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Transcripts For BBCNEWS World 20240702

welcome to our look at the top business stories. i m lukwesa burak. today, global markets will be watching the latest us inflation data for clues as to whether the federal reserve might move again on interest rates. inflation was 3.7% over the 12 months to september which is the same rate recorded for august. while inflation has cooled significantly from last year, it remains higher than the 2% target. this month, the us central bank held its key interest rate at its current 22 year high as it seeks to stabilise price rises, which had recently reached near record levels. joining me now is steven blitz, chief us economist, ts lombard. hello and welcome to the programme. hello and welcome to the programme- hello and welcome to the - programme. what are programme. thank you. what are ou programme. thank you. what are you expecting programme. thank you. what are you expecting later programme. thank you. what are you expecting later today? - programme. thank you. what are

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Transcripts For BBCNEWS Asia 20240702

widodo s indonesia is no exception. from jakarta, our asia business correspondent, nick marsh, reports. this is a country on the move. super high speed rail has come to indonesia. whoosh was built by chinese engineers and financed with chinese loans. once upon a time indonesia s largest trading partner was the united states. that train has left the station. now, it is china. they were given the nod to build this over america s ally and the master train makers, japan. this train is notjust the testament to chinese engineering. the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing s brand new office injakarta. presidentjoko and i started meeting when he was governor. the relationship goes back a long way. indonesia is wary of the chinese military power and when it comes to defence, it still

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