{"id":2645679,"date":"2025-09-18T06:38:20","date_gmt":"2025-09-18T06:38:20","guid":{"rendered":"https:\/\/www.wacoca.com\/news\/2645679\/"},"modified":"2025-09-18T06:38:20","modified_gmt":"2025-09-18T06:38:20","slug":"%e3%82%b3%e3%83%a9%e3%83%a0%ef%bc%9a%e3%82%a4%e3%83%b3%e3%83%89%e7%b5%8c%e6%b8%88%e3%80%81%e3%83%88%e3%83%a9%e3%83%b3%e3%83%97%e6%b0%8f%e6%94%bf%e7%ad%96%e3%81%a7%e4%b8%80%e6%b0%97%e3%81%ab%e5%a5%bd","status":"publish","type":"post","link":"https:\/\/www.wacoca.com\/news\/2645679\/","title":{"rendered":"\u30b3\u30e9\u30e0\uff1a\u30a4\u30f3\u30c9\u7d4c\u6e08\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u653f\u7b56\u3067\u4e00\u6c17\u306b\u597d\u5faa\u74b0\u304b\u3089\u60aa\u5faa\u74b0\u3078 | \u30ed\u30a4\u30bf\u30fc"},"content":{"rendered":"

\"コラム：インド経済、トランプ氏政策で一気に好循環から悪循環へ\"\/<\/p>\n

\u3000\u8fd1\u5e74\u306e\u30a4\u30f3\u30c9\u306f\u5168\u3066\u304c\u3046\u307e\u304f\u56de\u3063\u3066\u3044\u305f\u3002\u5199\u771f\u306f\u30e2\u30c7\u30a3\u9996\u76f8\u3002\uff18\u6708\uff12\uff19\u65e5\u3001\u6771\u4eac\u3067\u64ae\u5f71\uff08\uff12\uff10\uff12\uff15\u5e74\u3000\u30ed\u30a4\u30bf\u30fc\/Issei Kato\uff09<\/p>\n

[\u30cb\u30e5\u30fc\u30c7\u30ea\u30fc\/\u30e0\u30f3\u30d0\u30a4 \uff11\uff18\u65e5 \u30ed\u30a4\u30bf\u30fc\u3000BREAKINGVIEWS] – \u3000\u3000\u8fd1\u5e74\u306e\u30a4\u30f3\u30c9\u306f\u5168\u3066\u304c\u3046\u307e\u304f\u56de\u3063\u3066\u3044\u305f\u3002\u7d4c\u6e08\u304c\u6025\u6210\u9577\u3057\u3001\u5b89\u5b9a\u3057\u3066\u3044\u305f\u305f\u3081\u3001\u540c\u56fd\u306b\u5bfe\u3059\u308b\u4fe1\u983c\u306f\u9ad8\u307e\u308a\u3001\u4e16\u754c\u7684\u306a\u5730\u4f4d\u304c\u5411\u4e0a\u3057\u305f\u3002\u3068\u3053\u308d\u304c\u3001\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u304c\u4ed5\u639b\u3051\u305f\u8cbf\u6613\u6226\u4e89\u3068\u3001\u96c7\u7528\u3092\u56fd\u5185\u306b\u53d6\u308a\u623b\u305d\u3046\u3068\u3059\u308b\u53d6\u308a\u7d44\u307f\u306b\u3088\u308a\u3001\u30e2\u30c7\u30a3\u9996\u76f8\u304c\u5531\u3048\u305f\u300c\u30a4\u30f3\u30c9\u306e\u6642\u4ee3\u300d\u306f\u3042\u3063\u3068\u3044\u3046\u9593\u306b\u8272\u3042\u305b\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u30a4\u30f3\u30c9\u304b\u3089\u306e\u8f38\u5165\u54c1\u306b\u8a08\uff15\uff10\uff05\u306e\u95a2\u7a0e\u3092\u9069\u7528\u3057\u305f\u3053\u3068\u3067\u3001\u30a4\u30f3\u30c9\u306f\u4ed6\u306e\u30a2\u30b8\u30a2\u8af8\u56fd\u306b\u6bd4\u3079\u3066\u8f38\u51fa\u7af6\u4e89\u529b\u304c\u4f4e\u4e0b\u3057\u3001\u56fd\u5185\u88fd\u9020\u696d\u3092\u767a\u5c55\u3055\u305b\u308b\u3068\u3044\u3046\u91ce\u671b\u306b\u6c34\u3092\u5dee\u3055\u308c\u305f\u3002\u305f\u3060\u3001\u30a4\u30f3\u30c9\u304c\u4e16\u754c\u5168\u4f53\u304b\u3089\u5f97\u308b\u30e2\u30ce\u306e\u8f38\u51fa\u53ce\u5165\u306f\u56fd\u5185\u7dcf\u751f\u7523\uff08\uff27\uff24\uff30\uff09\u306e\uff11\uff11\uff05\u306b\u904e\u304e\u305a\u3001\u7d4c\u6e08\u306f\u95a2\u7a0e\u306e\u75db\u307f\u3092\u5438\u53ce\u3067\u304d\u308b\u3002\u3088\u308a\u5927\u304d\u306a\u8105\u5a01\u306f\u3001\u5bfe\u7c73\u95a2\u4fc2\u60aa\u5316\u304c\u3001\u904e\u53bb\uff12\uff10\u5e74\u306b\u308f\u305f\u3063\u3066\u30a4\u30f3\u30c9\u306e\u7d4c\u6e08\u69cb\u9020\u8ee2\u63db\u3092\u4e3b\u5c0e\u3057\u3066\u304d\u305f\u56fd\u5185\u306e\uff29\uff34\u30b5\u30fc\u30d3\u30b9\u306b\u53ca\u307c\u3059\u5f71\u97ff\u3060\u3002<\/p>\n

\u30a4\u30f3\u30c9\u306e\uff29\uff34\u30b5\u30fc\u30d3\u30b9\u7523\u696d\u306f\u3001\uff2a\uff30\u30e2\u30eb\u30ac\u30f3\u30fb\u30c1\u30a7\u30fc\u30b9(JPM.N), opens new tab\u3084\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30fb\u30b5\u30c3\u30af\u30b9(GS.N), opens new tab\u3001\u30a8\u30af\u30bd\u30f3\u30e2\u30fc\u30d3\u30eb(XOM.N), opens new tab\u3068\u3044\u3063\u305f\u30b0\u30ed\u30fc\u30d0\u30eb\u4f01\u696d\u3068\u306e\u53d6\u5f15\u3092\u901a\u3058\u3066\u56fd\u5185\u306b\u5de8\u5927\u306a\u5bcc\u3092\u5275\u51fa\u3057\u3001\u30cf\u30a4\u30c7\u30e9\u30d0\u30fc\u30c9\u3084\u30d9\u30f3\u30ac\u30eb\u30fc\u30eb\u3068\u3044\u3063\u305f\u5927\u90fd\u5e02\u306e\u767a\u5c55\u306b\u8ca2\u732e\u3057\u305f\u3002\u751f\u307f\u51fa\u3055\u308c\u305f\u8cc7\u91d1\u306f\u682a\u5f0f\u5e02\u5834\u3092\u62e1\u5927\u3055\u305b\u3001\u4e0d\u52d5\u7523\u4fa1\u683c\u3092\u62bc\u3057\u4e0a\u3052\u3001\u5bcc\u88d5\u5c64\u306e\u6d88\u8cbb\u3092\u559a\u8d77\u3057\u3066\u304d\u305f\u3002<\/p>\n

\u7c73\u56fd\u3068\u30a4\u30f3\u30c9\u306f\u8cbf\u6613\u5354\u8b70\u3092\u518d\u958b\u3057\u305f\u3082\u306e\u306e\u3001\u30a4\u30f3\u30c9\u306f\u4ea4\u6e09\u306e\u6b66\u5668\u304c\u9650\u3089\u308c\u3066\u3044\u308b\u3002\u30e2\u30c7\u30a3\u6c0f\u304c\u7c73\u8fb2\u7523\u7269\u306b\u5e02\u5834\u3092\u958b\u653e\u3059\u308b\u3001\u3042\u308b\u3044\u306f\u65e5\u672c\u304c\u6253\u3061\u51fa\u3057\u305f\u3088\u3046\u306a\u5927\u898f\u6a21\u5bfe\u7c73\u6295\u8cc7\u3092\u7d04\u675f\u3059\u308b\u306b\u306f\u30a4\u30f3\u30c9\u306f\u3042\u307e\u308a\u306b\u3082\u8ca7\u3057\u3044\u304b\u3089\u3060\u3002\u4e00\u65b9\u3001\u30a4\u30f3\u30c9\u306f\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u306e\u652f\u914d\u529b\u3082\u4e4f\u3057\u3044\u306e\u3067\u3001\u4e2d\u56fd\u304c\u30ec\u30a2\u30a2\u30fc\u30b9\uff08\u5e0c\u571f\u985e\uff09\u306a\u3069\u306e\u8f38\u51fa\u898f\u5236\u3067\u7c73\u56fd\u306b\u5bfe\u6297\u3057\u305f\u3088\u3046\u306a\u624b\u3082\u4f7f\u3048\u306a\u3044\u3002<\/p>\n

\u30a4\u30f3\u30c9\u306e\u653f\u7b56\u62c5\u5f53\u8005\u3084\u7523\u696d\u754c\u3001\u91d1\u878d\u754c\u306f\u30e2\u30c7\u30a3\u6c0f\u306e\u3053\u3046\u3057\u305f\u7acb\u5834\u306b\u540c\u60c5\u7684\u3067\u3001\u7c73\u653f\u5e9c\u304c\u30a4\u30f3\u30c9\u3092\u4e2d\u56fd\u9663\u55b6\u306b\u8ffd\u3044\u3084\u308b\u306e\u3092\u907f\u3051\u3088\u3046\u3068\u3057\u3066\u3001\u65e9\u6025\u306b\u5f37\u786c\u59ff\u52e2\u3092\u548c\u3089\u3052\u3066\u304f\u308c\u308b\u3068\u3082\u671f\u5f85\u3057\u3066\u3044\u308b\u3002<\/p>\n

\uff1c\u30b5\u30fc\u30d3\u30b9\u8f38\u51fa\u3078\u306e\u6253\u6483\uff1e<\/p>\n

\u95a2\u7a0e\u306e\u5f71\u97ff\u3060\u304c\u3001\u30a2\u30ca\u30f3\u30bf\u30fb\u30ca\u30b2\u30b7\u30e5\u30ef\u30e9\u30f3\u653f\u5e9c\u4e3b\u5e2d\u7d4c\u6e08\u9867\u554f\u306b\u3088\u308c\u3070\u3001\u7c73\u56fd\u306b\u8a08\uff15\uff10\uff05\u306e\u7a0e\u7387\u3092\u8ab2\u3055\u308c\u305f\u3053\u3068\u3067\u3001\u6765\u5e74\uff13\u6708\u307e\u3067\u306e\u4eca\u5e74\u5ea6\u306e\u30a4\u30f3\u30c9\uff27\uff24\uff30\u6210\u9577\u7387\u306f\u6700\u5927\uff10\uff0e\uff16\u30dd\u30a4\u30f3\u30c8\u62bc\u3057\u4e0b\u3052\u3089\u308c\u308b\u6050\u308c\u304c\u3042\u308b\u3068\u3044\u3046\u3002\u653f\u5e9c\u898b\u901a\u3057\u306e\u4e0b\u9650\u306b\u3053\u306e\u5f71\u97ff\u3092\u5f53\u3066\u306f\u3081\u308b\u3068\u3001\u6210\u9577\u7387\u306f\uff15\uff0e\uff17\uff05\u306b\u920d\u5316\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n

\u3053\u308c\u306f\u597d\u307e\u3057\u304f\u306a\u3044\u304c\u3001\u5bfe\u51e6\u306f\u53ef\u80fd\u3060\u3002\u7c73\u56fd\u306e\u95a2\u7a0e\u5bfe\u8c61\u3068\u306a\u308b\u306e\u306f\u3001\u6628\u5e74\u4e16\u754c\u306b\u8f38\u51fa\u3055\u308c\u305f\u30a4\u30f3\u30c9\u88fd\u54c1\uff14\uff13\uff17\uff10\u5104\u30c9\u30eb\uff08\u7d04\uff16\uff14\u5146\uff12\uff13\uff19\uff10\u5104\u5186\uff09\u306e\uff11\uff13\uff05\u306b\u3068\u3069\u307e\u308b\u3002\u306a\u305c\u306a\u3089\u533b\u85ac\u54c1\u3084\u30a2\u30c3\u30d7\u30eb(AAPL.O), opens new tab\u306e\u300c\uff49\uff30\uff48\uff4f\uff4e\uff45\u300d\u306a\u3069\u306e\u96fb\u5b50\u88fd\u54c1\u306f\u9664\u5916\u3055\u308c\u308b\u304b\u3089\u3060\u3002\u3082\u3061\u308d\u3093\u7c73\u95a2\u7a0e\u306b\u3088\u3063\u3066\u3001\u81ea\u52d5\u8eca\u90e8\u54c1\u3084\u5b9d\u98fe\u54c1\u3001\u7e4a\u7dad\u306a\u3069\u52b4\u50cd\u96c6\u7d04\u7684\u306a\u7523\u696d\u306e\u88fd\u54c1\u306e\u7c73\u56fd\u5411\u3051\u8f38\u51fa\u304c\u4e8b\u5b9f\u4e0a\u96e3\u3057\u304f\u306a\u308b\u306e\u3067\u3001\u30a4\u30f3\u30c9\u56fd\u5185\u306e\u96c7\u7528\u306f\u76f8\u5f53\u6e1b\u5c11\u3059\u308b\u3060\u308d\u3046\u3002<\/p>\n

\u4eca\u5e74\u5ea6\u306e\u6210\u9577\u306f\u95a2\u7a0e\u306b\u4f34\u3046\u4e0b\u632f\u308c\u306b\u3088\u308a\u3001\u653f\u5e9c\u304c\u5411\u3053\u3046\uff11\uff10\u5e74\u306e\u76ee\u6a19\u306b\u63b2\u3052\u305f\u6700\u4f4e\uff16\uff05\u306e\u5e74\u9593\u6210\u9577\u7387\u306b\u5c4a\u304b\u306a\u3044\u3057\u3001\uff18\uff05\u304b\u305d\u308c\u4ee5\u4e0a\u3068\u3044\u3046\u671f\u5f85\u304b\u3089\u306f\u4e00\u5c64\u9060\u304f\u306a\u308b\u3002\u305d\u308c\u3067\u3082\u30a4\u30f3\u30c9\u306f\u3001\u4e2d\u56fd\u3092\u4e0a\u56de\u308b\u4e16\u754c\u3067\u6700\u3082\u9ad8\u3044\u6210\u9577\u7387\u3068\u3044\u3046\u7acb\u5834\u306f\u7dad\u6301\u3067\u304d\u308b\u3002<\/p>\n

\u305d\u308c\u3088\u308a\u3082\u30a4\u30f3\u30c9\u306e\u30b5\u30fc\u30d3\u30b9\u696d\u304c\u53d7\u3051\u308b\u6253\u6483\u306e\u65b9\u304c\u6df1\u523b\u3060\u308d\u3046\u3002\uff29\uff34\u30b5\u30fc\u30d3\u30b9\u8f38\u51fa\u306e\u6025\u6e1b\u306f\u56fd\u5185\u306e\u30a4\u30f3\u30d5\u30ec\u3092\u52a0\u901f\u3055\u305b\u3066\u901a\u8ca8\u5371\u6a5f\u3092\u3082\u305f\u3089\u3057\u304b\u306d\u306a\u3044\u3002\u30a4\u30f3\u30c9\u306e\u8ca1\u653f\u3068\u7d4c\u5e38\u53ce\u652f\u3092\u4e0b\u652f\u3048\u3059\u308b\u4e0a\u3067\u3001\u3053\u3046\u3057\u305f\u30b5\u30fc\u30d3\u30b9\u8f38\u51fa\u304c\u91cd\u8981\u306a\u5f79\u76ee\u3092\u679c\u305f\u3057\u3066\u3044\u308b\u304b\u3089\u3060\u3002<\/p>\n

\u30bf\u30bf\u30fb\u30b3\u30f3\u30b5\u30eb\u30bf\u30f3\u30b7\u30fc\u30fb\u30b5\u30fc\u30d3\u30b7\u30ba\uff08\uff34\uff23\uff33\uff09(TCS.NS), opens new tab\u3084\u30a4\u30f3\u30d5\u30a9\u30b7\u30b9(INFY.NS), opens new tab\u3001\u30a6\u30a3\u30d7\u30ed(WIPR.NS), opens new tab\u306a\u3069\u306e\uff29\uff34\u30b5\u30fc\u30d3\u30b9\u4f01\u696d\u306f\u53ce\u5165\u5168\u4f53\u306e\u6700\u5927\uff16\u5272\u3092\u5317\u7c73\u5730\u57df\u3067\u7a3c\u3044\u3067\u3044\u308b\u3002\u307e\u305f\u3001\u7c73\u7d4c\u6e08\u8a8c\u30d5\u30a9\u30fc\u30d6\u30b9\u304c\u767a\u8868\u3059\u308b\u4e16\u754c\u306e\u4e0a\u5834\u4f01\u696d\uff12\uff10\uff10\uff10\u793e\u306e\uff12\u5272\u304c\u30a4\u30f3\u30c9\u306b\u30b0\u30ed\u30fc\u30d0\u30eb\u62e0\u70b9\u3092\u69cb\u3048\u308b\u3002<\/p>\n

\u591a\u304f\u306e\u591a\u56fd\u7c4d\u4f01\u696d\u306f\u8ca1\u52d9\u51e6\u7406\u3084\u9867\u5ba2\u304b\u3089\u306e\u82e6\u60c5\u5bfe\u5fdc\u306a\u3069\u3067\u30a4\u30f3\u30c9\u4eba\u3092\u983c\u308a\u306b\u3057\u3066\u304a\u308a\u3001\u73fe\u5730\u62e0\u70b9\u306b\u306f\u4eba\u5de5\u77e5\u80fd\uff08\uff21\uff29\uff09\u3092\u542b\u3081\u305f\u958b\u767a\u90e8\u9580\u3082\u542b\u307e\u308c\u3066\u3044\u308b\u3068\u306f\u3044\u3048\u3001\u9b45\u529b\u306f\u4f9d\u7136\u3068\u3057\u3066\u6bd4\u8f03\u7684\u4f4e\u3044\u8cc3\u91d1\u3060\u3002<\/p>\n

\u30a4\u30f3\u30c9\u306e\u30b5\u30fc\u30d3\u30b9\u8f38\u51fa\u306f\uff12\uff10\uff10\uff15\uff0d\uff12\uff13\u5e74\u3067\u500d\u5897\u3002\u6628\u5e74\uff13\u6708\u307e\u3067\u306e\u5e74\u5ea6\u3067\u30a4\u30f3\u30c9\u304c\u5f97\u305f\u6d77\u5916\u5411\u3051\u30b5\u30fc\u30d3\u30b9\u53ce\u5165\uff13\uff14\uff11\uff10\u5104\u30c9\u30eb\u306e\u3046\u3061\u3001\u5c11\u306a\u304f\u3068\u3082\uff13\uff10\uff05\uff08\uff11\uff10\uff13\uff10\u5104\u30c9\u30eb\uff09\u306f\u7c73\u56fd\u304b\u3089\u3060\u3063\u305f\u3002\u3053\u308c\u306f\u7c73\u95a2\u7a0e\u5bfe\u8c61\u3068\u306a\u3063\u305f\u30a4\u30f3\u30c9\u88fd\u54c1\u306e\u8f38\u5165\u984d\u306e\uff12\u500d\u306b\u4e0a\u308b\u3002<\/p>\n

\u305f\u3060\u3001\u7c73\u653f\u754c\u304c\u96c7\u7528\u306e\u56fd\u5185\u56de\u5e30\u3092\u71b1\u671b\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u3053\u3046\u3057\u305f\u30a4\u30f3\u30c9\u306e\u53ce\u5165\u30e2\u30c7\u30eb\u304c\u3084\u308a\u7389\u306b\u6319\u304c\u3063\u3066\u3044\u308b\u3002\u305d\u306e\u52d5\u304d\u306e\uff11\u3064\u304c\u3001\u4e0e\u515a\u5171\u548c\u515a\u306e\u4e0a\u9662\u8b70\u54e1\u304c\u63d0\u51fa\u3057\u305f\u96c7\u7528\u79fb\u8ee2\u6291\u5236\u6cd5\u6848\u3001\u3044\u308f\u3086\u308b\u300c\uff28\uff29\uff32\uff25\u6cd5\u6848\u300d\u3067\u3001\u5916\u56fd\u4eba\u52b4\u50cd\u8005\u3084\u6d77\u5916\u4f01\u696d\u306b\u696d\u52d9\u59d4\u8a17\uff08\u30a2\u30a6\u30c8\u30bd\u30fc\u30b7\u30f3\u30b0\uff09\u3059\u308b\u7c73\u4f01\u696d\u306b\uff12\uff15\uff05\u306e\u8ab2\u7a0e\u3092\u3059\u308b\u3053\u3068\u304c\u76db\u308a\u8fbc\u307e\u308c\u305f\u3002<\/p>\n

\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\uff28\uff29\uff32\uff25\u6cd5\u6848\u3092\u652f\u6301\u3059\u308b\u304b\u3069\u3046\u304b\u306f\u4f9d\u7136\u4e0d\u660e\u3067\u3001\u904e\u53bb\u306b\u3082\u4f3c\u305f\u3088\u3046\u306a\u5185\u5bb9\u306e\u6cd5\u6848\u304c\u8b70\u4f1a\u3067\u53ef\u6c7a\u306b\u81f3\u3089\u306a\u304b\u3063\u305f\u3002\u3057\u304b\u3057\u7c73\u653f\u6a29\u304c\u300c\u7c73\u56fd\u7b2c\u4e00\u4e3b\u7fa9\u300d\u3092\u63b2\u3052\u308b\u9650\u308a\u3001\u3053\u306e\u3088\u3046\u306a\u8105\u5a01\u304c\u6d88\u3048\u308b\u3053\u3068\u306f\u306a\u3044\u3002<\/p>\n

\u6570\u5341\u5e74\u306b\u53ca\u3076\u30b5\u30fc\u30d3\u30b9\u96c7\u7528\u306e\u30a2\u30a6\u30c8\u30bd\u30fc\u30b7\u30f3\u30b0\u6163\u884c\u3092\u8ee2\u63db\u3059\u308b\u306e\u306f\u7c21\u5358\u3067\u306f\u306a\u3044\u3002\u7a81\u7136\u5b9f\u884c\u3059\u308c\u3070\u30b0\u30ed\u30fc\u30d0\u30eb\u4f01\u696d\u306f\u4f1a\u8a08\u5831\u544a\u66f8\u985e\u306e\u4f5c\u6210\u3084\u9867\u5ba2\u30b5\u30dd\u30fc\u30c8\u304c\u4e0d\u53ef\u80fd\u306b\u306a\u308b\u3002\u5f90\u3005\u306b\u9032\u3081\u308b\u3068\u3057\u3066\u3082\u4e0d\u5b89\u306f\u5c3d\u304d\u306a\u3044\u3002\u82f1\u8a9e\u304c\u8a71\u305b\u3066\u3055\u307e\u3056\u307e\u306a\u6280\u80fd\u3092\u5099\u3048\u305f\u3053\u308c\u307b\u3069\u591a\u304f\u306e\u52b4\u50cd\u8005\u3092\u30a4\u30f3\u30c9\u4ee5\u5916\u306e\u5834\u6240\u3067\u898b\u3064\u3051\u308b\u3053\u3068\u306f\u3067\u304d\u306a\u3044\u3002<\/p>\n

\u3068\u306f\u3044\u3048\uff21\uff29\u304c\u30d0\u30c3\u30af\u30aa\u30d5\u30a3\u30b9\u306e\u4eba\u54e1\u3092\u6e1b\u3089\u3057\u3066\u3044\u308b\u5c40\u9762\u3060\u3051\u306b\u3001\u30b5\u30fc\u30d3\u30b9\u96c7\u7528\u3078\u306e\u8105\u5a01\u304c\u7d9a\u3051\u3070\u30a4\u30f3\u30c9\u306b\u3068\u3063\u3066\u58ca\u6ec5\u7684\u306a\u72b6\u6cc1\u306b\u306a\u308a\u304b\u306d\u306a\u3044\u3002\u6700\u8fd1\u306e\u30a4\u30f3\u30c9\u7d4c\u6e08\u3092\u5b89\u5b9a\u3055\u305b\u3066\u3044\u308b\u9375\u306f\u3001\u30aa\u30fc\u30d7\u30f3\uff21\uff29\u3084\u30b0\u30fc\u30b0\u30eb(GOOGL.O), opens new tab\u306a\u3069\u304b\u3089\u8cfc\u5165\u3059\u308b\u3088\u308a\u3082\u3001\u591a\u304f\u306e\u30b5\u30fc\u30d3\u30b9\u3092\u8f38\u51fa\u3057\u3066\u304d\u305f\u70b9\u306b\u3042\u308b\u3002\u3053\u308c\u304c\u30a4\u30f3\u30c9\u306e\u7d4c\u5e38\u53ce\u652f\u3068\u8ca1\u653f\u53ce\u652f\u306e\u300c\u53cc\u5b50\u306e\u8d64\u5b57\u300d\u3092\u6291\u5236\u3057\u3066\u304d\u305f\u3002<\/p>\n

\u8d64\u5b57\u6291\u5236\u306e\u304a\u304b\u3052\u3067\u901a\u8ca8\u30eb\u30d4\u30fc\u306f\u6025\u843d\u3092\u514d\u308c\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u8f38\u5165\u30b3\u30b9\u30c8\u304c\u6291\u3048\u3089\u308c\u3066\u56fd\u5185\u306f\u7269\u4fa1\u304c\u843d\u3061\u7740\u304d\u3001\u8ca7\u56f0\u5c64\u652f\u63f4\u306e\u305f\u3081\u306b\u653f\u5e9c\u304c\u501f\u91d1\u3092\u3057\u3066\u652f\u51fa\u3059\u308b\u5fc5\u8981\u3082\u8584\u308c\u308b\u3002\u5916\u56fd\u6295\u8cc7\u5bb6\u304c\u30a4\u30f3\u30c9\u8cc7\u7523\u306b\u8981\u6c42\u3059\u308b\u30ea\u30b9\u30af\u30d7\u30ec\u30df\u30a2\u30e0\u306e\u7e2e\u5c0f\u306b\u3082\u3064\u306a\u304c\u3063\u3066\u3044\u308b\u3002<\/p>\n

\u30a4\u30f3\u30c9\u306f\u53cc\u5b50\u306e\u8d64\u5b57\u304c\u81a8\u3089\u3080\u5c40\u9762\u3067\u3001\u82e6\u5883\u306b\u7f6e\u304b\u308c\u308b\u3002\u4f8b\u3048\u3070\u3001\uff12\uff10\uff11\uff13\u5e74\u306b\u306f\u3001\u7c73\u9023\u90a6\u6e96\u5099\u7406\u4e8b\u4f1a\uff08\uff26\uff32\uff22\uff09 \u306b\u3088\u308b\u50b5\u5238\u8cb7\u3044\u5165\u308c\u306e\u7e2e\u5c0f\u793a\u5506\u306b\u4f34\u3046\u5e02\u5834\u306e\u6df7\u4e71\u3001\u3044\u308f\u3086\u308b\u300c\u30c6\u30fc\u30d1\u30fc\u30fb\u30bf\u30f3\u30c8\u30e9\u30e0\u300d\u304c\u3042\u3063\u305f\u3002\u5f53\u6642\u306f\u5927\u5e45\u306b\u8cc7\u91d1\u304c\u6d41\u51fa\u3057\u3001\u30eb\u30d4\u30fc\u306f\u6025\u843d\u3057\u305f\u3002<\/p>\n

\u30e2\u30c7\u30a3\u6c0f\u306b\u306f\u30c0\u30e1\u30fc\u30b8\u3092\u6253\u3061\u6d88\u3059\u624b\u6bb5\u306f\u3042\u308b\u3002\u653f\u5e9c\u306f\u6b27\u5dde\u9023\u5408\uff08\uff25\uff35\uff09\u3092\u542b\u3081\u305f\u3055\u307e\u3056\u307e\u306a\u76f8\u624b\u3068\u81ea\u7531\u8cbf\u6613\u5354\u5b9a\u3092\u7de0\u7d50\u3059\u308b\u53d6\u308a\u7d44\u307f\u3092\u5f37\u5316\u3057\u3001\u56fd\u5185\u306e\u6d88\u8cbb\u4fc3\u9032\u3084\u5b98\u50da\u4e3b\u7fa9\u6253\u7834\u306e\u305f\u3081\u306e\u6539\u9769\u3082\u63a8\u9032\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u3060\u304c\u3001\u3053\u308c\u3089\u306e\u63aa\u7f6e\u306f\u5931\u308f\u308c\u305f\u5bfe\u7c73\u8f38\u51fa\u3092\u4ee3\u66ff\u3059\u308b\u3001\u3042\u308b\u3044\u306f\u30a4\u30f3\u30c9\u4f01\u696d\u306e\u8db3\u304b\u305b\u3092\u53d6\u308a\u6255\u3046\u3068\u3044\u3046\u610f\u5473\u3067\u306f\u529b\u4e0d\u8db3\u3060\u308d\u3046\u3002<\/p>\n

\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u4ed5\u639b\u3051\u305f\u8cbf\u6613\u6226\u4e89\u306f\u3001\u540c\u6c0f\u304c\u76ee\u7684\u9054\u6210\u306e\u305f\u3081\u306b\u81ea\u56fd\u7d4c\u6e08\u306b\u75db\u307f\u3092\u5f37\u3044\u308b\u306e\u3092\u305f\u3081\u3089\u308f\u306a\u3044\u59ff\u52e2\u3092\u793a\u3057\u3066\u3044\u308b\u3002\u30a4\u30f3\u30c9\u306b\u3068\u3063\u3066\u306e\u30ea\u30b9\u30af\u306f\u3001\u304b\u3064\u3066\u7d4c\u6e08\u306b\u50cd\u3044\u3066\u304d\u305f\u524d\u5411\u304d\u306e\u5faa\u74b0\u304c\u5f8c\u308d\u5411\u304d\u306b\u8ee2\u3058\u3066\u3057\u307e\u3046\u4e8b\u614b\u3060\u3002<\/p>\n

\uff08\u7b46\u8005\u306f\u300cReuters Breakingviews\u300d\u306e\u30b3\u30e9\u30e0\u30cb\u30b9\u30c8\u3067\u3059\u3002\u672c\u30b3\u30e9\u30e0\u306f\u7b46\u8005\u306e\u500b\u4eba\u7684\u898b\u89e3\u306b\u57fa\u3065\u3044\u3066\u66f8\u304b\u308c\u3066\u3044\u307e\u3059\uff09<\/p>\n

\u79c1\u305f\u3061\u306e\u884c\u52d5\u898f\u7bc4\uff1a\u30c8\u30e0\u30bd\u30f3\u30fb\u30ed\u30a4\u30bf\u30fc\u300c\u4fe1\u983c\u306e\u539f\u5247\u300d, opens new tab<\/p>\n

\u7b46\u8005\u306f\u300cReuters Breakingviews\u300d\u306e\u30b3\u30e9\u30e0\u30cb\u30b9\u30c8\u3067\u3059\u3002\u672c\u30b3\u30e9\u30e0\u306f\u7b46\u8005\u306e\u500b\u4eba\u7684\u898b\u89e3\u306b\u57fa\u3065\u3044\u3066\u66f8\u304b\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n

\"Una<\/p>\n

Una Galani is Asia Editor of Reuters Breakingviews, based in Hong Kong, overseeing a team of columnists across the region. She was previously in London, Dubai and Mumbai. Breakingviews is the global financial commentary brand of Reuters delivering agenda-setting insight in real time on the most important events impacting global markets and companies.<\/p>\n

\"Shritama<\/p>\n

Shritama Bose, India columnist, joined Breakingviews in November 2022. She covers the financial sector and related topics from Mumbai. She was earlier a reporter at Financial Express, a top business daily newspaper, tracking the Reserve Bank of India, lenders and fintech companies. She has a bachelor\u2019s degree in English Literature and a postgraduate diploma in journalism.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u3000\u8fd1\u5e74\u306e\u30a4\u30f3\u30c9\u306f\u5168\u3066\u304c\u3046\u307e\u304f\u56de\u3063\u3066\u3044\u305f\u3002\u5199\u771f\u306f\u30e2\u30c7\u30a3\u9996\u76f8\u3002\uff18\u6708\uff12\uff19\u65e5\u3001\u6771\u4eac\u3067\u64ae\u5f71\uff08\uff12\uff10\uff12\uff15\u5e74\u3000\u30ed\u30a4\u30bf\u30fc\/Issei Kato\uff09 [\u30cb\u30e5\u30fc\u30c7\u30ea\u30fc\/\u30e0\u30f3\u30d0\u30a4 \uff11\uff18\u65e5 \u30ed\u30a4\u30bf\u30fc\u3000BREAKINGVIEWS] – \u3000<\/p>\n","protected":false},"author":2,"featured_media":2645680,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[785170],"tags":[762691,762764,763282,14869,762699,762765,762712,654464,52165,763347,764221,762767,254079,790056,763429,763435,763348,222298,764306,762715,534347,762682,766561,766116,762892,762700,763035,763036,20610,77593,589033,762717,135664,69026,33310,762724,763476,763477,763018,765643,762684,762685,22142,785331,764189,234131,763032,762697,763023,762688,763042,764307,764308,238274,496517,762729,763048,766128,762813,763030,763856,764309,763482,110753,157336,763352,764310,764311,764610,763028,640758,170696,762889,104159,762690,762679,99360,48489,705736,89874,396003,763431,763432,763433,763434,9458],"class_list":{"0":"post-2645679","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-india","8":"tag-amers","9":"tag-anlins","10":"tag-arti","11":"tag-asia","12":"tag-asxpac","13":"tag-bact","14":"tag-bisv","15":"tag-biz","16":"tag-bnk","17":"tag-bnks","18":"tag-bnks1","19":"tag-bojj","20":"tag-brv","21":"tag-brvbv","22":"tag-brvf","23":"tag-brvj","24":"tag-bsvc","25":"tag-clm","26":"tag-cmpelc","27":"tag-cmpny","28":"tag-cn","29":"tag-cycs","30":"tag-destnojpzam","31":"tag-destnojpztm","32":"tag-easia","33":"tag-emrg","34":"tag-ener","35":"tag-enff","36":"tag-eng","37":"tag-fes","38":"tag-fin","39":"tag-fins","40":"tag-gen","41":"tag-in","42":"tag-india","43":"tag-invbis","44":"tag-invbr","45":"tag-invbr1","46":"tag-itse","47":"tag-itse1","48":"tag-jfor","49":"tag-jln","50":"tag-job","51":"tag-jptopicbusiness-tech-ai","52":"tag-layofs","53":"tag-mpc","54":"tag-mtgfx","55":"tag-namer","56":"tag-netsv","57":"tag-news1","58":"tag-oilg","59":"tag-phne","60":"tag-phones","61":"tag-pol","62":"tag-potus","63":"tag-publ","64":"tag-refi","65":"tag-refi1","66":"tag-rep","67":"tag-repirefining","68":"tag-ret","69":"tag-rete","70":"tag-sasia","71":"tag-sci","72":"tag-shop","73":"tag-shopal","74":"tag-sofw","75":"tag-spcret","76":"tag-srchen","77":"tag-swit","78":"tag-tax","79":"tag-tech","80":"tag-teeq","81":"tag-tmt","82":"tag-topcmb","83":"tag-topnws","84":"tag-trd","85":"tag-trf","86":"tag-trn","87":"tag-us","88":"tag-wash","89":"tag-xdnp","90":"tag-xpco","91":"tag-xpmf","92":"tag-xrnp","93":"tag-9458"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2645679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/comments?post=2645679"}],"version-history":[{"count":0,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2645679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media\/2645680"}],"wp:attachment":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media?parent=2645679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/categories?post=2645679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/tags?post=2645679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}