Turkish central bank raises policy interest rate to 35 pct

STORY: Turkish central bank raises policy interest rate to 35 pct DATELINE: Oct. 27, 2023 LENGTH: 00:01:05 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Türkiye's central bank 2. various of Turkish lira 3. various of stores STORYLINE: Türkiye's central bank increased its policy interest rate by 500 basis points from 30 percent to 35 percent on Thursday. The central bank's monetary policy committee said in a statement that it decided to continue the monetary tightening process in order to establish the disinflation course as soon as possible, anchor inflation expectations, and control the deterioration in pricing behavior. In the third quarter, inflation readings were above expectations, said the statement. "The strong course of domestic demand, the stickiness of services inflation, and the deterioration in inflation expectations continue to put upward pressure on inflation," it added. In addition, geopolitical developments have posed risks to the inflation outlook, said the ba

Teijin Fibers devises anti-sweat material for Nike sports wear

Teijin Fibers devises anti-sweat material for Nike sports wear

TOKYO, Japan - Teijin Fibers Ltd. said July 27 it will supply U.S. sports wear maker Nike Inc. with a new polyester material to ease stickiness and other discomfort caused by sweat. The cool fabric is designed to open tiny holes in reaction to sweat to double its air permeability.

UNIQLO's Airism product image

UNIQLO's Airism product image

UNIQLO's AIR RHYTHM is a brand of clothing that eliminates the dampness and stickiness caused by perspiration. Now that there are many opportunities for people to wear masks, UNIQLO has taken advantage of the characteristics of Airism to launch the Airism Mask, an all-season hybrid mask. In June 2008, the company began selling Airism Mask, a hybrid mask for all seasons. UNIQLO Harajuku Store, Shibuya Ward, Tokyo, June 3, 2020 (Credit: Nikkan Kogyo Shimbun / Kyodo News Images)

UNIQLO's Airism product image

UNIQLO's Airism product image

UNIQLO's AIR RHYTHM is a brand of clothing that eliminates the dampness and stickiness caused by perspiration. Now that there are many opportunities for people to wear masks, UNIQLO has taken advantage of the characteristics of Airism to launch the Airism Mask, an all-season hybrid mask. In June 2008, the company began selling Airism Mask, a hybrid mask for all seasons. UNIQLO Harajuku Store, Shibuya Ward, Tokyo, June 3, 2020 (Credit: Nikkan Kogyo Shimbun / Kyodo News Images)

UNIQLO's Airism product image

UNIQLO's Airism product image

UNIQLO's AIR RHYTHM is a brand of clothing that eliminates the dampness and stickiness caused by perspiration. Now that there are many opportunities for people to wear masks, UNIQLO has taken advantage of the characteristics of Airism to launch the Airism Mask, an all-season hybrid mask. In June 2008, the company began selling Airism Mask, a hybrid mask for all seasons. UNIQLO Harajuku Store, Shibuya Ward, Tokyo, June 3, 2020 (Credit: Nikkan Kogyo Shimbun / Kyodo News Images)

Teijin Fibers devises anti-sweat material for Nike sports wear

Teijin Fibers devises anti-sweat material for Nike sports wear

TOKYO, Japan - Teijin Fibers Ltd. said July 27 it will supply U.S. sports wear maker Nike Inc. with a new polyester material to ease stickiness and other discomfort caused by sweat. The cool fabric is designed to open tiny holes in reaction to sweat to double its air permeability. (Kyodo)