Germany’s Largest Airport Operator Posts Record Profits

BERLIN, Mac 20 (NNN-XINHUA) – German airport operator, Fraport, announced yesterday that, it has concluded the 2023 fiscal year with record revenue and operating result due to a “continued recovery in passenger numbers.” The company’s net profit more than doubled to 430.5 million euros (about 467.1 million U.S. dollars). Its…

BOJ Chief Says Further Rate Hikes To Depend On Economy

TOKYO, Mac 20 (NNN-NHK) – Bank of Japan (BOJ) Governor, Kazuo Ueda, said yesterday that, further rate hikes will depend on how the economic and price situations develop, but that, aggressive hikes will be unlikely given the current environment. Ueda addressed a press conference, after the BOJ decided earlier in…

Xinhua Commentary: Double-Dealing Defines U.S. Politics

The United States likes to portray itself as a “Beacon of Democracy.” Yet the so-called beacon is getting dimmer, with politicians preaching democracy on the stage, while engaging in money politics behind the scenes. BEIJING, Mac 20 (NNN-XINHUA) – Washington delights in touting such noble terms as democracy, human rights…

Turkish Airstrikes Hit 27 PKK Targets In N. Iraq

ANKARA, Mac 20 (NNN-TRT) – Turkish forces conducted airstrikes against 27 targets of the outlawed Kurdistan Workers’ Party (PKK), in a cross-border operation in northern Iraq, the country’s defense ministry said yesterday. “A total of 27 targets, including bunkers, shelters and caves, used by the terrorist organisation, PKK in Metina,…

23 Killed In Israeli Airstrikes On Gaza City Last Night; Total Death Toll: 31,819

GAZA, Mac 20 (NNN-WAFA) – At least 23 Palestinians were killed and several others were injured last night, in Israeli airstrikes on a gathering of people at the Kuwait Roundabout in Gaza City. Local sources said that, warplanes targeted a local voluntary group, the “Aid Procurement Committee,” while they were…

U.S. Generals Implementing Chaotic Afghan Exit Testify At House Hearing Aimed At Holding Biden Accountable

WASHINGTON, Mac 20 (NNN-XINHUA) – Two top U.S. generals, who implemented President Joe Biden’s plan, to withdraw troops from Afghanistan, testified at a House hearing yesterday, as Republicans renewed their effort in an election year, to hold the incumbent president accountable for the deadly evacuation. At the hearing, held by…

Philippines Posted 196 Million USD Deficit In Feb

MANILA, Mac 20 (NNN-PNA) – The Philippines’ overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in Feb, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country’s central bank said, yesterday. The Bangko Sentral ng Pilipinas (BSP), said, the BOP deficit in Feb, reflected outflows…

Seven Dead In Building Collapse In East India

NEW DELHI, Mac 19 (NNN-PTI) – At least seven people were killed and nearly a dozen others injured, when an under-construction building collapsed, in India’s eastern state of West Bengal, a local police confirmed over phone, yesterday. The incident occurred in the state’s capital city of Kolkata, in the Garden…

Australia’s Retail Petrol Prices Trend Downward But Still Relatively High: Report

SYDNEY, Mac 19 (NNN-AAP) – Australia’s consumer watchdog reported today that, retail petrol prices in the country’s five largest cities remained relatively high in the Dec quarter of 2023, despite a fall of 0.7 cents per litre (cpl). According to the latest quarterly petrol monitoring report, by the Australian Competition…

Bank Of Japan Ends Negative Interest Rate Policy

TOKYO, Mac 19 (NNN-NHK) – The Bank of Japan (BOJ), today decided to end its negative interest rate policy, and yield curve control policy, marking a major shift away from the long-running monetary easing that Japan has seen over the past decade, to put an end to deflation. After a…