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Xinhua world economic news summary at 0900 GMT, March 18
BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»
Xinhua world news summary at 0830 GMT, March 10
ISLAMABAD -- Two people were killed and another injured on Sunday morning in a blast near a market in Pakistan's northwest Peshawar city, rescue service reported. The blast took place early in the morning on Nasir Bagh road near Board Bazaar, a local market in Peshawar, the capital city of the country's northwest Khyber Pakhtunkhwa (KP) province, resulting in casualties, Bilal Ahmad Faizi, public relations offic.....»»
Xinhua world news summary at 0830 GMT, March 10
ISLAMABAD -- Two people were killed and another injured on Sunday morning in a blast near a market in Pakistan's northwest Peshawar city, rescue service reported. The blast took place early in the morning on Nasir Bagh road near Board Bazaar, a local market in Peshawar, the capital city of the country's northwest Khyber Pakhtunkhwa (KP) province, resulting in casualties, Bilal Ahmad Faizi, public relations offic.....»»
Xinhua world economic news summary at 0900 GMT, March 6
MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»
Xinhua world news summary at 0730 GMT, Jan. 29
MANILA -- Philippine President Ferdinand Romualdez Marcos left for Vietnam on Monday for a two-day state visit to boost cooperation. "Maritime cooperation will be one of the cornerstones of the strategic partnership which we are going to forge, and we hope to strengthen this aspect during my visit to promote peace and stability in our region," Marcos said in his departure speech. (Philippines-Vietnam-Visit).....»»
Xinhua world economic news summary at 0900 GMT, Jan. 31
TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»
Xinhua world news summary at 0100 GMT, Jan. 26
MANILA -- The Philippine Navy said on Thursday it deployed a helicopter to search for 11 missing passengers of two motorboats that capsized off Palawan province. Commodore Alan Javier, the commander of the Philippine Naval Forces West, said the boats sank on Wednesday near Ilian Bay in Roxas, a coastal town northeast of Palawan's capital Puerto Princesa. (Philippines-Navy-Boat) - - - - CAIRO -- Egy.....»»
Xinhua world news summary at 0100 GMT, Jan. 26
MANILA -- The Philippine Navy said on Thursday it deployed a helicopter to search for 11 missing passengers of two motorboats that capsized off Palawan province. Commodore Alan Javier, the commander of the Philippine Naval Forces West, said the boats sank on Wednesday near Ilian Bay in Roxas, a coastal town northeast of Palawan's capital Puerto Princesa. (Philippines-Navy-Boat) - - - - CAIRO -- Egy.....»»
Xinhua world news summary at 1530 GMT, Jan. 19
BRAZZAVILLE -- At least 23 people were killed by floods caused by heavy rains across the Republic of the Congo, government spokesperson Thierry Moungalla said Friday. The 23 deaths were recorded in the departments of Likouala, Cuvette and Niari. According to an updated assessment, nine of the country's 12 departments have been affected, especially those bordering the Congo River. (Congo-Flooding-Damage) -.....»»
Xinhua world news summary at 0630 GMT, Jan. 19
MANILA -- The death toll from a landslide that hit a mining village in Davao de Oro province in the southern Philippines on Thursday has risen to nine, local authorities said Friday. In a social media post, the municipality of Monkayo said rescuers recovered two more bodies, both women, near the houses buried by the mud and heaps of debris. Police confirmed the retrieval of the two women. (Philippines-Landslide-.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world news summary at 1530 GMT, Jan. 19
BRAZZAVILLE -- At least 23 people were killed by floods caused by heavy rains across the Republic of the Congo, government spokesperson Thierry Moungalla said Friday. The 23 deaths were recorded in the departments of Likouala, Cuvette and Niari. According to an updated assessment, nine of the country's 12 departments have been affected, especially those bordering the Congo River. (Congo-Flooding-Damage) -.....»»
Xinhua world news summary at 0630 GMT, Jan. 19
MANILA -- The death toll from a landslide that hit a mining village in Davao de Oro province in the southern Philippines on Thursday has risen to nine, local authorities said Friday. In a social media post, the municipality of Monkayo said rescuers recovered two more bodies, both women, near the houses buried by the mud and heaps of debris. Police confirmed the retrieval of the two women. (Philippines-Landslide-.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Xinhua world news summary at 1500 GMT, Jan. 11
MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»
Xinhua world news summary at 0630 GMT, Jan. 11
TOKYO -- The death toll rose to 213 in the central Japanese prefecture of Ishikawa on Thursday, after a series of strong quakes of up to 7.6 magnitude jolted the prefecture and its vicinity, local media reported. A total of 52 people remained unaccounted for in the hardest-hit prefecture as of 9 a.m. local time, while at least 567 people suffered injuries due to the quakes, public broadcaster NHK said. (Japan-Ea.....»»
Xinhua world news summary at 1500 GMT, Jan. 11
MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»