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Transcripts For BBCNEWS Asia Business Report 20240706

want to show you how the markets fared overnight. as you can see here on our screens the dow and the s&p 500 closing higher. that is in part to the energy sector index which surged after opec plus s announcement. inflation concerns have been tempered by expectations that the us central bank could soon end its monetary tightening campaign. and oil output cut will mean higher prices and we could see that starting from next month. my that starting from next month. my colleague has more.- my colleague has more. many anal sts my colleague has more. many analysts believe my colleague has more. many analysts believe that - my colleague has more. many analysts believe that the - analysts believe that the coalition of oil producing nations really want to keep the price of oil above $80 a barrel, even hovering around $90 a barrel. a higher price of oil has wide ranging implications. it will make producing goods more expensive for companies and if prices stay high for a while it will

Transcripts For BBCNEWS Asia Business Report 20240706

you how the markets fed overnight. as you can see on the screens, the dowjones and s&p 500 closed higher thanks to the energy sector index which surged after the announcement. inflation concerns have been tempered by expectations the us central bank could end its monetary tightening campaign. still, an oil output cut will mean higher prices. my colleague has more. many analysts colleague has more. many analysts believe colleague has more. many analysts believe that - colleague has more. many analysts believe that they | colleague has more. many - analysts believe that they want to keep the price above $80 a barrel, even hovering around $90 a barrel. a higher price of oil has wide ranging implications. it will make producing goods more expensive for companies and if prices stay high for a while it will have an impact on the price of gasoline, and as many countries around the world are fighting high inflation, this move but opec could make this more difficult and the white

Transcripts For BBCNEWS BBC News 20240706

to be charged with a criminal offence. tonight, mr trump is meeting with his advisors in trump tower, no doubt discussing the charges he is set to face connected to hush money paid to porn actor stormy daniels in the lead up to his campaign for the presidency in 2016. the exact charges he faces will be disclosed in full in court tomorrow. mr trump denies any wrongdoing, calling it a witch hunt. and in the city, police are on high alert with barricades erected around trump tower and the manhattan criminal court where mr trump will appear tomorrow. bbc news is covering this story from all angles tonight. joining me live to discuss all this, sarah krissoff, former assistant us attorney for the southern district of new york doug jones, former democrat senator for the state of alabama, and pete king, former republican congressman for the state of new york. but first, let s talk to our correspondent michelle fluery, who s in new york. where all the action is happening right now. yo

Transcripts For BBCNEWS Asia Business Report 20240706

fell overnight in the united states. you can see the dow and the s&p 500 closing a little higher. in part thanks to the energy sector index which search. production will be cut by i% globally next month when my colleague has more. by 1% globally next month when my colleague has more.- my colleague has more. many anal sts my colleague has more. many analysts believe my colleague has more. many analysts believe that - my colleague has more. many analysts believe that the - my colleague has more. many analysts believe that the cars | analysts believe that the cars coalition really want to keep the price of oil above 8 cents a barrel hovering around 90 cents per barrel. the price of oil has wide ranging imprecations. it would make producing goods more expensive for companies and if priors to stay higherfor a while it would have an impact on the price of gasoline and as many countries are around the world fight inflation, this move by 0pec could make the back for more difficult

Transcripts For BBCNEWS Newsday 20240706

we have a special report from taiwan where the government is taking steps to protect itself against what it sees as a growing threat from china. and nasa unveils the four astronauts who will prepare for a return to the moon the crew of artemis ii. it s six in the morning in singapore, and six in the evening in new york, where donald trump is spending the night ahead of his arraignment on tuesday. this is the seen life in new york. he s in his suite in the trump tower in manhattan, presumably conferring with his lawyers for what will be an unprecedented moment in us legal history. that s because never before has a us president, sitting orformer, faced criminal charges. the case is complex and hasn t yet been made fully public. we ll look at what could happen next and we ll be live with our correspondent in new york injust a moment. but we begin with this report from our north america editor, sarah smith. it s not quite a presidential motorcade, but as donald trump leaves h

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