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

Türkiye's tourism revenues reach 41.9 bln USD in Jan.-Sept.

STORY: Türkiye's tourism revenues reach 41.9 bln USD in Jan.-Sept. SHOOTING TIME: Oct. 31, 2023 DATELINE: Nov. 1, 2023 LENGTH: 00:01:21 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of tourists in Antalya Airport (shooting time: Oct. 10, 2023) (courtesy of ihlas news agency) 2. various of tourists in Alanya (shooting time: Oct. 28, 2023) (courtesy of ihlas news agency) 3. various of tourists in Bodrum (shooting time: Oct. 10, 2023) (courtesy of ihlas news agency) 4. various of tourists in Antalya (shooting time: Oct. 30, 2023) (courtesy of ihlas news agency) STORYLINE: Türkiye had earned 41.9 billion U.S. dollars in tourism revenues in the first nine months of this year, the Turkish Statistical Institute said Tuesday. The country received 44.6 million visitors from January to September, registering a 13.2 percent year-on-year increase. Tourism revenues between July and September reached 20.2 billion dollars, a 13.1 percent growth from the third quarter last year. In the same period, nearly 22.4

India sees GDP growth of 7.8 pct in Q2

STORY: India sees GDP growth of 7.8 pct in Q2 DATELINE: Sept. 2, 2023 LENGTH: 00:01:27 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of market area 3. various of wholesale market area 4. various of gas station 5. various of traffic STORYLINE: India's gross domestic product (GDP) during the April-June quarter grew by 7.8 percent, according to the data released by the country's Ministry of Statistics and Program Implementation on Thursday. It was higher than the 6.1-percent GDP growth rate registered during the January-March quarter, but much lower than the 13.1-percent rate recorded in the April-June quarter of the previous year. The figures released on Thursday echoed the country's Finance Minister Nirmala Sitharaman's opinion on the Indian economy's growth. "Till after the new year, you would have enough reasons to believe that the demand situation is going to only go up. So, I expect the next quarter will also do well," the minister was earlier quoted as saying by

Egypt's gross public debt up by 13.1 pct of GDP in FY 2022-23: finance minister

STORY: Egypt's gross public debt up by 13.1 pct of GDP in FY 2022-23: finance minister DATELINE: Aug. 11, 2023 LENGTH: 00:00:50 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Cabinet of Ministers 2. various of Ministry of Finance 3. various of Egypt's Finance Minister Mohamed Maait speaking STORYLINE: Egypt's Finance Minister Mohamed Maait said on Thursday the country's gross public debt, the financial liabilities of the government sector, climbed by 13.1 percent to reach 95.6 percent of the GDP in the fiscal year 2022-2023 that ended in June. In a statement, Maait attributed the rise to "fluctuation in the currency exchange rate and decline of the local currency against the U.S. dollars." "The government targets taking the gross debt down to 80 percent of the GDP in the next four years," Maait was quoted as saying in the statement. It added that despite international unfavorable conditions that have driven up the prices of most strategic commodities due to supply chain disruptions that resul

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

(230801) -- XUZHOU, Aug. 1, 2023 (Xinhua) -- Passengers wait to board trains at Xuzhou East Railway Station in Xuzhou, east China's Jiangsu Province, Aug. 1, 2023. China's railways recorded 406 million passenger trips from July 1 to 31, according to data revealed on Tuesday by China State Railway Group Co., Ltd., the country's railway operator. During this period, daily passenger trips averaged 13.1 million, while 10,169 trains were operating daily, up 14.2 percent compared to the same period in 2019, according to the company. (Xinhua/Mao Jun)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

(230801) -- XUZHOU, Aug. 1, 2023 (Xinhua) -- Passengers wait for trains at the waiting hall of Xuzhou East Railway Station in Xuzhou, east China's Jiangsu Province, Aug. 1, 2023. China's railways recorded 406 million passenger trips from July 1 to 31, according to data revealed on Tuesday by China State Railway Group Co., Ltd., the country's railway operator. During this period, daily passenger trips averaged 13.1 million, while 10,169 trains were operating daily, up 14.2 percent compared to the same period in 2019, according to the company. (Xinhua/Mao Jun)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

(230801) -- XUZHOU, Aug. 1, 2023 (Xinhua) -- A passenger visits an information desk at Xuzhou East Railway Station in Xuzhou, east China's Jiangsu Province, Aug. 1, 2023. China's railways recorded 406 million passenger trips from July 1 to 31, according to data revealed on Tuesday by China State Railway Group Co., Ltd., the country's railway operator. During this period, daily passenger trips averaged 13.1 million, while 10,169 trains were operating daily, up 14.2 percent compared to the same period in 2019, according to the company. (Xinhua/Mao Jun)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

(230801) -- XUZHOU, Aug. 1, 2023 (Xinhua) -- Passengers get on and off a train at Xuzhou East Railway Station in Xuzhou, east China's Jiangsu Province, Aug. 1, 2023. China's railways recorded 406 million passenger trips from July 1 to 31, according to data revealed on Tuesday by China State Railway Group Co., Ltd., the country's railway operator. During this period, daily passenger trips averaged 13.1 million, while 10,169 trains were operating daily, up 14.2 percent compared to the same period in 2019, according to the company. (Xinhua/Mao Jun)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

CHINA-JIANGSU-XUZHOU-RAILWAY PASSENGERS (CN)

(230801) -- XUZHOU, Aug. 1, 2023 (Xinhua) -- Passengers pass through ticket gates at Xuzhou East Railway Station in Xuzhou, east China's Jiangsu Province, Aug. 1, 2023. China's railways recorded 406 million passenger trips from July 1 to 31, according to data revealed on Tuesday by China State Railway Group Co., Ltd., the country's railway operator. During this period, daily passenger trips averaged 13.1 million, while 10,169 trains were operating daily, up 14.2 percent compared to the same period in 2019, according to the company. (Xinhua/Mao Jun)

Gov't punishment sends Aiful's earnings forecast lower

Gov't punishment sends Aiful's earnings forecast lower

TOKYO, Japan - Aiful Corp. President Yoshitaka Fukuda (L) speaks at a press conference in Tokyo on May 16. He said the the consumer finance firm's group net profit fell 13.1 percent in the 2005 business year ended in March as it was hit with a business suspension punishment by the government for illegal lending practices.

Egypt raises interest rates to curb inflation

STORY: Egypt raises interest rates to curb inflation DATELINE: May 20, 2022 LENGTH: 00:00:56 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. Various shots of the Central Bank of Egypt 2. Various shots of a supermarket 3. A shot of people withdrawing money from ATMs STORYLINE: The Central Bank of Egypt (CBE) decided on Thursday to raise its interest rates amid a global wave of inflation and hiking prices. The CBE decided to increase the deposit rate, the lending rate, and the rate of the main operation by 200 basis points, to 11.25 percent, 12.25 percent, and 11.75 percent respectively, the bank's Monetary Policy Committee (MPC) said in a statement following Thursday's meeting. It pointed out that the decision was driven by the global economic slowdown "due to ongoing tensions between Russia and Ukraine." Egypt's annual headline urban inflation increased to 13.1 percent in April, up from 10.5 percent in March, its highest monthly level since May 2019, said the MPC. Already expected by many economists and

Egypt's annual headline inflation continues to rise

STORY: Egypt's annual headline inflation continues to rise DATELINE: May 11, 2022 LENGTH: 00:01:05 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. exterior of the Central Agency for Public Mobilization and Statistics (CAPMAS) 2. various of the Nile River (in Cairo) 3. various of open-air market selling fruits and vegetables 4. various of people doing shopping at a supermarket STORYLINE: Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Tuesday that the country's annual headline inflation rate increased to 14.9 percent in April, up from 12.1 percent in March and 4.4 percent in April 2021, with inflation in urban areas jumping to 13.1 percent. The annual headline inflation measures the total inflation within the economy including volatile commodities such as food and energy. Monthly headline inflation also climbed by 3.7 percent in April, mainly due to the rising prices of food commodities and services, according to the CAPMAS. Inflation has been on the rise in Eg

Gov't punishment sends Aiful's earnings forecast lower

Gov't punishment sends Aiful's earnings forecast lower

TOKYO, Japan - Aiful Corp. President Yoshitaka Fukuda (L) speaks at a press conference in Tokyo on May 16. He said the the consumer finance firm's group net profit fell 13.1 percent in the 2005 business year ended in March as it was hit with a business suspension punishment by the government for illegal lending practices. (Kyodo)