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

Economic news(2025/05/02)


Kyoto   Hakone

US April employment statistics: 177,000 more employed than expected

2025-05-02 23:46:00
The April employment statistics for the United States were released, showing that non-agricultural employees increased by 177,000 from March, exceeding market expectations. This shows the strength of the labor market, but the focus will be on how the Trump administration's tariff measures will affect the employment situation.

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President Trump posts on social media that the Fed should lower interest rates

2025-05-02 23:41:00
On the 2nd, US President Trump posted on his social media that the Federal Reserve should lower interest rates. He wrote, "Gasoline prices are the lowest they've been in years, food prices have dropped, employment is strong, and the US will receive billions of dollars in tariff revenue - it's all good news. Consumers have been waiting years for prices to go down. There is no inflation and the Fed should lower interest rates."

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Pacific saury catch limit set at 95,000 tons, 13% lower than last year

2025-05-02 20:46:00
With regard to Pacific saury, which continues to suffer from serious catch shortages, a council of the Ministry of Agriculture, Forestry and Fisheries has decided to set this year's catch limit at just over 95,000 tons, 13% lower than last year. This will be the lowest amount since a catch limit was imposed in Japan.

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Securities account hijacking: 10 major companies plan to compensate customers according to damage situation

2025-05-02 18:46:00
In response to a series of incidents in which securities accounts have been hijacked and stocks and other transactions made without the customer's knowledge, an industry association for securities companies announced on the 2nd that the 10 major companies have decided to provide compensation to customers depending on the extent of the damage.

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Finance Minister Kato: "U.S. Treasury bonds are also a card to play" in Trump tariff negotiations

2025-05-02 18:39:00
Appearing on a TV Tokyo program, Finance Minister Kato was asked whether the treatment of U.S. government bonds held by Japan could be a tool in Japan-U.S. negotiations over tariffs imposed by the Trump administration. He replied, "It is a card to play."

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The yen temporarily traded at the high 145 yen range against the dollar, with the Bank of Japan expected to have difficulty raising interest rates further.

2025-05-02 18:15:00
On the 2nd, the Tokyo foreign exchange market saw the yen weaken to the upper 145 yen range for the first time in about three weeks. With the Trump administration in the United States imposing tariffs, yen selling spread due to the view that it would be difficult for the Bank of Japan to raise interest rates further this year.

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Exporters worried as US impending additional tariffs on auto parts

2025-05-02 17:58:00
US President Trump has announced that he will impose an additional 25% tariff on imported engines and other major auto parts by the 3rd. A manufacturer in Aichi Prefecture that exports dies to make auto parts to the US is growing increasingly worried that its products may be included in the target list.

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Mitsubishi Corporation and Mitsui & Co. both expect declines in final profits this fiscal year

2025-05-02 17:50:00
By the 2nd, the five major trading companies had announced their financial results for last fiscal year and their earnings forecasts for this fiscal year. Of these, Mitsubishi Corporation and Mitsui & Co. are forecasting a decline in their final profits, due to the expectation of falling resource prices and other factors amid growing concerns about a global economic slowdown due to the Trump administration's tariff measures.

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Large-scale ETC system failure: Central Nippon Expressway Co., Ltd. decides not to charge tolls

2025-05-02 17:29:00
Regarding the large-scale ETC system failure that occurred in April, Central Nippon Expressway Company held a press conference on the 2nd and announced a policy of not charging usage fees. However, as approximately 450,000 vehicles have already completed the payment procedures, they have decided to take measures such as refunding the equivalent amount in the future.

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40 years since the Japan Airlines crash: "Efforts to pass on lessons learned to younger employees"

2025-05-02 17:15:00
Ahead of the 40th anniversary in August of the Japan Airlines Jumbo Jet crash that killed 520 people, Japan Airlines President Mitsuko Tottori said, "There are very few employees who know about Osutaka now," and expressed her intention to continue efforts to convey the lessons learned from the accident to younger generations of employees.

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Stock prices temporarily rise by more than 500 yen, yen depreciation leads to buying orders for export-related stocks

2025-05-02 15:59:00
On the 2nd, the Nikkei average temporarily rose by more than 500 yen on the Tokyo stock market as buying orders were placed on export-related stocks due to the yen's depreciation in the foreign exchange market.

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Trump administration imposes tariffs on small imports from China, a blow to online shopping

2025-05-02 15:45:00
The Trump administration in the United States has abolished the tariff exemption measure for small imports from mainland China and Hong Kong, and imposed new tariffs on the 2nd. This is likely to be a blow to online retailers from China that have been taking advantage of this exemption to expand their business.

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Large-scale ETC system failure: Central Nippon Expressway Co., Ltd. decides not to charge tolls

2025-05-02 15:30:00
Central Nippon Expressway Co., Ltd. held a press conference on the 2nd and announced its policy of not charging users for the large-scale ETC system failure that occurred at toll booths on expressways in eight prefectures in April. When the system failure occurred, Central Nippon Expressway Co., Ltd. responded by opening the exit bars to allow people to pass through and tolls would be collected at a later date, but in light of the seriousness of the confusion it caused, the company has decided not to charge users. Users who have already paid will be refunded with Quo Cards or other means.

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Trump administration imposes tariffs on small imports from China, a blow to online shopping

2025-05-02 13:05:00
The Trump administration in the United States has abolished the tariff exemption measure for small imports from mainland China and Hong Kong, and imposed new tariffs on the 2nd. This is likely to be a blow to online retailers from China that have been expanding their business by taking advantage of this exemption measure.

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Amazon's January-March financial results show a big increase in profits due to expanding revenue from cloud business and other areas

2025-05-02 13:00:00
American IT giant Amazon reported a significant increase in profits for the three months ending in March this year, driven by increased revenue from its cloud business, supported by demand for AI.

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The yen temporarily traded at the high 145 yen range against the dollar, with the Bank of Japan expected to have difficulty raising interest rates further.

2025-05-02 12:25:00
On the 2nd, the Tokyo foreign exchange market saw a widespread trend of selling yen and buying dollars, with the yen weakening to the upper 145 yen range for the first time in about three weeks in the morning. This was due to the growing view that it may be difficult for the Bank of Japan to raise interest rates further this year, as the Trump administration in the United States implements tariff measures.

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Stock prices rise Buy orders for export-related stocks due to weak yen and strong dollar

2025-05-02 12:23:00
On the 2nd, the Nikkei average rose on the Tokyo stock market as buying orders were placed on export-related stocks due to the yen's depreciation against the dollar in the foreign exchange market.

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Apple to move iPhones sold in the US to India to avoid tariffs

2025-05-02 10:54:00
Tim Cook, CEO of American IT giant Apple, said on the 1st that in order to avoid the impact of tariffs imposed by the Trump administration, "most of the iPhones sold in the US this fiscal year will be made in India."

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The national average job offer ratio for March was 1.26 times, up 0.02 points from the previous month

2025-05-02 08:30:00
The national average job availability ratio for March of this year was 1.26, up 0.02 points from the previous month. The Ministry of Health, Labor and Welfare stated, "While some industries are seeing an increase in job offers due to labor shortages, some industries are continuing to suppress new job offers due to rising prices and utility costs."

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New York market: Yen exchange rate falls to the upper 145 yen range per dollar

2025-05-02 06:44:00
On the 1st, in the New York foreign exchange market, there was a further increase in the trend of selling yen and buying dollars due to speculation that the Bank of Japan would delay further interest rate hikes, and the yen temporarily fell to the high 145 yen range per dollar.

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U.S. automaker GM cuts earnings forecast due to additional costs from tariffs

2025-05-02 06:10:00
General Motors, a major American automaker, has significantly revised down its earnings forecast after revealing that it expects additional costs due to the Trump administration's tariff measures to amount to up to approximately 720 billion yen over the course of this year.

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Bank of Japan lowers forecast for economic growth rate this fiscal year; interest rate hike difficult this year

2025-05-02 05:33:00
As the Trump administration in the United States implements tariff measures, the Bank of Japan significantly revised down its economic growth forecast for this fiscal year at its monetary policy meeting on the 1st, and Governor Ueda also stated in a press conference that there is a lot of uncertainty and that the next interest rate hike will be a difficult decision. In response to this, some in the financial markets are of the opinion that an additional interest rate hike this year will be difficult.

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Iran holds industrial trade fair amid talks with U.S. over nuclear program, hopes for lifting sanctions

2025-05-02 05:18:00
A large-scale industrial trade fair was held in Iran, where talks are underway with the Trump administration over nuclear development in an effort to lift U.S. economic sanctions, and participating companies expressed hope for progress in the talks.

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Prime Minister Ishiba and Toyota Chairman Toyoda exchange views on Trump administration's tariff measures

2025-05-02 00:11:00
Regarding the tariff measures imposed by the Trump administration in the United States, Prime Minister Ishiba met with Toyota Motor Corporation Chairman Akio Toyoda on the evening of the 1st and exchanged views on the impact of the series of measures on the domestic automobile industry.

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Kyoto   Mt.Fuji


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