long-term interest rates, rose to 1.170%, the highest level in approximately 13 and a half years.

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US Meta announces end of fact-checking in light of Trump's inauguration

2025-01-08 08:53:00
Meta, a major American IT company, has announced that it will discontinue third-party fact-checking of posts on social media sites such as Facebook and Instagram. American media reports that this move comes in light of Trump's inauguration as president on January 20th.

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Rush to consider introducing "roaming" with other companies' lines in the event of communication disruptions due to disasters

2025-01-08 05:29:00
The Ministry of Internal Affairs and Communications plans to introduce "roaming," which will allow users to temporarily use other telecommunications carriers' networks when mobile phones are down due to disasters such as earthquakes or large-scale communications disruptions, around the end of the new fiscal year, 2025, and is currently working on final details such as how connections between carriers will be established.

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Nippon Steel Corporation: Presidential order puts deadline for completing acquisition abandonment procedures in focus

2025-01-08 05:22:00
Nippon Steel filed a lawsuit against President Biden and others who issued an order prohibiting the acquisition of U.S. Steel, a major American steelmaker, seeking to invalidate the order, alleging that there was illegal political interference in the acquisition plan. The fight over the merits of the acquisition will move to the courts, but the immediate focus will be on whether the court can grant an extension of the deadline by February 2, the deadline for completing the procedures to abandon the acquisition as set out in the presidential order.

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Kyoto   Mt.Fuji


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