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Death toll from south Brazil's storms reaches 90

STORY: Death toll from south Brazil's storms reaches 90 SHOOTING TIME: May 3-6, 2024 DATELINE: May 8, 2024 LENGTH: 00:03:50 LOCATION: SAO PAULO, Brazil CATEGORY: ENVIRONMENT SHOTLIST: 1. various of Rio Grande do Sul (courtesy of EBC) STORYLINE: Five more people were killed by storms ravaging south Brazil's Rio Grande do Sul state in the last 24 hours, bringing the death toll to 90, the state's civil defense agency said Tuesday. In the state bordering Uruguay and Argentina, record rainfall, flooding and mudslides have left 132 people missing and 361 injured, and forced over 200,000 residents to evacuate from homes over the past eight days. Over 1.4 million people in 388 of the state's 497 towns, including the capital city Porto Alegre, were affected by the disaster, according to the agency. More than 85 percent of the city's population has lost access to potable water, leading authorities to ration the supply. Classes have been suspended statewide, as 790 schools were affected by flooding,

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Support rate for Japan's Kishida cabinet hits fresh low: poll

STORY: Support rate for Japan's Kishida cabinet hits fresh low: poll SHOOTING TIME: Earlier footage DATELINE: April 12, 2024 LENGTH: 00:01:04 LOCATION: Tokyo CATEGORY: POLITICS SHOTLIST: 1. various of Kishida cabinet and prime minister's office of Japan (source: Prime minister's office of Japan) 2. various of the prime minister's office STORYLINE: The support rate for the cabinet led by Japanese Prime Minister Fumio Kishida dropped to 16.6 pct in April, marking a new low for the administration, according to the latest Jiji Press opinion poll. The approval rate dropped by 1.4 percentage points from the previous month, a fresh low for the administration since its launch in October 2021, while the disapproval rate climbed 2.0 percentage points to 59.4 percent, the survey showed Thursday. The reading breached the previous low of 16.9 percent marked in February, sinking to the worst level since the return of the ruling Liberal Democratic Party (LDP) to power in December 2012, Jiji Press said. Punish

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Australians losing billions to rising credit card fraud

STORY: Australians losing billions to rising credit card fraud SHOOTING TIME: March 21, 2024 DATELINE: March 22, 2024 LENGTH: 00:00:33 LOCATION: Canberra CATEGORY: SOCIETY SHOTLIST: 1. various of the ANZ Bank and the Commonwealth Bank 3. various of a mall in Australia STORYLINE: Credit card fraud is on the rise in Australia, with victims losing billions of dollars in 2022-2023, official data has revealed. According to figures released on Wednesday by the Australian Bureau of Statistics (ABS), 1.8 million Australians aged 15 and over were victims of card fraud in the 12 months to the end of June 2023. That figure represented 8.7 percent of the over-15 population, up from 8.1 percent in 2021-22 and 6.9 percent in 2020-21. In total, Australians who experienced card fraud lost 2.2 billion Australian dollars (1.4 billion U.S. dollars) in 2022-23. One-third of victims lost less than 100 Australian dollars, the ABS said, and 17.8 percent lost over 1,000 Australian dollars. The median amount withdr

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Sweden enters recession with GDP shrinking 0.3 pct in Q3

STORY: Sweden enters recession with GDP shrinking 0.3 pct in Q3 SHOOTING TIME: Nov. 29, 2023 DATELINE: Nov. 30, 2023 LENGTH: 00:02:29 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Sweden 2. various of Nordea Bank 3. various of Handelsbanken 4. various of street view of Stockholm STORYLINE: The Swedish economy is in recession following a contraction in the third quarter (Q3), according to official statistics released on Wednesday. The gross domestic product (GDP) decreased by 0.3 percent in Q3 compared with the previous quarter and by 1.4 percent compared with Q3 in 2022, Statistics Sweden said. "GDP decreased for the second consecutive quarter," Jessica Engdahl, head of section at Statistics Sweden's National Accounts Department, said in a press release. The decrease in Q2 was 0.8 percent from Q1 and 1 percent year-on-year, according to revised figures released by Statistics Sweden in August. The Q3 downturn was mainly driven by changes in inventories, particularly decreased

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Italy's UniCredit reports record profits in Q3

STORY: Italy's UniCredit reports record profits in Q3 DATELINE: Oct. 26, 2023 LENGTH: 00:01:07 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of UniCredit in Rome STORYLINE: Italian banking giant UniCredit on Tuesday reported a remarkable 67.7 percent surge in profits for the first three quarters of 2023 compared to the previous year. The bank's net profit for the first nine months reached 6.7 billion euros (7.1 billion U.S. dollars), with the third quarter leading the way with a net profit of 2.3 billion euros, up 36 percent year-on-year, the Milan-based bank said in a press release. While UniCredit exceeded profit expectations and raised revenue forecasts, it maintained its full-year profit guidance at 7.25 billion euros. UniCredit is Italy's second-largest bank only after Banca Intesa Sanpaolo in terms of total assets. UniCredit's shares traded as much as 2.1 percent higher in trading Tuesday, before settling down to a 1.4-percent increase. Despite the surge from UniCredit's

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U.S. retail sales rise 0.7 pct in July

STORY: U.S. retail sales rise 0.7 pct in July DATELINE: Aug. 16, 2023 LENGTH: 00:01:30 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of street views in the U.S. 2. various of convenience stores 3. various of a food truck STORYLINE: U.S. retail sales beat expectations in July, rising 0.7 percent from the previous month, according to data released by the U.S. Commerce Department on Tuesday. Advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were 696.4 billion U.S. dollars, up 3.2 percent year over year. The figures were pushed up from June by a 1.9 percent increase in purchases at online retailers, as well as a 1.5 percent rise in sporting goods. July also saw a 1.4-percent rise in food services and places where people drink. But at the same time, sales in appliance and electronics stores dropped 1.3 percent. Furniture sales slipped 1.8 percent. Retail trade

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World food prices continue to fall in June: FAO

STORY: World food prices continue to fall in June: FAO DATELINE: July 10, 2023 LENGTH: 00:00:56 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of food in a supermarket STORYLINE: The world Food Price Index of the United Nations Food and Agriculture Organization (FAO) continued to fall in June, with the downward trend being driven by a drop in the prices of sugar, vegetable oils, cereals and dairy products, the organization said Friday. The index, which tracks the most globally-traded food commodities, averaged 122.3 points in June, and it is now 23.4 percent below an all-time peak reached in March 2022. In June, the index slipped by 1.4 percent compared to May. Four of its five sub-components dropped in June, while the fifth -- measuring meat prices - stayed almost level compared to May. The prices of grains and cereals, which have the biggest weight in the index, were down 2.1 percent compared to a month earlier, with wheat, corn, rice, barley and sorghum prices all declining compared to May, as

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Economist confident in Spain's economic performance in 2023

STORY: Economist confident in Spain's economic performance in 2023 DATELINE: May 23, 2023 LENGTH: 00:02:14 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. various of goods activity in the Port of Barcelona 2. various of movement of vehicles and people in the center of Barcelona 3. various of activity in companies and industries 4. SOUNDBITE 1 (Spanish): JAVIER DIAZ-GIMENEZ, Professor of economics at IESE Business School 5. various of consumers 6. SOUNDBITE 2 (Spanish): JAVIER DIAZ-GIMENEZ, Professor of economics at IESE Business School 7. various of a bank headquarters in Barcelona 8. SOUNDBITE 3 (Spanish): JAVIER DIAZ-GIMENEZ, Professor of economics at IESE Business School 9. various of financial districts of Barcelona and Madrid STORYLINE: Based on Spain's better-than-expected economic performance in the first quarter, the European Commission has lifted its forecast for Spain's economic growth in 2023 to 1.9 percent from a prediction of 1.4 percent in December. According to the revision, Sp

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Egypt's exports to China up by nearly 21 pct in first 11 months of 2022: CAPMAS

STORY: Egypt's exports to China up by nearly 21 pct in first 11 months of 2022: CAPMAS DATELINE: March 12, 2023 LENGTH: 00:00:35 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Central Agency for Public Mobilisation and Statistics (CAPMAS) 2. various of ships carrying containers passing through a canal STORYLINE: Egypt's Central Agency for Public Mobilisation and Statistics (CAPMAS) said on Saturday the country's exports to China registered 1.7 billion USD in the first 11 months of 2022, compared to 1.4 billion USD in the same period of 2021, marking an increase of 20.8 percent. According to Egypt's state-run Al-Ahram newspaper, the trade exchange between Egypt and China rose by 2.6 percent during the first 11 months of 2022, hitting 14.9 billion USD, compared to 14.5 billion USD during the same period in 2021. Fuel, mineral oil and distillate products, cotton and fruits constitute the top 10 categories of goods shipped from Egypt to China in the first 11 months of 2022, totaling 1.3 bi

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France becomes net electricity exporter again at start of 2023

STORY: France becomes net electricity exporter again at start of 2023 DATELINE: Jan. 17, 2023 LENGTH: 00:01:48 LOCATION: LYON, France CATEGORY: ECONOMY SHOTLIST: 1. various of electricity grid 2. various of an individual electricity meter STORYLINE: France is expected to be an electricity exporter during 2023, even planning various scenarios in the event of a power cut due to a lack of energy. "The risk of cuts this winter seems to be on the decline," said Olivier Veran, spokesperson for the French government, on leaving the Council of Ministers last Wednesday. The net electricity export balance amounts to 1.4 terawatt hours since the beginning of the year according to RTE, the electricity distribution network in France. Electricity and gas consumption has decreased by 9 percent and 10.5 percent, respectively compared to last month, according to the latest data from electricity and gas network operators. Xinhua News Agency correspondents reporting from Lyon, France. (XHTV)

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Nuclear crisis could push Japan growth below IMF forecast

WASHINGTON, United States - Naoyuki Shinohara, International Monetary Fund deputy managing director, speaks in an interview with Kyodo News in Washington on April 16, 2011. He said uncertainty surrounding the nuclear crisis coupled with power supply shortages could drag Japan's economic growth this year beneath the 1.4 percent increase forecast most recently by the IMF.

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Jan.-March GDP grows 1.4% for 8th quarterly expansion

TOKYO, Japan - Heizo Takenaka, state minister in charge of economic and fiscal policy, fields questions from reporters after the Cabinet meeting at the Diet building on May 18. The government announced the same day Japan's economy marked a better-than-expected 1.4 percent growth in real terms in the January-March period, expanding for the eighth straight quarter on steady exports and a pickup in private consumption.

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UK retail sales fall, consumer confidence nears record low

STORY: UK retail sales fall, consumer confidence nears record low DATELINE: Oct. 25, 2022 LENGTH: 00:01:01 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. STANDUP (English): ZHAO XIUZHI, Xinhua correspondent 2. various of UK STORYLINE: STANDUP (English): ZHAO XIUZHI, Xinhua correspondent "Retail sales have been falling, and consumer confidence has hit record low levels in the United Kingdom (UK), due to the country's persistently high inflation rate. Data showed retail sales continued to fall in September after a weak August, and consumers are now buying less than before the pandemic. The volume of retail sales fell in all the main sectors by 1.4 percent in September. Continued price pressures have made British consumers to be more conscious about spending. And also, the market research company GfK has said, its consumer confidence index for the UK in October stood at minus 47. The biggest danger by far is inflation. Pushed up by rising food prices, UK inflation hit 10.1 percent in September, returnin

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Malaysia's unemployment rate remains unchanged in August

STORY: Malaysia's unemployment rate remains unchanged in August DATELINE: Oct. 11, 2022 LENGTH: 00:01:29 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur Twin Towers 2. various of street views 3. various of workers queuing to enter factory STORYLINE: Malaysia's unemployment rate in August remained unchanged at 3.7 percent as compared to July, official data showed Tuesday. The number of unemployed persons sustained its downward trend, falling 1.4 percent to 612,000 persons from 620,700 in July, the Department of Statistics Malaysia (DOSM) said in a statement. Meanwhile, the employed persons remained stable, rising 0.2 percent to 16.02 million persons from 15.98 million persons in July. The employment-to-population ratio, which indicates the ability of an economy to create employment, went up by 0.1 percentage points to 67.1 percent in August. By economic sector, the number of employed persons in the service sector remained on an increasing trend, particularly in food and bev

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Tunisia sets price limits on fresh agricultural products

STORY: Tunisia sets price limits on fresh agricultural products DATELINE: Sept. 6, 2022 LENGTH: 00:01:01 LOCATION: Tunis CATEGORY: ECONOMY SHOTLIST: 1. various of customers buying vegetables in supermarket STORYLINE: Some fresh agricultural products are sold at fixed prices since Monday to curb sharp price rises, according to the Tunisian Commerce Ministry. The ministry imposed price limits on potatoes and onions, with a retail price of 1.4 dinars (0.45 U.S. dollars) per kilogram and 1.2 dinars (0.38 U.S. dollars) respectively. Rising prices have seriously affected the purchasing power of local people. The Tunisian government announced on Monday that the inflation rate in August reached 8.6 percent, a new high this year, while the inflation rate for food was 12 percent. Xinhua News Agency correspondents reporting from Tunis. (XHTV)

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Hong Kong economy logs rebound in Q2 amid challenges: gov't advance estimates

STORY: Hong Kong economy logs rebound in Q2 amid challenges: gov't advance estimates DATELINE: Aug. 2, 2022 LENGTH: 00:02:05 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of general views in Hong Kong STORYLINE: Hong Kong's economy improved in the second quarter with gross domestic product (GDP) increasing 0.9 percent in real terms as compared with the first three months, official advance estimates showed Monday. However, according to the advance estimates, Hong Kong's GDP decreased by 1.4 percent in real terms in the second quarter of 2022 from a year earlier, compared with a decrease of 3.9 percent in the first quarter. Exports of services rose by 1.8 percent in real terms in the second quarter of 2022 over a year earlier, as against the decrease of 2.9 percent in the January-March period, according to data released by the Census and Statistics Department of the Hong Kong Special Administrative Region (HKSAR) government. Imports of services decreased by 0.7 percent in real t

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Thailand's consumer inflation hits 14-year high in June

STORY: Thailand's consumer inflation hits 14-year high in June DATELINE: July 6, 2022 LENGTH: 00:02:44 LOCATION: Bangkok CATEGORY: ECONOMY SHOTLIST: 1. various of port, containers 2. various of Thai Bank, Thai baht (file) 3. various of cutaways of a car factory 4. Thailand supermarket 5. cutaways of Thai railway station 6. cutaways of Thai subway STORYLINE: Thailand's consumer inflation rose to a 14-year high in June, with the central bank under mounting pressure to normalize its monetary policy, official data showed on Tuesday. The consumer price index (CPI), a main gauge of inflation, increased 7.66 percent year on year in June, the highest level since July 2008, according to the Ministry of Commerce. On a monthly basis, the CPI edged up 0.9 percent from May, with the pace of growth moderating from May's 1.4-percent rise. For the first half of 2022, the CPI rose 5.61 percent from a year earlier, according to the ministry. The surge in prices, despite the government's imposing price caps on certain go

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-ECONOMY-FIRST QUARTER-CONTRACTION

(220428) -- WASHINGTON, April 28, 2022 (Xinhua) -- Photo taken on April 28, 2022 shows the Commerce Department building in Washington, D.C., the United States. The U.S. economy shrank at an annual rate of 1.4 percent in the first quarter as effects of the Omicron surge start to show up, the U.S. Commerce Department reported Thursday. (Xinhua/Liu Jie)

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COVID-19 cases rise in New York State

STORY: COVID-19 cases rise in New York State DATELINE: April 5, 2022 LENGTH: 00:02:10 LOCATION: NEW YORK, U.S. CATEGORY: HEALTH SHOTLIST: 1. various of street views in Times Square, New York City 2. various of New York State Governor Kathy Hochul receiving her second booster of COVID-19 vaccine STORYLINE: COVID-19 cases are rebounding in New York State as the BA.2 sub-variant of Omicron contributes to the majority of infections. The 7-day average of COVID-19 cases per 100,000 people increased to 17.8 on Sunday, up from 8.2 three weeks ago, according to the latest data issued by the state's authorities on Monday. Meanwhile, the 7-day average of the positive rate of COVID-19 testing reached 3 percent on Sunday, up from 1.4 percent on March 13. In particular, the Central New York region looks to be a hotspot with the 7-day-average positive rate of COVID-19 testing at 9.64 percent. New York City reported a 2.21 percent of the 7-day average positive rate in COVID-19 testing on Sunday, with that

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- Photo taken on Nov. 9, 2021 shows a view of the south square of the National Exhibition and Convention Center (Shanghai), the main venue for the 4th China International Import Expo (CIIE), in east China's Shanghai. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Wu Huiwo)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- Photo taken on Aug. 31, 2021 shows a venue of the China International Fair for Trade in Services (CIFTIS) at Shougang Park in Beijing, capital of China. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Chen Yehua)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- A staff member sorts cross-border goods at a logistics base in a China (Fujian) pilot free trade zone, southeast China's Fujian Province, June 3, 2021. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Song Weiwei)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- Aerial photo taken on Dec. 5, 2021 shows the sunrise scenery of the Yangpu international container port at Yangpu economic development zone in south China's Hainan Province. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Pu Xiaoxu)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- People visit the 130th session of the China Import and Export Fair, or the Canton Fair, in Guangzhou, south China's Guangdong Province, Oct. 15, 2021. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Liu Dawei)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- Construction machinery and equipment are parked at a comprehensive bonded zone in Manzhouli, north China's Inner Mongolia Autonomous Region, Oct. 12, 2021. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Peng Yuan)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- Aerial photo taken on Dec. 7, 2021 shows vehicles before being loaded onto a freight ship at Yantai Port, east China's Shandong Province. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Photo by Tang Ke/Xinhua)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- Photo taken on April 9, 2021 shows a ceremony marking the opening of a new China-Europe ship route in Tianjin Port, north China's Tianjin. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Zhao Zishuo)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- A China-Europe freight train bound for Duisburg of Germany prepares for departure at Tuanjiecun Station in southwest China's Chongqing, Jan. 1, 2021. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Tang Yi)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- People walk out of the venue of the 18th China-ASEAN Expo in Nanning, capital of south China's Guangxi Zhuang Autonomous Region, Sept. 11, 2021. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Lu Boan)

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CHINA-2021 FOREIGN TRADE-NEW RECORD(CN)

(220114) -- SHANGHAI, Jan. 14, 2022 (Xinhua) -- A Yemeni trader selects tea pots while communicating with his Saudi Arabian client via video link at the Yiwu International Trade Market in Yiwu city of east China's Zhejiang Province, Jan. 14, 2021. China's foreign trade moved up another notch in 2021, exceeding 6 trillion U.S. dollars for the first time, despite the COVID-19 pandemic continuing to weigh on global trade, official data showed Friday.The total trade in goods amounted to 6.05 trillion U.S. dollars, up 1.4 trillion U.S. dollars from a year ago, according to the General Administration of Customs (GAC).The trade volume in yuan terms expanded 21.4 percent year on year to 39.1 trillion yuan, with exports up 21.2 percent to 21.73 trillion yuan and imports up 21.5 percent to 17.37 trillion yuan. (Xinhua/Huang Zongzhi)

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Pandemic leads to Japan land prices falling for 1st time in 6 years

The average price of land in Japan fell for the first time in six years due to declining demand for urban commercial land spurred by the novel coronavirus pandemic, the government said Tuesday. Land in all categories, including residential and industrial, fell 0.5 percent from a year earlier as of Jan. 1., compared with a 1.4 percent rise a year earlier.

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Japan economy shrinks annualized 1.4% in Oct.-Dec.

Economic and Fiscal Policy Minister Nobuteru Ishihara attends a press conference in Tokyo on Feb. 15, 2016, after the government announced that the Japanese economy shrank an annualized 1.4 percent in the October-December period in real terms following an expansion in the previous quarter. Ishihara showed willingness to achieve steady wage growth to recover consumption. (Kyodo) ==Kyodo

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Japan oil distributor Idemitsu to buy 33% stake in rival Showa Shell

Tsuyoshi Kameoka (L), chief executive officer of Showa Shell Sekiyu K.K., and Takashi Tsukioka, chief executive officer of Idemitsu Kosan Co., hold a joint news conference at a hotel in Tokyo on July 30, 2015. They announced that Idemitsu, Japan's second-largest oil distributor, will acquire about a 33 percent stake in Showa Shell Sekiyu from Royal Dutch Shell PLC for around 169 billion yen ($1.4 billion). (Kyodo) ==Kyodo

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Japan oil distributor Idemitsu to buy 33% stake in rival Showa Shell

Tsuyoshi Kameoka (L), chief executive officer of Showa Shell Sekiyu K.K., and Takashi Tsukioka, chief executive officer of Idemitsu Kosan Co., shake hands after a news conference at a hotel in Tokyo on July 30, 2015. They announced that Idemitsu, Japan's second-largest oil distributor, will acquire about a 33 percent stake in Showa Shell Sekiyu from Royal Dutch Shell PLC for around 169 billion yen ($1.4 billion). (Kyodo) ==Kyodo

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Nuclear crisis could push Japan growth below IMF forecast

WASHINGTON, United States - Naoyuki Shinohara, International Monetary Fund deputy managing director, speaks in an interview with Kyodo News in Washington on April 16, 2011. He said uncertainty surrounding the nuclear crisis coupled with power supply shortages could drag Japan's economic growth this year beneath the 1.4 percent increase forecast most recently by the IMF. (Kyodo)

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Tokyo stocks fall sharply on Abe's resignation

A financial data screen in Tokyo shows the Nikkei Stock Average closing down 1.4 percent on Aug. 28, 2020, following media reports on Japanese Prime Minister Shinzo Abe's resignation.

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Tokyo stocks fall sharply on Abe's resignation

A financial data screen in Tokyo shows the Nikkei Stock Average closing down 1.4 percent on Aug. 28, 2020, following media reports on Japanese Prime Minister Shinzo Abe's resignation.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.