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Transcripts For BBCNEWS Asia 20240706



to respond to local government debt and real estate troubles. another priority is to get financial regulators to work more closely together so they can co ordinate the event of an economic shock. janet yellen is slowly emerging as a key player in the biden administration s handling of this challenging relationship between the world s two superpowers and she said she plans to visit china again and she said she plans to visit china again next year, her second visit since july. china industrial output grew 6%, faster than the 4.6% gain in october. retail sales also grew but missed forecast chinese consumers have been reluctant to spend amid a deepening crisis in the country s property sector and economic slowdown. a majorfault line between washington and beijing is the race to develop semiconductors. chips power everything from smartphones to military highend equipment and are increasingly seen as crucial to the global economy. south korea and the netherlands two keynotes ....

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Transcripts For BBCNEWS Sportsday 20240706

see you in liverpool. daniel rosney, bbc news. time for a look at the weather. here s susan powell. it is officially the warmest day of 2023 so far. it is currently 20 degrees in the northern highlands. there has been beautiful sunshine here in the morning. this was a picture from earlier from far in the northern highlands. there was also early sunshine on the golf course in norfolk this morning, but actually along the coast in norfolk and suffolk, some low cloud has been closing in. at cromer, it isjust 9 degrees. this stripe of low cloud, mist and murk will continue to encroach into the north sea coast as we move through this afternoon. many areas will continue with decent spells of sunshine, particularly widespread across eastern england away from east coast. in the west, it may squeeze out the odd shower. but with some cloudy to start off on tuesday. with clear skies, we could be seeing a touch of frost first thing on tuesday in the scottish highlands. high pressure still ....

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Transcripts For BBCNEWS Sportsday 20240706

is of course. they will start to warm up but only eight or 9 degrees, the north sea, so with the wind straight off that it will feel chilly. ten, 11 degrees. head further inland towards the west, towards the mid teens, and again the north and west of scotland are the best with the temperatures. the temperature is following through the week and it will gradually turn more and more unsettled, thick cloud around with some outbreaks of rain, but enjoy the sunshine in the short term. see you later. thanks, stav. and that s bbc news at six. you can keep up with all the latest developments on bbc website. hello and welcome to sportsday i m chetan pathak coming up on monday night s programme: three horses dead, protests and arrests as three days at aintree spark a debate over animal welfare what next for british jump racing? with six weeks of the premier league season to go we ll take a look at the title race as city edge closer to arsenal after a weekend of changing fortun ....

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Transcripts For BBCNEWS Asia 20240701



that number has remained higher thanks in part to persistently high housing costs. raising interest rates is meant to combat inflation. higher interest rates make it more expensive to borrow money and that is supposed to tempt down spending which in turn should tame runway prices. president biden praised the data as good news and called on large corporations to pass the savings on to consumers. now it is up to the fed to decide whether they have done enough work to help prices return to normal. that would mean holding interest rates steady and that is what they are expected to do on wednesday. what investors really want to know is when the fed thinks it will be time to cut rates. they will almost certainly have to wait and hope for next year. of course inflation has been a big topic for many economies around the world this year. it is a different picture in china where we just found out last week the economy is slipping further into deflation, that s falling prices. wit ....

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Transcripts For BBCNEWS Asia 20240702



will be key, but export curbs on onions is not the first one. we have seen the government take this road for rice and wheat earlier this year, and prices did come down in the domestic market after the export curbs were announced in the same happened with onions. wholesale market prices have actually been seen coming down, so that is really in the focus because despite the growth story that india portrays where we have seen multiple people updating their growth numbers in the coming months, inflation is still a sticky point and it was the reason why the central bank last friday kept the key interest rates unchanged on the higher side, showing its concern on rising food prices. onions are so important to indian cooking, aren t they? and we have seen some reaction from the producers of onions, those farmers blocking the highway. what has the response been otherwise? at been otherwise? at the moment, onions, been otherwise? at the moment, onions. which been otherwise? at ....

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