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Japan PM Kishida

Japanese Prime Minster Fumio Kishida speaks to the press at the premier's office in Tokyo on July 31, 2024, after the Bank of Japan raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent at its policy-setting meeting.

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BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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Japan PM Kishida

Japanese Prime Minster Fumio Kishida speaks to the press at the premier's office in Tokyo on July 31, 2024, after the Bank of Japan raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent at its policy-setting meeting.

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Dollar at 150 yen level

A financial monitor in Tokyo on July 31, 2024, shows the dollar trading in the 150 yen range, down from over 153 yen, after the Bank of Japan's announcement that it will raise its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

E

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

E

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

Customers shop at a supermarket in Hangzhou, East China's Zhejiang province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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China 2024 May CPI

NANJING, CHINA - JUNE 12, 2024 - People shop at a supermarket in Nanjing, East China's Jiangsu province, June 12, 2024. On the same day, the National Bureau of Statistics released data, in May 2024, the national consumer price rose 0.3% year on year, down 0.1% month on month. From January to May, the national consumer price index rose 0.1 percent on average from a year earlier.

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Turkish trade deficit widens in April as imports climb

STORY: Turkish trade deficit widens in April as imports climb SHOOTING DATE: Earlier footage DATELINE: May 31, 2024 LENGTH: 00:01:37 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of an iron products factory in Türkiye (00:00-00:28) (date:29.04.2024) (courtesy of ihlas news agency) 2. various of a bag factory in Türkiye (00:28-01:04) (date:12.03.2024) (courtesy of ihlas news agency) 3. various of Türkiye's Treasury and Finance Minister Mehmet Simsek (01:04-01:09) (date:29.05.2024) (courtesy of ihlas news agency) 4. various of a fruit and vegetable packaging company in Türkiye (01:09-01:37) (date:09.05.2024) (courtesy of ihlas news agency) STORYLINE: Türkiye's trade deficit widened by 12.9 percent year-on-year in April to 9.9 billion U.S. dollars, the Turkish Statistical Institute (TUIK) said on Thursday. Exports edged up 0.1 percent to 19.25 billion dollars, while imports climbed 4.0 percent to 29.17 billion dollars, pushing the exports-to-imports ratio down to 66.1 percent, according to TUIK

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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

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U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST-UPGRADE

(240416) -- WASHINGTON, D.C., April 16, 2024 (Xinhua) -- This photo taken on April 16, 2024 shows the International Monetary Fund headquarters in Washington, D.C., the United States. The International Monetary Fund (IMF) on Tuesday upgraded its forecast of global growth in 2024 to 3.2 percent, 0.1 percentage points higher than its projection in January, according to its newly released World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-IMF-GLOBAL GROWTH FORECAST-UPGRADE

(240416) -- WASHINGTON, D.C., April 16, 2024 (Xinhua) -- Pedestrians walk past the International Monetary Fund headquarters in Washington, D.C., the United States, April 16, 2024. The International Monetary Fund (IMF) on Tuesday upgraded its forecast of global growth in 2024 to 3.2 percent, 0.1 percentage points higher than its projection in January, according to its newly released World Economic Outlook (WEO) report. (Xinhua/Liu Jie)

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#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- People select vegetables at a supermarket in Huaihua, central China's Hunan Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Wu Sandong/Xinhua)

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#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- A consumer selects vegetables at a market in Shijiazhuang, north China's Hebei Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Liang Zidong/Xinhua)

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#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- People select vegetables at a supermarket in Mengzi, southwest China's Yunnan Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Xue Yingying/Xinhua)

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#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- A consumer shops at a supermarket in Shaoyang, central China's Hunan Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Yan Qinlong/Xinhua)

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#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- A consumer shops at a supermarket in Tengzhou, east China's Shandong Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Sun Yang/Xinhua)

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#CHINA-CPI-MARCH-UP (CN)

(240411) -- BEIJING, April 11, 2024 (Xinhua) -- A staff member works at a supermarket in Congjiang County, southwest China's Guizhou Province, April 11, 2024. China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. (Photo by Lu Zhongnan/Xinhua)

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China March CPI

HANGZHOU, CHINA - APRIL 11, 2024 - Customers buy cooked food at a supermarket in Hangzhou, Zhejiang province, China, April 11, 2024. On the same day, data released by the National Bureau of Statistics showed that in March 2024, the national consumer price index rose 0.1 percent year-on-year.