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

SoftBank group posts record profit of 527.04 bil yen

SoftBank group posts record profit of 527.04 bil yen

TOKYO, Japan - Masayoshi Son, chairman and chief executive officer of SoftBank Corp., smiles during a press conference in Tokyo on May 7, 2014. Son said Softbank's group net profit for the past year to March surged 41.5 percent from a year earlier to a record 527.04 billion yen. The company's group net profit topped that of NTT Docomo Inc. for the first time.

SoftBank group posts record profit of 527.04 bil yen

SoftBank group posts record profit of 527.04 bil yen

TOKYO, Japan - Masayoshi Son, chairman and chief executive officer of SoftBank Corp., at a press conference in Tokyo on May 7, 2014, stands in front of a sign board saying Softbank's group operating profit exceeded one trillion yen for the year just ended. Group net profit for the past year to March surged 41.5 percent from a year earlier to a record 527.04 billion yen.

SoftBank group posts record profit of 527.04 bil yen

SoftBank group posts record profit of 527.04 bil yen

TOKYO, Japan - Masayoshi Son, chairman and chief executive officer of SoftBank Corp., answers questions during a press conference in Tokyo on May 7, 2014. Son said Softbank's group net profit for the past year to March surged 41.5 percent from a year earlier to a record 527.04 billion yen.

SoftBank group posts record profit of 527.04 bil yen

SoftBank group posts record profit of 527.04 bil yen

TOKYO, Japan - Masayoshi Son, chairman and chief executive officer of SoftBank Corp., briefs reporters on the company's financial results at a press conference in Tokyo on May 7, 2014. For the past year to March 31, SoftBank's group net profit surged 41.5 percent from a year earlier to a record 527.04 billion yen due to a rise in subscriptions and purchase of the third-biggest U.S. telecom carrier Sprint Nextel Corp.

Türkiye's exports up by 9.2 pct in September

STORY: Türkiye's exports up by 9.2 pct in September DATELINE: Oct. 5, 2022 LENGTH: 0:00:45 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of cargo in port STORYLINE: Türkiye's exports increased by 9.2 percent year on year to 22.6 billion U.S. dollars in September, Trade Minister Mehmet Mus announced Tuesday. "This is the highest September export figure. Thus, we reached the highest monthly export value in the first nine months of 2022," Mus tweeted. According to data released by the Trade Ministry, Türkiye's imports grew by 41.5 percent to 33 billion U.S. dollars in September, leading to a 298.3-percent increase in the trade deficit compared to the same month last year. Germany, the United States, and Iraq were the top three importers of Turkish goods in September. Last year, the Turkish government announced an economic model that pursues a current account surplus through higher exports and low-interest rates, despite rising inflation and a depreciation in the local currency. The country's fo