Economic news(2025/04/07)
The NY Dow fell by more than $1,700 at one point amid concerns over the risk of a global recession
2025-04-07 22:55:00
On the 7th, sell orders spread immediately after trading began on the New York Stock Exchange, and the Dow Jones Industrial Average temporarily fell by more than $1,700 compared to last weekend. This is due to the intensification of trade friction triggered by the "reciprocal tariffs" imposed by the Trump administration, and concerns about the risk of a global economic recession are growing. Even as stock prices fall sharply, President Trump's emphasis on his intention to maintain the "reciprocal tariffs" is also dampening investor sentiment.
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Oil futures prices fall below $60 per barrel for the first time in four years amid concerns over trade friction
2025-04-07 21:57:00
On the 7th, in the crude oil market, international crude oil futures prices fell below $60 per barrel for the first time in four years as concerns grew over the impact of trade friction on the global economy following China's announcement of countermeasures against the Trump administration's "reciprocal tariffs."
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Fuji TV announces cut in president's monthly salary by 50% and cut in directors' executive compensation
2025-04-07 21:55:00
In response to the series of problems, Fuji Television announced that it would reduce the remuneration of its directors, including cutting President Kenji Shimizu's monthly salary by 50% for the time being, in order to clarify responsibility for the deterioration of its management.
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Long-term interest rates: 10-year government bond yields fall to lowest level in about three months
2025-04-07 21:25:00
Amid a growing risk-averse movement in financial markets due to concerns over the tariff policies introduced by the Trump administration in the United States, Japanese government bonds were bought in the bond market on the 7th, and the yield on 10-year government bonds, which is a representative indicator of long-term interest rates, temporarily fell to 1.105%, the lowest level in approximately three months.
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Honda vice president resigns after misconduct at off-hours social gathering
2025-04-07 21:24:00
Honda announced that Executive Vice President Shinji Aoyama resigned on the 7th for inappropriate conduct at a social gathering outside of work hours. President Toshihiro Mibe also said he would voluntarily give up 20% of his monthly salary for two months.
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President Trump reiterates that tariffs are necessary despite sharp stock price decline
2025-04-07 21:00:00
As concerns grow over the risk of a global economic recession following the Trump administration's imposition of "reciprocal tariffs," President Trump told reporters on the 6th, "Sometimes you need medicine to fix something," reiterating his assertion that tariff measures are necessary.
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Bank of Japan leaves economic assessment unchanged across all regions amid concerns over U.S. administration's tariff policies
2025-04-07 19:39:00
The Bank of Japan released its "Regional Economic Report," which is compiled every three months, on the 7th. The economic assessment for all regions was unchanged, but companies across the country reported concerns about preparations for and the impact of the tariff policy of the Trump administration in the United States.
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President Trump reiterates that tariffs are necessary despite sharp stock price decline
2025-04-07 19:29:00
As concerns grow over the risk of a global economic recession following the Trump administration's imposition of "reciprocal tariffs," President Trump told reporters on the 6th, "Sometimes you need medicine to fix something," reiterating his assertion that tariff measures are necessary.
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"Trump Shock" Nikkei Stock Average Falls: What's Next? Ask the Experts
2025-04-07 19:28:00
The Tokyo stock market was shaken by the "Trump Shock" at the start of the week. Due to concerns over the Trump administration's tariff policy, the Nikkei average on the 7th fell by more than 2,600 yen from the end of last week, the third largest drop in closing prices in history. What will happen next? What impact will this have on the Japanese economy? We have compiled the opinions of experts.
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Seven-Eleven store manager commits suicide; Oita recognized as work-related accident after six months without a day off
2025-04-07 19:23:00
A 38-year-old man who worked as a manager at a Seven-Eleven store in Oita Prefecture committed suicide three years ago. An interview with the family's lawyer revealed that the death was recognized as a work-related accident caused by working without a single day off for six months.
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Average supermarket rice price rises for 13 consecutive weeks - why prices won't fall
2025-04-07 19:12:00
The average price of rice at supermarkets nationwide was 4,206 yen per 5 kilograms, including tax, for the week ending on the 30th of last month. The government began selling stockpiled rice in stores late last month, and price trends have been attracting attention, but the price has risen for 13 consecutive weeks. Experts point out that "the industry as a whole feels that there is still not enough rice, which is probably the reason why prices are remaining high."
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President Trump reiterates that tariffs are necessary despite sharp stock price decline
2025-04-07 19:06:00
As concerns grow over the risk of a global economic recession following the Trump administration's imposition of "reciprocal tariffs," President Trump told reporters on the 6th, "Sometimes you need medicine to fix something," reiterating his assertion that tariff measures are necessary.
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Stock price falls by 2,644 yen since last weekend, the third largest drop in history
2025-04-07 18:45:00
The Tokyo Stock Exchange began the week with an across-the-board decline throughout the day, with the Nikkei Stock Average dropping more than 2,600 yen from the end of last week to close at 31,136.58 yen on the 7th. This was the third-largest drop in closing prices, following the day after Black Monday in 1987 and the plunge of more than 4,000 yen in August last year.
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Yen exchange rate is unstable in Tokyo foreign exchange market
2025-04-07 18:31:00
On the 7th, the Tokyo foreign exchange market was volatile, with the yen fluctuating by approximately 2 yen against the dollar during the day, due to a mix of opinions on the impact of the Trump administration's tariff policy on the Japanese economy and the Bank of Japan's subsequent interest rate hikes.
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Bank of Japan leaves economic assessment unchanged across all regions amid concerns over U.S. administration's tariff policies
2025-04-07 18:04:00
The Bank of Japan released its "Regional Economic Report," which is compiled every three months, on the 7th. The economic assessment for all regions was unchanged, but companies across the country reported concerns about preparations for and the impact of the tariff policy of the Trump administration in the United States.
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President Trump reiterates that tariffs are necessary despite sharp stock price decline
2025-04-07 17:58:00
As concerns grow over the risk of a global economic recession following the Trump administration's imposition of "reciprocal tariffs," President Trump told reporters on the 6th, "Sometimes you need medicine to fix something," reiterating his assertion that tariff measures are necessary.
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President Trump reiterates that tariffs are necessary despite sharp stock price decline
2025-04-07 17:04:00
As concerns grow over the risk of a global economic recession following the Trump administration's imposition of "reciprocal tariffs," President Trump told reporters on the 6th, "Sometimes you need medicine to fix something," reiterating his assertion that tariff measures are necessary.
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February's economic activity index rises for the third consecutive month, up 0.8 points from the previous month
2025-04-07 16:41:00
The Cabinet Office announced that the coincident index, which indicates the current state of the economy, for February this year was 116.9, up 0.8 points from the previous month, with 2020 as the base year and 100. This is the third consecutive month that the index has increased.
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Stock price falls by 2,644 yen since last weekend, the third largest drop in history
2025-04-07 16:00:00
The Tokyo Stock Exchange began the week with an across-the-board decline throughout the day, with the Nikkei Stock Average dropping more than 2,600 yen from the end of last week to close at 31,136.58 yen on the 7th. This was the third-largest drop in closing prices, following the day after Black Monday in 1987 and the plunge of more than 4,000 yen in August last year.
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Kobayashi Pharmaceutical's Red Koji Issue: Shareholder Derivative Lawsuit Seeks 13.5 Billion Yen in Compensation
2025-04-07 15:31:00
In response to a series of problems surrounding supplements containing red yeast rice ingredients, a Hong Kong investment fund, which is a major shareholder in Kobayashi Pharmaceutical, has filed a derivative lawsuit against the then-chairman and president, both of whom are from the founding family, seeking approximately 13.5 billion yen in compensation from the company.
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[Breaking News] Nikkei Stock Average temporarily plummets by more than 2,900 yen. Afternoon movements
2025-04-07 14:58:00
On the Tokyo stock market on the 7th, the start of the week, the Nikkei average temporarily fell by more than 2,900 yen as concerns grew further that the risk of the global economy falling into recession increased following the Chinese government's announcement of additional tariffs in retaliation against the Trump administration's "reciprocal tariffs."
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[Breaking News] Nikkei Stock Average temporarily plummets by more than 2,900 yen. Afternoon movements
2025-04-07 13:37:00
On the Tokyo stock market on the 7th, the start of the week, the Nikkei average temporarily fell by more than 2,900 yen as concerns grew further that the risk of the global economy falling into recession increased following the Chinese government's announcement of additional tariffs in retaliation against the Trump administration's "reciprocal tariffs."
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President Trump reiterates that tariffs are necessary despite sharp stock price decline
2025-04-07 13:16:00
As concerns grow over the risk of a global economic recession following the Trump administration's imposition of "reciprocal tariffs," President Trump told reporters on the 6th, "Sometimes you need medicine to fix something," reiterating his assertion that tariff measures are necessary.
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[Breaking News] Nikkei Stock Average temporarily plummets by more than 2,900 yen, third largest drop
2025-04-07 12:53:00
On the Tokyo stock market on the 7th, the start of the week, the Nikkei average temporarily fell by more than 2,900 yen as concerns grew further that the risk of the global economy falling into recession increased following the Chinese government's announcement of additional tariffs in retaliation against the Trump administration's "reciprocal tariffs."
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Japan Post Bank system recovery, online banking temporarily unavailable
2025-04-07 12:41:00
Japan Post Bank experienced a malfunction in its systems for internet banking and smartphone payments, making services unavailable, but announced that they had been restored around 11:30 a.m.
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The yen is trading at 146 yen to the dollar as expectations of a Bank of Japan interest rate hike fade.
2025-04-07 12:15:00
At the start of the week on the 7th, stock prices plummeted on the Tokyo foreign exchange market and the Tokyo stock market, and investors' expectations that the Bank of Japan would raise interest rates faded, leading to a widespread selling of the yen, with the yen falling to the high 146 yen range against the dollar.
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President Trump: "We need medicine to fix something" - emphasizes "reciprocal tariffs"
2025-04-07 12:08:00
As concerns grow over the risk of a global economic recession following the Trump administration's imposition of "reciprocal tariffs," President Trump told reporters on the 6th, "Sometimes you need medicine to fix something," reiterating his assertion that tariff measures are necessary.
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[Breaking News] Nikkei Stock Average temporarily plummets by more than 2,900 yen, third largest drop
2025-04-07 11:57:00
On the Tokyo stock market on the 7th, the start of the week, the Nikkei average temporarily fell by more than 2,900 yen as concerns grew further that the risk of the global economy falling into recession increased following the Chinese government's announcement of additional tariffs in retaliation against the Trump administration's "reciprocal tariffs."
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Japan Post Bank system malfunction, online banking unavailable
2025-04-07 11:19:00
Japan Post Bank has announced that a malfunction has occurred in its systems for internet banking and smartphone payments, making services unavailable. There is currently no prospect of recovery, and the cause is currently being investigated.
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[Breaking News] Stock prices plummet by more than 2,900 yen at one point, the third largest drop in history
2025-04-07 11:15:00
On Monday the 7th, the Tokyo stock market saw the Nikkei average plummet by more than 2,900 yen as concerns grew further that the risk of the global economy falling into recession increased following the Chinese government's announcement of additional tariffs in retaliation against the Trump administration's "reciprocal tariffs."
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[Breaking News] Stock prices plummet by more than 2,900 yen at one point, the third largest drop in history
2025-04-07 09:51:00
On Monday the 7th, the Tokyo stock market saw the Nikkei average plummet by more than 2,900 yen as concerns grew further that the risk of the global economy falling into recession increased following the Chinese government's announcement of additional tariffs in retaliation against the Trump administration's "reciprocal tariffs."
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U.S. Treasury Secretary emphasizes the legitimacy of tariff policy despite stock price plunge due to "reciprocal tariffs"
2025-04-07 09:49:00
As stock prices on the New York Stock Exchange plummeted due to the "reciprocal tariffs" imposed by the Trump administration, Treasury Secretary Bessent said that the market would react in the short term and that "I see no reason to price in the possibility of a recession," emphasizing the legitimacy of the tariff policy.
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Stock prices plummet by more than 2,500 yen amid fears of a global economic slowdown due to mutual tariffs
2025-04-07 09:14:00
The Nikkei average on the Tokyo Stock Exchange on the 7th, the start of the week, plummeted by over 2,500 yen in about 10 minutes after trading began. The Chinese government announced additional tariffs in retaliation against the Trump administration's "reciprocal tariffs," which has intensified trade friction and raised concerns that the risk of the global economy falling into recession has grown, leading to a large number of sell orders in the Tokyo market.
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Yen surges on fears of rising risk of US recession
2025-04-07 08:44:00
At the start of the week in the Tokyo foreign exchange market, there was an intensifying trend to sell dollars due to concerns that the Trump administration's tariff policies are increasing the risk of an economic recession in the United States, and the yen has risen significantly compared to the end of last week.
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Real wages fall 1.2% for second consecutive month as wages fail to keep up with rising prices
2025-04-07 08:32:00
The total amount of cash wages per worker in February of this year increased by 3.1% compared to the same month last year, but wage growth did not keep up with rising prices, and real wages decreased by 1.2%, marking the second consecutive month of decline.
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Tokyo stock market at start of the week: focus on whether the unrest over “Trump tariffs” will subside
2025-04-07 08:02:00
Last week, major stock markets around the world, including Tokyo, suffered record declines across the board due to concerns that the Trump administration's tariff policies would have a serious impact on the economy. Trading on the Tokyo Stock Exchange begins at 9 a.m. on the 7th, but the focus is on whether the market turmoil will subside as investors become more risk-averse.
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Domestic EV sales fall for the first time in four years last year, with many new models being introduced this year
2025-04-07 06:40:00
Domestic EV (electric vehicle) sales, excluding minicars, fell for the first time in four years last year, accounting for only 1.3% of total sales. This year, a series of new models are expected to be introduced, and the focus is on whether this will lead to increased sales.
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U.S. Treasury Secretary emphasizes the legitimacy of tariff policy despite stock price plunge due to "reciprocal tariffs"
2025-04-07 06:17:00
As stock prices on the New York Stock Exchange plummeted due to the "reciprocal tariffs" imposed by the Trump administration, Treasury Secretary Bessent said that the market would react in the short term and that "I see no reason to price in the possibility of a recession," emphasizing the legitimacy of the tariff policy.
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Imported rice: As rice prices continue to rise, retailers are increasingly handling it
2025-04-07 05:21:00
As rice prices continue to rise, retailers are increasingly handling imported rice.
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Tokyo stock market at start of the week: focus on whether the unrest over “Trump tariffs” will subside
2025-04-07 04:37:00
Last week, major stock markets around the world, including Tokyo, suffered record declines across the board due to concerns that the Trump administration's tariff policies would have a serious impact on the economy. Trading on the Tokyo Stock Exchange begins at 9 a.m. on the 7th, but the focus is on whether the market turmoil will subside as investors become more risk-averse.
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