inflation trending down. data due out later on friday from us economist department is likely to confirm prices are cooling. but with inflation still stubbornly high, policymakers here, as in many other developed economies, aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. all major major intersystem 0k all major major intersystem ok but japanese nikkei all major major intersystem 0k butjapanese nikkei opening but japanese nikkei opening slightly lower, butjapanese nikkei opening slightly lower, down by about i%. in other news, sporting goods giant nike 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 beaten revenue estimates for seven straight quartrs, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. chinese authorities have released data
our expectation at this year is 0ur expectation at this year is to see another 13,500 millionaires leave china. are millionaires leave china. are they completely millionaires leave china. are they completely cutting ties titan china? they completely cutting ties titan china? titan china? not at all. as eole titan china? not at all. as people become titan china? not at all. as people become more - titan china? not at all. as - people become more financially independent they do seek what are sometimes called greener pastures returns and there might include a better education for their children access to health and in china possibly case a lot of people do still keep their business there but from a text efficiency perspective of the destinations might be more attractive. destinations might be more attractive- attractive. are they worried about their attractive. are they worried about their truck attractive. are they worried about their truck - attractive. are t
looking to boost foreign investments as its own economic engine slows down. earlier eyes spoke to mattie of the ink comp word o connor s intelligence unit who described what economists are finding of not being in china for nearly three years. i being in china for nearly three ears. ~ being in china for nearly three ears. ~ ., ., years. i think one of the reasons years. i think one of the reasons this years. i think one of the reasons this meeting i years. i think one of the l reasons this meeting and years. i think one of the - reasons this meeting and kind of the streams of executives and world leaders we have seen returning to china in the last few months since the surprisingly abrupt exit of zero covid and china s opening there has been a perception gap thatis there has been a perception gap that is only widened in the three years china was closed. wattimena is the perception of china from outside, even those who have businesses here and have teams here, for whom c
wise ministers. this is probably the biggest delegation saudi arabia has a centre for the summit in the last so many years. this comes just two weeks after the chinese arab business, the 10th ofjune, in which we saw a huge chinese delegation coming in. both countries are looking at this as an opportunity to really deepen their economic push, which we have seen really flourishing, at least on the surface of the last few months. it president started with a presence she champagne s visit, last year, and we have seen chinese companies in western saudi arabia, and if you look on paper, saudi arabia is china s large supply of oil, and also its largest trading partner. but the companies are now looking past other sections of the economy and business where they can both come together. tell and business where they can both come together. come together. tell us a bit more about that, come together. tell us a bit more about that, especially come together. tell us a bit more abou
the united states of america. norah: former vice president mike pence jumps into the republican race for the white house, taking aim at his former boss, donald trump. i believe that anyone who put themselves the constitution should never be president of the united states. a florida woman is facing manslaughter at assault charges after a very disturbing shooting that is leading to new questions about the state stand your ground law. she had no weapon. she posed no imminent threat to anyone. the fight over transgender rights, meet 18 activist pushing back against a growing bounds on transgender care. what are you fighting for? the right to exist. speak of the vatican says pope francis is expected to be hospitalized for several days after undergoing abdominal surgery. norah: and rap icon tupac get some. usable musical we probably we hollywood walk of fame, the legendary tupac shakur. norah: good evening, and thank you for joining us on this we