ILEA001121451: Joyu sect leaves AUM to form new organization

Tokyo consumer inflation accelerates in May

STORY: Tokyo consumer inflation accelerates in May SHOOTING TIME: recent footage DATELINE: June 3, 2024 LENGTH: 00:00:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Core inflation in Tokyo continued to rise in May as utility costs expanded, government data showed. The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 1.9 percent in May from a year earlier, accelerating from a 1.6 percent rise in April, according to the internal affairs ministry. Seen as a leading indicator of nationwide trends in Japan, the Tokyo data released on Friday stood below the Bank of Japan's 2-percent target. The acceleration was largely pushed up by utility costs related to renewable energy promotion, as electricity bills increased for the first time in 16 months by rising 13.1 percent year on year. Meanwhile, prices of food excluding fresh items rose 3.2 percent, unchanged from the previous month. Xinhua News Agency correspondent

Tokyo stocks close mixed on rising interest rates, positive U.S. futures

STORY: Tokyo stocks close mixed on rising interest rates, positive U.S. futures SHOOTING TIME: May 28, 2024 DATELINE: May 29, 2024 LENGTH: 00:01:51 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo 2. various of Tokyo Stock Exchange 3. various of securities company STORYLINE: Tokyo stocks closed mixed on Tuesday amid concerns over rising long-term interest rates in Japan, while the market's downside was buoyed by positive U.S. stock futures. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 44.65 points, or 0.11 percent, from Monday at 38,855.37. The broader Topix index, meanwhile, finished 2.14 points, or 0.08 percent, higher at 2,768.50. Market watchers here noted the yield on the benchmark 10-year Japanese government bond briefly rose 0.015 percentage point from Monday's close to 1.035 percent, its highest level since April 2012, amid speculation that the Bank of Japan is shifting away from monetary easing measures. The Nikk

Xinhua Headlines: Sports enliven life in Xinjiang, kindling dreams

(240527) --BEIJING, May 27, 2024 (Xinhua) -- Behram Abduweli (R) of China vies with Hirakawa Yu of Japan during the Group B football match between China and Japan of AFC U23 Asian Cup Qatar 2024 at Jassim Bin Hamad Stadium in Doha, Qatar, on April 16, 2024. (Photo by Nikku/Xinhua)

Japan's economy contracts annualized 2 pct in January-March

STORY: Japan's economy contracts annualized 2 pct in January-March SHOOTING TIME: April 30 & May 4, 2024 DATELINE: May 16, 2024 LENGTH: 00:02:42 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo 2. various of banks in Tokyo STORYLINE: Japan's economy shrank by an annualized 2.0 percent in the January-March period from the prior quarter, marking the first contraction in two quarters amid sluggish consumer spending, the latest GDP figures showed Thursday. Real gross domestic product (GDP) in this year's first quarter, adjusted for inflation, fell 0.5 percent from the previous quarter, according to preliminary data released by the Cabinet Office. Private consumption, which accounts for more than half of Japan's GDP, dropped 0.7 percent. It was the fourth straight quarter of decline, the longest streak since 2009, underscoring sluggish domestic demand. Capital spending fell 0.8 percent, down for the first time in two quarters, as Japanese firms curbed investment in mach

CHINA-BEIJING-ISO TECHNICAL COMMITTEE-CULTURAL HERITAGE PROTECTION-INAUGURATION (CN)

(240513) -- BEIJING, May 13, 2024 (Xinhua) -- Guests pose for a group photo during the inaugural meeting of the technical committee on cultural heritage protection of the International Organization for Standardization (ISO) at the Palace Museum in Beijing, capital of China, May 13, 2024. Proposed by China and officially approved in March 2024, the committee is the first technical committee established by the ISO in the field of global cultural heritage protection since its inception. The secretariat of the committee has been set up at the Palace Museum. (Xinhua/Jin Liangkuai)

Bank of Japan cuts purchases of Japanese government bonds

STORY: Bank of Japan cuts purchases of Japanese government bonds SHOOTING TIME: April 30, 2024 DATELINE: May 14, 2024 LENGTH: 00:01:44 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of banks in Tokyo STORYLINE: The Bank of Japan (BOJ) on Monday announced a reduction of the amount of Japanese government bonds it offered to buy in a regular purchase operation. The central bank offered to buy 425 billion yen (about 2.73 billion U.S. dollars) in Japanese government bonds with five to 10 years left to maturity, down 50 billion yen from the previous such operation. The benchmark yield on the 10-year Japanese government bond subsequently climbed to a six-month high of 0.935 percent at one point. The reduction was the first since the BOJ in March adjusted its massive monetary easing, including ending its negative interest rate policy. Some market participants saw the move as the BOJ's latest effort to counter the weakening yen. BOJ Governor Kazuo Ueda has said r

Toyota logs record net profit in fiscal 2023

STORY: Toyota logs record net profit in fiscal 2023 SHOOTING TIME: May 8, 2024 DATELINE: May 9, 2024 LENGTH: 00:00:56 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of a press conference held by Toyota Motor Corp. STORYLINE: Toyota Motor Corp. said Wednesday it saw a record net profit of 4.94 trillion yen (31.82 billion U.S. dollars) for the fiscal year of 2023, citing robust demand and the yen's depreciation. The figure doubled from the previous fiscal year, while the operating profit almost doubled from a year earlier to 5.35 trillion yen during the fiscal period from April 2023 to March 2024, the company said in its latest financial results. According to local media reports, Toyota became the first Japanese company to top the 5-trillion-yen mark in operating profit for fiscal 2023. The Japanese automaker reported a record 45.1 trillion yen in sales, up 21.4 percent from a year ago. Citing the popularity of hybrid cars, the company said its group vehicle sales, including those of its subsidia

Japan's child population hits record low, down for 43rd straight year

STORY: Japan's child population hits record low, down for 43rd straight year SHOOTING TIME: May 3, 2024 and archives DATELINE: May 6, 2024 LENGTH: 00:01:22 LOCATION: Tokyo CATEGORY: SOCIETY SHOTLIST: 1. various of children in Tokyo STORYLINE: Japan's estimated child population as of April 1 stood at 14.01 million, marking a fall for the 43rd straight year, government data showed. The number of children aged 14 or younger, including foreigners, dropped 330,000 from a year before to hit its record low since comparable data became available in 1950, according to data released by the Ministry of Internal Affairs and Communications on Saturday. The ratio of children to the country's total population fell 0.2 percentage point to 11.3 percent, also the lowest level since 1950, declining for 50 years in a row. By gender, the population of boys came to 7.18 million compared with 6.83 million girls. By age, 3.17 million children were in the 12 to 14 age group, while 2.35 million were in the 0 to 2 age group, sug

CHINA-XINJIANG-TAJIK TRAIN CONDUCTOR (CN)

(240502) -- URUMQI, May 2, 2024 (Xinhua) -- This combo photo shows Airkir Duliki (4th L, back) posing for a group photo with colleagues on April 22, 2024 (above), and Airkir Duliki (7th L, front) posing for a group photo with family members on March 22, 2024. Airkir Duliki, the 27-year-old ethnic Tajik train conductor, was born and raised amidst the snow-capped mountains and grasslands in a village of Taxkorgan Tajik Autonomous County on the Pamir Plateau, where railways were not common for residents in the past. Airkir's initial experience with train travel occurred when she journeyed to Urumqi for university in Xinjiang. Accompanied by her father, she traversed over 300 kilometers of mountainous terrain from their village to reach the nearest Kashgar train station. Inspired by the first train journey, Airkir pursued a career in the railway sector after graduating from university in 2019. Since then, she has served as a train attendant on routes, linking Kashgar of northwest China's Xinjiang Uygur Auton

Bank of Japan keeps interest rate unchanged, yen sinks below 156

STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

Joyu sect leaves AUM to form new organization

TOKYO, Japan - Fumihiro Joyu speaks at a news conference in Tokyo on March 8 about his group's defection from the doomsday cult AUM, now calling itself Aleph, to set up a new organization around April or May.

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