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

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

Japan's real wages shrink for 23rd straight month

STORY: Japan's real wages shrink for 23rd straight month SHOOTING TIME: file DATELINE: April 9, 2024 LENGTH: 00:00:41 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo 2. various of supermarkets in Tokyo 3. various of street views in Tokyo STORYLINE: Japan's average monthly wages in inflation-adjusted terms logged the 23rd straight month of decline in February as price increases continued to outpace nominal earnings growth, official data showed on Monday. Inflation-adjusted real wages, a barometer of consumer purchasing power, fell 1.3 percent from the same month last year, according to the Ministry of Health, Labor and Welfare. Nominal monthly earnings, including base pay and overtime, rose 1.8 percent from a year ago to reach 282,265 yen (about 1,859.8 U.S. dollars). Regular pay including basic salary in February went up 2.0 percent year on year, while overtime pay, a gauge of business activity, went down 1.0 percent. Meanwhile, the consumer price index exclu

Japan projects 2.0% growth in FY 2008

Japan projects 2.0% growth in FY 2008

TOKYO, Japan - Prime Minister Yasuo Fukuda (C) addresses a Cabinet meeting on economic policy on Dec. 19. To his left is economic and fiscal policy minister Hiroko Ota. Japan's economy is projected to grow a real 2.0 percent in fiscal 2008, bolstered by solid domestic demand with capital investment picking up, the government said in a report Dec. 19.

GERMANY-FRANKFURT-GDP

GERMANY-FRANKFURT-GDP

(220115) -- FRANKFURT, Jan. 15, 2022 (Xinhua) -- People wait to get COVID-19 tests outside a mobile testing vehicle in Frankfurt, Germany, Jan. 15, 2022. Germany's gross domestic product (GDP) rose by 2.7 percent in 2021 compared with the previous year but was down 2.0 percent from the pre-COVID-19 crisis year 2019, the Federal Statistical Office (Destatis) said on Friday. (Xinhua/Lu Yang)

GERMANY-FRANKFURT-GDP

GERMANY-FRANKFURT-GDP

(220115) -- FRANKFURT, Jan. 15, 2022 (Xinhua) -- A pedestrian walks past shopwindows of a shopping mall in Frankfurt, Germany, Jan. 15, 2022. Germany's gross domestic product (GDP) rose by 2.7 percent in 2021 compared with the previous year but was down 2.0 percent from the pre-COVID-19 crisis year 2019, the Federal Statistical Office (Destatis) said on Friday. (Xinhua/Lu Yang)

GERMANY-FRANKFURT-GDP

GERMANY-FRANKFURT-GDP

(220115) -- FRANKFURT, Jan. 15, 2022 (Xinhua) -- People visit a book store which is closing down in Frankfurt, Germany, Jan. 15, 2022. Germany's gross domestic product (GDP) rose by 2.7 percent in 2021 compared with the previous year but was down 2.0 percent from the pre-COVID-19 crisis year 2019, the Federal Statistical Office (Destatis) said on Friday. (Xinhua/Lu Yang)

GERMANY-FRANKFURT-GDP

GERMANY-FRANKFURT-GDP

(220115) -- FRANKFURT, Jan. 15, 2022 (Xinhua) -- Pedestrians are seen in front of the Alte Oper in Frankfurt, Germany, Jan. 15, 2022. Germany's gross domestic product (GDP) rose by 2.7 percent in 2021 compared with the previous year but was down 2.0 percent from the pre-COVID-19 crisis year 2019, the Federal Statistical Office (Destatis) said on Friday. (Xinhua/Lu Yang)

GERMANY-FRANKFURT-GDP

GERMANY-FRANKFURT-GDP

(220115) -- FRANKFURT, Jan. 15, 2022 (Xinhua) -- A sign reminding people to wear face masks is seen in Frankfurt, Germany, on Jan. 15, 2022. Germany's gross domestic product (GDP) rose by 2.7 percent in 2021 compared with the previous year but was down 2.0 percent from the pre-COVID-19 crisis year 2019, the Federal Statistical Office (Destatis) said on Friday. (Xinhua/Lu Yang)

GERMANY-FRANKFURT-GDP

GERMANY-FRANKFURT-GDP

(220115) -- FRANKFURT, Jan. 15, 2022 (Xinhua) -- Pedestrians walk past shopwindows of a shopping mall in Frankfurt, Germany, Jan. 15, 2022. Germany's gross domestic product (GDP) rose by 2.7 percent in 2021 compared with the previous year but was down 2.0 percent from the pre-COVID-19 crisis year 2019, the Federal Statistical Office (Destatis) said on Friday. (Xinhua/Lu Yang)

Japan projects 2.0% growth in FY 2008

Japan projects 2.0% growth in FY 2008

TOKYO, Japan - Prime Minister Yasuo Fukuda (C) addresses a Cabinet meeting on economic policy on Dec. 19. To his left is economic and fiscal policy minister Hiroko Ota. Japan's economy is projected to grow a real 2.0 percent in fiscal 2008, bolstered by solid domestic demand with capital investment picking up, the government said in a report Dec. 19. (Kyodo)