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Starting with the Nikkei average rising by 399 yen, real wages fell 1.3% in February, negative for 23 consecutive months - high nominal growth for the first time in 8 months

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moomooニュース日本株 wrote a column · Apr 7 19:11
Starting with the Nikkei average rising by 399 yen, real wages fell 1.3% in February, negative for 23 consecutive months - high nominal growth for the first tim...
Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.

Market Overview
Today's Nikkei Stock Average started at 39391.98 yen, 399.90 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2722.61, 19.99 points higher.
Starting with the Nikkei average rising by 399 yen, real wages fell 1.3% in February, negative for 23 consecutive months - high nominal growth for the first tim...
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Real wages fell 1.3% in February, negative for 23 consecutive months - high nominal growth for the first time in 8 months
Real wages in February, reflecting price fluctuations, fell below the previous year for 23 consecutive months. Although nominal wages grew at a high rate for the first time in 8 months, the negative range widened from the previous month. The main reason was that the effects of the government's measures against high prices went round and the inflation rate was boosted again.

Current account surplus boosted by 2.6 trillion yen car exports and visitors to Japan in February
According to the February balance of payments statistics (preliminary report) announced by the Ministry of Finance on the 8th, the current account balance showing the status of transactions of goods, services, etc. with overseas was a surplus of 2,644.2 billion yen. Automobile exports grew and the trade deficit narrowed, and an increase in visitors to Japan boosted the travel balance surplus.

Japan-US to contribute 110 million dollars to industry-government-academia framework through joint AI research
The two governments of Japan and the United States have begun adjustments to establish a new framework for industry, government, and academia in order to develop technologies related to artificial intelligence (AI). The plan is to contribute approximately 110 million dollars (about 16.6 billion yen) for research. It will be announced in conjunction with the Japan-US summit meeting in Washington on the 10th.

Ueda Bank of Japan 1st year, the depreciation of the yen became a ghost for outstanding policy management by successive governors
Bank of Japan Governor Ueda Kazuo took office on the 9th and it will be 1 year. The fact that we were able to dismantle “cross-dimensional mitigation,” which was seen as a fairly difficult project, is a major achievement. The attitude of prioritizing market stability paid off, but the depreciation of the yen progressed as a by-product. The rate of decline in the yen exchange rate this past year reached 13% (as of the 5th), which stands out among the 11 successive presidents under the floating exchange rate system.

Kirin HD continues to grow for 3 days, expands health food overseas to increase sales by 50% at Australian subsidiary = Nikkei
$Kirin Holdings(2503.JP)$continued to increase for 3 days. The morning edition of the Nihon Keizai Shimbun dated 8th reported that the company will expand its health food business in Australia and Southeast Asia.
Yaskawa Electric - Buying Promises Operating Profit Is Expected to Increase 6% This Fiscal Year, Down 3% in the Previous Fiscal Year
$YASKAWA Electric(6506.JP)$It's a buying trend. The company announced on the 5th that the consolidated operating profit (IFRS) forecast for the full year of the 25.2 fiscal year will be 70 billion yen (up 5.7% from the previous fiscal year) and the annual dividend forecast will be 68 yen (64 yen for the previous fiscal year).
Distribution source: Bloomberg, Nihon Keizai Shimbun, Traders Web
ー Moo Moo News Japanese stock Evelyn
Starting with the Nikkei average rising by 399 yen, real wages fell 1.3% in February, negative for 23 consecutive months - high nominal growth for the first tim...
Starting with the Nikkei average rising by 399 yen, real wages fell 1.3% in February, negative for 23 consecutive months - high nominal growth for the first tim...
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