department is likely to confirm prices are calling. but with inflation still stubbornly high, policy makers here as in many other developed economies aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. investors hope there may be a chance the us economy could avoid falling into a recession so we saw a bit of a rally in all the main indices. let s show you how japan s all the main indices. let s show you howjapan s nikkei has started, down by almost i%, profit taking also happening as well. in other news, sporting goods giant nikkei has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have been revenue estimates for seven street orders, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. going to china were on about how authorities are expected to releas
stimulus will come, but it will be limited. just to barely make it to 5% and possibly slightly below 5% next year. it to 596 and possibly slightly below 596 next year.- below 596 next year. these attacks on below 596 next year. these attacks on commercial - below 596 next year. these - attacks on commercial shipping in the red sea what s the impact likely to be on china and asia? surely these countries also need the goods that are being shipped from that are being shipped from that region? that are being shipped from that reuion? ~ ., , , that region? well, absolutely. china is the that region? well, absolutely. china is the largest that region? well, absolutely. china is the largest exporter l china is the largest exporter in the world by far with manufactured products. so china does suffer from, especially from when it takes to bring goods to europe. of course, we have railway now, available. part of the belt & road initiative. but you know, ukraine and russia s wa