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Transcripts for BBCNEWS Asia Business Report 20240604 00:34:00

Expected to generate transactions when trading resumes this morning. the country stock market has been weak especially as the recovery from the pandemic has been weaker than expected and china s property sector debt crisis also continues to weigh on the stock market sentiment. gas prices in europe have been really volatile in the recent week because of worries that workers at liquefied natural gas or lng plants in australia could go on strike. the lng plants are operated by two companies woodside energy and chevron. together they supply about 10% of the world lng. woodside said it has reached an agreement with unions but things are still difficult at chevron. the head of research at credit suisse with the situation in context. i at credit suisse with the

Trading
Country-stock-market
Recovery
Transactions
China-s
Gas-prices
Europe
Stock-market-sentiment
Pandemic
Worries
Property-sector-debt-crisis
World

Transcripts for BBCNEWS Asia Business Report 20240604 01:34:00

Shares in evergrande, after being suspended for about 18 months, they have started trading this morning but down by about 83 84% at the open. and this news comes as china s csi and this news comes as china s c51 300 is and this news comes as china s csi 300 is up at the open because the government announced it would halve the stamp duty on stock trading today from its current rate of 0.1%. it was expected to generate large transactions when trading starts and that is what we are seeing at the moment. of course, the country stock market performance has been quite weak this year, especially as the economic recovery from the pandemic has been a lot weaker than what economists had expected. gas prices in europe have been really volatile in the recent week because of worries that workers at liquefied natural gas or lng plants in australia could go on strike. the lng plants are operated by two

China-s
Trading
News
China-evergrande
84
83
18
Csi-300
Rate
Government
Stamp-duty
Stock-trading

Transcripts for BBCNEWS Asia Business Report 20240604 23:33:00

China has halved the stamp duty on stock trading as of today, from its current rate of 0.1%. it s the first such cut since 2008, and it s expected to generate large transactions when trading resumes later this morning. the country s stock market performance has been quite weak this year especially as the economic recovery from the pandemic is weaker than expected. china s property sector s debt crisis also continues to weigh on the stock market sentiment. gas prices in europe have been volatile in recent weeks because of worries that workers at liquefied natural gas or lng plants in australia could go on strike. the lng plants are operated by two companies, woodside energy and chevron. together they supply about 10 percent of the world s lng. woodside says it has reached an agreement with its unions. but things are still uncertain at chevron. prices eased after the woodside agreement, how worried

China-s
Stock-trading
Stamp-duty
Country
Pandemic
Debt-crisis
Rate
Trading
Recovery
Stock-market-performance
Cut
Transactions

Transcripts for BBCNEWS World Business Report 20240604 13:35:00

Normally functioning economy, the rules do not apply. rules do not apply. chris weafer, sor for rules do not apply. chris weafer, sorry for interrupting, rules do not apply. chris weafer, sorry for interrupting, just - rules do not apply. chris weafer, l sorry for interrupting, just running out of time, thank you very much. to australia now, where workers at some of the country s lng plants producers of liquefied natural gas will decide this week if they ll go on strike over pay and employment rights. now this matters, as the plants together supply around 10% of the global lng market. european gas prices were pushed up again today, after surging last week. reliance on lng has grown since the russian war in ukraine, especially in europe, where pipeline gas supplies were cut.

Economy
Chris-weafer
Rules
Australia
Workers
Country
Lng-plants
Running-out-of-time
Sor
Matters
Gas-prices
Strike

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