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International Commodity Prices Fluctuations

YANTAI, CHINA - JULY 24, 2025 - A large amount of imported iron ore, bauxite and coal are waiting to be transported at Yantai Port. Yantai City, Shandong Province, China on July 24, 2025.

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International Commodity Prices Fluctuations

YANTAI, CHINA - JULY 24, 2025 - A large amount of imported iron ore, bauxite and coal are waiting to be transported at Yantai Port. Yantai City, Shandong Province, China on July 24, 2025.

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International Commodity Prices Fluctuations

YANTAI, CHINA - JULY 24, 2025 - A large amount of imported iron ore, bauxite and coal are waiting to be transported at Yantai Port. Yantai City, Shandong Province, China on July 24, 2025.

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International Commodity Prices Fluctuations

YANTAI, CHINA - JULY 24, 2025 - A large amount of imported iron ore, bauxite and coal are waiting to be transported at Yantai Port. Yantai City, Shandong Province, China on July 24, 2025.

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Japan PM Kishida

Japanese Prime Minister Fumio Kishida speaks at a government meeting about stock market fluctuations on Aug. 28, 2024, at the premier's office in Tokyo.

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Japan PM Kishida

Japanese Prime Minister Fumio Kishida attends a government meeting about stock market fluctuations on Aug. 28, 2024, at the premier's office in Tokyo.

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Japan PM Kishida

Japanese Prime Minister Fumio Kishida attends a government meeting about stock market fluctuations on Aug. 28, 2024, at the premier's office in Tokyo.

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Japan to respond appropriately, any time to excessive yen moves: currency official

STORY: Japan to respond appropriately, any time to excessive yen moves: currency official SHOOTING TIME: June 20, 2024/Earlier footage DATELINE: June 25, 2024 LENGTH: 00:02:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of banks in Japan 3. various of Tokyo Stock Exchange 4. various of Nikkei stock index STORYLINE: Japan stands ready to take appropriate steps against volatile currency moves at "any time," the country's top currency diplomat said Monday, as the yen neared the 160 line against the U.S. dollar, a level that previously prompted authorities to intervene in the market. Masato Kanda, vice finance minister for international affairs, warned that excessive yen fluctuations negatively affect the economy. "We are ready to take appropriate action at any time," he told reporters. The yen's weakness persists after the Bank of Japan's decision this month to hold off reducing bond-buying stimulus until its July meeting. The yen weakened to 159.94 per U.S. doll

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Violent currency fluctuations

A pedestrian passes by a financial monitor in Tokyo on May 2, 2024, showing the dollar moving in the lower half of 155 yen after violent fluctuations.

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Violent currency fluctuations

A pedestrian passes by a financial monitor in Tokyo on May 2, 2024, showing the dollar moving in the lower half of 155 yen after violent fluctuations.

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Volatile currency movement

A pedestrian passes by a financial monitor in Tokyo on April 29, 2024, showing the violent fluctuations of the dollar as it sank to the 154 yen level after staying just below the 160 yen line.

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Cnooc "Deep Sea One" Completed

QINGDAO, CHINA - FEBRUARY 1, 2024 - The land construction of the integrated treatment platform of the second phase of the Deep-sea One project is completed in the West Coast New Area of Qingdao, in Qingdao, Shandong province, China, February 1, 2024. According to reports, the platform applies 7 megawatt gas turbine generator sets and other sets of domestic equipment with completely independent intellectual property rights, equipped with the largest domestic offshore platform slug flow catcher designed by CNOOC, which is used to eliminate the risk of liquid level fluctuations and blockage of oil and gas mixed transport pipelines, and ensure the reliable operation of oil and gas treatment equipment. The deep-sea No. 1 ultra-deep water gas field, which was put into operation in June 2021, has proven geological reserves of over 100 billion cubic meters, with a maximum water depth of more than 1,500 meters and a maximum well depth of more than 4,000 meters, making it the deepest and most difficult offshore ultra-d

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Egyptian, Russian presidents lay foundation for new unit of nuclear plant

STORY: Egyptian, Russian presidents lay foundation for new unit of nuclear plant SHOOTING TIME: Jan. 23, 2024 DATELINE: Jan. 24, 2024 LENGTH: 00:00:59 LOCATION: Cairo CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of Egyptian President Abdel-Fattah al-Sisi and his Russian counterpart Vladimir Putin virtually participating in the foundation-laying ceremony (courtesy of the Egyptian Presidency) STORYLINE: Egyptian President Abdel-Fattah al-Sisi and his Russian counterpart Vladimir Putin on Tuesday virtually participated in the foundation-laying ceremony of a new unit of the El-Dabaa Nuclear Power Plant. "Today, they are writing a new bright chapter in history by fulfilling the long-held aspiration of all Egyptians of owning a peaceful nuclear plant," said the Egyptian president. Al-Sisi added that Egypt's peaceful nuclear program shall contribute to providing safe, cheap, and long-term energy supplies, reducing dependence on fossil fuels and avoiding fluctuations in their prices. He described the project

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7 killed, 18 injured in road accident in south Pakistan

STORY: 7 killed, 18 injured in road accident in south Pakistan SHOOTING TIME: Dec. 6, 2023 DATELINE: Dec. 6, 2023 LENGTH: 00:00:58 LOCATION: Islamabad CATEGORY: OTHERS SHOTLIST: 1. various of the accident site STORYLINE: Seven people were killed and 18 others injured in a road accident in Pakistan's south Sindh province, rescue teams said. The accident happened in Kashmore district of the province, where a passenger van collided with a truck at a main highway on Monday, the state-run Rescue 1122 said in a statement. The van's driver could not see the truck coming from the opposite direction due to low visibility caused by fog and hit into it, the statement added. The injured people had been shifted to a nearby hospital, where five of them were in critical condition. Presently, Pakistan is experiencing fluctuations in weather patterns, leading to the emergence of dense fog in various regions during both morning and night hours, which causes certain sections of highways to close temporarily d

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5 killed in road accident in south Pakistan

STORY: 5 killed in road accident in south Pakistan SHOOTING TIME: Dec. 1, 2023 DATELINE: Dec. 2, 2023 LENGTH: 00:01:14 LOCATION: SINDH, Pakistan CATEGORY: SOCIETY SHOTLIST: 1. various of the accident site STORYLINE: Five people were killed when a car fell into a gorge in Pakistan's southern Sindh province in the wee hours of Friday morning, police said. The accident happened in Shikarpur district of the province, where the overspeeding vehicle suffered low visibility caused by fog, Naimat Ullah Khan, who is in charge of the district's police control room, told Xinhua. Due to the dense fog, the driver could not assess the severity of an upcoming sharp turn, and the vehicle veered off the road and plunged into the gorge as he navigated the bend, the policeman said. The deceased were members of a family who were on their way back home in the district from the capital city Quetta of the southwest Balochistan province, Khan added. Presently, Pakistan is experiencing fluctuations in weather patterns, leading

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China's upbeat economic prospects underpin yuan's long-term strength

STORY: China's upbeat economic prospects underpin yuan's long-term strength DATELINE: Sept. 16, 2023 LENGTH: 00:01:57 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the views in China 2. SOUNDBITE 1 (English): BISHNU PUKAR SHRESTHA, Nepal's Ambassador to China 3. SOUNDBITE 2 (English): HARLEY SEYEDIN, President of American Chamber of Commerce in South China STORYLINE: Despite short-term fluctuations, the Chinese yuan has been able to maintain its basic stability in the longer term. On Friday, the central parity rate of the yuan strengthened for a fifth consecutive trading day against the U.S. dollar, 88 pips firmer from the previous trading day to 7.1786, according to the China Foreign Exchange Trade System (CFETS). This marks the yuan's strongest level in nearly two weeks. The yuan's central parity rate has strengthened by 364 pips against the greenback this week. Yuan's return to strength this week came after the country's central bank, the PBOC, pledged to resolutely fend off risks o

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Türkiye's central bank raises interest rate to 25 pct

STORY: Türkiye's central bank raises interest rate to 25 pct DATELINE: Aug. 25, 2023 LENGTH: 00:01:22 LOCATION: Ankara CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the Turkish central bank and Turkish lira 2. various of Hafize Gaye Erkan, Governor of the Turkish Central Bank 3. various of Mehmet Simsek, Turkish Treasury and Finance Minister 4. various of the Turkish central bank and Turkish lira 5. various of U.S. dollars STORYLINE: Türkiye's central bank on Thursday raised its benchmark interest rate by 750 basis points to 25 percent from 17.5 percent in a move against high inflation and currency fluctuations. "The Monetary Policy Committee has decided to raise the policy rate (the one-week repo auction rate) from 17.5 percent to 25 percent," the central bank said in a statement. The central bank noted recent indicators point to a continued increase in the underlying trend of inflation. The policy rate will be determined in a way that will create monetary and financial conditions necessa

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Türkiye's central bank raises interest rate to 17.5 pct

STORY: Türkiye's central bank raises interest rate to 17.5 pct DATELINE: July 21, 2023 LENGTH: 00:02:11 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of bank 2. various of streets view and people walking STORYLINE: Türkiye's central bank on Thursday raised its benchmark interest rate by 250 basis points to 17.5 percent from 15 percent in a move against high inflation and currency fluctuations. The central bank "decided to continue the monetary tightening process to establish the disinflation course as soon as possible, to anchor inflation expectations, and to control the deterioration in pricing behavior," the institution's monetary policy committee said in a statement. To improve market mechanisms and stability, the committee will gradually "simplify and improve the existing micro- and macroprudential framework" and pledges quantitative and credit tightening to support the rate hike, it added. The hike came nearly a month after the Turkish central bank hiked its main rate by 650 basis p

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Chinese economy sees hard-won recovery in H1 amid global downturn

STORY: Chinese economy sees hard-won recovery in H1 amid global downturn DATELINE: July 18, 2023 LENGTH: 00:01:48 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the views in China 2. SOUNDBITE 1 (Chinese): FU LINGHUI, NBS spokesperson 3. various of the views in China 4. SOUNDBITE 2 (Chinese): LIU YUANCHUN, President of Shanghai University of Finance and Economics STORYLINE: China's economic performance in the first half (H1) of 2023 showed signs of recovery in the face of various challenges, according to guest speakers at the China Economic Roundtable hosted by Xinhua. Data from the National Bureau of Statistics (NBS) showed Monday that China's gross domestic product (GDP) grew 5.5 percent year on year in the first half of this year. The NBS spokesperson Fu Linghui said the economic growth had significantly accelerated compared with that of last year, which is quite remarkable given the global economic fluctuations and downturns. He said, in the January-June period, the production supply

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Tanigaki says Japan to intervene in forex to curb volatility

TOKYO, Japan - Finance Minister Sadakazu Tanigaki speaks at the Foreign Correspondents' Club of Japan in Tokyo on April 8. Tanigaki said that Japan will continue to intervene in the foreign exchange market to stem sharp fluctuations, which he said could threaten to hurt the country's fight against deflation.

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BOJ's Fukui says yen rise could eventually threaten economy

TOKYO, Japan - Bank of Japan (BOJ) Governor Toshihiko Fukui tells a news conference in Tokyo on Jan. 20 that although the yen's recent rise against the dollar is not yet a threat to the nation's economic recovery, it could undermine growth in the future. ''We have not yet concluded that foreign exchange fluctuations pose an immediate threat. But it could become a downside risk,'' he said.

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Toyota net profit down 9.7% in April-June

TOKYO, Japan - Toyota Motor Corp. Executive Vice President Ryuji Araki announced earnings results for the April-June quarter at a press conference in Tokyo on Aug. 5. Toyota said its group net profit for the period fell 9.7% from a year earlier to 222.59 billion yen due to exchange rate fluctuations and the temporary effect of model shifts at its North American plants.

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Nikkei ends morning below 20-yr closing low

TOKYO, Japan - A chart board at a brokerage house in Tokyo's Yurakucho district shows hour-by-hour fluctuations of the key Nikkei index of the Tokyo Stock Exchange on April 25. The index ended the morning session below its recently scored 20-year closing low, battered by selling of technology shares triggered by Sony's bearish earnings outlook for the ongoing business year and falls in U.S. shares overnight. The 225-issue stock average dropped 169.29 points, or 2.16%, to end the morning session at 7,685.28, dipping below the 20-year closing low of 7,752.10 registered on April 14.

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Summers meets the press in Tokyo

TOKYO, Japan - U.S. Treasury Secretary Lawrence Summers says in Tokyo on July 20 the U.S. economy will continue to expand although there will be some fluctuations on a short-term basis. ''Prospects for continued expansion are very good,'' Summers told a news conference at the U.S. Embassy in Tokyo.

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Glass used on China's Shenzhou-14 spaceship

STORY: Glass used on China's Shenzhou-14 spaceship DATELINE: June 9, 2022 LENGTH: 00:00:49 LOCATION: SHIJIAZHUANG, China CATEGORY: TECHNOLOGY SHOTLIST: various of China's crewed spaceship Shenzhou-14various of the glass made for Shenzhou-14 STORYLINE: China's crewed spaceship Shenzhou-14 was launched on Sunday. The external window panes of the spaceship have to withstand the extreme environment of outer space. They were formed by 80 special pieces of glass developed by a Qinhuangdao-based manufacturer, in north China's Hebei province. Made of quartz, the glasses have to go through dozens of processes before becoming special glasses used in space. According to the manufacturer, the glasses need to withstand the high temperature of 1,000 degrees Celcius, drastic temperature fluctuations and endure large doses of radiation while maintaining more than 95 percent of visible-light transmittance. China's crewed spaceship Shenzhou-14 launched on Sunday sent three astronauts to its space station combination for

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Yen's continued weakness against dollar

A financial data screen in Tokyo shows the U.S. dollar rising above the 128 yen line on April 19, 2022, a level unseen since May 2002, amid the continued weakness in the Japanese currency. The yen saw its value decline by over 1 yen on Tuesday, even as Finance Minister Shunichi Suzuki weighed in earlier in the day, terming the currency's rapid fluctuations "undesirable." "Close communication is needed with currency authorities such as those in the United States," Suzuki said prior to his departure for Washington.

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Japanese researchers detect patterns of stock fluctuations

TOKYO, Japan - A University of Tokyo research team led by Ken Kiyono said on Feb. 15 it has discovered a special pattern of stock index fluctuations before and after a market crash, a finding that could pave the way for detecting downside risks for the stock market. The team has analyzed minute fluctuations of the U.S. Standard & Poor's 500 index between 1984 and 1995 and found the special pattern, called critical regime, emerging in the September-December quarter of 1987 that included the Oct. 19 Black Monday crash. The graphic was provided by Ken Kiyono. (Kyodo)

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Tokyo stocks dive over 3% in volatile trade over Brexit anxiety

Photo taken June 24, 2016, at a Tokyo office of Daiwa Securities Co. shows a large screen presenting wild fluctuations in share prices, given concerns that Britain may have voted to leave the European Union. The key Nikkei stock index shed more than 3 percent in the morning session. (Kyodo) ==Kyodo

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1st day of G-7 finance chiefs' meeting

Japanese Finance Minister Taro Aso (R) talks with Bank of Japan Governor Haruhiko Kuroda prior to the first-day session of the Group of Seven finance chiefs in the northeastern Japan city of Sendai on May 20, 2016. Following the session, Aso said the stability of currency rates is "extremely important" as sharp fluctuations could have adverse economic effects. (Pool photo by Kyodo News)(Kyodo) ==Kyodo

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1st day of G-7 finance chiefs' meeting

Japanese Finance Minister Taro Aso meets with reporters following the first-day session of the Group of Seven finance chiefs in the northeastern Japan city of Sendai on May 20, 2016. Aso said the stability of currency rates is "extremely important" as sharp fluctuations could have adverse economic effects. (Kyodo) ==Kyodo

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1st day of G-7 finance chiefs' meeting

Japanese Finance Minister Taro Aso (C) addresses the first-day session of the Group of Seven finance chiefs in the northeastern Japan city of Sendai on May 20, 2016. Following the session, Aso said the stability of currency rates is "extremely important" as sharp fluctuations could have adverse economic effects. (Pool photo by Kyodo News)(Kyodo) ==Kyodo

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1st day of G-7 finance chiefs' meeting

Japanese Finance Minister Taro Aso (C) addresses the first-day session of the Group of Seven finance chiefs in the northeastern Japan city of Sendai on May 20, 2016. Following the session, Aso said the stability of currency rates is "extremely important" as sharp fluctuations could have adverse economic effects. (Pool photo by Kyodo News)(Kyodo) ==Kyodo

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1st day of G-7 finance chiefs' meeting

Photo taken May 20, 2016, shows the first-day session of the Group of Seven finance chiefs in the northeastern Japan city of Sendai. Following the session, Japanese Finance Minister Taro Aso said the stability of currency rates is "extremely important" as sharp fluctuations could have adverse economic effects. (Pool photo by Kyodo News)(Kyodo) ==Kyodo

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Japan's finance minister says rapid currency moves undesirable

Japanese Finance Minister Taro Aso speaks to reporters at Tokyo's Haneda airport on May 27, 2015, before leaving for Germany to attend a Group of Seven finance ministers' meeting starting later in the day. Aso said, "Generally speaking, sharp fluctuations in foreign exchange are undesirable," following the U.S. dollar's rise to a nearly eight-year high above the 123 yen line. (Kyodo) ==Kyodo

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Tanigaki says Japan to intervene in forex to curb volatility

TOKYO, Japan - Finance Minister Sadakazu Tanigaki speaks at the Foreign Correspondents' Club of Japan in Tokyo on April 8. Tanigaki said that Japan will continue to intervene in the foreign exchange market to stem sharp fluctuations, which he said could threaten to hurt the country's fight against deflation. (Kyodo)

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BOJ's Fukui says yen rise could eventually threaten economy

TOKYO, Japan - Bank of Japan (BOJ) Governor Toshihiko Fukui tells a news conference in Tokyo on Jan. 20 that although the yen's recent rise against the dollar is not yet a threat to the nation's economic recovery, it could undermine growth in the future. ''We have not yet concluded that foreign exchange fluctuations pose an immediate threat. But it could become a downside risk,'' he said. (Kyodo)

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Toyota net profit down 9.7% in April-June

TOKYO, Japan - Toyota Motor Corp. Executive Vice President Ryuji Araki announced earnings results for the April-June quarter at a press conference in Tokyo on Aug. 5. Toyota said its group net profit for the period fell 9.7% from a year earlier to 222.59 billion yen due to exchange rate fluctuations and the temporary effect of model shifts at its North American plants. (Kyodo)

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Summers meets the press in Tokyo

TOKYO, Japan - U.S. Treasury Secretary Lawrence Summers says in Tokyo on July 20 the U.S. economy will continue to expand although there will be some fluctuations on a short-term basis. ''Prospects for continued expansion are very good,'' Summers told a news conference at the U.S. Embassy in Tokyo.