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Transcripts for BBCNEWS World Business Report 20240604 04:49:00

you have a lot of people coming in from the west coast obviously into las vegas. tokyo on the other hand is a completely new project. we re partnering with balloona which operates hotels as well in japan. and so we re going to be inside their new hotel in ginza with this new project we can really custom make a night life experience that i don t think japan has ever had before. to tech now and japan s softbank group. softbank is an enormous cluster of companies a conglomerate with fingers in many pies around the globe. it s at the forefront of lots of international tech investments into things like cutting edge artificial intelligence and robotics. softbank is due to post its latest earnings today and is expected to report a return to profit on the back of things like the recent ai boom. lets talk this through with mark schaub international partner at king & wood mallesens. marc, good to have you on the programme. talk us through

Transcripts for BBCNEWS World Business Report 20240604 04:51:00

next quarter? that will make them a heck of a lot of money which will help, won t it? yeah. i think the arm ipo, obviously we don t have details exactly what s happening there but there s a planned ipo, i think, for the uk, unfortunately it s not going to be planned for london, but rather a nasdaq. but that s again it s an ai company and i think what you mentioned in a previous session was about zoom being a company which has hit a certain size problem. but zoom came from nowhere and became very successful and had a lot of value created. so i think that s where softbank is going to be very successful is an identifying these companies before that growth spurt and exiting perhaps before, you know, it fully matures. fik. exiting perhaps before, you know, it fully matures. ok. we shau know, it fully matures. ok. we shall look know, it fully matures. ok. we shall look at know, it fully matures. ok. we shall look at those know, it fully matures. ok. we shall look at those numbers i sh

Transcripts for BBCNEWS World Business Report 20240604 05:37:00

zero covid policy. the manufacturing sector expanded at its fastest pace in a decade in february with the pmi figure coming in at 52.6 that is much better than economists predicted. mark schaub is international partner at the law firm king & wood mallesons which specialises in investment in china. good to talk to you. nobody surprised to see a big bounce backin surprised to see a big bounce back in china, the question, how long will this last fall, is this a sign of very strong growth or well it petered out again? growth or well it petered out auain? , ,., , growth or well it petered out auain? , , growth or well it petered out auain? ,, again? everybody was surprised it bounced again? everybody was surprised it bounced back again? everybody was surprised it bounced back the again? everybody was surprised it bounced back the strongly - it bounced back the strongly and i think is probably that the manufacturing based on export orders, so china was lucky that other countries had

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