Economic news(2025/02/22)
Deepseek products attract attention at latest AI technology event in Shanghai
2025-02-22 21:04:00
An event showcasing the latest in artificial intelligence (AI) technology was held in Shanghai, China, where products and services incorporating generative AI developed by Chinese startup Deepseek were exhibited and attracted a lot of attention.
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Ito-Yokado sale to be given first negotiating rights to US investment fund
2025-02-22 19:19:00
Seven & i Holdings is aiming to sell shares in a company that manages businesses other than convenience stores, including its original business, Ito-Yokado, and it has been revealed that it is expected to give preferential negotiating rights to the American investment fund Bain Capital. If the negotiations go through, it is expected that the foreign fund will be behind the restructuring of stores and other restructuring efforts.
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Toyota unveils part of futuristic demonstration city, occupancy to begin in autumn in Susono, Shizuoka
2025-02-22 17:46:00
On the 22nd, part of the futuristic experimental city that Toyota Motor Corporation is building in Susono City, Shizuoka Prefecture, was unveiled for the first time. Occupants will begin moving in from autumn this year, and the plan is to conduct experiments on self-driving cars, logistics using robots, and more.
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President Trump considers tariffs and other countermeasures against "digital tax" from various countries
2025-02-22 15:19:00
U.S. President Donald Trump has made it clear that he will consider imposing tariffs and other countermeasures against "digital taxation" being introduced by governments around the world targeting major U.S. IT companies with global operations.
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3 years since invasion of Ukraine, G7 focuses on strengthening sanctions on Russian oil
2025-02-22 14:47:00
In order to curb the inflow of funds to Russia, the G7 and other major nations have imposed sanctions that set a price cap on the purchase of Russian crude oil. With three years since the start of the invasion of Ukraine on the 24th, the focus is on whether the sanctions will be strengthened.
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U.S. Securities and Exchange Commission to drop lawsuit against cryptocurrency giant Coinbase
2025-02-22 12:56:00
Coinbase, a major American cryptocurrency exchange, was sued by the Securities and Exchange Commission for violating the law by operating an unregistered exchange, but has announced that it has reached an agreement with the commission and the lawsuit will be dropped.
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3 years since invasion of Ukraine, G7 focuses on strengthening sanctions on Russian oil
2025-02-22 12:14:00
In order to curb the inflow of funds to Russia, the G7 and other major nations have imposed sanctions that set a price cap on the purchase of Russian crude oil. With three years since the start of the invasion of Ukraine on the 24th, the focus is on whether the sanctions will be strengthened.
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New York market: US dollar rises to 148 yen range, Dow Jones Industrial Average falls by over 800 dollars
2025-02-22 07:32:00
On the 21st in the New York foreign exchange market, there was a trend of selling dollars and buying yen, and the yen temporarily rose to the 148 yen range per dollar for the first time in about two and a half months.
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U.S. Treasury Secretary and Chinese Vice Premier Meet to Agree on Trade Issues
2025-02-22 06:26:00
U.S. Treasury Secretary David Bessent and China's Vice Premier He Lifeng, who oversees economic policy, met online and agreed to continue communicating on economic issues between the two countries, including trade issues.
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The New York Dow temporarily fell by more than $700 due to concerns about inflation caused by tariff policies.
2025-02-22 04:24:00
On the 21st, the New York Stock Exchange saw the Dow Jones Industrial Average fall by more than $700 at one point. Sell orders spread across a wide range of stocks due to concerns about the future of the American economy and concerns that inflation will accelerate again due to the Trump administration's tariff policy.
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Yen exchange rate: NY market rises to 148 yen per dollar as concerns grow over the US economy
2025-02-22 03:43:00
On the 21st, the New York foreign exchange market saw a trend of selling dollars and buying yen, with the yen temporarily rising to the 148 yen range per dollar for the first time in about two and a half months. The indicators on the business confidence of the US non-manufacturing sector released on the same day fell short of market expectations, spreading concerns about the future of the economy, accelerating the trend of selling dollars and buying yen.
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