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

Economic news(2025/02/19)


Kyoto   Hakone

KFC announces it will move its headquarters from Kentucky to Texas

2025-02-19 22:40:00
The American restaurant giant has announced that it will relocate the headquarters of its fast food brands, KFC and Kentucky Fried Chicken, from the southern state of Kentucky, where its founder had ties, to Texas.

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Monthly economic report for February: "Some stagnation but gradual recovery" - basic assessment maintained

2025-02-19 20:54:00
In its monthly economic report for this month, the government maintained its basic assessment of the current economic situation, saying that "the economy is recovering slowly, although some areas remain sluggish."

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Rice relative transaction price 69%↑ compared to the same month last year, hitting a new record high for five consecutive months

2025-02-19 19:40:00
As rice prices continue to rise, the average price of all rice varieties traded between traders last month rose 69% compared to the same month last year, hitting a new record high for the fifth consecutive month.

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Labor unions of major financial groups finalize wage hike demands

2025-02-19 19:32:00
The labor unions of major financial groups and banks under the groups have put together a proposal for executives to ask management to raise base pay for the third consecutive year. With the interest-bearing world driving a succession of favorable financial results, the focus is on whether the financial industry will achieve wage increases to a level higher than last year.

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President Trump imposes tariffs of around 25% on automobiles. What impact will this have on Japan?

2025-02-19 19:04:00
On the 18th, US President Trump told reporters that the tariffs he is considering imposing on cars imported into the US will be "around 25%." If a 25% tariff is actually imposed on all countries, there are concerns that Japan, which exports a lot of cars to the US, will also be seriously affected.

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Strengthening the functions of Tokyo Port - Expansion of Oi Container Terminal and other facilities - Local briefing session

2025-02-19 19:03:00
In order to strengthen the functions of Tokyo Port, which handles the largest number of containers in the country, the Tokyo Metropolitan Government plans to expand and renovate Oi Container Terminal and other facilities, and held an explanatory meeting at the port on the 19th.

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Rice relative transaction price 69%↑ compared to the same month last year, hitting a new record high for five consecutive months

2025-02-19 18:56:00
As rice prices continue to rise, the average price of all rice varieties traded between traders last month rose 69% compared to the same month last year, hitting a new record high for the fifth consecutive month.

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Yen exchange rate rises on speculation that the Bank of Japan will raise interest rates soon

2025-02-19 18:38:00
On the 19th, in the Tokyo foreign exchange market, the yen rose as investors bought yen and sold dollars on speculation that the Bank of Japan would soon implement an additional interest rate hike.

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More than 3.78 million foreign tourists in January, the highest number ever recorded in a single month, increase due to Chinese New Year

2025-02-19 17:46:00
More than 3.78 million foreign tourists visited Japan last month, the highest number of tourists ever in a single month, mainly due to an increase in travelers from China during the Lunar New Year.

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Bank of Japan Board member Takada believes further interest rate hikes are necessary

2025-02-19 17:20:00
On the 19th, Takada Hajime, a member of the Bank of Japan's Board of Directors involved in deciding monetary policy, gave a speech in Sendai regarding monetary policy following last month's additional interest rate hike. In light of the risks of price fluctuations and financial overheating, he said, "It is also important to shift gears gradually," indicating his view that further interest rate hikes are necessary.

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Mitsui to invest 800 billion yen to expand stake in Australian iron ore

2025-02-19 17:14:00
Major trading company Mitsui & Co. has announced that it will invest approximately 800 billion yen in a new mining project to expand its stake in iron ore in Australia.

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Average price of new apartments in the Tokyo metropolitan area in January was 73.43 million yen, lower than the same month last year

2025-02-19 16:24:00
The average price of new apartments released in the greater Tokyo area last month was 73.43 million yen. This was 7.7% lower than the same month last year, due to a decrease in the number of units released in the high-priced 23 wards of Tokyo.

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Stock prices fall slightly due to concerns over US tariffs, selling orders in auto-related stocks

2025-02-19 16:10:00
On the 19th, the Tokyo Stock Exchange saw a slight drop in stock prices as sell orders were placed on automobile-related stocks due to concerns over the US tariff policy.

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Visiting group of Japan-China Economic Association agrees to strengthen cooperation by utilizing cutting-edge technologies such as AI

2025-02-19 16:09:00
A delegation from the Japan-China Economic Association visiting China met with senior officials of the Ministry of Industry and Information Technology, which is in charge of industrial policy, and agreed to strengthen cooperation between the two countries through the use of advanced technologies such as AI (artificial intelligence).

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Kobayashi Pharmaceutical's extraordinary shareholders meeting: Two proposals proposed by Hong Kong investment fund rejected

2025-02-19 15:40:00
An extraordinary general meeting of Kobayashi Pharmaceutical shareholders was held in Osaka, where proposals by a Hong Kong investment fund that holds over 10% of the company's shares, calling for a reinvestigation of the issues and the appointment of new outside directors in response to a series of problems surrounding supplements containing red koji ingredients, were rejected by a majority.

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Bank of Japan Board member Takada believes further interest rate hikes are necessary

2025-02-19 14:51:00
On the 19th, Takada Hajime, a member of the Bank of Japan's Board of Directors involved in deciding monetary policy, gave a speech in Sendai regarding monetary policy following last month's additional interest rate hike. In light of the risks of price fluctuations and financial overheating, he said, "It is also important to shift gears gradually," indicating his view that further interest rate hikes are necessary.

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Stock prices fall slightly as US President's remarks lead to sell orders for auto-related stocks

2025-02-19 12:32:00
On the 19th, the Tokyo Stock Exchange saw a slight drop in stock prices as sell orders were placed on automobile-related stocks due to concerns over US President Trump's comments that he would impose tariffs of around 25% on automobiles.

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Bank of Japan Board member Takada believes further interest rate hikes are necessary

2025-02-19 12:12:00
On the 19th, Takada Hajime, a member of the Bank of Japan's Board of Directors involved in deciding monetary policy, gave a speech in Sendai regarding monetary policy following last month's additional interest rate hike. In light of the risks of rising prices and financial overheating, he said, "It is also important to shift gears gradually," indicating his view that further interest rate hikes are necessary.

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January trade balance deficit of 2.7588 trillion yen, first deficit in two months

2025-02-19 10:55:00
The trade balance for January was in the red by more than 2.75 trillion yen, due to an increase in imports from China ahead of the Lunar New Year. This is the first trade deficit in two months.

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Orders received by major machinery manufacturers from October to December last year increased for the first time in three quarters

2025-02-19 10:52:00
According to the Cabinet Office's Machinery Orders Statistics, which shows the outlook for corporate capital investment, the total amount of orders received by major machinery manufacturers from domestic companies between October and December of last year, excluding the volatile shipbuilding and electricity industries, was 2.6587 trillion yen. This was 2.9% higher than the previous three months, marking the first increase in three quarters.

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Long-term interest rates: 10-year government bond yields rise to 1.435%

2025-02-19 10:22:00
In the bond market on the 19th, the yield on 10-year government bonds, which is a representative indicator of Japan's long-term interest rates, temporarily rose to 1.435%, the highest level in 15 years and 3 months, due to the view that the Bank of Japan will continue to raise interest rates in the future.

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January trade balance deficit of 2.7588 trillion yen, first deficit in two months

2025-02-19 09:12:00
According to trade statistics for January released by the Ministry of Finance, the trade balance, which is exports minus imports, was in the red by 2.7588 trillion yen. This is the first time in two months that the trade balance has been in the red.

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S&P 500 stock index reaches new record high, up 0.2% from last weekend, NY Stock Market

2025-02-19 07:25:00
On the 18th, the New York Stock Exchange saw the S&P 500 stock index, which is calculated based on the stock prices of 500 major companies, rise 0.2% from the end of last week to a new record high.

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Railway companies cut fares for children in an effort to attract child-rearing generations to their railways

2025-02-19 06:00:00
In preparation for a decline in passenger numbers due to a declining population and other factors, the railway industry has been making a series of moves to attract more child-rearing generations to railway lines by reducing the prices of school commuter passes and fares for children.

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Major banks hit by series of safe deposit box scandals: Mitsubishi UFJ, Mizuho

2025-02-19 05:27:00
Mizuho Bank announced on the 18th that a branch employee had stolen customer cash from a safe deposit box and had been dismissed six years ago. Mitsubishi UFJ Bank is also considering reviewing its safe deposit box services following a major theft incident, but with a series of scandals coming to light at major banks, it seems likely that the entire financial industry will be required to fundamentally strengthen their safe deposit box management systems in the future.

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Expo Association considers introducing the system to sell same-day tickets every day of the Expo

2025-02-19 05:16:00
Regarding the introduction of same-day tickets, which are being considered for the Osaka-Kansai Expo, it has been learned that the Expo Association is making arrangements to have them sold at the information desk in front of the entrance gates every day, in principle.

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Japan Fair Trade Commission investigates gasoline retailers in Nagano Prefecture as suspected of running a cartel

2025-02-19 04:21:00
It has been learned from interviews with relevant parties that the Fair Trade Commission conducted an on-site inspection of the Nagano Prefecture Petroleum Commercial Association on the 18th on suspicion of violating the Antimonopoly Act by forming a cartel to illegally adjust prices among gasoline retailers in the prefecture.

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Kyoto   Mt.Fuji


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