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Transcripts For BBCNEWS Breakfast 20240713

On friday. So more rain at times everywhere today. Also lots of dry weather, its mild, and its rather windy as well. So ill start to the morning, the initial rain is pushing its way northwards. Lots of cloud, but lots of dry weather as well, particularly through the mid to late morning into the first part of the afternoon, before further pulses of rain just afternoon, before further pulses of rainjust put in afternoon, before further pulses of rain just put in from the south. But turning dry again towards the end of the day, probably, top temperatures of 12 or 13 celsius. So feeling mild but also some strong gusts of wind around at times as well. For the first half of the night its looking dry, then its going to be wet again through the early hours and into the start of the day tomorrow. But a mild night to come stop temperatures dropping to between seven and nine celsius. Its a wet start to the day tomorrow, but it should brighten up into the afternoon. Some further showers on saturda

Transcripts For BBCNEWS Asia 20240703

Loner. ,. , holding rates higher for loner. , longer. Economic activity has been stronger longer. Economic activity has been stronger than longer. Economic activity has| been stronger than expected, stronger than we all expected. And so what you are seeing is that this is what people believe as of now will be appropriate to achieve what we are looking to achieve, which is progress toward our inflation goal. Is progress toward our inflation goal. Central bank now preject inflation goal. Central bank now project higher inflation goal. Central bank now project higher growth | inflation goal. Central bank. Now project higher growth and lower unemployment for next year. If they are right for the us will have avoided a long recession. The decision gives policymakers more time to assess whether they have done enough over the last 18 months to tame inflation. The fed began lifting Interest Rates from near zero in march 2022. Central banks here in asia keep a close tab on the fed always because

Transcripts For BBCNEWS Asia 20240703

Membership is fed up, we are fed up with falling behind. Its been decades of falling behind, and especially this past decade, the most wealthiest times in the history of these companies, there is no excuse, these companies have made a quarter of 8,000,000,000,000 in the past 4 years. Billions of dollars in the last 6 months alone. And the last 6 months alone. And the workers conditions have gone backwards. The workers conditions have gone backwards. Lets turn our attention to gone backwards. Lets turn our attention to the gone backwards. Lets turn our attention to the Business Attention to the business calendar. Lets take you through exactly what all we are watching out for. On wednesday, Chinas Central Bank will hold its Monthly Review on the cost of borrowing. The peoples bank of china uses a one . Year rate to price loans for businesses needing credit, and a five . Year tenor to guide mortgage rates. Thats the same day the Us Federal Reserve will decide on Interest Rates, which is c

Transcripts For BBCNEWS Asia 20240703

The worlds most Important Technology companies had one of the biggest sale of shares in years. A proper us welcome for the crown jewel of years. A proper us welcome for the Crownjewel Of Uk the crown jewel of uk technology. Arm holdings was born and raised in cambridge, england. You may not have heard of arm holdings but i guarantee you own something with Arm Technology inside it. The chips are 99 in all of the smartphones in the world. 70 of the global population are estimated to have something, phone, tablet, Gaming Console with arm stuff inside it on 30 billion arm design chip sold worldwide alone to customers including google, apple, amazon and microsoft and others. Some of whom took a stake in the company today. The boss told me he wanted to be listed with those of the global Tech Heavyweights in new york. When we look at heavyweights in new york. When we look at all heavyweights in new york. When we look at all the we look at all the opportunities in terms of listening, when we l

Transcripts For BBCNEWS Asia 20240703

Of the biggest sale of shares in years. A proper us welcome for the crown jewel of uk technology. Arm holdings was born and raised in cambridge, england. Now you may not have heard of arm holdings, but i almost guarantee you own something with Arm Technology inside it. Arm design chips are in 99 of all the smartphones in the world. In fact, 70 of the global population are estimated to have something phone, tablet, gaming, console with arm stuff inside it. And 30 billion arm design chips were sold worldwide last year alone to customers that include google, apple, amazon, microsoft and others, some of whom took a stake in the company today. The boss told me he wanted to be listed with those other global Tech Heavyweights in new york. When we look at all of the opportunities in terms of listing, when we just looked at the size of listing that we had and the Tech Companies that we are peer groups with, we thought new york would be the best location. Does it mean decisions about the future

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