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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - JUNE 12, 2024 - Consumers shop at a supermarket in Qingzhou, East China's Shandong province, June 12, 2024. China's total retail sales of consumer goods rose 3.7 percent year on year to 3,921.1 billion yuan in May 2024, according to data released by the National Bureau of Statistics on June 17. From January to May, the total retail sales of consumer goods nationwide reached 19,523.7 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Daily Life in Qingzhou

QINGZHOU, CHINA - MAY 11, 2024 - Customers shop at a supermarket in Qingzhou, East China's Shandong province, May 11, 2024. On May 17, the National Bureau of Statistics released data, the total retail sales of social consumer goods in China in April 3,569.9 billion yuan, a year-on-year increase of 2.3%. From January to April, the total retail sales of consumer goods nationwide reached 15,602.6 billion yuan, an increase of 4.1 percent year-on-year.

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Australian unemployment rate rises to 4.1 pct

STORY: Australian unemployment rate rises to 4.1 pct SHOOTING TIME: May 15, 2024 DATELINE: May 17, 2024 LENGTH: 00:01:14 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of ABS House 2. various of Canberra employees STORYLINE: Australia's unemployment rate rose for a second straight month to 4.1 percent in April. According to official figures released by the Australian Bureau of Statistics (ABS) on Thursday, the unemployment rate rose from 3.9 percent in March to 4.1 percent in April -- the equal-highest rate since January 2022. The rise in the unemployment rate came despite the number of employed Australians increasing by 38,500 people between March and April, with a 44,600 rise in part-time positions partially offset by a 6,100 fall in full-time roles. In the same period, the number of unemployed people -- meaning those who are not employed but are actively looking for work -- rose by 30,300 to 604,200. The participation rate, which measures the proportion of the working-age popu

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Türkiye's foreign trade deficit decreases by 12 pct in March

STORY: Türkiye's foreign trade deficit decreases by 12 pct in March SHOOTING TIME: Earlier footage DATELINE: May 1, 2024 LENGTH: 00:01:22 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of containers at port in Türkiye (courtesy of ihlas news agency) (date:14.04.2024) 2. various of U.S. dollar (date:13.11.2023) 3. various of the trucks carrying goods at a customs gate in Türkiye (courtesy of ihlas news agency) (date:10.04.2024) STORYLINE: Türkiye's foreign trade deficit declined by 12.4 percent in March from a year ago to 7.3 billion U.S. dollars, according to official data announced on Tuesday. In the January-March period, the foreign trade deficit decreased by 41.5 percent from 34.79 billion dollars to 20.34 billion dollars, the figures of the Turkish Statistical Institute showed. The country's exports decreased by 4.1 percent to 22.57 billion dollars in March compared to the same month last year, while imports decreased by 6.3 percent to 29.9 billion dollars. The improvement in the a

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Australian inflation rate slows to 3.6 pct

STORY: Australian inflation rate slows to 3.6 pct SHOOTING TIME: April 26, 2024 DATELINE: April 28, 2024 LENGTH: 0:02:07 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of a supermarket 2. various of street views in Australia STORYLINE: Australia's annual rate of inflation has fallen to 3.6 percent, according to official figures published by the Australian Bureau of Statistics (ABS) on Wednesday. The figure showed that the consumer price index (CPI) rose by 1.0 percent in the first three months of 2024 and 3.6 percent in the 12 months to the end of March. It marks a fall from a 4.1 percent rise in the CPI in the 12-month period to the end of December 2023. The ABS identified rising costs of education, health, housing, food and non-alcoholic beverages as the most significant drivers of inflation in the first quarter of 2024. Housing prices were 0.7 percent higher at the end of March than at the start of 2024 and 4.9 percent higher than 12 months earlier. Education costs rose 5.

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Inflation in Sweden slows down in March

STORY: Inflation in Sweden slows down in March SHOOTING TIME: April 12, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:30 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Sweden (SCB) 2. various of supermarkets 3. various of Stockholm's streets STORYLINE: Inflation in Sweden slowed from 4.5 percent in February to 4.1 percent in March, Statistics Sweden (SCB) said on Friday. Mikael Nordin, a statistician at SCB, said that the cost of certain goods had decreased from the same period last year. SCB said that inflation, measured as the Consumer Price Index (CPI), was mainly driven by mortgage costs rising by 39.3 percent for apartment owners. Meanwhile, tenants paid 5 percent higher rents for their apartments than a year earlier. However, increasing housing costs were offset by cheaper diesel and electricity -- down by 17.5 percent and 9.1 percent respectively year-on-year, SCB said. Besides increased lending costs due to the Swedish central bank raising the benchmark interest rate f

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Australian inflation falls to 2-year low

STORY: Australian inflation falls to 2-year low SHOOTING TIME: Feb. 2, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:01:10 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of Australians shopping at supermarkets STORYLINE: Australia's rate of inflation fell to its lowest level in over two years at the end of 2023, official figures have revealed. According to data published by the Australian Bureau of Statistics (ABS) this week, the consumer price index (CPI) - Australia's headline measure of inflation - rose by 0.6 percent in the fourth quarter of 2023 spanning from the start of October to the end of December - half the 1.2 percent rise in the previous three-month period. It marks the lowest quarterly CPI rise since the first quarter of 2021. In the 12 months to the end of December, the CPI rose by 4.1 percent, the ABS said, down from a peak annual rise of 7.8 percent in the year to December 2022. The Australian Broadcasting Corporation (ABC) reported on Thursday that economists had forec

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CHINA-SHANDONG-RIZHAO-PORT (CN)

(240111) -- JINAN, Jan. 11, 2024 (Xinhua) -- A drone photo taken on Jan. 10, 2024 shows the container terminal of Rizhao Port in Rizhao, east China's Shandong Province. In 2023, the cargo throughput at Rizhao Port has surpassed 522 million tonnes, up 4.1 percent year on year; and the container throughput has surpassed 6.26 million twenty-foot equivalent unit (TEU) containers of goods, up 7.9 percent year on year, according to Rizhao Port authorities. (Xinhua/Guo Xulei)

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CHINA-SHANDONG-RIZHAO-PORT (CN)

(240111) -- JINAN, Jan. 11, 2024 (Xinhua) -- A drone photo taken on Jan. 10, 2024 shows the container terminal of Rizhao Port in Rizhao, east China's Shandong Province. In 2023, the cargo throughput at Rizhao Port has surpassed 522 million tonnes, up 4.1 percent year on year; and the container throughput has surpassed 6.26 million twenty-foot equivalent unit (TEU) containers of goods, up 7.9 percent year on year, according to Rizhao Port authorities. (Xinhua/Guo Xulei)

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CHINA-SHANDONG-RIZHAO-PORT (CN)

(240111) -- JINAN, Jan. 11, 2024 (Xinhua) -- A drone photo taken on Jan. 10, 2024 shows the container terminal of Rizhao Port in Rizhao, east China's Shandong Province. In 2023, the cargo throughput at Rizhao Port has surpassed 522 million tonnes, up 4.1 percent year on year; and the container throughput has surpassed 6.26 million twenty-foot equivalent unit (TEU) containers of goods, up 7.9 percent year on year, according to Rizhao Port authorities. (Xinhua/Guo Xulei)

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CHINA-SHANDONG-RIZHAO-PORT (CN)

(240111) -- JINAN, Jan. 11, 2024 (Xinhua) -- A drone photo taken on Jan. 10, 2024 shows the container terminal of Rizhao Port in Rizhao, east China's Shandong Province. In 2023, the cargo throughput at Rizhao Port has surpassed 522 million tonnes, up 4.1 percent year on year; and the container throughput has surpassed 6.26 million twenty-foot equivalent unit (TEU) containers of goods, up 7.9 percent year on year, according to Rizhao Port authorities. (Xinhua/Guo Xulei)

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CHINA-SHANDONG-RIZHAO-PORT (CN)

(240111) -- JINAN, Jan. 11, 2024 (Xinhua) -- A drone photo taken on Jan. 10, 2024 shows the container terminal of Rizhao Port in Rizhao, east China's Shandong Province. In 2023, the cargo throughput at Rizhao Port has surpassed 522 million tonnes, up 4.1 percent year on year; and the container throughput has surpassed 6.26 million twenty-foot equivalent unit (TEU) containers of goods, up 7.9 percent year on year, according to Rizhao Port authorities. (Xinhua/Guo Xulei)

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Turkish economy's total turnover up 4.1 percent in October

STORY: Turkish economy's total turnover up 4.1 percent in October SHOOTING TIME: Dec. 7, 2023 DATELINE: Dec. 14, 2023 LENGTH: 00:01:15 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Lira (shooting time: Nov. 30) 2. various of shipping trade in Türkiye (shooting time: Aug. 1) 3. various of Turkish Lira (shooting time: Nov. 30) 4. various of construction site in Türkiye (shooting time: Nov. 25) 5. various of a factory in Türkiye (shooting time: May 31) 6. various of Turkish Lira (shooting time: Nov. 30) 7. various of a textile factory in Türkiye (shooting time: Dec. 7) STORYLINE: The Turkish economy's total turnover gained 4.1 percent month-on-month in October, according to official data on Wednesday. The total turnover index of the industry, construction, trade and service sectors in Türkiye increased by 65.3 percent annually in October this year, the Turkish Statistical Institute said. When looking at the details of the total turnover, in October 2023, the annual industrial sector t

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U.S. CPI rises 3.7 pct in September with core CPI accelerating

STORY: U.S. CPI rises 3.7 pct in September with core CPI accelerating DATELINE: Oct. 13, 2023 LENGTH: 00:01:38 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of U.S. Department of Labor 2. various of Arlington, the U.S. state of Virginia 3. various of San Francisco, the U.S. state of California STORYLINE: The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. The Consumer Price Index (CPI) ticked up 0.4 percent in September on a seasonally adjusted basis after increasing 0.6 percent in August, according to the department's Bureau of Labor Statistics. The index for shelter was the largest contributor to the monthly all items increase, accounting for over half of the increase, the report noted. An increase in the gasoline index was also a major contributor to the all items monthly rise. The latest inflation report showed th

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- A customer shops at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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U.S.-CPI-SEPTEMBER-RISE

(231012) -- FOSTER CITY, Oct. 12, 2023 (Xinhua) -- Customers shop at a supermarket in Foster City, California, the United States, on Oct. 12, 2023. The U.S. Labor Department reported Thursday that the country's consumer inflation in September rose 3.7 percent from a year ago, while core inflation, excluding food and energy, increased 4.1 percent. (Photo by Li Jianguo/Xinhua)

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Australia's interest rate unchanged at 4.1 pct for 3rd month

STORY: Australia's interest rate unchanged at 4.1 pct for 3rd month DATELINE: Sept. 6, 2023 LENGTH: 00:00:59 LOCATION: SYDNEY, Australia CATEGORY: ECONOMY SHOTLIST: 1. various of Reserve Bank of Australia (RBA) 2. various of estate industry of Australia STORYLINE: The Reserve Bank of Australia (RBA) decided on Tuesday to leave the cash rate target unchanged at 4.1 percent, with the interest rate paid on Exchange Settlement balances staying at 4.00 percent. This marked the third straight month that RBA put the interest rate on hold from July. Wrapping up a monetary policy meeting, RBA Governor Philip Lowe noted in a statement that interest rates have been increased by 4 percentage points since May last year. "The higher interest rates are working to establish a more sustainable balance between supply and demand in the economy and will continue to do so. In light of this and the uncertainty surrounding the economic outlook, the Board again decided to hold interest rates steady this month," said Lowe. The

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AUSTRALIA-SYDNEY-ECONOMY-CASH RATE

(230704) -- SYDNEY, July 4, 2023 (Xinhua) -- This photo taken on July 4, 2023 shows the entrance to an office of the Reserve Bank of Australia in Sydney, Australia. The Reserve Bank of Australia (RBA), Australia's central bank, kept the cash rate unchanged at 4.1 percent on Tuesday. But it warned that further tightening policy may be required to ensure inflation returns to the 2-3 percent target range in a reasonable timeframe. (Photo by Hu Jingchen/Xinhua)

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AUSTRALIA-SYDNEY-ECONOMY-CASH RATE

(230704) -- SYDNEY, July 4, 2023 (Xinhua) -- People walk past an office of a commercial bank in Sydney, Australia, on July 4, 2023. The Reserve Bank of Australia (RBA), Australia's central bank, kept the cash rate unchanged at 4.1 percent on Tuesday. But it warned that further tightening policy may be required to ensure inflation returns to the 2-3 percent target range in a reasonable timeframe. (Photo by Hu Jingchen/Xinhua)

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Malaysia witnesses more domestic visitors in Q1

STORY: Malaysia witnesses more domestic visitors in Q1 DATELINE: June 28, 2023 LENGTH: 00:02:54 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of tourists at the Porta De Santiago in Malacca 2. various of tourists visiting the Stadthuys in the heart of Malacca City 3. various of the Malacca River and tourists enjoying a cruise ride in Malacca 4. various of Pulau Lang Tengah, Terengganu 5. various of Langkawi, Kedah STORYLINE: The number of Malaysia's domestic tourists rose 33.7 percent year-on-year to 48.6 million in the first quarter of 2023, official data showed Monday. The Department of Statistics Malaysia (DOSM) said in a statement that for quarter-on-quarter comparison, the number of domestic visitors increased by 3.9 percent as compared to the fourth quarter of 2022. Meanwhile, domestic tourism expenditure for the first quarter stood at 19.2 billion ringgit (4.1 billion U.S. dollars), jumped 47 percent year-on-year, and rose 4.6 percent quarter-on-quarter. DOSM data also showed that

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Spanish economist on latest heavy drop in inflation

STORY: Spanish economist on latest heavy drop in inflation DATELINE: June 13, 2023 LENGTH: 0:00:51 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1-3 (Catalan): MONTSERRAT GUILLEN, Professor of Economics at Barcelona University STORYLINE: The most recent figures from Spain's National Institute of Statistics showed that Spain's inflation fell to 3.2 percent in May from 4.1 percent in April, the lowest for two years. "Right now there's a lot of uncertainty but we have come to accept this uncertainty as natural," Montserrat Guillen, professor of economics at Barcelona University, made the remarks during an interview with Xinhua. SOUNDBITE 1 (Catalan): MONTSERRAT GUILLEN, Professor of economics at Barcelona University "Right now there's a lot of uncertainty but we have come to accept this uncertainty as natural. The Ukraine conflict no longer surprises anyone. In society, there's a feeling that we're in a crisis but because we know about it, it's an uncertainty that we have come to accep

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Japan books 13.6 bln USD current account surplus in April

STORY: Japan books 13.6 bln USD current account surplus in April DATELINE: June 8, 2023 LENGTH: 00:00:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of ports in Japan 2. various of city views in Japan STORYLINE: Japan logged a current account surplus of 1.9 trillion yen (13.6 billion U.S. dollars) in April, said a government report on Thursday. According to the Finance Ministry's preliminary information, the figure, in the black for the third consecutive month, was 76.3 percent higher than in the same period last year. According to the ministry, the country saw a goods trade deficit of 113.1 billion yen and a services trade deficit of 646.5 billion yen in the recording period. Imports decreased by 4.1 percent while exports expanded 2.6 percent year on year, the preliminary data showed. The report also said that the primary income, which reflects returns on overseas investments, booked a surplus of 3.07 trillion yen. (1 U.S. dollar equals 139.94 Japanese yen) Xinhua News Agency

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Australian central bank lifts cash rate to 4.1 pct as high inflation bites

STORY: Australian central bank lifts cash rate to 4.1 pct as high inflation bites DATELINE: June 7, 2023 LENGTH: 00:01:15 LOCATION: SYDNEY, Australia CATEGORY: ECONOMY SHOTLIST: 1. various of the Reserve Bank of Australia 2. various of street views in Sydney, Australia 3. various of supermarket views in Sydney, Australia 4. various of banks in Sydney, Australia 5. various of the Reserve Bank of Australia STORYLINE: The Reserve Bank of Australia (RBA) on Tuesday decided to increase the cash rate target by 25 basis points to 4.10 percent, with the interest rate paid on Exchange Settlement balances also up by 25 basis points to 4 percent. This marked the fourth rate hike so far this year and also the 12th jump since the central bank started tightening the monetary policy from a record low of 0.1 percent in May last year. After a meeting of the Bank Board held on Tuesday, RBA governor Philip Lowe said in a statement that inflation in Australia has passed its peak, but 7 percent is still too high and it will

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Experts praise China's role as "major engine of global growth"

STORY: Experts praise China's role as "major engine of global growth" DATELINE: March 7, 2023 LENGTH: 00:02:57 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of street scenes in China 2. SOUNDBITE 1 (English): WICHAI KINCHONG CHOI, Senior vice president, Kasikornbank in Thailand 3. various of container terminals 4. SOUNDBITE 2 (English): RONNIE LINS, Director of China-Brazil Center for Research and Business in Brazil 5. SOUNDBITE 3 (English): ALBERT KEIDEL, Adjunct professor of economics at George Washington University STORYLINE: The Chinese economy has become a spotlight in the world economy, and international institutions are widely upbeat about China's growth prospects. The International Monetary Fund in January projected that China's economy will grow by 5.2 percent in 2023, 0.8 percentage points higher than its October 2022 forecast. Credit rating agency Fitch Ratings revised its forecast for China's economic growth in 2023 to 5 percent from 4.1 percent. Bank of America and Morgan St

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Malaysia's IPI up 3 pct in December

STORY: Malaysia's IPI up 3 pct in December DATELINE: Feb. 8, 2023 LENGTH: 00:02:15 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and Kuala Lumpur street views 2. various of traffic 3. various of trucks on road 4. various of container vessels at Northport of Port Klang, Selangor STORYLINE: Malaysia's industrial production index (IPI) rose 3 percent in December 2022, spearheaded by expansion in manufacturing and mining sectors, official data showed Tuesday. The mining index and manufacturing index grew 4.1 percent and 3 percent, respectively in December 2022, the Department of Statistics Malaysia said in a statement. The electricity index, however, turned downward to negative 1.1 percent during the month. In terms of month-on-month comparison, the IPI weakened by 0.6 percent as against the expansion of 0.9 percent registered in the previous month. Overall, for the final quarter of 2022, the IPI grew at a slower rate of 4.1 percent as compared to 12.2

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EGYPT-GIZA-TOURISM-REVENUES-RECORD HIGH

(230203) -- GIZA (EGYPT), Feb. 3, 2023 (Xinhua) -- Tourists visit the Giza Pyramids in Giza, Egypt, on Feb. 3, 2023. Egypt's tourism revenues rose by 43.5 percent to a record high of 4.1 billion U.S. dollars in the first quarter of the fiscal year 2022-2023, which runs from July to September last year, the Central Bank of Egypt (CBE) said in a statement on Thursday. (Xinhua/Ahmed Gomaa)

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EGYPT-GIZA-TOURISM-REVENUES-RECORD HIGH

(230203) -- GIZA (EGYPT), Feb. 3, 2023 (Xinhua) -- A child takes a selfie during his visit to the Giza Pyramids in Giza, Egypt, on Feb. 3, 2023. Egypt's tourism revenues rose by 43.5 percent to a record high of 4.1 billion U.S. dollars in the first quarter of the fiscal year 2022-2023, which runs from July to September last year, the Central Bank of Egypt (CBE) said in a statement on Thursday. (Xinhua/Ahmed Gomaa)