Hong Kong's value of total export up 11.9 pct in April

STORY: Hong Kong's value of total export up 11.9 pct in April SHOOTING TIME: File DATELINE: May 28, 2024 LENGTH: 00:00:45 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of ports in Hong Kong STORYLINE: The Census and Statistics Department of the Hong Kong Special Administrative Region (HKSAR) government announced on Monday that in April 2024, the values of Hong Kong's total exports and imports of goods both recorded year-on-year increases, at 11.9 percent and 3.7 percent respectively. In April, the value of total exports of goods was 378.7 billion HK dollars (about 48.5 billion U.S. dollars), and the value of imports of goods was 388.9 billion HK dollars. A visible trade deficit of 10.2 billion HK dollars, equivalent to 2.6 percent of the value of imports of goods, was recorded. A spokesman for the HKSAR government said that the value of merchandise exports grew notably in April 2024 over a year earlier. Looking ahead, Hong Kong's export performance should improve further if externa

China-Germany economic cooperation sees steady, far-reaching progress

STORY: China-Germany economic cooperation sees steady, far-reaching progress SHOOTING TIME: April 13/14, 2024 DATELINE: April 15, 2024 LENGTH: 00:02:18 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of China's development 2. various of German enterprises in China 3. SOUNDBITE 1 (Chinese): XU DAQUAN, Bosch China President 4. SOUNDBITE 2 (English): CHRISTIAN HAUER, Member of management board of Fresenius Kabi and president of Fresenius Kabi MedTech 5. various of German enterprises in China 6. various of China's development STORYLINE: This year marks the 10th anniversary of the China-Germany comprehensive strategic partnership and its bilateral economic cooperation has witnessed steady and far-reaching progress over the past decade. A report from the German Economic Institute shows that the total direct investment by German companies in China reached a record high of 11.9 billion euros (about 12.7 billion U.S. dollars) in 2023, a year-on-year increase of 4.3 percent. The value accounted f

Türkiye's annual Industrial Production Index reaches 2-year high in Feb.

STORY: Türkiye's annual Industrial Production Index reaches 2-year high in Feb. SHOOTING TIME: Earlier footage DATELINE: April 9, 2024 LENGTH: 00:01:20 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of an industrial zone in Türkiye (courtesy of ihlas news agency) 2. various of a factory in Türkiye (courtesy of ihlas news agency) STORYLINE: Türkiye's Industrial Production Index grew by 11.5 percent year-on-year in February, the sharpest growth in the past two years, official data showed on Monday. The data revealed significant increases across key sectors, with the mining and quarrying index rising by 12.8 percent, the manufacturing index by 11.9 percent, and the electricity, gas, steam, and air conditioning supply index by 7.7 percent compared to the same period last year. On a monthly basis, the output increased 3.2 percent in February, the strongest growth since March 2023. When examining specific subsectors, the mining and quarrying index saw a 3.2 percent decrease, while the manufa

Chinese local gov'ts see steady fiscal revenue growth, sending positive signs

STORY: Chinese local gov'ts see steady fiscal revenue growth, sending positive signs DATELINE: June 6, 2023 LENGTH: 00:01:52 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (Chinese): PUAH TZE SHYANG, CEO, CapitaLand Investment (China) 3. SOUNDBITE 2 (English): MAURO DE FELIP, General manager, Ferrero China STORYLINE: According to China's Ministry of Finance, the country's fiscal revenue maintained steady growth momentum in the first four months of this year. From January to April, the fiscal revenue expanded 11.9 percent year on year to nearly 8.32 trillion yuan (about 1.19 trillion U.S. dollars). During the period, the central government collected around 3.76 trillion yuan in fiscal revenue, up 8.6 percent, and local governments collected over 4.56 trillion yuan, surging 14.8 percent. The ministry said that the increase was partly driven by China's continued economic recovery. Foreign business leaders have expressed confidence in the Chinese economy, believing the

Russia's 2022 inflation rate at 11.9 pct: minister

STORY: Russia's 2022 inflation rate at 11.9 pct: minister DATELINE: Jan. 12, 2023 LENGTH: 00:01:37 LOCATION: Moscow CATEGORY: ECONOMY SHOTLIST: 1. various of streets and pedestrians in Moscow STORYLINE: Russia's annual inflation rate was 11.9 percent by the end of 2022, Economic Development Minister Maxim Reshetnikov said Wednesday. "At the end of the year, our inflation was below 12 percent, it was 11.9 percent to be exact," the Kremlin cited Reshetnikov as saying at a meeting with Russian President Vladimir Putin and government members. He also noted that according to forecasts, annual inflation would significantly decrease by the end of the first quarter in 2023, and would drop below 4 percent in the second quarter. Xinhua News Agency correspondents reporting from Moscow. (XHTV)

China's 1st qtr GDP up 11.9% on year

China's 1st qtr GDP up 11.9% on year

BEIJING, China - Laborers carry out construction work at a site in Shanghai in March 2010 ahead of the May 1 opening of the World Expo in the city. The Chinese government said April 15 that the country's economy expanded 11.9 percent in the January to March period from a year earlier.

China's 1st qtr GDP up 11.9% on year

China's 1st qtr GDP up 11.9% on year

BEIJING, China - Chinese consumers look at condominium models during a real estate business event in Beijing on April 9, 2010. The Chinese government said April 15 that the country's economy expanded 11.9 percent in the January to March period from a year earlier.

NTT midterm group net profit slumps 11.9 percent on cost rises

NTT midterm group net profit slumps 11.9 percent on cost rises

TOKYO, Japan - Norio Wada, president of Nippon Telegraph and Telephone Corp., briefs reporters on the company's group earnings report for the April-September period at the NTT head office in Tokyo on Nov. 10.

Energy prices drive up Italian inflation to 11.8 pct in October

STORY: Energy prices drive up Italian inflation to 11.8 pct in October DATELINE: Nov. 18, 2022 LENGTH: 00:00:52 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of gas stations in Italy STORYLINE: Consumer prices in Italy rose by 11.8 percent in October compared to a year earlier, the government's statistics entity reported Wednesday. Energy-related impacts continued to play an oversized role. According to the National Institute of Statistics (ISTAT), the final data for the consumer price index in October is lower than the 11.9-percent estimate released last month. However, it is still a record since Italy's adoption of the euro currency in 1999. The last time prices rose so sharply in one month was in June 1983, when inflation hit 13 percent during a period when Italy was still using the lira currency. In September this year, prices were 8.9 percent higher than a year earlier. Soaring energy prices continue to drive up other prices, ISTAT said, with prices for energy goods increasing

Italy's inflation reaches nearly 40-yr high in October: statistics

STORY: Italy's inflation reaches nearly 40-yr high in October: statistics DATELINE: Nov. 1, 2022 LENGTH: 00:01:31 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of the views in Rome STORYLINE: Prices in Italy jumped by 11.9 percent in October compared to the same month a year ago, the highest in nearly four decades, according to provisional data released by the National Statistics Institute (ISTAT) on Friday. The figure was 3 percentage points above the then-record 8.9-percent of annual inflation in September, and it was the highest since 1983 in Italy. It was also the first time that the country's inflation experienced double digits since Italy's adoption of the euro currency in 1999. The main driver behind the price increase was the rising energy costs sparked by the conflict between Russia and Ukraine. But even the "core" inflation rate -- which excludes energy and food costs given their susceptibility to international market forces -- rose by 5.3 percent in October. Costs for service

Turkey's industrial production beats expectations by expanding 10.8 pct in April

STORY: Turkey's industrial production beats expectations by expanding 10.8 pct in April DATELINE: June 14, 2022 LENGTH: 0:01:15 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1 various of port, factory 2 various of the central bank STORYLINE: Turkey's industrial production expanded by 10.8 percent year on year in April, outperforming the market expectation, the Turkish Statistical Institute announced Monday. When the sub-sectors of the industry are analyzed, the mining and quarrying index increased by 7.4 percent, and the manufacturing industry index rose by 11.9 percent in April. The electricity, gas, steam, and air conditioning production and distribution sector index decreased by 0.4 percent in April compared to the same month of the previous year. Meanwhile, the month-on-month industrial output was stable on a calendar and seasonally adjusted basis. Semi-official Anadolu Agency reported that its "industrial production expectation survey" expected the calendar-adjusted industrial productio

THE NETHERLANDS-THE HAGUE-INFLATION

THE NETHERLANDS-THE HAGUE-INFLATION

(220402) -- THE HAGUE, April 2, 2022 (Xinhua) -- A man fuels a vehicle at a gas station in The Hague, the Netherlands, on April 2, 2022. Inflation in the Netherlands hit 11.9 percent in March, the highest level since the oil crisis in 1975, according to an initial estimate published by the Dutch Central Bureau of Statistics (CBS) on Friday. (Xinhua/Wang Xiangjiang)

THE NETHERLANDS-THE HAGUE-INFLATION

THE NETHERLANDS-THE HAGUE-INFLATION

(220402) -- THE HAGUE, April 2, 2022 (Xinhua) -- Photo taken on April 2, 2022 shows a gas station in The Hague, the Netherlands. Inflation in the Netherlands hit 11.9 percent in March, the highest level since the oil crisis in 1975, according to an initial estimate published by the Dutch Central Bureau of Statistics (CBS) on Friday. (Xinhua/Wang Xiangjiang)

NTT midterm group net profit slumps 11.9 percent on cost rises

NTT midterm group net profit slumps 11.9 percent on cost rises

TOKYO, Japan - Norio Wada, president of Nippon Telegraph and Telephone Corp., briefs reporters on the company's group earnings report for the April-September period at the NTT head office in Tokyo on Nov. 10. (Kyodo)

China's 1st qtr GDP up 11.9% on year

China's 1st qtr GDP up 11.9% on year

BEIJING, China - Chinese consumers look at condominium models during a real estate business event in Beijing on April 9, 2010. The Chinese government said April 15 that the country's economy expanded 11.9 percent in the January to March period from a year earlier. (Kyodo)

China's 1st qtr GDP up 11.9% on year

China's 1st qtr GDP up 11.9% on year

BEIJING, China - Laborers carry out construction work at a site in Shanghai in March 2010 ahead of the May 1 opening of the World Expo in the city. The Chinese government said April 15 that the country's economy expanded 11.9 percent in the January to March period from a year earlier. (Kyodo)