Egypt's central bank raises interest rates by 200 bps to ease inflation

STORY: Egypt's central bank raises interest rates by 200 bps to ease inflation SHOOTING TIME: Feb. 1, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:00:54 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of an accountant counting Egyptian banknotes 3. various of a market STORYLINE: The Central Bank of Egypt (CBE) raised its overnight interest rates by 200 basis points (bps) on Thursday over uncertainty surrounding the inflation outlook. The rate hike brings the lending rate to 22.25 percent and the deposit rate to 21.25 percent. "Widespread inflationary pressures remain elevated, continuing to impact pricing and consumption behaviors," the bank said in a statement. Egypt's annual headline and core inflation continued to decelerate, recording 33.7 percent and 34.2 percent in December 2023. However, geopolitical uncertainty and ongoing maritime trade disruptions continue to raise domestic and global inflationary pressures. The meeting came amid the co

Nakashima wins Kissmark Cup women's halfpipe event

Nakashima wins Kissmark Cup women's halfpipe event

SAPPORO, Japan - Turin Olympian Shiho Nakashima is in action during the women's halfpipe event at the Kissmark Cup snowboarding competition at the Makomanai ski course in Sapporo on Jan. 6. Nakashima, who finished ninth at the Turin Olympics in 2006, scored 33.7 points on her first run to win the title.

Malaysia's wholesale, retail trade jumps 33.7 pct in August

STORY: Malaysia's wholesale, retail trade jumps 33.7 pct in August DATELINE: Oct. 13, 2022 LENGTH: 00:01:22 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of general views in Malaysia STORYLINE: Malaysia's wholesale and retail trade sales value surged 33.7 percent to 133.7 billion ringgit (28.56 billion U.S. dollars) in August from a year ago, official data showed on Wednesday. The positive growth was contributed by all sub-sectors, namely motor vehicles which soared 185.3 percent, retail trade that jumped 34.5 percent, and wholesale trade which climbed 16 percent, the Department of Statistics Malaysia said in a statement. In terms of volume index, wholesale and retail trade registered a 27-percent year-on-year increase to 145.6 points. The growth was supported by the increase in motor vehicles which surged 169.6 percent, retail trade that rose 30.1 percent, and wholesale trade which grew 7.4 percent. Xinhua News Agency correspondents reporting from Kuala Lumpur. (XHTV)

Malaysia's wholesale, retail trade sales value up 41 pct on year in July

STORY: Malaysia's wholesale, retail trade sales value up 41 pct on year in July DATELINE: Sept. 12, 2022 LENGTH: 00:01:06 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur Twin Towers 2. various of new cars at car yard 3. various of crowds doing their grocery shopping in supermarket STORYLINE: Malaysia's wholesale and retail trade sales value rose 41 percent year on year to 130.7 billion ringgit (29.02 billion U.S. dollars) in July, official data showed Monday. The positive growth was contributed by all sub-sectors, namely motor vehicles which surged 613.8 percent, retail trade which jumped 37.5 percent, and wholesale trade which grew 20.6 percent, the Department of Statistics Malaysia (DOSM) said in a statement. In terms of volume index, wholesale and retail trade registered a growth of 33.7 percent year-on-year to record 142.5 points. The growth was supported by the increases in motor vehicles (681.6 percent), retail trade (31.6 percent), and wholesale trade (10.8

Nakashima wins Kissmark Cup women's halfpipe event

Nakashima wins Kissmark Cup women's halfpipe event

SAPPORO, Japan - Turin Olympian Shiho Nakashima is in action during the women's halfpipe event at the Kissmark Cup snowboarding competition at the Makomanai ski course in Sapporo on Jan. 6. Nakashima, who finished ninth at the Turin Olympics in 2006, scored 33.7 points on her first run to win the title. (Kyodo)

Mercury reaches 30 C at 180 spots in Japan

Mercury reaches 30 C at 180 spots in Japan

Children play in the water at the seaside of Tokyo's Odaiba area on June 11, 2016, when the mercury reached or exceeded 30 C at 180 observation points in Japan. The highest temperature -- 33.7 C -- was recorded in the central Japan city of Tatebayashi. (Kyodo) ==Kyodo