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Transcripts For BBCNEWS Asia 20240704

Domestic economy has not done so well and consumption is down on the quarter and investment spending is treading water. In that respect it would be premature to say the japanese economy is Out Of The Woods but it is a positive surprise. This is a tricky it is a positive surprise. This is a tricky balance it is a positive surprise. This is a tricky balance for it is a positive surprise. This is a tricky balance forjapan because they have been trying to boost inflation unlike some other g7 economies yet they are having a problem, people arent feeling confident in purchasing and buying things there. How do they balance this . They balance this . Indeed, thats the they balance this . Indeed, thats the milliondollar i thats the Million Dollar question right now. Weve had a pretty good result for these spring Wage Negotiations this year and wage growth is picking up year and wage growth is picking up injapan so in that respect things are changing. But the wage gains we are seeing now are not

Transcripts For BBCNEWS Asia 20240704

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 thinkfi time, what do you project . Dont thin

Transcripts for BBCNEWS Asia Business Report 20240604 00:43:00

attack. it happened outside to brewers in clapham last night. victims are out of hospital and no one has been arrested. have you ever had a job that shorter we are not quite sure how many hours you do? start shed with the bbc show the number of people from ethnic minorities doing that kind of work has doubled in the past decade. it only went up by 10% for white people. there have been more big money spending and football transfer market. name on the left is leaving psg and his often a saudi club al hilal more than £75 million and chelsea have paid over 100 million to sign brighton s voices kai sotto. we will leave you with ten seconds a panda party. this is lalo the giant panda cub elevating a second but that is in singapore. he was spoiled with ice blocks, a watermelon and even a bamboo cake. you are all caught up.

have you ever had a job that short term where you re not quite sure how many hours you ll do? stats shared with the bbc show the number of people from ethnic minorities doing that kind of work has doubled in the past decade. it only went up by 10% for white people. and there s been more big money spending in the football transfer market. neymar, on the left, is leaving psg and is off to saudi club al hilal for more than £75 million. chelsea have paid over £100 million to sign brighton s moises caicedo. we re going to leave you with ten seconds of a panda party. this is lei lei, the giant panda cub, celebrating his second birthday at a zoo in singapore. he was absolutely spoiled he got ice blocks, a watermelon and even a bamboo cake. you re all caught up, have a great night.

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