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Tokyo June heatwave worst since 1875 as power supply creaks under strain

By Sakura Murakami and Elaine Lies TOKYO (Reuters) - Japan baked under scorching temperatures for a fourth successive day on Tuesday, as the capital's heat broke nearly...

By Sakura Murakami and Elaine Lies

TOKYO (Reuters) - Japan baked under scorching temperatures for a fourth successive day on Tuesday, as the capital's heat broke nearly 150-year-old records for June and authorities warned power supply remained tight enough to raise the spectre of cuts.

A high of 36 C was predicted for Tokyo on Tuesday, after three successive days of temperatures topping 35 C - the worst streak of hot weather in June since records began in 1875.

Cases of hospitalisation from heatstroke rose early in the day, with many in the capital continue to flout government advice by continuing to wear face masks outdoors - a legacy of more than two years of the COVID-19 pandemic.

For a second day, authorities asked consumers in the Tokyo area to conserve electricity to avoid a looming power cut. The heatwave comes less than two weeks before a national election in which surging prices - including electricity - are rated the top concern for voters in opinion polls that show the government's approval rating slipping.

As of 9:00 a.m. local time (0000 GMT), 13 people had been taken to hospital with suspected heatstroke, Fuji News Network said. At least two people are believed to have died from heatstroke, media said, prompting authorities to moderate their calls for power saving.

"Apparently there are some elderly people who have turned off their air conditioners because we are asking people to save energy, but please - it's this hot - don't hesitate about cooling off," trade and industry minister Koichi Hagiuda told a news conference.

The government warned on Monday that reserve generating capacity could drop below 5% on Tuesday afternoon, close to the minimum of 3% that ensures stable supply, in Tokyo and eight surrounding prefectures. Reserve capacity below 3% risks power shortages and blackouts.

Government offices on Monday - including the Ministry of Economy, Trade and Industry (METI) - turned off some lights in the afternoon and evening, with METI halting use of 25% of elevators in its building.

Around 21% of respondents to a Yahoo Japan survey said using air conditioners helped them beat the heat, with staying hydrated in the top slot at 53%. Only 12% said they had stopped wearing face masks despite government guidelines that they no longer need to be worn outside.

Though expected to do well in the July 10 election for the upper house of parliament, Prime Minister Fumio Kishida's ruling party faces headwinds from rising prices, worsened by a slide in the value of the yen that makes imports more costly.

The Kishida cabinet's approval came to 50% in a voter survey conducted by public broadcaster NHK on June 24-26, down from 55% last week.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

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Indicators:

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Sell (3)

EUR/USD

1.0658

-0.0008 (-0.07%)

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↑ Sell

Moving Avg:

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Sell (12)

Indicators:

Buy (2)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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↑ Sell

Moving Avg:

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Sell (10)

USD/JPY

157.91

+0.12 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Indicators:

Buy (9)

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AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (2)

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USD/CAD

1.3780

+0.0003 (+0.03%)

Summary

↑ Buy

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EUR/JPY

168.32

+0.10 (+0.06%)

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↑ Buy

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Neutral

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Gold Futures

2,295.80

-7.10 (-0.31%)

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Silver Futures

26.677

+0.023 (+0.09%)

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Copper Futures

4.5305

-0.0105 (-0.23%)

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Crude Oil WTI Futures

81.14

-0.79 (-0.96%)

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Brent Oil Futures

85.62

-0.71 (-0.82%)

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Natural Gas Futures

1.946

-0.009 (-0.46%)

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US Coffee C Futures

213.73

-13.77 (-6.05%)

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Euro Stoxx 50

4,920.55

-60.54 (-1.22%)

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S&P 500

5,035.69

-80.48 (-1.57%)

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DAX

17,921.95

-196.37 (-1.08%)

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FTSE 100

8,144.13

-2.90 (-0.04%)

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Sell

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Hang Seng

17,763.03

+16.12 (+0.09%)

Summary

↑ Sell

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Sell (6)

US Small Cap 2000

1,973.05

-42.98 (-2.13%)

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↑ Sell

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IBEX 35

10,854.40

-246.40 (-2.22%)

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Neutral

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BASF SE NA O.N.

49.155

+0.100 (+0.20%)

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Bayer AG NA

27.35

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Allianz SE VNA O.N.

266.60

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Adidas AG

226.40

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Deutsche Lufthansa AG

6.714

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Siemens AG Class N

175.90

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15.010

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
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$2,285.72-47.5-2.04%
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RON 95-V25.44025.940
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Ngoại tệMua vàoBán ra
USD25.088,0025.458,00
EUR26.475,3627.949,19
GBP30.873,5232.211,36
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KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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