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JR East raises fares by 7.1%

A worker replaces a fare board at JR Tokyo Station after East Japan Railway Co. raised its fares by an average of 7.1 percent on March 14, 2026, its first hike since the major rail company's privatization in 1987.

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JR East raises fares by 7.1%

A worker replaces a fare board at JR Tokyo Station after East Japan Railway Co. raised its fares by an average of 7.1 percent on March 14, 2026, its first hike since the major rail company's privatization in 1987.

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JR East raises fares by 7.1%

A worker replaces a fare board at JR Tokyo Station after East Japan Railway Co. raised its fares by an average of 7.1 percent on March 14, 2026, its first hike since the major rail company's privatization in 1987.

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Italy's UniCredit reports record profits in Q3

STORY: Italy's UniCredit reports record profits in Q3 DATELINE: Oct. 26, 2023 LENGTH: 00:01:07 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of UniCredit in Rome STORYLINE: Italian banking giant UniCredit on Tuesday reported a remarkable 67.7 percent surge in profits for the first three quarters of 2023 compared to the previous year. The bank's net profit for the first nine months reached 6.7 billion euros (7.1 billion U.S. dollars), with the third quarter leading the way with a net profit of 2.3 billion euros, up 36 percent year-on-year, the Milan-based bank said in a press release. While UniCredit exceeded profit expectations and raised revenue forecasts, it maintained its full-year profit guidance at 7.25 billion euros. UniCredit is Italy's second-largest bank only after Banca Intesa Sanpaolo in terms of total assets. UniCredit's shares traded as much as 2.1 percent higher in trading Tuesday, before settling down to a 1.4-percent increase. Despite the surge from UniCredit's

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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Mengniu Dairy Products on Sale at A Supermarket in Yichang, China

Mengniu dairy products on sale at a supermarket in Yichang, Hubei Province, China, Sept 5, 2023. Revenue of mengniu dairy rose 7.1% to 51.12 billion yuan in the first half of 2023, according to a recent results announcement by Mengniu Dairy. Operating profit was 3.27 billion yuan, up 29.9 percent year-on-year.

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World food prices decline for 12th consecutive month: FAO

STORY: World food prices decline for 12th consecutive month: FAO DATELINE: April 8, 2023 LENGTH: 00:00:47 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of food in markets 2. various of restaurants in Rome STORYLINE: World food prices declined for the 12th consecutive month in March, the United Nations Food and Agriculture Organization (FAO) reported on Friday. It was the first time the index has fallen for a full year. FAO's broad Food Price Index slipped 2.1 percent in March, and it is now down 20.5 percent since reaching its all-time peak a year ago after a big surge following the Russia-Ukraine conflict. Grains and cereals, the largest component in the index, was down 5.6 percent compared to the previous month and down 18.6 percent over the last 12 months. Among grains and cereals, wheat prices fell the most, dipping 7.1 percent as exports from Ukraine via the Black Sea assuaged market fears. Corn prices were 4.6 percent lower due to strong production in South America, while rice prices were

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U.S.-NEW YORK-CPI

(221214) -- NEW YORK, Dec. 14, 2022 (Xinhua) -- A customer picks vegetables for sale in the Brooklyn borough of New York, the United States, Dec. 13, 2022. U.S. prices rose less than analysts' expectations in November, signaling that surging inflation may be slightly tamping down. The consumer price index (CPI), a measure of U.S. services and goods, climbed a mere 0.1 percent from October, and rose 7.1 percent from the same time last year, according to data released Tuesday from the U.S. Department of Labor. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-CPI

(221214) -- NEW YORK, Dec. 14, 2022 (Xinhua) -- Customers shop at a grocery store in the Brooklyn borough of New York, the United States, Dec. 13, 2022. U.S. prices rose less than analysts' expectations in November, signaling that surging inflation may be slightly tamping down. The consumer price index (CPI), a measure of U.S. services and goods, climbed a mere 0.1 percent from October, and rose 7.1 percent from the same time last year, according to data released Tuesday from the U.S. Department of Labor. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-CPI

(221214) -- NEW YORK, Dec. 14, 2022 (Xinhua) -- A customer shops at a grocery store in the Brooklyn borough of New York, the United States, Dec. 13, 2022. U.S. prices rose less than analysts' expectations in November, signaling that surging inflation may be slightly tamping down. The consumer price index (CPI), a measure of U.S. services and goods, climbed a mere 0.1 percent from October, and rose 7.1 percent from the same time last year, according to data released Tuesday from the U.S. Department of Labor. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-CPI

(221214) -- NEW YORK, Dec. 14, 2022 (Xinhua) -- A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13, 2022. U.S. prices rose less than analysts' expectations in November, signaling that surging inflation may be slightly tamping down. The consumer price index (CPI), a measure of U.S. services and goods, climbed a mere 0.1 percent from October, and rose 7.1 percent from the same time last year, according to data released Tuesday from the U.S. Department of Labor. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-CPI

(221214) -- NEW YORK, Dec. 14, 2022 (Xinhua) -- People walk past listings of houses for sale at a realty office in the Brooklyn borough of New York, the United States, Dec. 13, 2022. U.S. prices rose less than analysts' expectations in November, signaling that surging inflation may be slightly tamping down. The consumer price index (CPI), a measure of U.S. services and goods, climbed a mere 0.1 percent from October, and rose 7.1 percent from the same time last year, according to data released Tuesday from the U.S. Department of Labor. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-CPI

(221214) -- NEW YORK, Dec. 14, 2022 (Xinhua) -- A customer shops at a grocery store in the Brooklyn borough of New York, the United States, Dec. 13, 2022. U.S. prices rose less than analysts' expectations in November, signaling that surging inflation may be slightly tamping down. The consumer price index (CPI), a measure of U.S. services and goods, climbed a mere 0.1 percent from October, and rose 7.1 percent from the same time last year, according to data released Tuesday from the U.S. Department of Labor. (Photo by Michael Nagle/Xinhua)

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Italian inflation climbs to record high in September

STORY: Italian inflation climbs to record high in September DATELINE: Oct. 5, 2022 LENGTH: 00:01:16 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in the supermarket STORYLINE: The consumer price index in Italy set a new record by rising 8.9 percent in September compared to the same month in 2021, the largest year-on-year increase recorded since the creation of the euro currency. The previous record was set a month earlier, when prices climbed 8.4 percent between August 2021 and August of this year. So far, the four largest year-on-year increases in Italy's inflation rate have all been recorded over the last four months. According to Italy's National Statistics Institute (ISTAT), the country's inflation rate over the first nine months of the year was 7.1 percent higher than the same period a year earlier. The main factors pushing prices higher are direct and indirect energy-related costs. While prices for energy goods were 44.5 percent higher in September than in the same

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ADB lowers developing Asia's growth forecast for 2022 to 4.6 pct

STORY: ADB lowers developing Asia's growth forecast for 2022 to 4.6 pct DATELINE: July 21, 2022 LENGTH: 00:02:33 LOCATION: Manila CATEGORY: ECONOMY SHOTLIST: 1. various of ADB headquarters 2. various of street views of Manila STORYLINE: The Asian Development Bank (ADB) lowered developing Asia's growth forecast for 2022 on Wednesday to 4.6 percent from 5.2 percent, reflecting worsened economic prospects because of geopolitical tensions, more aggressive monetary tightening in advanced economies, and the COVID-19 pandemic. In its supplement to the Asian Development Outlook 2022, the bank's flagship annual economic publication, the ADB also slashed its 2023 growth forecast for developing Asia to 5.2 percent from 5.3 percent. The Manila-based bank slashed its 2022 growth forecast for East Asia from 4.7 percent to 3.8 percent; South Asia's growth forecast is lowered from 7 percent to 6.5 percent for 2022 and from 7.4 percent to 7.1 percent for 2023. The 2022 forecast for Southeast Asia is marginally

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World Bank cuts India's economic growth forecast

STORY: World Bank cuts India's economic growth forecast DATELINE: June 8, 2022 LENGTH: 00:01:33 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the Indian Gate 2. various of food product wholesale market 3. various of supermarket 4. various of food products 5. various of fuel station 6. various of the traffic STORYLINE: The World Bank Tuesday cut India's economic growth forecast for the current fiscal year to 7.5 percent as rising inflation, supply chain disruptions and geopolitical tensions taper recovery. The World Bank said in its latest issue of the Global Economic Prospects that "in India, growth is forecast to edge down to 7.5 percent in the fiscal year 2022/23, with headwinds from rising inflation, supply chain disruptions, and geopolitical tensions offsetting buoyancy in the recovery of services consumption from the pandemic." "Growth is expected to slow further to 7.1 percent in 2023-24 back towards its longer-run potential," it said. This is the second time that the World Bank ha

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Tourists return to Tunisia after prolonged COVID-19 lockdown

STORY: Tourists return to Tunisia after prolonged COVID-19 lockdown DATELINE: June 3, 2022 LENGTH: 00:01:21 LOCATION: Tunis CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tunis STORYLINE: The Tunisian Civil Aviation and Airport Office said on Thursday that the Tunis-Carthage International Airport has reached its full capacity with 14 flights entering and leaving the airport every hour with the arrival of foreign tourists. The Tourism Ministry recently stated that the number of tourists to the country has increased rapidly, with the gradual stabilization of the COVID-19 in Tunisia and neighboring countries. Tunisia's tourism industry attracted around 7.1 million visitors annually in the five years before the outbreak of the COVID-19 pandemic. According to data processing company Knoema, travel and tourism contributed 16.1 percent to the country's gross domestic product (GDP) in 2019. The COVID-19 pandemic dealt a severe blow to the tourism sector, the revenue of which in 2020 plunged by 65 p