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

Economic news(2025/05/18)


Kyoto   Hakone

Prime Minister Ishiba visits quantum computer research and development center in Tsukuba, Ibaraki

2025-05-18 18:07:00
Prime Minister Ishiba visited a research and development center for quantum computers, which are expected to be the next generation of computers, and expressed his intention to support quantum technology as a whole, as he believes it could become a pillar of new domestic industry.

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Nissan to offer early retirement to domestic office staff

2025-05-18 09:58:00
Nissan Motor Co., whose business performance has been deteriorating, is planning to cut 20,000 jobs across the group in an effort to turn things around, and it has been learned that in Japan, it will be offering early retirement to administrative employees.

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Agriculture Minister Eto to accelerate distribution of stockpiled rice "hoping for rice prices to fall"

2025-05-18 06:27:00
On the evening of the 17th, on NHK's "Saturday Watch 9," Agriculture, Forestry and Fisheries Minister Eto expressed his hope that the newly announced improvements to rice stockpiles will accelerate distribution and lead to a drop in prices.

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Nissan's factory cutbacks raise concerns about impact on employment at two factories in Kanagawa Prefecture

2025-05-18 05:18:00
Sources say Nissan Motor's plan to cut factories as part of its business restructuring includes two factories in Kanagawa Prefecture, including the Oppama Factory. However, concerns have been raised in the areas where the factories are located about the impact on employment and other issues, and Nissan is expected to proceed with careful consideration.

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Oil production to rise despite lowest level in four years - what are OPEC+'s intentions? [Economic column]

2025-05-18 04:33:00
Crude oil prices have been fluctuating significantly. At the beginning of this year, a representative index was in the $80 range per barrel, but in April it fell to the $55 range, the first time in about four years. Even after the agreement reached in trade talks between the United States and China, prices have remained at a level close to the $60 range. The downward trend in prices is due to a combination of various factors, but what has surprised market participants is the decision by OPEC+, a group of major oil-producing countries, to increase crude oil production. Increasing production should increase supply and lower crude oil prices, but is that enough for oil-producing countries? President Trump's figure can be seen lurking behind this decision. We will unravel the mystery. (Yamada Hiroki, London Bureau Reporter)

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Kyoto   Mt.Fuji


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