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Transcripts For BBCNEWS Asia 20240705

ability to buy high tech microchips and it s now considering an executive order to curb us investment in sensitive areas. jerry eligible to chinese counterpart to any such measures would be hardly targeted. i such measures would be hardly tarueted. , .,, , such measures would be hardly tarueted. , . , , ., targeted. i emphasised that it would be highly targeted. i emphasised that it would be highly targeted - targeted. i emphasised that it would be highly targeted and| would be highly targeted and clearly directed narrowly at a few sectors where we have specific national security concerns. i want to relay them fears that that would do something that would have broad based impacts on the chinese economy, that s not the case, that s not the intention. i think this is an example of what i said about how to address national securities concerns. address national securities concerne address national securities concerns. , ., ., ~ concerns. the senior market anal st concerns. the

Transcripts For BBCNEWS BBC News 20240706

the financial times is reporting that the country s biggest bank, ubs, has offered to buy credit suisse for up to one billion dollars, although bloomberg reports that credit suisse sees that as vastly undervaluing the bank. the swiss banking giant had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. it had been offered an emergency credit facility of more than 50 billion dollars by switzerland s central bank but that had not prevented a sharp fall in its share price. more now on one of our main stories this hour a potential takeover of the struggling credit suisse bank by another swiss based bank, ubs. let s get the latest now from our correspondent in switzerland imogen foulkes. what is the latest on these stories to try and shore up we hearing a lot of things but i can tell you the crisis talks taking just on the road from me in berne financial authority of the banks, people are being very tight lip

Transcripts For BBCNEWS Asia 20240703

Is a Taiwanese Company has got good relations with the Chinese Government which is why it has so many factories on the mainland. Foxconn says it will cooperate with authorities and respond to whatever it is asked. ~. , respond to whatever it is asked. ~. Respond to whatever it is asked. ,. , asked. What you make of the timin asked. What you make of the timing of asked. What you make of the timing of the asked. What you make of the timing of the developments . J timing of the developments . Its not clear why its happening now. What we do know is its a sensitive time for taiwan. Two and a half months from a president ial election which will be of interest to china. China claims taiwan as its own, although it is a self governed territory. The other interesting thing is that the former foxconn ceo and Chief Executive and founder recently cut ties with the company so he could run in and theres no indication it might be a coincidence and at an interesting time for them to be investigated in

Transcripts For BBCNEWS BBC 20240703

Something like that ever, that there is something in the world which is more important than even my family, but unfortunately the reality has changed and here we are. And fresh fears the night of the war escalating to the northern border. Im live on israel but northern border with lebanon where the sirens have been sounding and the idf say they are investigating a suspected new aerial infiltration. Also on the programme. As the Labour Party Conference comes to a close, sir keir starmer tells our Political Editor how he plans to build more than a million homes. The blaze in a car park at Luton Airport last night, flights finally resumed this afternoon. And the handful of dust grabbed from an asteroid nasa reveals what clues it contains about the creation of the solar system. Coming up in sportsday later in the hour on bbc news well get the latest from the scotland camp. Tomorrow night in spain, they can become the first side to qualify for next years european championship. Good evening,

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