A further rise in business investment. Private consumption fell on the quarter as consumers struggle with rising living costs and falling real wages. How do you think investors are going to respond to this news . The japanese economy is performing quite well. I dont think it will be a big market reaction. Simply because the indications for Monetary Policy are not clear cut. The bank ofjapan is already quite optimistic about the gdp growth, and what really matters for Monetary Policy is how global inflation is. Strong gdp growth, the margin, Rising Inflationary pressures. As we have seen in the past, it can turn around things injapan, so the wage growth really matters, how much it will ease Household Burden on the cost of living. In terms of the bank ofjapan, looking at whether they are actually going to raise Interest Rates after quite some time, what do you project . We time, what do you proect . We dont time, what do you proect . We dont thinkļ¬ time, what do you project . Dont thin
Are known to have died but hundreds still remain unaccounted for. Search teams are checking through the rubble of burned out buildings and vehicles. Many people were forced to run into the sea, to escape the flames. An official review has been ordered into whether residents were given sufficient warning about the fire. It appears some early sirens never sounded. There are also questions over the speed of the emergency response. From maui, heres john sudworth. Videos of the disaster continue to emerge. This one shows lahainas residents huddled in the water the only place of refuge they could find as the smoke and ashes from their burning town rained down upon them. Hundreds are still listed as missing. The Authorities Say temperatures here reached 1,000 degrees. The task of both finding and identifying the bodies will take time, according to hawaiis governor, himself a trained doctor, speaking to us media. They will find ten to 20 people per day, probably, until they finish. And it is p
Journalist, brian stelter. First, the latest headlines. The uk is out of recession, after stronger than expected growth at the start of the year. The economy shrunk towards the end of 2023 as people faced higher prices in shops and higher Interest Rates. Piran ditta khan, the man who last month was found guilty of the 2005 murder of West Yorkshire Police Officer Sharon Beshenivsky has been jailed for life. The mother of three was shot dead as she and her colleague responded to a break in at a Travel Agents in bradford. The judge said that beshenivsky s courage and commitment to her duty that day cost her life. A Commuter Train has crashed in the argentine capital, buenos aires, injuring dozens of people. 30 people have been admitted to hospital, but there are no reports of fatalities. The train had just left one of the citys main stations when it hit the back of a stationary maintenance train. The duke and duchess of sussex have begun their visit to nigeria at an event in abuja. Its th
hello and welcome to asia business report. japan s economy is expected to have continued growth in the second quarter of this year. thanks to higher exports. official figures for the world third largest economy for april to june will be released in a few minutes. earlier i spoke to the head of at independent economic research consultancy capital economic and he told us about his forecast for the japanese economy. his forecast for the japanese economy- his forecast for the japanese economy. we are forecasting 0. 696 economy. we are forecasting 0-6% rise economy. we are forecasting 0.696 rise in economy. we are forecasting 0.696 rise in gdp, economy. we are forecasting 0.696 rise in gdp, better - economy. we are forecasting | 0.696 rise in gdp, better than 0.6% rise in gdp, better than people expected. the main driver here is a strong increase in exports. the main development in recent months, the supply shortage falling back, diminishing. supply has reached a record high. we thin